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Company Registration No. 06725552 (England and Wales)
FTJ BUSINESS SOLUTIONS LTD Unaudited accounts for the year ended 31 October 2024
FTJ BUSINESS SOLUTIONS LTD Unaudited accounts Contents
Page
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FTJ BUSINESS SOLUTIONS LTD Company Information for the year ended 31 October 2024
Director
Francis Obilade
Company Number
06725552 (England and Wales)
Registered Office
West Suite, Second Floor 255-259 Commercial Road London E1 2BT
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FTJ BUSINESS SOLUTIONS LTD Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,041 
14,721 
Current assets
Debtors
- 
1,550 
Cash at bank and in hand
2,157 
3,207 
2,157 
4,757 
Net current assets
2,157 
4,757 
Total assets less current liabilities
13,198 
19,478 
Creditors: amounts falling due after more than one year
(17,401)
(24,986)
Net liabilities
(4,203)
(5,508)
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
(4,403)
(5,708)
Shareholders' funds
(4,203)
(5,508)
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 19 July 2025 and were signed on its behalf by
Francis Obilade Director Company Registration No. 06725552
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FTJ BUSINESS SOLUTIONS LTD Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
FTJ BUSINESS SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 06725552. The registered office is West Suite, Second Floor, 255-259 Commercial Road, London, E1 2BT.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2023
25,000 
2,500 
450 
27,950 
At 31 October 2024
25,000 
2,500 
450 
27,950 
Depreciation
At 1 November 2023
11,048 
2,068 
113 
13,229 
Charge for the year
3,488 
108 
84 
3,680 
At 31 October 2024
14,536 
2,176 
197 
16,909 
Net book value
At 31 October 2024
10,464 
324 
253 
11,041 
At 31 October 2023
13,952 
432 
337 
14,721 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,550 
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FTJ BUSINESS SOLUTIONS LTD Notes to the Accounts for the year ended 31 October 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,128 
4,664 
Other creditors
16,273 
20,322 
17,401 
24,986 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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