Company Registration No. 06725552 (England and Wales)
FTJ BUSINESS SOLUTIONS LTD
Unaudited accounts
for the year ended 31 October 2023
FTJ BUSINESS SOLUTIONS LTD
Unaudited accounts
Contents
FTJ BUSINESS SOLUTIONS LTD
Company Information
for the year ended 31 October 2023
Company Number
06725552 (England and Wales)
Registered Office
West Suite, Second Floor
255-259 Commercial Road
London
E1 2BT
FTJ BUSINESS SOLUTIONS LTD
Statement of financial position
as at 31 October 2023
Tangible assets
14,721
19,629
Cash at bank and in hand
3,207
661
Net current assets
4,757
21,170
Total assets less current liabilities
19,478
40,799
Creditors: amounts falling due after more than one year
(24,986)
(45,966)
Net liabilities
(5,508)
(5,167)
Called up share capital
200
200
Profit and loss account
(5,708)
(5,367)
Shareholders' funds
(5,508)
(5,167)
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 July 2024 and were signed on its behalf by
Francis Obilade
Director
Company Registration No. 06725552
FTJ BUSINESS SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 October 2023
FTJ BUSINESS SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 06725552. The registered office is West Suite, Second Floor, 255-259 Commercial Road, London, E1 2BT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
25,000
2,500
450
27,950
At 31 October 2023
25,000
2,500
450
27,950
At 1 November 2022
6,397
1,924
-
8,321
Charge for the year
4,651
144
113
4,908
At 31 October 2023
11,048
2,068
113
13,229
At 31 October 2023
13,952
432
337
14,721
At 31 October 2022
18,603
576
450
19,629
Amounts falling due within one year
Trade debtors
1,550
20,509
FTJ BUSINESS SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
20,322
38,131
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).