Acorah Software Products - Accounts Production 16.1.300 true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 12644247 Mr. Jonathan Flax Mr David Flax iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12644247 2023-06-30 12644247 2024-06-30 12644247 2023-07-01 2024-06-30 12644247 frs-core:CurrentFinancialInstruments 2024-06-30 12644247 frs-core:ShareCapital 2024-06-30 12644247 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12644247 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12644247 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 12644247 frs-bus:SmallEntities 2023-07-01 2024-06-30 12644247 frs-bus:EntityNoLongerTradingButTradedInPast 2023-07-01 2024-06-30 12644247 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12644247 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12644247 frs-bus:Director1 2023-07-01 2024-06-30 12644247 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 12644247 frs-countries:EnglandWales 2023-07-01 2024-06-30 12644247 2022-06-30 12644247 2023-06-30 12644247 2022-07-01 2023-06-30 12644247 frs-core:CurrentFinancialInstruments 2023-06-30 12644247 frs-core:ShareCapital 2023-06-30 12644247 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 12644247
Fx Holdings Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Bennett Verby Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 12644247
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 60,000 60,000
Cash at bank and in hand 1,858 1,858
61,858 61,858
Creditors: Amounts Falling Due Within One Year 5 (13,322 ) (13,322 )
NET CURRENT ASSETS (LIABILITIES) 48,536 48,536
TOTAL ASSETS LESS CURRENT LIABILITIES 48,536 48,536
NET ASSETS 48,536 48,536
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 48,535 48,535
SHAREHOLDERS' FUNDS 48,536 48,536
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr. Jonathan Flax
Director
27 March 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Fx Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12644247 . The registered office is 7 St. Petersgate, Stockport, Cheshire, SK1 1EB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 60,000 60,000
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 9,984 9,984
Taxation and social security 3,338 3,338
13,322 13,322
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 2