Company registration number 14615474 (England and Wales)
FTSS UK LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
PAGES FOR FILING WITH REGISTRAR
FTSS UK LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
FTSS UK LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2026
31 January 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
51,463
62,884
Current assets
Stocks
3,225
2,069
Debtors
4
87,322
49,251
Cash at bank and in hand
67,576
49,063
158,123
100,383
Creditors: amounts falling due within one year
5
(51,772)
(45,560)
Net current assets
106,351
54,823
Total assets less current liabilities
157,814
117,707
Creditors: amounts falling due after more than one year
6
(28,957)
(40,850)
Provisions for liabilities
(2,058)
(1,311)
Net assets
126,799
75,546
Capital and reserves
Called up share capital
7
1
1
Profit and loss reserves
126,798
75,545
Total equity
126,799
75,546
FTSS UK LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 JANUARY 2026
31 January 2026
- 2 -

For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 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 19 August 2026
Mr C M Fisher
Director
Company registration number 14615474 (England and Wales)
FTSS UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
- 3 -
1
Accounting policies
Company information

FTSS UK Limited is a private company limited by shares incorporated in England and Wales. The registered office is Mentor House, Ainsworth Street, Blackburn, Lancashire, BB1 6AY.

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.

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

1.2
Going concern

The director is not aware of any material uncertainties affecting the company and considers that the company will have sufficient resources to continue trading for the foreseeable future. As a result, the director has continued to adopt the going concern basis in preparing the financial statements.true

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT.

1.4
Tangible fixed assets

Tangible fixed assets are measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Plant and equipment
15% reducing balance
Computer equipment
20% straight line
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

FTSS UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
1
Accounting policies
(Continued)
- 4 -
1.7
Taxation

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

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.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.8
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

2
Employees

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

2026
2025
Number
Number
Total
3
3
FTSS UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
- 5 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2025
86,879
Additions
4,689
At 31 January 2026
91,568
Depreciation and impairment
At 1 February 2025
23,995
Depreciation charged in the year
16,110
At 31 January 2026
40,105
Carrying amount
At 31 January 2026
51,463
At 31 January 2025
62,884

Included within tangible fixed assets are assets held under finance leases or hire purchase contracts, as follows:

2026
2025
£
£
Motor vehicles
43,230
57,641
43,230
57,641
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
32,485
21,694
Other debtors
54,837
27,557
87,322
49,251
FTSS UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
- 6 -
5
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
4,813
2,636
Other taxation and social security
31,096
26,079
Other creditors
15,863
16,845
51,772
45,560

Other creditors includes obligations under finance leases of £13,802 (2025 - £14,879).

6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Obligations under finance leases
28,957
40,850

Net obligations due under finance leases are secured on the asset s financed.

7
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary share of £1 each
1
1
1
1
8
Directors' transactions

During the year, the company operated a loan account with the director. At the balance sheet date, the company was owed an amount of £51,148 (2025 - £24,526) from Mr C M Fisher.

2026-01-31 2025-02-01 false false false 19 August 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr C M Fisher 14615474 2025-02-01 2026-01-31 14615474 2026-01-31 14615474 2025-01-31 14615474 core:OtherPropertyPlantEquipment 2026-01-31 14615474 core:OtherPropertyPlantEquipment 2025-01-31 14615474 core:CurrentFinancialInstruments core:WithinOneYear 2026-01-31 14615474 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 14615474 core:Non-currentFinancialInstruments core:AfterOneYear 2026-01-31 14615474 core:Non-currentFinancialInstruments core:AfterOneYear 2025-01-31 14615474 core:CurrentFinancialInstruments 2026-01-31 14615474 core:CurrentFinancialInstruments 2025-01-31 14615474 core:ShareCapital 2026-01-31 14615474 core:ShareCapital 2025-01-31 14615474 core:RetainedEarningsAccumulatedLosses 2026-01-31 14615474 core:RetainedEarningsAccumulatedLosses 2025-01-31 14615474 core:ShareCapitalOrdinaryShareClass1 2026-01-31 14615474 core:ShareCapitalOrdinaryShareClass1 2025-01-31 14615474 bus:Director1 2025-02-01 2026-01-31 14615474 core:PlantMachinery 2025-02-01 2026-01-31 14615474 core:ComputerEquipment 2025-02-01 2026-01-31 14615474 core:MotorVehicles 2025-02-01 2026-01-31 14615474 2024-02-01 2025-01-31 14615474 core:OtherPropertyPlantEquipment 2025-01-31 14615474 core:OtherPropertyPlantEquipment 2025-02-01 2026-01-31 14615474 bus:OrdinaryShareClass1 2025-02-01 2026-01-31 14615474 bus:OrdinaryShareClass1 2026-01-31 14615474 bus:OrdinaryShareClass1 2025-01-31 14615474 bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 14615474 bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 14615474 bus:FRS102 2025-02-01 2026-01-31 14615474 bus:AuditExemptWithAccountantsReport 2025-02-01 2026-01-31 14615474 bus:FullAccounts 2025-02-01 2026-01-31 xbrli:pure xbrli:shares iso4217:GBP