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REGISTERED NUMBER: 15113774 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

4 SEPTEMBER 2023 TO 30 SEPTEMBER 2024

FOR

FIBREVERSE LTD

FIBREVERSE LTD (REGISTERED NUMBER: 15113774)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 4 SEPTEMBER 2023 TO 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

FIBREVERSE LTD

COMPANY INFORMATION
FOR THE PERIOD 4 SEPTEMBER 2023 TO 30 SEPTEMBER 2024







DIRECTORS: S Paine
D Tsoulouhopoulos





REGISTERED OFFICE: 28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ





REGISTERED NUMBER: 15113774 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ

FIBREVERSE LTD (REGISTERED NUMBER: 15113774)

BALANCE SHEET
30 SEPTEMBER 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 26,632

CURRENT ASSETS
Debtors 5 81,053
Cash at bank 40,245
121,298
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

78,574
NET CURRENT ASSETS 42,724
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,356

PROVISIONS FOR LIABILITIES 7 6,658
NET ASSETS 62,698

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 62,598
62,698

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 April 2025 and were signed on its behalf by:




S Paine - Director



D Tsoulouhopoulos - Director


FIBREVERSE LTD (REGISTERED NUMBER: 15113774)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 4 SEPTEMBER 2023 TO 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Fibreverse 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.

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.

The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

FIBREVERSE LTD (REGISTERED NUMBER: 15113774)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 4 SEPTEMBER 2023 TO 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
Additions 31,332
At 30 September 2024 31,332
DEPRECIATION
Charge for period 4,700
At 30 September 2024 4,700
NET BOOK VALUE
At 30 September 2024 26,632

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 34,412
Other debtors 39,737
VAT 4,796
Prepayments 2,108
81,053

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 726
Tax 18,541
Directors' current accounts 56,775
Accrued expenses 2,532
78,574

7. PROVISIONS FOR LIABILITIES
£   
Deferred tax
Accelerated capital allowances 6,658

Deferred
tax
£   
Provided during period 6,658
Balance at 30 September 2024 6,658

8. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the directors:

Mr S Paine- £16,709
Mr D Tsoulouhopoulos- £40,065

This loan is interest free and has no terms attached.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
FIBREVERSE LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fibreverse Ltd for the period ended 30 September 2024 which comprise the Statement of Income and Retained Earnings, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Fibreverse Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Fibreverse Ltd and state those matters that we have agreed to state to the Board of Directors of Fibreverse Ltd, as a body, in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fibreverse Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Fibreverse 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 profit of Fibreverse Ltd. You consider that Fibreverse Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Fibreverse 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.






Ashdown Hurrey
Chartered Accountants & Business Advisers
28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ


Date: .............................................