Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30falseOther letting and operating of own or leased real estate1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalse2023-05-011 12560441 2023-05-01 2024-04-30 12560441 2022-05-01 2023-04-30 12560441 2024-04-30 12560441 2023-04-30 12560441 c:Director1 2023-05-01 2024-04-30 12560441 d:CurrentFinancialInstruments 2024-04-30 12560441 d:CurrentFinancialInstruments 2023-04-30 12560441 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 12560441 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 12560441 d:ShareCapital 2024-04-30 12560441 d:ShareCapital 2023-04-30 12560441 d:RetainedEarningsAccumulatedLosses 2024-04-30 12560441 d:RetainedEarningsAccumulatedLosses 2023-04-30 12560441 c:FRS102 2023-05-01 2024-04-30 12560441 c:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 12560441 c:FullAccounts 2023-05-01 2024-04-30 12560441 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 12560441 2 2023-05-01 2024-04-30 12560441 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 12560441









FORTRESS HOUSING LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
FORTRESS HOUSING LTD
 
 
  
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF FORTRESS HOUSING LTD
FOR THE YEAR ENDED 30 APRIL 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fortress Housing Ltd for the year ended 30 April 2024 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountantswe are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal .com/uk/en/about-us /regulation/ethics /acca-rulebook.html.

This report is made solely to the director of Fortress Housing Ltd in accordance with the terms of our engagement letter dated 22 January 2025Our work has been undertaken solely to prepare for your approval the financial statements of Fortress Housing Ltd and state those matters that we have agreed to state to the director of Fortress Housing Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal .com/content/dam/ACCA_Global /Technical /fact/technical-factsheet -163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fortress Housing Ltd and its director for our work or for this report. 

It is your duty to ensure that Fortress Housing Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Fortress Housing Ltd. You consider that Fortress Housing Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Fortress Housing Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Fraser Russell Limited
 
77 Francis Road
Edgbaston
Birmingham
B16 8SP
27 January 2025
Page 1

 
FORTRESS HOUSING LTD
REGISTERED NUMBER: 12560441

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

  

Current assets
  

Cash at bank and in hand
 4 
7,608
25,556

  
7,608
25,556

Creditors: amounts falling due within one year
 5 
(104,954)
(70,273)

Net current liabilities
  
 
 
(97,346)
 
 
(44,717)

Total assets less current liabilities
  
(97,346)
(44,717)

  

Net liabilities
  
(97,346)
(44,717)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(97,446)
(44,817)

  
(97,346)
(44,717)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 January 2025.




Mohammad Harith Nazir
Director

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
FORTRESS HOUSING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Fortress Limited is a company limited by shares incorporated in England within the United Kingdom, having a registration number of 12560441. The address of the registered office is 77 Francis Road, Edgbaston, Birmingham, B16 8SP. The principal activity of the company in the year under review was that of other letting and operating of own or leased real estate, and other residential care activities not elsewhere classified.
The financial statements are presented in sterling which is functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements has been prepared on a going concern basis which assumes that the company will continue to receive support from creditors and the director as and when required.

Page 3

 
FORTRESS HOUSING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
FORTRESS HOUSING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
7,608
25,556

7,608
25,556



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
42,124
-

Other creditors
62,830
70,273

104,954
70,273



6.


Related party transactions

Mohammad Harith Nazir is the sole director and shareholder of the company. 
During the period, the director provided loans of £7,443 to the company. As at the balance sheet date, the company owed the director £62,829 (2023: £70,273), which is shown in Other Creditors due within one year.  
The above balance is payable on demand and therefore there are no significant differences between the value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet.


7.


Controlling party

During the period, the company was under the control of its sole shareholder and director Mohammad Harith Nazir.

 
Page 5