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Company Registration No. 11489028 (England and Wales)
FBR Solutions Ltd Filleted accounts for the year ended 31 July 2024
FBR Solutions Ltd Filleted accounts Contents
Page
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FBR Solutions Ltd Company Information for the year ended 31 July 2024
Director
Frank Fordjour
Company Number
11489028 (England and Wales)
Registered Office
5 Joseph Conrad Drive Aldington Ashford TN25 7ET
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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FBR Solutions Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
42,792 
64,188 
Current assets
Debtors
1,000 
18,900 
Cash at bank and in hand
265,274 
226,398 
266,274 
245,298 
Creditors: amounts falling due within one year
(24,459)
(32,987)
Net current assets
241,815 
212,311 
Total assets less current liabilities
284,607 
276,499 
Creditors: amounts falling due after more than one year
(9,356)
(15,713)
Net assets
275,251 
260,786 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
275,151 
260,686 
Shareholders' funds
275,251 
260,786 
For the year ending 31 July 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 3 April 2025 and were signed on its behalf by
Frank Fordjour Director Company Registration No. 11489028
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FBR Solutions Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
FBR Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 11489028. The registered office is 5 Joseph Conrad Drive, Aldington, Ashford, TN25 7ET.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% straight line
Fixtures & fittings
25% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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FBR Solutions Ltd Notes to the Accounts for the year ended 31 July 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
106,980 
10,000 
116,980 
At 31 July 2024
106,980 
10,000 
116,980 
Depreciation
At 1 August 2023
42,792 
10,000 
52,792 
Charge for the year
21,396 
- 
21,396 
At 31 July 2024
64,188 
10,000 
74,188 
Net book value
At 31 July 2024
42,792 
- 
42,792 
At 31 July 2023
64,188 
- 
64,188 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
18,900 
Other debtors
1,000 
- 
1,000 
18,900 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,268 
6,426 
Taxes and social security
21,095 
25,465 
Accruals
1,096 
1,096 
24,459 
32,987 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,356 
15,713 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
90 Ordinary shares A of £1 each
90 
90 
5 Ordinary shares B of £1 each
5 
5 
5 Ordinary shares C of £1 each
5 
5 
100 
100 
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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