Company Registration No. 07059474 (England and Wales)
Fitzgerald Building Services Limited
Unaudited accounts
for the year ended 30 November 2021
Fitzgerald Building Services Limited
Unaudited accounts
Contents
Fitzgerald Building Services Limited
Company Information
for the year ended 30 November 2021
Directors
Mr I N Fitzgerald
Mr C J Fitzgerald
Secretary
Mrs C A Fitzgerald
Company Number
07059474 (England and Wales)
Registered Office
94 KNIGHTWOOD CRESCENT
NEW MALDEN
SURREY
KT3 5JW
Accountants
Marble Hill Accountants Ltd
193 Richmond Road
Twickenham
Middlesex
TW1 2NJ
Fitzgerald Building Services Limited
Statement of financial position
as at 30 November 2021
Tangible assets
14,551
14,538
Cash at bank and in hand
75,001
151,047
Creditors: amounts falling due within one year
(205,047)
(138,004)
Net current assets
27,563
71,653
Called up share capital
2
2
Profit and loss account
42,112
86,189
Shareholders' funds
42,114
86,191
For the year ending 30 November 2021 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 directors acknowledge their 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 of Directors and authorised for issue on 1 August 2022 and were signed on its behalf by
Mr I N Fitzgerald
Director
Company Registration No. 07059474
Fitzgerald Building Services Limited
Notes to the Accounts
for the year ended 30 November 2021
Fitzgerald Building Services Limited is a private company, limited by shares, registered in England and Wales, registration number 07059474. The registered office is 94 KNIGHTWOOD CRESCENT, NEW MALDEN, SURREY, KT3 5JW.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% / 25% on cost per annum
Motor vehicles
25% on reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fitzgerald Building Services Limited
Notes to the Accounts
for the year ended 30 November 2021
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2020
15,343
27,400
42,743
At 30 November 2021
21,164
27,400
48,564
At 1 December 2020
11,872
16,333
28,205
Charge for the year
3,041
2,767
5,808
At 30 November 2021
14,913
19,100
34,013
At 30 November 2021
6,251
8,300
14,551
At 30 November 2020
3,471
11,067
14,538
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
155,680
53,886
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
964
-
Taxes and social security
75,337
46,239
Loans from directors
12,353
4,885
7
Average number of employees
During the year the average number of employees was 2 (2020: 2).