Company Registration No. 11183216 (England and Wales)
Focus Guru Groups Limited
Unaudited accounts
for the year ended 29 February 2024
Focus Guru Groups Limited
Unaudited accounts
Contents
Focus Guru Groups Limited
Company Information
for the year ended 29 February 2024
Director
Efetobore Ohwofasa
Company Number
11183216 (England and Wales)
Registered Office
21 St. Lukes Road
Bournemouth
Dorset
BH3 7LR
England
Accountants
SH Accounting Solutions Ltd
Office 1, 319a Holdenhurst Road
Bournemouth
BH8 8BT
Focus Guru Groups Limited
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
(30)
(30)
Creditors: amounts falling due within one year
(6,927)
(8,408)
Net current liabilities
(4,957)
(4,877)
Total assets less current liabilities
(4,957)
(4,877)
Creditors: amounts falling due after more than one year
(24,533)
(24,533)
Net liabilities
(29,490)
(29,410)
Called up share capital
1
1
Profit and loss account
(29,491)
(29,411)
Shareholders' funds
(29,490)
(29,410)
For the year ending 29 February 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 November 2024 and were signed on its behalf by
Efetobore Ohwofasa
Director
Company Registration No. 11183216
Focus Guru Groups Limited
Notes to the Accounts
for the year ended 29 February 2024
Focus Guru Groups Limited is a private company, limited by shares, registered in England and Wales, registration number 11183216. The registered office is 21 St. Lukes Road, Bournemouth, Dorset, BH3 7LR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,400
6,400
Taxes and social security
-
1,561
6
Creditors: amounts falling due after more than one year
2024
2023
Focus Guru Groups Limited
Notes to the Accounts
for the year ended 29 February 2024
7
Transactions with related parties
During the year, the company made the following related party transactions:
Director
During the year, the director received no loans and made repayments of £80. The balance due to the director at the year end was £127 (2023 - £47).
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).