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Company Registration No. 05704045 (England and Wales)
FONSEKA & CO LTD Unaudited accounts for the period from 1 March 2024 to 24 August 2024
FONSEKA & CO LTD Unaudited accounts Contents
Page
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FONSEKA & CO LTD Company Information for the period from 1 March 2024 to 24 August 2024
Director
Nimalasiri Fonseka
Company Number
05704045 (England and Wales)
Registered Office
54 FRENSHAM CLOSE SOUTHALL MIDDLESEX UB1 2YG
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FONSEKA & CO LTD Statement of financial position as at 24 August 2024
24/08/2024 
29/02/2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
16,094 
16,094 
Current assets
Debtors
130,000 
51,679 
Cash at bank and in hand
497 
1,039 
130,497 
52,718 
Creditors: amounts falling due within one year
(238,322)
(67,460)
Net current liabilities
(107,825)
(14,742)
Net (liabilities)/assets
(91,731)
1,352 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(91,831)
1,252 
Shareholders' funds
(91,731)
1,352 
For the period ending 24 August 2024 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 31 August 2024 and were signed on its behalf by
Nimalasiri Fonseka Director Company Registration No. 05704045
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FONSEKA & CO LTD Notes to the Accounts for the period from 1 March 2024 to 24 August 2024
1
Statutory information
FONSEKA & CO LTD is a private company, limited by shares, registered in England and Wales, registration number 05704045. The registered office is 54 FRENSHAM CLOSE, SOUTHALL, MIDDLESEX, UB1 2YG. The company is in the process of being wound up.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Turnover
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.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2024
16,094 
At 24 August 2024
16,094 
Amortisation
At 1 March 2024
- 
At 24 August 2024
- 
Net book value
At 24 August 2024
16,094 
At 29 February 2024
16,094 
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FONSEKA & CO LTD Notes to the Accounts for the period from 1 March 2024 to 24 August 2024
5
Debtors
24/08/2024 
29/02/2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
130,000 
41,104 
Other debtors
- 
10,575 
130,000 
51,679 
6
Creditors: amounts falling due within one year
24/08/2024 
29/02/2024 
£ 
£ 
Trade creditors
55,915 
11,099 
Taxes and social security
25,053 
56,361 
Other creditors
157,354 
- 
238,322 
67,460 
7
Share capital
24/08/2024 
29/02/2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the period the average number of employees was 0 (29/02/2024: 0).
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