REGISTERED NUMBER: 12636222 (England and Wales)

Foster London Group Ltd

Unaudited Financial Statements for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C L Turns

REGISTERED OFFICE:

Borough Yards

13 Dirty Lane

London

SE1 9PA

REGISTERED NUMBER:

12636222 (England and Wales)

ACCOUNTANTS:

Hughes Waddell

The White House

2 Meadrow

Godalming

Surrey

GU7 3HN

FIXED ASSETS

Tangible assets

4

15,306

17,932

CURRENT ASSETS

Debtors

5

98,166

82,462

Cash at bank

92,302

92,725

190,468

175,187

CREDITORS

Amounts falling due within one year

6

141,327

119,638

NET CURRENT ASSETS

49,141

55,549

TOTAL ASSETS LESS CURRENT LIABILITIES

64,447

73,481

PROVISIONS FOR LIABILITIES

1,525

2,035

NET ASSETS

62,922

71,446

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

62,822

71,346

SHAREHOLDERS' FUNDS

62,922

71,446

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 director and authorised for issue on 22 September 2025 and were signed by:

C L Turns - Director

1.	STATUTORY INFORMATION

Foster London Group 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

20% on reducing balance

Computer equipment

-

33% on 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Office

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 January 2024

15,612

16,603

32,215

Additions

1,666

2,875

4,541

At 31 December 2024

17,278

19,478

36,756

DEPRECIATION

At 1 January 2024

5,030

9,253

14,283

Charge for year

2,450

4,717

7,167

At 31 December 2024

7,480

13,970

21,450

NET BOOK VALUE

At 31 December 2024

9,798

5,508

15,306

At 31 December 2023

10,582

7,350

17,932

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

75,598

61,797

Other debtors

22,568

20,665

98,166

82,462

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

30,198

21,066

Taxation and social security

68,010

57,910

Other creditors

43,119

40,662

141,327

119,638

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

C L Turns

Balance outstanding at start of year

3,256

-

Amounts advanced

21,505

17,301

Amounts repaid

(24,813

)

(14,045

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(52

)

3,256