FXWL LIMITED

Company Registration Number:
13689661 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

FXWL LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

FXWL LIMITED

Balance sheet

As at 31 January 2024


Notes

2024

15 months to 31 January 2023


£

£
Fixed assets
Intangible assets: 3 23,231 35,530
Tangible assets: 4 227,869 283,047
Total fixed assets: 251,100 318,577
Current assets
Stocks: 2,871,158 2,063,524
Debtors:   499,218 456,206
Cash at bank and in hand: 302,320 1,898,017
Total current assets: 3,672,696 4,417,747
Creditors: amounts falling due within one year:   (1,220,016) (727,869)
Net current assets (liabilities): 2,452,680 3,689,878
Total assets less current liabilities: 2,703,780 4,008,455
Creditors: amounts falling due after more than one year:   (9,143,288) (4,093,151)
Total net assets (liabilities): (6,439,508) (84,696)
Capital and reserves
Called up share capital: 5,002,943 5,002,943
Profit and loss account: (11,442,451) (5,087,639)
Shareholders funds: (6,439,508) (84,696)

The notes form part of these financial statements

FXWL LIMITED

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 October 2024
and signed on behalf of the board by:

Name: Nicolas Charles Roger Pickaerts
Status: Director

The notes form part of these financial statements

FXWL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FXWL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 15 months to 31 January 2023
Average number of employees during the period 32 20

FXWL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Intangible Assets

Total
Cost £
At 01 February 2023 36,897
At 31 January 2024 36,897
Amortisation
At 01 February 2023 1,367
Charge for year 12,299
At 31 January 2024 13,666
Net book value
At 31 January 2024 23,231
At 31 January 2023 35,530

FXWL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible Assets

Total
Cost £
At 01 February 2023 311,184
Additions 56,621
At 31 January 2024 367,805
Depreciation
At 01 February 2023 28,137
Charge for year 111,799
At 31 January 2024 139,936
Net book value
At 31 January 2024 227,869
At 31 January 2023 283,047