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REGISTERED NUMBER: 06661250 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

FULIA TRADING LIMITED

FULIA TRADING LIMITED (REGISTERED NUMBER: 06661250)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FULIA TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 December 2023







DIRECTORS: M Wolski
A Savva
L Savva





SECRETARY: L Savva





REGISTERED OFFICE: Office 9
Dalton House
60 Windsor Avenue
London
SW19 2RR





REGISTERED NUMBER: 06661250 (England and Wales)





ACCOUNTANTS: G. George Associates Limited
Chartered Certified Accountants
12 Gateway Mews
Ring Way
London
N11 2UT

FULIA TRADING LIMITED (REGISTERED NUMBER: 06661250)

BALANCE SHEET
31 December 2023

31.12.23 31.12.22
Notes €    €    €    €   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 27,639,661 25,193,115
27,639,661 25,193,115

CURRENT ASSETS
Debtors 6 2,170,128 2,084,495
Cash at bank 2,926,854 4,153,729
5,096,982 6,238,224
CREDITORS
Amounts falling due within one year 7 5,228,877 5,041,733
NET CURRENT (LIABILITIES)/ASSETS (131,895 ) 1,196,491
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,507,766

26,389,606

CREDITORS
Amounts falling due after more than one
year

8

23,131,980

22,074,718
NET ASSETS 4,375,786 4,314,888

CAPITAL AND RESERVES
Called up share capital 1,111 1,111
Retained earnings 4,374,675 4,313,777
SHAREHOLDERS' FUNDS 4,375,786 4,314,888

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FULIA TRADING LIMITED (REGISTERED NUMBER: 06661250)

BALANCE SHEET - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by:





A Savva - Director


FULIA TRADING LIMITED (REGISTERED NUMBER: 06661250)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2023

1. STATUTORY INFORMATION

Fulia Trading Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on cost

Investments in subsidiaries and associates
Investments in subsidiary and associate undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

FULIA TRADING LIMITED (REGISTERED NUMBER: 06661250)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
€   
COST
At 1 January 2023 317,627
Disposals (317,627 )
At 31 December 2023 -
DEPRECIATION
At 1 January 2023 317,627
Eliminated on disposal (317,627 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. FIXED ASSET INVESTMENTS

31.12.23 31.12.22
€    €   
Shares in group undertakings 515,463 515,463
Loans to group undertakings 15,246,171 14,752,499
Participating interests 594 594
Other investments not loans 473,056 473,056
Other loans 11,404,377 9,451,503
27,639,661 25,193,115

Additional information is as follows:
Shares in Interest
group in Other
undertakings associate investments Totals
€    €    €    €   
COST
At 1 January 2023
and 31 December 2023 515,463 594 473,056 989,113
NET BOOK VALUE
At 31 December 2023 515,463 594 473,056 989,113
At 31 December 2022 515,463 594 473,056 989,113

FULIA TRADING LIMITED (REGISTERED NUMBER: 06661250)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 December 2023

5. FIXED ASSET INVESTMENTS - continued
Loans to
group Other
undertakings loans Totals
€    €    €   
At 1 January 2023 14,752,499 9,451,503 24,204,002
New in year 859,178 1,604,428 2,463,606
Repayment in year (17,060 ) - (17,060 )
Other movement (348,446 ) 348,446 -
At 31 December 2023 15,246,171 11,404,377 26,650,548

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
€    €   
Trade debtors 58,767 58,767
Other debtors 2,111,361 2,025,728
2,170,128 2,084,495

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
€    €   
Bank loans and overdrafts 501,879 501,879
Trade creditors 623,843 623,816
Other creditors 4,103,155 3,916,038
5,228,877 5,041,733

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
€    €   
Bank loans 5,059,726 5,059,726
Other creditors 18,072,254 17,014,992
23,131,980 22,074,718