Foster Solutions Associates Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07656754

Foster Solutions Associates Limited

Filleted Unaudited Financial Statements

For the year ended

30 June 2025

Foster Solutions Associates Limited

Statement of Financial Position

30 June 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		3,427		3,443

Current assets

Debtors	6	830	–
Cash at bank and in hand		12,478	21,745
		--------	--------
		13,308	21,745

Creditors: amounts falling due within one year	7	896		3,178
		--------		--------
Net current assets			12,412		18,567
			--------		--------
Total assets less current liabilities			15,839		22,010
			--------		--------
Net assets			15,839		22,010
			--------		--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	15,739	21,910
	--------	--------
Shareholders funds	15,839	22,010
	--------	--------

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 30 June 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Foster Solutions Associates Limited

Statement of Financial Position (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 18 December 2025 , and are signed on behalf of the board by:

Mr J Foster
Director

Company registration number: 07656754

Foster Solutions Associates Limited

Notes to the Financial Statements

Year ended 30 June 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 Carlisle Chambers, Carlisle Street, Goole, East Yorkshire, DN14 5DX.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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 directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

(c) Current & 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 pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

(d) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

(e) 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:

	Office Equipment	-	15% reducing balance

(f) 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

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Equipment	Total
	£	£
Cost
At 1 July 2024	7,500	7,500
Additions	1,533	1,533
Disposals	( 2,849)	( 2,849)
	-------	-------
At 30 June 2025	6,184	6,184
	-------	-------
Depreciation
At 1 July 2024	4,057	4,057
Charge for the year	746	746
Disposals	( 2,046)	( 2,046)
	-------	-------
At 30 June 2025	2,757	2,757
	-------	-------
Carrying amount
At 30 June 2025	3,427	3,427
	-------	-------
At 30 June 2024	3,443	3,443
	-------	-------

6. Debtors

	2025	2024
	£	£
Other debtors	830	–
	----	----

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	22	193
Accruals and deferred income	874	895
Director loan accounts	–	2,090
	----	-------
	896	3,178
	----	-------

8. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr J Foster	( 2,090)	4,726	( 1,806)	830
	-------	-------	-------	----

	2024
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr J Foster	( 528)	2,000	( 3,562)	( 2,090)
	----	-------	-------	-------