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FXECOSYSTEM HOLDINGS LIMITED
Notes to the financial statements
For the Period Ended 31 December 2024
FXecosystem Holdings Limited is a private company limited by share capital incorporated in England and Wales, registration number is 11310874. The registered office address is 3rd Floor, 12 Gough Square, London, England, EC4A 3DW.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
Investments in subsidiaries are measured at cost less accumulated impairment.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
The average monthly number of employees, including directors, during the year was 1 (2023: 1).
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