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Company Registration No. 13981443 (England and Wales)
FB Contracts Limited Unaudited accounts for the year ended 31 March 2023
FB Contracts Limited Unaudited accounts Contents
Page
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FB Contracts Limited Company Information for the year ended 31 March 2023
Directors
Samuel Baker Mitchell Fountain
Company Number
13981443 (England and Wales)
Registered Office
79 CHESHIRE CRESCENT TANGMERE CHICHESTER PO20 2HT ENGLAND
Accountants
TILLEYS ACCOUNTANCY LIMITED Bizspace Unit 31 Courtwick Lane Littlehampton West Sussex BN17 7TL
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FB Contracts Limited Statement of financial position as at 31 March 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
5,405 
Current assets
Debtors
6,105 
Cash at bank and in hand
26,387 
32,492 
Creditors: amounts falling due within one year
(23,119)
Net current assets
9,373 
Net assets
14,778 
Capital and reserves
Called up share capital
100 
Profit and loss account
14,678 
Shareholders' funds
14,778 
For the year ending 31 March 2023 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 31 August 2023 and were signed on its behalf by
Samuel Baker Director Company Registration No. 13981443
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FB Contracts Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
FB Contracts Limited is a private company, limited by shares, registered in England and Wales, registration number 13981443. The registered office is 79 CHESHIRE CRESCENT, TANGMERE, CHICHESTER, PO20 2HT, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
25% Reducing Balance Depreciation
Motor vehicles
25% Reducing Balance Depreciation
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
- 
- 
- 
Additions
530 
5,950 
6,480 
At 31 March 2023
530 
5,950 
6,480 
Depreciation
Charge for the year
83 
992 
1,075 
At 31 March 2023
83 
992 
1,075 
Net book value
At 31 March 2023
447 
4,958 
5,405 
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
6,005 
Other debtors
100 
6,105 
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FB Contracts Limited Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
£ 
Bank loans and overdrafts
5,000 
VAT
3,819 
Trade creditors
420 
Taxes and social security
12,843 
Accruals
1,037 
23,119 
7
Average number of employees
During the year the average number of employees was 2.
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