Forces Transition Group Limited 14646797 false 2023-02-08 2023-09-30 2023-09-30 The principal activity of the company is recruitment. Digita Accounts Production Advanced 6.30.9574.0 true 14646797 2023-02-08 2023-09-30 14646797 2023-09-30 14646797 core:RetainedEarningsAccumulatedLosses 2023-09-30 14646797 core:ShareCapital 2023-09-30 14646797 core:CurrentFinancialInstruments 2023-09-30 14646797 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 14646797 bus:SmallEntities 2023-02-08 2023-09-30 14646797 bus:AuditExemptWithAccountantsReport 2023-02-08 2023-09-30 14646797 bus:FullAccounts 2023-02-08 2023-09-30 14646797 bus:SmallCompaniesRegimeForAccounts 2023-02-08 2023-09-30 14646797 bus:RegisteredOffice 2023-02-08 2023-09-30 14646797 bus:Director1 2023-02-08 2023-09-30 14646797 bus:PrivateLimitedCompanyLtd 2023-02-08 2023-09-30 14646797 countries:EnglandWales 2023-02-08 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 14646797

Forces Transition Group Limited

Unaudited Financial Statements

for the Period from 8 February 2023 to 30 September 2023

 

Forces Transition Group Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Forces Transition Group Limited

(Registration number: 14646797)
Balance Sheet as at 30 September 2023

Note

2023
£

Current assets

 

Debtors

4

2,000

Cash at bank and in hand

 

35,196

 

37,196

Creditors: Amounts falling due within one year

5

(8,549)

Net assets

 

28,647

Capital and reserves

 

Called up share capital

100

Retained earnings

28,547

Shareholders' funds

 

28,647

For the financial period ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 3 April 2024 and signed on its behalf by:
 

.........................................
Mr J Stephenson
Director

 

Forces Transition Group Limited

Notes to the Unaudited Financial Statements for the Period from 8 February 2023 to 30 September 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
3 Alvaston Business Park
Middlewich Road
Alvaston
CW5 6PF
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of services and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Forces Transition Group Limited

Notes to the Unaudited Financial Statements for the Period from 8 February 2023 to 30 September 2023

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 4.

4

Debtors

Current

2023
£

Other debtors

2,000

5

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Trade creditors

400

Taxation and social security

465

Other creditors

7,684

8,549