Company Registration No. 11236096 (England and Wales)
Fisal Limited
Unaudited accounts
for the year ended 31 August 2024
Fisal Limited
Unaudited accounts
Contents
Fisal Limited
Company Information
for the year ended 31 August 2024
Company Number
11236096 (England and Wales)
Accountants
Blake Weltman & Co
Sovereign House
1 Albert Place
Finchley
London
N3 1QB
Fisal Limited
Statement of financial position
as at 31 August 2024
Investment property
274,352
274,352
Cash at bank and in hand
8,638
82,790
Creditors: amounts falling due within one year
(17)
(79,426)
Net current assets
8,721
3,464
Total assets less current liabilities
283,073
277,816
Creditors: amounts falling due after more than one year
(184,730)
(184,730)
Called up share capital
100
100
Capital contribution reserve
75,000
75,000
Profit and loss account
23,243
17,986
Shareholders' funds
98,343
93,086
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 April 2025 and were signed on its behalf by
Ian Freeman
Director
Company Registration No. 11236096
Fisal Limited
Notes to the Accounts
for the year ended 31 August 2024
Fisal Limited is a private company, limited by shares, registered in England and Wales, registration number 11236096.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover represents rental income received from private individuals during the trading period.
Fair value at 1 September 2023
274,352
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
3,000
2,500
Taxes and social security
1,218
1,128
Other creditors
75,000
75,000
Loans from directors
(79,201)
798
Fisal Limited
Notes to the Accounts
for the year ended 31 August 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
184,730
184,730
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).