IRIS Accounts Production v25.1.0.734 SC646214 director 1.9.23 31.8.24 31.8.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC6462142023-08-31SC6462142024-08-31SC6462142023-09-012024-08-31SC6462142022-08-31SC6462142022-09-012023-08-31SC6462142023-08-31SC646214ns15:Scotland2023-09-012024-08-31SC646214ns14:PoundSterling2023-09-012024-08-31SC646214ns10:Director12023-09-012024-08-31SC646214ns10:PrivateLimitedCompanyLtd2023-09-012024-08-31SC646214ns10:SmallEntities2023-09-012024-08-31SC646214ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-31SC646214ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-31SC646214ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-31SC646214ns10:FullAccounts2023-09-012024-08-31SC646214ns10:RegisteredOffice2023-09-012024-08-31SC646214ns5:CurrentFinancialInstruments2024-08-31SC646214ns5:CurrentFinancialInstruments2023-08-31SC646214ns5:ShareCapital2024-08-31SC646214ns5:ShareCapital2023-08-31SC646214ns5:RetainedEarningsAccumulatedLosses2024-08-31SC646214ns5:RetainedEarningsAccumulatedLosses2023-08-31SC646214ns5:CostValuation2023-08-31
REGISTERED NUMBER: SC646214 (Scotland)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Foz Holdings Ltd

Foz Holdings Ltd (Registered number: SC646214)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Foz Holdings Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: D Forster





REGISTERED OFFICE: Old Road Garage
Kennet Village
Alloa
FK10 4DP





REGISTERED NUMBER: SC646214 (Scotland)





ACCOUNTANTS: Advantage Accounting (Scotland) Ltd
Pavilion 2
Finnieston Business Park
Minerva Way
Glasgow
G3 8AU

Foz Holdings Ltd (Registered number: SC646214)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Investments 3 127,880 127,880
Investment property 4 104,840 104,840
232,720 232,720

CURRENT ASSETS
Debtors 5 214,950 134,950
Cash at bank 243,249 197,526
458,199 332,476
CREDITORS
Amounts falling due within one year 6 65,072 61,971
NET CURRENT ASSETS 393,127 270,505
TOTAL ASSETS LESS CURRENT
LIABILITIES

625,847

503,225

CAPITAL AND RESERVES
Called up share capital 55,101 55,101
Retained earnings 570,746 448,124
625,847 503,225

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Foz Holdings Ltd (Registered number: SC646214)

Balance Sheet - continued
31 August 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 March 2025 and were signed by:





D Forster - Director


Foz Holdings Ltd (Registered number: SC646214)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. 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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

3. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 September 2023
and 31 August 2024 127,880
NET BOOK VALUE
At 31 August 2024 127,880
At 31 August 2023 127,880

Foz Holdings Ltd (Registered number: SC646214)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023
and 31 August 2024 104,840
NET BOOK VALUE
At 31 August 2024 104,840
At 31 August 2023 104,840

The 2024 valuations were made by the director, on an open market value for existing use basis.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Amounts owed by group undertakings 214,950 134,950

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Amounts owed to associates 64,694 57,966
Other creditors 378 4,005
65,072 61,971

7. RELATED PARTY DISCLOSURES

Amounts due to and from group undertakings are unsecured and interest free.