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REGISTERED NUMBER: 13834416 (England and Wales)


























FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

FIA TECHNOLOGY SERVICES, LTD

FIA TECHNOLOGY SERVICES, LTD (REGISTERED NUMBER: 13834416)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FIA TECHNOLOGY SERVICES, LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTORS: Mr A A Balleh
Mr N J Solinger





REGISTERED OFFICE: Suite 2 First Floor
10 Temple Back
Bristol
BS1 6FL





REGISTERED NUMBER: 13834416 (England and Wales)





AUDITORS: Langdowns DFK Limited
Statutory Auditor
Fleming Court
Leigh Road
Eastleigh
Southampton
Hampshire
SO50 9PD

FIA TECHNOLOGY SERVICES, LTD (REGISTERED NUMBER: 13834416)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 11,504 14,969

CURRENT ASSETS
Debtors 6 821,487 489,537
Cash at bank 1,232,128 1,066,507
2,053,615 1,556,044
CREDITORS
Amounts falling due within one year 7 871,799 561,239
NET CURRENT ASSETS 1,181,816 994,805
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,193,320

1,009,774

CREDITORS
Amounts falling due after more than one year 8 - (6,322 )

PROVISIONS FOR LIABILITIES 9 - (1,323 )
NET ASSETS 1,193,320 1,002,129

CAPITAL AND RESERVES
Called up share capital 10 1 1
Capital contribution reserve 795,816 787,867
Retained earnings 397,503 214,261
SHAREHOLDERS' FUNDS 1,193,320 1,002,129

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 Board of Directors and authorised for issue on 27th June 2025 and were signed on its behalf by:





Mr A A Balleh - Director


FIA TECHNOLOGY SERVICES, LTD (REGISTERED NUMBER: 13834416)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024


1. STATUTORY INFORMATION

FIA Technology Services, Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

The revenue shown in the statement of comprehensive income is in respect of all recharged expenses during the year. Revenue is recognised as the costs are generated, with any uninvoiced turnover being accrued at the year end.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - Straight line over 3 years

All fixed assets are initially recorded at cost.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

FIA TECHNOLOGY SERVICES, LTD (REGISTERED NUMBER: 13834416)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


3. ACCOUNTING POLICIES - continued

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 11 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st January 2024 - 25,544 25,544
Additions 1,374 5,247 6,621
At 31st December 2024 1,374 30,791 32,165
DEPRECIATION
At 1st January 2024 - 10,575 10,575
Charge for year 420 9,666 10,086
At 31st December 2024 420 20,241 20,661
NET BOOK VALUE
At 31st December 2024 954 10,550 11,504
At 31st December 2023 - 14,969 14,969

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 704,951 437,002
Other debtors 116,536 52,535
821,487 489,537

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 250,450 89,786
Other creditors 621,349 471,453
871,799 561,239

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors - 6,322

9. PROVISIONS FOR LIABILITIES
2023
£   
Deferred tax 1,323

FIA TECHNOLOGY SERVICES, LTD (REGISTERED NUMBER: 13834416)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st January 2024 1,323
Credit to Income Statement during year (1,879 )
Balance at 31st December 2024 (556 )

Deferred tax assets are included within other debtors.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary $1 1 1

11. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Neil Raynsford (Senior Statutory Auditor)
for and on behalf of Langdowns DFK Limited

12. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with group companies where any subsidiary that is a party to the transaction is wholly owned within the group or where transactions have been undertaken under normal market conditions.

13. CAPITAL CONTRIBUTIONS

During the year there were capital contributions totalling £7,949.

14. PARENT / SUBSIDIARY RELATIONSHIPS

FIA Technology Services LLC, incorporated in the United States of America, is the parent company of FIA Technology Services Ltd with its registered office located at 2001 K Street, NW, Suite 730, North Tower, Washington, 20006, District of Columbia, United States.

Future Forward Holdings LLC, incorporated in the United States of America and registered at 2001 K Street, NW, Suite 730, North Tower, Washington, 20006, District of Columbia, United States, is regarded by the directors as being the company's ultimate parent company. The results of FIA Technology Services Ltd are consolidated into group accounts of Future Forward Holdings LLC.