FOLIO SERVICES GROUP LTD

Company Registration Number:
13850407 (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

FOLIO SERVICES GROUP LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

FOLIO SERVICES GROUP LTD

Company Information

for the Period Ended 31 January 2024




Registered office: 15
Portland Road
London
England
W11 4LH
Company Registration Number: 13850407 (England and Wales)

FOLIO SERVICES GROUP LTD

Balance sheet

As at 31 January 2024


Notes

2024
£
13 months to
31 Jan 2023
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 466,799 404,046
Total fixed assets: 466,799 404,046
Current assets
Stocks: 0 0
Debtors: 90,776 52,191
Cash at bank and in hand: 0 4,779
Total current assets: 90,776 56,970
Prepayments and accrued income: 20,766 9,896
Creditors: amounts falling due within one year: ( 106,403 ) ( 13,820 )
Net current assets (liabilities): 5,139 53,046
Total assets less current liabilities: 471,938 457,092
Creditors: amounts falling due after more than one year: ( 583,446 ) ( 515,727 )
Total net assets (liabilities): ( 111,508 ) ( 58,635 )

The notes form part of these financial statements

FOLIO SERVICES GROUP LTD

Balance sheet continued

As at 31 January 2024


Notes

2024
£
13 months to
31 Jan 2023
£
Capital and reserves
Called up share capital: 1 1
Revaluation reserve: 6 0 0
Profit and loss account: ( 111,509 ) ( 58,636 )
Shareholders funds: ( 111,508 ) ( 58,635 )

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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 October 2024
And Signed On Behalf Of The Board By:

Name: Christopher Barnard
Status: Director

The notes form part of these financial statements

FOLIO SERVICES GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

FOLIO SERVICES GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024
    13 months to
    31 Jan 2023
    Average number of employees during the period 4 1

FOLIO SERVICES GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

FOLIO SERVICES GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 February 2023 0
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 January 2024 0
    Amortisation
    Amortisation at 01 February 2023 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 January 2024 0
    Net book value
    Net book value at 31 January 2024 0
    Net book value at 31 January 2023 0

FOLIO SERVICES GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Tangible Assets

Total
Cost £
At 01 February 2023 440,181
Additions 134,333
Disposals -
Revaluations -
Transfers -
At 31 January 2024 574,514
Depreciation
At 01 February 2023 36,135
Charge for year 71,580
On disposals -
Other adjustments -
At 31 January 2024 107,715
Net book value
At 31 January 2024 466,799
At 31 January 2023 404,046

FOLIO SERVICES GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Revaluation reserve


2024
£
Balance at 01 February 2023 0
Surplus or deficit after revaluation 0
Balance at 31 January 2024 0