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REGISTERED NUMBER: 06659512 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

FULTON FRANCIS GROUP LIMITED

FULTON FRANCIS GROUP LIMITED (REGISTERED NUMBER: 06659512)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FULTON FRANCIS GROUP LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2024







DIRECTORS: B J Francis
B Fulton





REGISTERED OFFICE: 10 John Street
London
WC1N 2EB





REGISTERED NUMBER: 06659512 (England and Wales)





ACCOUNTANTS: Oury Clark Chartered Accountants
Herschel House
58 Herschel Street
Slough
Berkshire
SL1 1PG

FULTON FRANCIS GROUP LIMITED (REGISTERED NUMBER: 06659512)

BALANCE SHEET
30 June 2024

30.6.24 30.6.23
Notes £    £   
CURRENT ASSETS
Debtors 4 104,380 284,426
Cash at bank 25,443 170,132
129,823 454,558
CREDITORS
Amounts falling due within one year 5 186,593 526,139
NET CURRENT LIABILITIES (56,770 ) (71,581 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(56,770

)

(71,581

)

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings (56,771 ) (71,582 )
SHAREHOLDERS' FUNDS (56,770 ) (71,581 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 Income Statement has not been delivered.

FULTON FRANCIS GROUP LIMITED (REGISTERED NUMBER: 06659512)

BALANCE SHEET - continued
30 June 2024



The financial statements were approved by the Board of Directors and authorised for issue on 4 February 2025 and were signed on its behalf by:





B Fulton - Director


FULTON FRANCIS GROUP LIMITED (REGISTERED NUMBER: 06659512)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Fulton Francis Group Limited 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.

2. ACCOUNTING POLICIES

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

After making enquiries, the directors have a reasonable expectation that the company has adequate resources and continued support from the parent company, Fulton Francis Consulting Pty Limited, to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of twelve months and one day from the date these financial statements were approved. Accordingly they continue to adopt the going concern basis in preparing the 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Financial instruments
Basic financial instruments, as covered by Section 11 of FRS 102, are measured at amortised cost. The company does not have any other financial instruments, as covered by Section 12 of FRS 102.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
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.

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.

FULTON FRANCIS GROUP LIMITED (REGISTERED NUMBER: 06659512)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 104,380 283,149
Other debtors - 1,277
104,380 284,426

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 95,280 148,932
Amounts owed to group undertakings 86,586 373,707
Taxation and social security 1,227 -
Other creditors & accruals 3,500 3,500
186,593 526,139

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
1 Ordinary £1 1 1

7. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.