2022-02-012023-01-312023-01-31false09939542FO CHICHESTER LTD2023-10-04iso4217:GBPxbrli:pure099395422022-02-01099395422023-01-31099395422022-02-012023-01-31099395422021-02-01099395422022-01-31099395422021-02-012022-01-3109939542bus:SmallEntities2022-02-012023-01-3109939542bus:AuditExempt-NoAccountantsReport2022-02-012023-01-3109939542bus:FullAccounts2022-02-012023-01-3109939542bus:PrivateLimitedCompanyLtd2022-02-012023-01-3109939542core:WithinOneYear2023-01-3109939542core:AfterOneYear2023-01-3109939542core:WithinOneYear2022-01-3109939542core:AfterOneYear2022-01-3109939542core:ShareCapital2023-01-3109939542core:SharePremium2023-01-3109939542core:RevaluationReserve2023-01-3109939542core:OtherReservesSubtotal2023-01-3109939542core:RetainedEarningsAccumulatedLosses2023-01-3109939542core:ShareCapital2022-01-3109939542core:SharePremium2022-01-3109939542core:RevaluationReserve2022-01-3109939542core:OtherReservesSubtotal2022-01-3109939542core:RetainedEarningsAccumulatedLosses2022-01-3109939542core:LandBuildings2023-01-3109939542core:PlantMachinery2023-01-3109939542core:Vehicles2023-01-3109939542core:FurnitureFittings2023-01-3109939542core:OfficeEquipment2023-01-3109939542core:NetGoodwill2023-01-3109939542core:IntangibleAssetsOtherThanGoodwill2023-01-3109939542core:ListedExchangeTraded2023-01-3109939542core:UnlistedNon-exchangeTraded2023-01-3109939542core:LandBuildings2022-01-3109939542core:PlantMachinery2022-01-3109939542core:Vehicles2022-01-3109939542core:FurnitureFittings2022-01-3109939542core:OfficeEquipment2022-01-3109939542core:NetGoodwill2022-01-3109939542core:IntangibleAssetsOtherThanGoodwill2022-01-3109939542core:ListedExchangeTraded2022-01-3109939542core:UnlistedNon-exchangeTraded2022-01-3109939542core:LandBuildings2022-02-012023-01-3109939542core:PlantMachinery2022-02-012023-01-3109939542core:Vehicles2022-02-012023-01-3109939542core:FurnitureFittings2022-02-012023-01-3109939542core:OfficeEquipment2022-02-012023-01-3109939542core:NetGoodwill2022-02-012023-01-3109939542core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3109939542core:ListedExchangeTraded2022-02-012023-01-3109939542core:UnlistedNon-exchangeTraded2022-02-012023-01-3109939542core:MoreThanFiveYears2022-02-012023-01-3109939542core:Non-currentFinancialInstruments2023-01-3109939542core:Non-currentFinancialInstruments2022-01-3109939542dpl:CostSales2022-02-012023-01-3109939542dpl:DistributionCosts2022-02-012023-01-3109939542dpl:AdministrativeExpenses2022-02-012023-01-3109939542core:LandBuildings2022-02-012023-01-3109939542core:PlantMachinery2022-02-012023-01-3109939542core:Vehicles2022-02-012023-01-3109939542core:FurnitureFittings2022-02-012023-01-3109939542core:OfficeEquipment2022-02-012023-01-3109939542core:NetGoodwill2022-02-012023-01-3109939542core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3109939542dpl:GroupUndertakings2022-02-012023-01-3109939542dpl:ParticipatingInterests2022-02-012023-01-3109939542dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3109939542core:ListedExchangeTraded2022-02-012023-01-3109939542dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3109939542core:UnlistedNon-exchangeTraded2022-02-012023-01-3109939542dpl:CostSales2021-02-012022-01-3109939542dpl:DistributionCosts2021-02-012022-01-3109939542dpl:AdministrativeExpenses2021-02-012022-01-3109939542core:LandBuildings2021-02-012022-01-3109939542core:PlantMachinery2021-02-012022-01-3109939542core:Vehicles2021-02-012022-01-3109939542core:FurnitureFittings2021-02-012022-01-3109939542core:OfficeEquipment2021-02-012022-01-3109939542core:NetGoodwill2021-02-012022-01-3109939542core:IntangibleAssetsOtherThanGoodwill2021-02-012022-01-3109939542dpl:GroupUndertakings2021-02-012022-01-3109939542dpl:ParticipatingInterests2021-02-012022-01-3109939542dpl:GroupUndertakingscore:ListedExchangeTraded2021-02-012022-01-3109939542core:ListedExchangeTraded2021-02-012022-01-3109939542dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-02-012022-01-3109939542core:UnlistedNon-exchangeTraded2021-02-012022-01-3109939542core:NetGoodwill2023-01-3109939542core:IntangibleAssetsOtherThanGoodwill2023-01-3109939542core:LandBuildings2023-01-3109939542core:PlantMachinery2023-01-3109939542core:Vehicles2023-01-3109939542core:FurnitureFittings2023-01-3109939542core:OfficeEquipment2023-01-3109939542core:AfterOneYear2023-01-3109939542core:WithinOneYear2023-01-3109939542core:ListedExchangeTraded2023-01-3109939542core:UnlistedNon-exchangeTraded2023-01-3109939542core:ShareCapital2023-01-3109939542core:SharePremium2023-01-3109939542core:RevaluationReserve2023-01-3109939542core:OtherReservesSubtotal2023-01-3109939542core:RetainedEarningsAccumulatedLosses2023-01-3109939542core:NetGoodwill2022-01-3109939542core:IntangibleAssetsOtherThanGoodwill2022-01-3109939542core:LandBuildings2022-01-3109939542core:PlantMachinery2022-01-3109939542core:Vehicles2022-01-3109939542core:FurnitureFittings2022-01-3109939542core:OfficeEquipment2022-01-3109939542core:AfterOneYear2022-01-3109939542core:WithinOneYear2022-01-3109939542core:ListedExchange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FO CHICHESTER LTD

