FTS FMCG LTD - Filleted accounts

Registered number

07453866

FTS FMCG LTD

Filleted Accounts

30 November 2025

FTS FMCG LTD
Registered number:		07453866
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,478			1,971
			1,478			1,971

Current assets
Stocks		48,000			48,000
Debtors	4	49,365			32,250
Cash at bank and in hand		581			2,603
		97,946			82,853

Creditors: amounts falling due within one year	5	(31,249)			(44,576)

Net current assets			66,697			38,277

Total assets less current liabilities			68,175			40,248

Creditors: amounts falling due after more than one year	6		(587,815)			(533,046)

Net liabilities			(519,640)			(492,798)

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			(520,640)			(493,798)

Shareholder's funds			(519,640)			(492,798)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




MR JIANHUI NIE
Director
Approved by the board on 27 August 2026

FTS FMCG LTD
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		2


3	Tangible fixed assets
		Land and buildings		Fixtures, fittings, tools and equipment		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 December 2024	11,905		4,099		-		16,004
	Additions	-		-		-		-
	Surplus on revaluation	-		-		-		-
	Disposals	-		-		-		-
	At 30 November 2025	11,905		4,099		-		16,004

	Depreciation
	At 1 December 2024	11,402		2,631		-		14,033
	Charge for the year	126		367		-		493
	Surplus on revaluation	-		-		-		-
	On disposals	-		-		-		-
	At 30 November 2025	11,528		2,998		-		14,526

	Net book value
	At 30 November 2025	377		1,101		-		1,478
	At 30 November 2024	503		1,468		-		1,971


4	Debtors					2025		2024
£							£

	Trade debtors					49,365		32,250
						49,365		32,250


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					30,888		37,592
	Taxation and social security costs					273		5,399
	Other creditors					88		1,585
						31,249		44,576


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					31,958		34,358
	Director's Loan Account					448,551		398,688
	Other creditors					107,306		100,000
						587,815		533,046


7	Controlling party

	The company is controlled by JIANHUI NIE(100%).