Registered number
07861969
FCG Services (UK) Limited
Filleted Accounts
30 November 2023
FCG Services (UK) Limited
Registered number: 07861969
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Fixed assets
Investments 3 63,600 -
Current assets
Debtors 4 26,440 60,568
Cash at bank and in hand 132,439 142,385
158,879 202,953
Creditors: amounts falling due within one year 5 (4,721) (4,750)
Net current assets 154,158 198,203
Net assets 217,758 198,203
Capital and reserves
Called up share capital 100 100
Profit and loss account 217,658 198,103
Shareholder's funds 217,758 198,203
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
F. C. Gallagher
Director
Approved by the board on 6 August 2024
FCG Services (UK) Limited
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Investments
Other
investments
£
Cost
Additions 63,600
At 30 November 2023 63,600
4 Debtors 2023 2022
£ £
Trade debtors 26,440 60,568
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 4,587 4,129
Other creditors 134 621
4,721 4,750
6 Other information
FCG Services (UK) Limited is a private company limited by shares and incorporated in England. Its registered office is:
144 Lymington Avenue
Wood Green
London
N22 6JG
FCG Services (UK) Limited 07861969 false 2022-12-01 2023-11-30 2023-11-30 VT Final Accounts April 2024 F. C. Gallagher No description of principal activity 07861969 2021-12-01 2022-11-30 07861969 core:WithinOneYear 2022-11-30 07861969 core:ShareCapital 2022-11-30 07861969 core:RetainedEarningsAccumulatedLosses 2022-11-30 07861969 2022-12-01 2023-11-30 07861969 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 07861969 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 07861969 bus:Director40 2022-12-01 2023-11-30 07861969 1 2022-12-01 2023-11-30 07861969 2 2022-12-01 2023-11-30 07861969 countries:England 2022-12-01 2023-11-30 07861969 bus:FRS102 2022-12-01 2023-11-30 07861969 bus:FilletedAccounts 2022-12-01 2023-11-30 07861969 2023-11-30 07861969 core:WithinOneYear 2023-11-30 07861969 core:ShareCapital 2023-11-30 07861969 core:RetainedEarningsAccumulatedLosses 2023-11-30 07861969 core:AdditionsToInvestments 2023-11-30 07861969 2022-11-30 iso4217:GBP xbrli:pure