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COMPANY REGISTRATION NUMBER: 12100525
Michael O'Higgins FX Class Representative Limited
Company Limited by Guarantee
Filleted Unaudited Financial Statements
30 June 2024
Michael O'Higgins FX Class Representative Limited
Company Limited by Guarantee
Statement of Financial Position
30 June 2024
2024
2023
Note
£
£
Current assets
Debtors
6
40,120
64,128
Creditors: amounts falling due within one year
7
40,120
64,128
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 11 June 2025 , and are signed on behalf of the board by:
Mr M O'Higgins
Director
Company registration number: 12100525
Michael O'Higgins FX Class Representative Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 30 June 2024
1. General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 1 Chancery Lane, 3rd Floor, London, WC2A 1LF.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
3.I Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss.
3.II Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the asset of the company after deducting all of its liabilities.
4. Company limited by guarantee
The company is limited by guarantee, each members liability is limited to £1.
5. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
6. Debtors
2024
2023
£
£
Trade debtors
33,278
11,880
Other debtors
6,842
52,248
--------
--------
40,120
64,128
--------
--------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
33,975
Other creditors
6,145
64,128
--------
--------
40,120
64,128
--------
--------