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Company Registration No. 10223436 (England and Wales)
Fundu Limited Unaudited accounts for the year ended 30 June 2025
Fundu Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Fundu Limited Company Information for the year ended 30 June 2025
Director
C R Golledge
Company Number
10223436 (England and Wales)
Registered Office
Fundu Ltd 31 Lovat Lane London London EC3R 8EB England
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Fundu Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Current assets
Debtors
4
55,690
10,415
Cash at bank and in hand
97
97
55,787
10,512
Creditors: amounts falling due within one year
5
(117,222)
(65,726)
Net current liabilities
(61,435)
(55,214)
Total assets less current liabilities
(61,435)
(55,214)
Creditors: amounts falling due after more than one year
6
(100,000)
(100,000)
Net liabilities
(161,435)
(155,214)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(161,535)
(155,314)
Shareholders' funds
(161,435)
(155,214)
For the year ending 30 June 2025 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 20 October 2025 and were signed on its behalf by
C R Golledge Director Company Registration No. 10223436
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Fundu Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Fundu Limited is a private company, limited by shares, registered in England and Wales, registration number 10223436. The registered office is Fundu Ltd, 31 Lovat Lane, London, London, EC3R 8EB, England.
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.
Going concern
The financial statements have been prepared on a going concern basis. The business is being carried out with a long term aim of profitability , and the director is confident that the company will be able to meet its liabilities as and when they fall due for the foreseeable future.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
1,230
704
Amounts falling due after more than one year
Trade debtors
54,380
9,631
Other debtors
80
80
54,460
9,711
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Fundu Limited Notes to the Accounts for the year ended 30 June 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
49,200
45,335
Trade creditors
9,994
3,833
Taxes and social security
11,337
-
Other creditors
35,271
16,558
Accruals
11,420
-
117,222
65,726
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
100,000
100,000
7
Average number of employees
During the year the average number of employees was 4 (2024: 3).
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