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REGISTERED NUMBER: 09711059 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

FULL SPECTRUM INNOVATION LTD

FULL SPECTRUM INNOVATION LTD (REGISTERED NUMBER: 09711059)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FULL SPECTRUM INNOVATION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: A J Booth
R G Walker





REGISTERED OFFICE: 71-75 Shelton Street
London
United Kingdom
WC2H 9JQ





REGISTERED NUMBER: 09711059 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

FULL SPECTRUM INNOVATION LTD (REGISTERED NUMBER: 09711059)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 171 825
Investments 6 6,105 6,105
6,276 6,930

CURRENT ASSETS
Debtors 7 48,620 20,266
Cash at bank 288,129 218,852
336,749 239,118
CREDITORS
Amounts falling due within one year 8 (60,477 ) (51,174 )
NET CURRENT ASSETS 276,272 187,944
TOTAL ASSETS LESS CURRENT LIABILITIES 282,548 194,874

CAPITAL AND RESERVES
Called up share capital 9 200 200
Share premium 8,300 8,300
Retained earnings 274,048 186,374
SHAREHOLDERS' FUNDS 282,548 194,874

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FULL SPECTRUM INNOVATION LTD (REGISTERED NUMBER: 09711059)

BALANCE SHEET - continued
31 JULY 2024


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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by:





A J Booth - Director


FULL SPECTRUM INNOVATION LTD (REGISTERED NUMBER: 09711059)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Full Spectrum Innovation 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Full Spectrum Innovation Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
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.

Turnover
Turnover represents receivable income from scientific consultancy services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment and computer equipment - 20% on cost

Investments in subsidiaries
Investment in subsidiary undertakings are recognised at cost less impairments.

Financial instruments
Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

FULL SPECTRUM INNOVATION LTD (REGISTERED NUMBER: 09711059)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 3,266
DEPRECIATION
At 1 August 2023 2,441
Charge for year 654
At 31 July 2024 3,095
NET BOOK VALUE
At 31 July 2024 171
At 31 July 2023 825

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2023
and 31 July 2024 6,105
NET BOOK VALUE
At 31 July 2024 6,105
At 31 July 2023 6,105

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 41,573 13,032
Amounts owed by group undertakings 5,508 5,508
Other debtors 1,539 1,726
48,620 20,266

FULL SPECTRUM INNOVATION LTD (REGISTERED NUMBER: 09711059)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 49,720 40,481
Other creditors 10,757 10,693
60,477 51,174

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
200 Ordinary £1 200 200

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date a balance of £9,307 (2023: £9,307) was owed to Dr A J Booth and disclosed within other creditors. This loan bears no interest and is repayable on demand.