6 false false false false false false false false false false true false false false false false false No description of principal activity 2024-06-01 Sage Accounts Production Advanced 2023 - FRS102_2023 3,000 600 600 1,200 1,800 2,400 xbrli:pure xbrli:shares iso4217:GBP 13711964 2024-06-01 2025-05-31 13711964 2025-05-31 13711964 2024-05-31 13711964 2023-06-01 2024-05-31 13711964 2024-05-31 13711964 2023-05-31 13711964 core:FurnitureFittings 2024-06-01 2025-05-31 13711964 bus:Director1 2024-06-01 2025-05-31 13711964 core:FurnitureFittings 2024-05-31 13711964 core:FurnitureFittings 2025-05-31 13711964 core:WithinOneYear 2025-05-31 13711964 core:WithinOneYear 2024-05-31 13711964 core:AfterOneYear 2025-05-31 13711964 core:AfterOneYear 2024-05-31 13711964 core:ShareCapital 2025-05-31 13711964 core:ShareCapital 2024-05-31 13711964 core:RetainedEarningsAccumulatedLosses 2025-05-31 13711964 core:RetainedEarningsAccumulatedLosses 2024-05-31 13711964 core:FurnitureFittings 2024-05-31 13711964 bus:SmallEntities 2024-06-01 2025-05-31 13711964 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 13711964 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 13711964 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 13711964 bus:FullAccounts 2024-06-01 2025-05-31
COMPANY REGISTRATION NUMBER: 13711964
Fort Advice Bureau Limited
Filleted Unaudited Financial Statements
For the Year Ended
31 May 2025
Fort Advice Bureau Limited
Statement of Financial Position
31 May 2025
2025
2024
Note
£
£
£
Fixed Assets
Tangible assets
5
1,800
2,400
Current Assets
Debtors
6
37,470
41,334
Cash at bank and in hand
98,722
125,964
---------
---------
136,192
167,298
Creditors: amounts falling due within one year
7
103,090
88,188
---------
---------
Net Current Assets
33,102
79,110
--------
--------
Total Assets Less Current Liabilities
34,902
81,510
Creditors: amounts falling due after more than one year
8
90,000
100,000
--------
---------
Net Liabilities
( 55,098)
( 18,490)
--------
---------
Capital and Reserves
Called up share capital
1
1
Profit and loss account
( 55,099)
( 18,491)
--------
--------
Shareholders Deficit
( 55,098)
( 18,490)
--------
--------
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 31st May 2025 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 .
Fort Advice Bureau Limited
Statement of Financial Position (continued)
31 May 2025
These financial statements were approved by the board of directors and authorised for issue on 16 July 2025 , and are signed on behalf of the board by:
Mr R.A. Lane
Director
Company registration number: 13711964
Fort Advice Bureau Limited
Notes to the Financial Statements
Year Ended 31st May 2025
1. General Information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Middleborough House, 16 Middleborough, Colchester, Essex, CO1 1QT, England.
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
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 and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue Recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Tangible Assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
20% straight line
Impairment of Fixed Assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Defined Contribution Plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee Numbers
The average number of persons employed by the company during the year amounted to 6 (2024: 6 ).
5. Tangible Assets
Fixtures and fittings
£
Cost
At 1st June 2024 and 31st May 2025
3,000
-------
Depreciation
At 1st June 2024
600
Charge for the year
600
-------
At 31st May 2025
1,200
-------
Carrying amount
At 31st May 2025
1,800
-------
At 31st May 2024
2,400
-------
6. Debtors
2025
2024
£
£
Trade debtors
37,470
39,334
Other debtors
2,000
--------
--------
37,470
41,334
--------
--------
7. Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
100,375
85,613
Social security and other taxes
616
476
Other creditors
2,099
2,099
---------
--------
103,090
88,188
---------
--------
8. Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
90,000
100,000
--------
---------