ACCOUNTS - Final Accounts

Cash and cash equivalents

Registered number: 09218349

FIG BUSINESS SOLUTIONS LTD.

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FIG BUSINESS SOLUTIONS LTD.

REGISTERED NUMBER: 09218349

BALANCE SHEET

AS AT 28 FEBRUARY 2025

	28 February	29 February
	2025	2024
Note	£	£


Current assets
Debtors: amounts falling due within one year	4	-		2,281
Cash at bank and in hand	5	10		10
		10		2,291
Creditors: amounts falling due within one year	6	(230)		(2,509)
Net current liabilities			(220)		(218)
Total assets less current liabilities			(220)		(218)

Net liabilities			(220)		(218)

Capital and reserves
Called up share capital	1,000	1,000
Profit and loss account	(1,220)	(1,218)
	(220)	(218)

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FIG BUSINESS SOLUTIONS LTD.

REGISTERED NUMBER: 09218349

BALANCE SHEET (CONTINUED)

AS AT 28 FEBRUARY 2025

For the year ended 28 February 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 October 2025.

................................................

Ashley Burton Bird

Director

The notes on pages 3 to 5 form part of these financial statements.

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FIG BUSINESS SOLUTIONS LTD.

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1.	General information

Fig Business Solutions Ltd is a private company, limited by share capital, incorporated in England. The company is dormant and did not trade during the year.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.4

Creditors

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.

2.5

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

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FIG BUSINESS SOLUTIONS LTD.

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Debtors

					28 February	29 February
					2025	2024
					£	£


Other debtors	-	2,281
	-	2,281

Cash at bank and in hand	10	10
	10	10

Other creditors	92	2,377
Accruals and deferred income	138	132
	230	2,509

	Financial assets
	Financial assets measured at fair value through profit or loss	10	10

Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.

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FIG BUSINESS SOLUTIONS LTD.

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

8.	Controlling party

The Company is controlled by the director, Mr A Bird, by virtue of his shareholding as described in the directors' report.

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