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REGISTERED NUMBER: 13426891 (England and Wales)










Financial Statements

for the Period 1 June 2022 to 31 October 2023

for

FOXTROT BEE LTD

FOXTROT BEE LTD (REGISTERED NUMBER: 13426891)






Contents of the Financial Statements
FOR THE PERIOD 1 JUNE 2022 TO 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FOXTROT BEE LTD

Company Information
FOR THE PERIOD 1 JUNE 2022 TO 31 OCTOBER 2023







DIRECTOR: A S Kounnis





REGISTERED OFFICE: 1 Kings Avenue
London
N21 3NA





REGISTERED NUMBER: 13426891 (England and Wales)





AUDITORS: AGK Partners
Chartered Accountants & Statutory Auditors
1 Kings Avenue
London
N21 3NA

FOXTROT BEE LTD (REGISTERED NUMBER: 13426891)

Balance Sheet
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 873 -

CURRENT ASSETS
Debtors 5 329,906 6,778
Cash at bank 49,248 50,913
379,154 57,691
CREDITORS
Amounts falling due within one year 6 190,791 18,223
NET CURRENT ASSETS 188,363 39,468
TOTAL ASSETS LESS CURRENT
LIABILITIES

189,236

39,468

CREDITORS
Amounts falling due after more than one
year

7

-

28,914
NET ASSETS 189,236 10,554

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 189,235 10,553
189,236 10,554

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 director and authorised for issue on 30 October 2024 and were signed by:





A S Kounnis - Director


FOXTROT BEE LTD (REGISTERED NUMBER: 13426891)

Notes to the Financial Statements
FOR THE PERIOD 1 JUNE 2022 TO 31 OCTOBER 2023

1. STATUTORY INFORMATION

Foxtrot Bee Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and future periods where the revision affects both current and future periods. There are no significant judgements or estimates involved in the preparation of the financial statements.

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

Revenue is recognised when services are rendered to the customers.

Property, plant and equipment
Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the assets capable of operating as intended.

The carrying value of property, plant and equipment are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.


Computer equipment 20% on Reducing Balance

Financial instruments
Basic financial assets and liabilities, which include debtors, creditors, cash and bank balances, are initially
measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Taxation
Taxation for the period 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.


FOXTROT BEE LTD (REGISTERED NUMBER: 13426891)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 JUNE 2022 TO 31 OCTOBER 2023

2. ACCOUNTING POLICIES - continued
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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2022 - 3 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
Additions 1,091
At 31 October 2023 1,091
DEPRECIATION
Charge for period 218
At 31 October 2023 218
NET BOOK VALUE
At 31 October 2023 873

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 3,551
Amounts owed by group undertaking 324,990 -
Other debtors 4,916 3,227
329,906 6,778

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 6,019 7,360
Amounts owed by group undertaking - 331
Taxation and social security 116,207 10,394
Other creditors 68,565 138
190,791 18,223

FOXTROT BEE LTD (REGISTERED NUMBER: 13426891)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 JUNE 2022 TO 31 OCTOBER 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors - 28,914

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Alekos Christofi (FCCA) (Senior Statutory Auditor)
for and on behalf of AGK Partners

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included in creditors, amount falling due within one year, is an amount of £Nil (2022: £138) owed to the director of the company. This loan was interest free and repayable on demand.

During the year the company received services from a company with common shareholders amounting to £74,723 (2022: £18,158).

10. ULTIMATE CONTROLLING PARTY

The company's immediate parent is The Intsol Group Ltd, incorporated in England and Wales. The ultimate controlling parties are the shareholder's of The Intsol Group Ltd by virtue of their holding in the parent company.

11. COMPARATIVES

The comparative figures in these financial statements are unaudited. Furthermore, the figures in the accounts are not comparable as the current period of these accounts is seventeen months as compared to slightly over one year in previous period.