Company registration number 11938444 (England and Wales)
FORTIS INDUSTRIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025
CESSATION ACCOUNTS
FORTIS INDUSTRIES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
FORTIS INDUSTRIES LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2025
31 August 2025
- 1 -
31 August 2025
31 December 2024
Notes
£
£
£
£
Intangible assets
-
0
-
0
Current assets
Debtors
4
-
0
52,424
Cash at bank and in hand
420
8,616
420
61,040
Creditors: amounts falling due within one year
5
(8,261)
(93,222)
Net current liabilities
(7,841)
(32,182)
Creditors: amounts falling due after more than one year
6
-
0
(3,525)
Net liabilities
(7,841)
(35,707)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(7,941)
(35,807)
Total equity
(7,841)
(35,707)

For the financial period ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 30 March 2026
Mrs R Woolman
Director
Company registration number 11938444 (England and Wales)
FORTIS INDUSTRIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025
- 2 -
1
Accounting policies
Company information

Fortis Industries Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1st Floor Gallery Court, 28 Arcadia Avenue, London, N3 2FG.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Reporting period

These financial statements are presented for a period of shorter than one year.

1.3
Turnover

Turnover represents amounts received for services net of VAT.

1.4
Research and development expenditure

Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

FORTIS INDUSTRIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 3 -
Basic financial liabilities

Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

FORTIS INDUSTRIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST 2025
- 4 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2025
2024
Number
Number
Total
2
2
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
-
0
52,424
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
2,850
1,858
Trade creditors
-
0
89,803
Taxation and social security
-
0
(3,850)
Other creditors
5,411
5,411
8,261
93,222
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
-
0
3,525
2025-08-31 2025-01-01 false false false 30 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mrs R Woolman 11938444 2025-01-01 2025-08-31 11938444 2025-08-31 11938444 2024-12-31 11938444 core:CurrentFinancialInstruments 2025-08-31 11938444 core:CurrentFinancialInstruments 2024-12-31 11938444 core:Non-currentFinancialInstruments 2025-08-31 11938444 core:Non-currentFinancialInstruments 2024-12-31 11938444 core:ShareCapital 2025-08-31 11938444 core:ShareCapital 2024-12-31 11938444 core:RetainedEarningsAccumulatedLosses 2025-08-31 11938444 core:RetainedEarningsAccumulatedLosses 2024-12-31 11938444 bus:Director1 2025-01-01 2025-08-31 11938444 2024-01-01 2024-12-31 11938444 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-31 11938444 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 11938444 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-08-31 11938444 bus:FRS102 2025-01-01 2025-08-31 11938444 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-08-31 11938444 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-08-31 11938444 bus:FullAccounts 2025-01-01 2025-08-31 xbrli:pure xbrli:shares iso4217:GBP