FJB INVESTMENTS LIMITED
Notes to the financial statements
For the Period Ended 31 December 2023
FJB Investments Limited is a private company limited by share capital incorporated in England and Wales, registration number 10364445. The registered office is 3rd Floor, 12 Gough Square, London, EC4A 3DW.
The company received no income and incurred no expenditure in the period but continues to seek new investment opportunities.
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.
The financial statements have been prepared on a going concern basis despite an excess of liabilities over total assets on the basis that a fellow group company is willing to support the company.
The Company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties and loans to related parties.
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.
The average number of employees during the period, including directors, was 1 (2022 - 1).
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Amounts owed by group undertakings
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