COMPANY REGISTRATION NUMBER:
11312069
|
Fiori Business Support Ltd |
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Filleted Unaudited Financial Statements |
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Fiori Business Support Ltd |
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Statement of Financial Position |
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31 March 2025
Fixed assets
Current assets
|
Debtors |
6 |
3,342 |
|
– |
|
|
Cash at bank and in hand |
50 |
|
21,053 |
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|
------- |
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-------- |
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|
3,392 |
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21,053 |
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|
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|
|
|
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Creditors: amounts falling due within one year |
7 |
– |
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1,713 |
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|
------- |
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-------- |
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Net current assets |
|
3,392 |
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19,340 |
|
|
------- |
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-------- |
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Total assets less current liabilities |
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3,392 |
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19,439 |
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------- |
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-------- |
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Capital and reserves
|
Called up share capital |
|
50 |
|
50 |
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Profit and loss account |
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3,342 |
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19,389 |
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|
------- |
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-------- |
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Shareholders funds |
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3,392 |
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19,439 |
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------- |
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-------- |
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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 31 March 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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Fiori Business Support Ltd |
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Statement of Financial Position (continued) |
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31 March 2025
These financial statements were approved by the
board of directors
and authorised for issue on
28 August 2025
, and are signed on behalf of the board by:
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Miss T Fiorentino |
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Director |
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Company registration number:
11312069
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Fiori Business Support Ltd |
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Notes to the Financial Statements |
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Year ended 31 March 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 25 Mere View Avenue, Hornsea, England, HU18 1RR.
2.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
(a)
Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
(b)
Going concern
The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the director has considered the effect of these matters on the company with the information available to it and does not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the director has prepared these financial statements on a going concern basis.
(c)
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue is recognised on completion of the work undertaken.
(d)
Current and deferred tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
(e)
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.
(f)
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:
Equipment
-
33.33% straight line
(g)
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 assets of the company after deducting all of its liabilities.
(h)
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.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2024:
2
).
5.
Tangible assets
|
Equipment |
|
£ |
|
Cost |
|
|
At 1 April 2024 and 31 March 2025 |
210 |
|
---- |
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Depreciation |
|
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At 1 April 2024 |
111 |
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Charge for the year |
99 |
|
---- |
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At 31 March 2025 |
210 |
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---- |
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Carrying amount |
|
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At 31 March 2025 |
– |
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---- |
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At 31 March 2024 |
99 |
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---- |
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6.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Other debtors |
3,342 |
– |
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------- |
---- |
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7.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Trade creditors |
– |
654 |
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Corporation tax |
– |
1,059 |
|
---- |
------- |
|
– |
1,713 |
|
---- |
------- |
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8.
Related party transactions
The
director
and shareholder had loan accounts
with the company during the period. The balance due to the director at 31 March 2025 was £nil (2024 was £nil.)