FIRBOG ENTERPRISES LTD

Company Registration Number:
NI675369 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

FIRBOG ENTERPRISES LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Balance sheet
Notes

FIRBOG ENTERPRISES LTD

Balance sheet

As at 31 January 2023


Notes

2023

13 months to 31 January 2022


£

£
Fixed assets
Tangible assets: 3 1,229 1,389
Total fixed assets: 1,229 1,389
Current assets
Cash at bank and in hand: 435 587
Total current assets: 435 587
Creditors: amounts falling due within one year:   (7,220) (6,833)
Net current assets (liabilities): (6,785) (6,246)
Total assets less current liabilities: (5,556) (4,857)
Total net assets (liabilities): (5,556) (4,857)
Capital and reserves
Called up share capital: 10 10
Profit and loss account: (5,566) (4,867)
Shareholders funds: (5,556) (4,857)

The notes form part of these financial statements

FIRBOG ENTERPRISES LTD

Balance sheet statements

For the year ending 31 January 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 October 2023
and signed on behalf of the board by:

Name: Mrs K Dundee
Status: Director

The notes form part of these financial statements

FIRBOG ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goodssupplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards ofownership have transferred to the buyer (usually on despatch of the goods); the amount ofrevenue can be measured reliably; it is probable that the associated economic benefits will flowto the entity; and the costs incurred or to be incurred in respect of the transactions can bemeasured reliably.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less anyaccumulated depreciation and impairment losses. Any tangible assets carried at revaluedamounts are recorded at the fair value at the date of revaluation less any subsequentaccumulated depreciation and subsequent accumulated impairment losses.An increase in the carrying amount of an asset as a result of a revaluation, is recognised in othercomprehensive income and accumulated in equity, except to the extent it reverses a revaluationdecrease of the same asset previously recognised in profit or loss. A decrease in the carryingamount of an asset as a result of revaluation, is recognised in other comprehensive income tothe extent of any previously recognised revaluation increase accumulated in equity in respect ofthat asset. Where a revaluation decrease exceeds the accumulated revaluation gainsaccumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.DepreciationDepreciation is calculated so as to write off the cost or valuation of an asset, less its residualvalue, over the useful economic life of that asset as follows:Fixtures and fittings - 10% straight lineEquipment - 10% straight line

FIRBOG ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

2. Employees

2023 13 months to 31 January 2022
Average number of employees during the period 0 0

FIRBOG ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Tangible Assets

Total
Cost £
At 01 February 2022 1,594
At 31 January 2023 1,594
Depreciation
At 01 February 2022 205
Charge for year 160
At 31 January 2023 365
Net book value
At 31 January 2023 1,229
At 31 January 2022 1,389