Registered number
07098021
Fiscal Associates UK Limited
Filleted Accounts
31 December 2023
Fiscal Associates UK Limited
Registered number: 07098021
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 16,380 18,353
Cash at bank and in hand 34,625 22,049
51,005 40,402
Creditors: amounts falling due within one year 4 (23,660) (20,371)
Net current assets 27,345 20,031
Net assets 27,345 20,031
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 26,345 19,031
Shareholders' funds 27,345 20,031
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 members have 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.
G J Gfriffin
Director
Approved by the board on 15 April 2024
Fiscal Associates UK Limited
Notes to the Accounts
for the year ended 31 December 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), 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. 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.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2023 2022
£ £
Trade debtors 16,380 18,353
4 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 18 -
Taxation and social security costs 23,056 20,371
Other creditors 586 -
23,660 20,371
5 Other information
Fiscal Associates UK Limited is a private company limited by shares and incorporated in England. Its registered office is:
26 Goodall Street
Walsall
West Midlands
WS1 1QL
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