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Company Registration No. 07787535 (England and Wales)
Fortuna Associates Limited Unaudited accounts for the year ended 25 March 2025
Fortuna Associates Limited Unaudited accounts Contents
Page
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Fortuna Associates Limited Company Information for the year ended 25 March 2025
Director
Christopher Conal Payne
Company Number
07787535 (England and Wales)
Registered Office
67 Haworth Road Manchester M18 7EN
Accountants
Taylor Evans Accountancy 83 Ducie Street Manchester M1 2JQ
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Fortuna Associates Limited Statement of financial position as at 25 March 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Debtors
- 
(210)
Cash at bank and in hand
3,439 
9,583 
3,439 
9,373 
Creditors: amounts falling due within one year
(3,311)
(5,310)
Net current assets
128 
4,063 
Net assets
128 
4,063 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
(72)
3,863 
Shareholders' funds
128 
4,063 
For the year ending 25 March 2025 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 16 May 2025 and were signed on its behalf by
Christopher Conal Payne Director Company Registration No. 07787535
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Fortuna Associates Limited Notes to the Accounts for the year ended 25 March 2025
1
Statutory information
Fortuna Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 07787535. The registered office is 67 Haworth Road, Manchester, M18 7EN.
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:
Plant & machinery
25% straight line basis
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 26 March 2024
2,304 
At 25 March 2025
2,304 
Depreciation
At 26 March 2024
2,304 
At 25 March 2025
2,304 
Net book value
At 25 March 2025
- 
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Fortuna Associates Limited Notes to the Accounts for the year ended 25 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
(210)
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
1,516 
4,035 
Other creditors
210 
- 
Loans from directors
1,585 
1,275 
3,311 
5,310 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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