Company registration number 10345890 (England and Wales)
FORTITUDE GLOBAL IT SUPPORT LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024
PAGES FOR FILING WITH REGISTRAR
FORTITUDE GLOBAL IT SUPPORT LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
FORTITUDE GLOBAL IT SUPPORT LTD
BALANCE SHEET
AS AT
28 FEBRUARY 2024
28 February 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
4
63
148,938
Cash at bank and in hand
14,419
14,745
14,482
163,683
Creditors: amounts falling due within one year
5
(1,250)
(135,684)
Net current assets
13,232
27,999
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
13,230
27,997
Total equity
13,232
27,999

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 26 November 2024 and are signed on its behalf by:
Mrs Katy Upton
Director
Company registration number 10345890 (England and Wales)
FORTITUDE GLOBAL IT SUPPORT LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024
- 2 -
1
Accounting policies
Company information

Fortitude Global IT Support Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Prospect House, 1 Prospect Place, Derby, DE24 8HG. The company registration number is 10345890.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.3
Financial instruments
Basic financial assets

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Basic financial liabilities

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest method. Loans and borrowings that are receivable within one year are not discounted. If an arrangement constitutes a finance transaction it is measured at present value of future payments discounted at a market rate of interest for a similar loan.

2
Judgements and key sources of estimation uncertainty

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.

FORTITUDE GLOBAL IT SUPPORT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2024
- 3 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
2
2
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
-
0
148,875
Corporation tax recoverable
63
63
63
148,938
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
-
0
80,840
Other creditors
1,250
54,844
1,250
135,684
2024-02-282023-03-01false26 November 2024CCH SoftwareCCH Accounts Production 2024.210No description of principal activityMr Wayne HibbertMrs Katy Uptonfalsefalse103458902023-03-012024-02-28103458902024-02-28103458902023-02-2810345890core:CurrentFinancialInstrumentscore:WithinOneYear2024-02-2810345890core:CurrentFinancialInstrumentscore:WithinOneYear2023-02-2810345890core:CurrentFinancialInstruments2024-02-2810345890core:CurrentFinancialInstruments2023-02-2810345890core:ShareCapital2024-02-2810345890core:ShareCapital2023-02-2810345890core:RetainedEarningsAccumulatedLosses2024-02-2810345890core:RetainedEarningsAccumulatedLosses2023-02-2810345890bus:Director22023-03-012024-02-28103458902022-03-012023-02-2810345890bus:PrivateLimitedCompanyLtd2023-03-012024-02-2810345890bus:SmallCompaniesRegimeForAccounts2023-03-012024-02-2810345890bus:FRS1022023-03-012024-02-2810345890bus:AuditExemptWithAccountantsReport2023-03-012024-02-2810345890bus:Director12023-03-012024-02-2810345890bus:FullAccounts2023-03-012024-02-28xbrli:purexbrli:sharesiso4217:GBP