Company Registration No. 13914625 (England and Wales)
Fibe Limited
Unaudited accounts
for the year ended 31 December 2024
Fibe Limited
Unaudited accounts
Contents
Fibe Limited
Company Information
for the year ended 31 December 2024
Directors
Idan Gal Shohet
David Michael Prior Hope
Bianka Hazel Gonda
Premal Gadhia
Company Number
13914625 (England and Wales)
Fibe Limited
Statement of financial position
as at 31 December 2024
Tangible assets
43,298
4,160
Cash at bank and in hand
520,016
486,989
Creditors: amounts falling due within one year
(226,030)
(64,524)
Net current assets
307,230
425,225
Total assets less current liabilities
350,852
429,385
Creditors: amounts falling due after more than one year
(999,988)
(500,000)
Net liabilities
(649,136)
(70,615)
Called up share capital
50
5
Profit and loss account
(649,186)
(70,620)
Shareholders' funds
(649,136)
(70,615)
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 5 March 2025 and were signed on its behalf by
Idan Gal Shohet
Director
Company Registration No. 13914625
Fibe Limited
Notes to the Accounts
for the year ended 31 December 2024
Fibe Limited is a private company, limited by shares, registered in England and Wales, registration number 13914625.
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.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Fibe Limited
Notes to the Accounts
for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
5,291
-
5,291
Additions
73,594
1,524
75,118
At 31 December 2024
78,885
1,524
80,409
At 1 January 2024
1,131
-
1,131
Charge for the year
35,435
545
35,980
At 31 December 2024
36,566
545
37,111
At 31 December 2024
42,319
979
43,298
At 31 December 2023
4,160
-
4,160
Amounts falling due within one year
Accrued income and prepayments
644
640
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
195,765
12,797
Taxes and social security
9,129
5,006
Loans from directors
41,082
40,959
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
999,988
500,000
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).