Registered number |
For the year ended |
Registered number: | |||||||
Balance Sheet | |||||||
as at |
|||||||
Notes | 2024 | 2023 | |||||
£ | £ | ||||||
Current assets | |||||||
Debtors | 4 | ||||||
Cash at bank and in hand | |||||||
Creditors: amounts falling due within one year | 5 | ( |
( |
||||
Net current assets | |||||||
Net assets | |||||||
Capital and reserves | |||||||
Called up share capital | |||||||
Profit and loss account | ( |
( |
|||||
Shareholder's funds | |||||||
David Segura | |||||||
Director | |||||||
Approved by the board on |
|||||||
Notes to the Accounts | ||||||||
for the year ended |
||||||||
1 | Accounting policies | |||||||
Basis of preparation | ||||||||
Going concern | ||||||||
The company is reliant on its group companies for funds to support its working capital. These parties have pledged continued support for the company for at least 12 months from the date of the approval of these financial statements and in particular will not seek repayment of the amounts currently made available. This should enable the company to continue in operational existence for the foreseeable future by meeting its liabilities as they fall due for payments. As with any company placing reliance on other related parties for financial support, that there are no certainty that this support will continue although at the date of approval of these financial statements, there is no reason to believe that they will not do so. On this basis, the director believes that it remains appropriate to prepare the financial statements on a going concern basis. |
||||||||
Turnover | ||||||||
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods). |
||||||||
Debtors | ||||||||
Creditors | ||||||||
Taxation | ||||||||
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. | ||||||||
Provisions | ||||||||
Foreign currency translation | ||||||||
Pensions | ||||||||
2 | Audit information | |||||||
Senior statutory auditor: | ||||||||
Firm: | ||||||||
Date of audit report: | ||||||||
3 | Employees | 2024 | 2023 | |||||
Number | Number | |||||||
Average number of persons employed by the company | ||||||||
4 | Debtors | 2024 | 2023 | |||||
£ | £ | |||||||
Trade debtors | ||||||||
Amounts owed by group undertakings | ||||||||
5 | Creditors: amounts falling due within one year | 2024 | 2023 | |||||
£ | £ | |||||||
Trade creditors | ||||||||
Taxation and social security costs | ||||||||
Amounts owed to group undertakings | ||||||||
Other creditors | ||||||||
6 | Related party transactions | |||||||
During the year, the company made sales amounting to £73,915 (2023: £27,996) to Jacques's Furygan S.A.S. At the year end the company was owed £45,133 (2023: £27,996) by Jacques's Furygan S.A.S. During the year, the company borrowed a loan amounting to £170,783 (2023: £nil) from FDS Invest S.A.S., its parent company. At the year end the company owed £261,316 (2023: £90,534) to FDS Invest S.A.S. |
||||||||
7 | Controlling party | |||||||
8 | Other information | |||||||
Furygan UK Limited is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
Memery Crystal | ||||||||
165 Fleet Street | ||||||||
London | ||||||||
EC4A 2DY |