Registered Number
09939542
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2023

FO CHICHESTER LTD
Company Information
for the year from 1 February 2022 to 31 January 2023

Director

Mr R J Wootton

Registered Address

Mewsbrook House
59 East Street
Littlehampton
BN17 6AU

Place of Business

Atlas House

Glenmore Business Park

Portfield

Chichester

PO19 7UW


Registered Number

09939542 (England and Wales)
FO CHICHESTER LTD
Statement of Financial Position
31 January 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets6164,503221,851
164,503221,851
Current assets
Stocks74,5001,000
Debtors8777,878277,063
Cash at bank and on hand75,931137,536
858,309415,599
Creditors amounts falling due within one year9(918,957)(1,052,109)
Net current assets (liabilities)(60,648)(636,510)
Total assets less current liabilities103,855(414,659)
Creditors amounts falling due after one year10(951,030)(423,852)
Net assets(847,175)(838,511)
Capital and reserves
Called up share capital200200
Profit and loss account(847,375)(838,711)
Shareholders' funds(847,175)(838,511)
The financial statements were approved and authorised for issue by the Director on 4 October 2023, and are signed on its behalf by:
Mr R J Wootton
Director
Registered Company No. 09939542
FO CHICHESTER LTD
Notes to the Financial Statements
for the year ended 31 January 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity is the operation of a trampoline park.
4.Accounting policies
Turnover policy
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.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Land and buildings10
Plant and machinery3
Office Equipment3
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
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.
Investments policy
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
5.Employee information

20232022
Average number of employees during the year4041
6.Property, plant and equipment

Land & buildings

Plant & machinery

Office Equipment

Total

££££
Cost or valuation
At 01 February 22379,188662,35442,8201,084,362
Additions-2,0331,7503,783
At 31 January 23379,188664,38744,5701,088,145
Depreciation and impairment
At 01 February 22186,434636,95639,121862,511
Charge for year37,91919,8483,36461,131
At 31 January 23224,353656,80442,485923,642
Net book value
At 31 January 23154,8357,5832,085164,503
At 31 January 22192,75425,3983,699221,851
7.Stocks

2023

2022

££
Finished goods4,5001,000
Total4,5001,000
8.Debtors

2023

2022

££
Trade debtors / trade receivables59167
Other debtors728,951231,400
Prepayments and accrued income48,33645,596
Total777,878277,063
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.
9.Creditors within one year

2023

2022

££
Trade creditors / trade payables20,9939,868
Bank borrowings and overdrafts5,51415,667
Amounts owed to related parties826,817942,325
Taxation and social security43,84511,374
Other creditors18,77768,532
Accrued liabilities and deferred income3,0114,343
Total918,9571,052,109
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.
10.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts39,058164,333
Amounts owed to related parties911,972259,519
Total951,030423,852