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Company Registration No. 14041542 (England and Wales)
FSDN Systems Ltd Unaudited accounts for the year ended 30 April 2024
FSDN Systems Ltd Unaudited accounts Contents
Page
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FSDN Systems Ltd Company Information for the year ended 30 April 2024
Director
Clive Morrison
Company Number
14041542 (England and Wales)
Registered Office
210 Mitcham Road Croydon Surrey CR0 3JG
Accountants
G&C 43 London Road Greenhithe Kent DA9 9EJ
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FSDN Systems Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,009 
13,722 
Current assets
Debtors
440 
1,250 
Cash at bank and in hand
78,230 
13,308 
78,670 
14,558 
Creditors: amounts falling due within one year
(34,010)
(14,328)
Net current assets
44,660 
230 
Total assets less current liabilities
54,669 
13,952 
Provisions for liabilities
Deferred tax
(1,902)
(2,607)
Net assets
52,767 
11,345 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
52,667 
11,245 
Shareholders' funds
52,767 
11,345 
For the year ending 30 April 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 7 January 2025 and were signed on its behalf by
Clive Morrison Director Company Registration No. 14041542
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FSDN Systems Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
FSDN Systems Ltd is a private company, limited by shares, registered in England and Wales, registration number 14041542. The registered office is 210 Mitcham Road, Croydon, Surrey, CR0 3JG.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Motor vehicles
15% on reducing balance
Computer equipment
15% on reducing balance
Deferred taxation
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 year 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.
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FSDN Systems Ltd Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 May 2023
701 
14,683 
- 
759 
16,143 
Additions
50 
- 
303 
- 
353 
Disposals
- 
(2,299)
- 
- 
(2,299)
At 30 April 2024
751 
12,384 
303 
759 
14,197 
Depreciation
At 1 May 2023
105 
2,202 
- 
114 
2,421 
Charge for the year
97 
1,527 
46 
97 
1,767 
At 30 April 2024
202 
3,729 
46 
211 
4,188 
Net book value
At 30 April 2024
549 
8,655 
257 
548 
10,009 
At 30 April 2023
596 
12,481 
- 
645 
13,722 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,250 
Other debtors
440 
- 
440 
1,250 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,718 
- 
Trade creditors
- 
500 
Taxes and social security
24,615 
4,504 
Other creditors
3,677 
9,324 
34,010 
14,328 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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