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REGISTERED NUMBER: 06298269 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

FOLLOW FOCUS LTD

FOLLOW FOCUS LTD (REGISTERED NUMBER: 06298269)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FOLLOW FOCUS LTD

COMPANY INFORMATION
for the Year Ended 31 July 2023







DIRECTOR: A J Rollitt





REGISTERED OFFICE: 49 Strelley Avenue
Sheffield
South Yorkshire
S8 0BE





REGISTERED NUMBER: 06298269 (England and Wales)





ACCOUNTANTS: Hodgson & Oldfield
20 Paradise Square
Sheffield
S1 2DE

FOLLOW FOCUS LTD (REGISTERED NUMBER: 06298269)

BALANCE SHEET
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,315 1,621
1,315 1,621

CURRENT ASSETS
Debtors 6 12,937 11,233
Cash at bank 29,446 27,395
42,383 38,628
CREDITORS
Amounts falling due within one year 7 36,709 35,746
NET CURRENT ASSETS 5,674 2,882
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,989

4,503

PROVISIONS FOR LIABILITIES 329 308
NET ASSETS 6,660 4,195

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 5,660 3,195
SHAREHOLDERS' FUNDS 6,660 4,195

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FOLLOW FOCUS LTD (REGISTERED NUMBER: 06298269)

BALANCE SHEET - continued
31 July 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 July 2024 and were signed by:





A J Rollitt - Director


FOLLOW FOCUS LTD (REGISTERED NUMBER: 06298269)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Follow Focus Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


FOLLOW FOCUS LTD (REGISTERED NUMBER: 06298269)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2022
and 31 July 2023 25,000
AMORTISATION
At 1 August 2022
and 31 July 2023 25,000
NET BOOK VALUE
At 31 July 2023 -
At 31 July 2022 -

FOLLOW FOCUS LTD (REGISTERED NUMBER: 06298269)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2023

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2022 2,347 6,659 9,006
Additions - 282 282
At 31 July 2023 2,347 6,941 9,288
DEPRECIATION
At 1 August 2022 1,940 5,445 7,385
Charge for year 79 509 588
At 31 July 2023 2,019 5,954 7,973
NET BOOK VALUE
At 31 July 2023 328 987 1,315
At 31 July 2022 407 1,214 1,621

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 7,480 4,860
Other debtors 4,923 4,923
Prepayments 534 1,450
12,937 11,233

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Taxation and social security 34,153 32,639
Other creditors 2,556 3,107
36,709 35,746

8. ULTIMATE CONTROLLING PARTY

The controlling party is A J Rollitt.