Indigo FX Holdings Limited
Registered number: 12085187
Balance sheet
As at 31 December 2023
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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For the year ended 31 December 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.
Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 August 2024.
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Mr K S Ubhoo
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The notes on pages 2 to 4 form part of these financial statements.
Page 1
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Indigo FX Holdings Limited
Notes to the financial statements
For the Year Ended 31 December 2023
Indigo FX Holdings is a private company limited by shares incorporated in England and Wales. The registered office and principal place of business is 30 Crown Place, London, EC2A 4EB.
The principal activity is disclosed in the directors report.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
Investments in subsidiaries are measured at cost less accumulated impairment.
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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Investments in subsidiary companies
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Page 2
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Indigo FX Holdings Limited
Notes to the financial statements
For the Year Ended 31 December 2023
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The following was a subsidiary undertaking of the Company:
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30 Crown Place, London EC2A 4EB
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The principal activity ofthe company is that of a deliverable foreign exchange brokerage.
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The aggregate of the share capital and reserves as at 31 December 2023 and the profit or loss for the year ended on that date for the subsidiary undertaking were as follows:
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Aggregate of share capital and reserves
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Creditors: Amounts falling due within one year
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Accruals and deferred income
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Allotted, called up and fully paid
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501,003 (2022 - 501,003) Ordinary shares of £1.00 each
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Profit and loss account
The reserve records accumulated earnings and profits of the company.
Page 3
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