IRIS Accounts Production v23.2.0.158 05103486 Board of Directors 1.5.22 30.4.23 30.4.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh051034862022-04-30051034862023-04-30051034862022-05-012023-04-30051034862021-04-30051034862021-05-012022-04-30051034862022-04-3005103486ns10:Originalns15:EnglandWales2022-05-012023-04-3005103486ns14:PoundSterlingns10:Original2022-05-012023-04-3005103486ns10:Originalns10:Director12022-05-012023-04-3005103486ns10:Original2022-05-012023-04-3005103486ns10:Original2023-04-3005103486ns10:Originalns10:PrivateLimitedCompanyLtd2022-05-012023-04-3005103486ns10:Originalns10:SmallEntities2022-05-012023-04-3005103486ns10:Originalns10:AuditExempt-NoAccountantsReport2022-05-012023-04-3005103486ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3005103486ns10:SmallCompaniesRegimeForAccountsns10:Original2022-05-012023-04-3005103486ns10:Originalns10:FullAccounts2022-05-012023-04-3005103486ns10:Original12022-05-012023-04-3005103486ns10:Originalns10:Director22022-05-012023-04-3005103486ns10:Originalns10:Director32022-05-012023-04-3005103486ns10:CompanySecretary1ns10:Original2022-05-012023-04-3005103486ns10:Originalns10:RegisteredOffice2022-05-012023-04-3005103486ns10:Original2022-04-3005103486ns10:Originalns5:CurrentFinancialInstruments2023-04-3005103486ns10:Originalns5:CurrentFinancialInstruments2022-04-3005103486ns10:Originalns5:Non-currentFinancialInstruments2023-04-3005103486ns10:Originalns5:Non-currentFinancialInstruments2022-04-3005103486ns5:ShareCapitalns10:Original2023-04-3005103486ns5:ShareCapitalns10:Original2022-04-3005103486ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-04-3005103486ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-3005103486ns10:Originalns5:NetGoodwill2022-05-012023-04-3005103486ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-05-012023-04-3005103486ns10:Originalns5:FurnitureFittings2022-05-012023-04-3005103486ns10:Originalns5:MotorVehicles2022-05-012023-04-3005103486ns10:Originalns5:ComputerEquipment2022-05-012023-04-3005103486ns10:Original2021-05-012022-04-3005103486ns10:Originalns5:NetGoodwill2022-04-3005103486ns10:Originalns5:NetGoodwill2023-04-3005103486ns10:Originalns5:NetGoodwill2022-04-3005103486ns10:Originalns5:FurnitureFittings2022-04-3005103486ns10:Originalns5:MotorVehicles2022-04-3005103486ns10:Originalns5:ComputerEquipment2022-04-3005103486ns10:Original2022-04-3005103486ns10:Originalns5:FurnitureFittings2023-04-3005103486ns10:Originalns5:MotorVehicles2023-04-3005103486ns10:Originalns5:ComputerEquipment2023-04-3005103486ns10:Originalns5:FurnitureFittings2022-04-3005103486ns10:Originalns5:MotorVehicles2022-04-3005103486ns10:Originalns5:ComputerEquipment2022-04-3005103486ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-05-012023-04-3005103486ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-04-3005103486ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3005103486ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-04-30
REGISTERED NUMBER: 05103486 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2023

FOR

FIDGENS LIMITED

FIDGENS LIMITED (REGISTERED NUMBER: 05103486)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FIDGENS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2023







DIRECTORS: Mr J D Berridge
Mr S C Berridge
Mrs R L Berridge





SECRETARY: Mrs L A Berridge





REGISTERED OFFICE: 139-141 Watling Street
Gillingham
Kent
ME7 2YY





REGISTERED NUMBER: 05103486 (England and Wales)





ACCOUNTANTS: Stephen Hill Partnership Limited
139-141 Watling Street
Gillingham
Kent
ME7 2YY

FIDGENS LIMITED (REGISTERED NUMBER: 05103486)

BALANCE SHEET
30TH APRIL 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 36,454 11,270
36,454 11,270

CURRENT ASSETS
Debtors 6 320,133 390,199
Cash at bank and in hand 46,885 42,213
367,018 432,412
CREDITORS
Amounts falling due within one year 7 149,508 153,376
NET CURRENT ASSETS 217,510 279,036
TOTAL ASSETS LESS CURRENT
LIABILITIES

253,964

290,306

CREDITORS
Amounts falling due after more than one
year

8

59,916

30,833
NET ASSETS 194,048 259,473

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 194,045 259,470
SHAREHOLDERS' FUNDS 194,048 259,473

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FIDGENS LIMITED (REGISTERED NUMBER: 05103486)

BALANCE SHEET - continued
30TH APRIL 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th November 2023 and were signed on its behalf by:





Mr S C Berridge - Director


FIDGENS LIMITED (REGISTERED NUMBER: 05103486)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2023

1. STATUTORY INFORMATION

Fidgens Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Office furniture - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The assets' residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying value amount and are recognised in the Income Statement.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

FIDGENS LIMITED (REGISTERED NUMBER: 05103486)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions.

Creditors
Short term creditors are measured at the transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st May 2022
and 30th April 2023 1,000,000
AMORTISATION
At 1st May 2022
and 30th April 2023 1,000,000
NET BOOK VALUE
At 30th April 2023 -
At 30th April 2022 -

FIDGENS LIMITED (REGISTERED NUMBER: 05103486)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2023

5. TANGIBLE FIXED ASSETS
Office Motor Computer
furniture vehicles equipment Totals
£    £    £    £   
COST
At 1st May 2022 398 44,534 12,476 57,408
Additions - 46,000 2,606 48,606
Disposals - (38,540 ) - (38,540 )
At 30th April 2023 398 51,994 15,082 67,474
DEPRECIATION
At 1st May 2022 398 34,899 10,841 46,138
Charge for year - 11,500 2,287 13,787
Eliminated on disposal - (28,905 ) - (28,905 )
At 30th April 2023 398 17,494 13,128 31,020
NET BOOK VALUE
At 30th April 2023 - 34,500 1,954 36,454
At 30th April 2022 - 9,635 1,635 11,270

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 46,000
At 30th April 2023 46,000
DEPRECIATION
Charge for year 11,500
At 30th April 2023 11,500
NET BOOK VALUE
At 30th April 2023 34,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 19,024 80,185
Other debtors 301,109 310,014
320,133 390,199

FIDGENS LIMITED (REGISTERED NUMBER: 05103486)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 3,051 23,300
Taxation and social security 122,070 110,593
Other creditors 14,387 9,483
149,508 153,376

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Bank loans 20,833 30,833
Hire purchase contracts 39,083 -
59,916 30,833