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REGISTERED NUMBER: 08005874 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Fezo Limited

Fezo Limited (Registered number: 08005874)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Fezo Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs K Steel
J R K Steel





REGISTERED OFFICE: 41 Montford Road
Sunbury on Thames
Middlesex
TW16 6EJ





REGISTERED NUMBER: 08005874 (England and Wales)





ACCOUNTANTS: Stone Balance Accounting Ltd
10 Croft Avenue
Dorking
Surrey
RH4 1LN

Fezo Limited (Registered number: 08005874)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 65,830 86,614

CURRENT ASSETS
Debtors 5 14,199 24,113
Cash at bank 149,045 98,895
163,244 123,008
CREDITORS
Amounts falling due within one year 6 (68,063 ) (57,565 )
NET CURRENT ASSETS 95,181 65,443
TOTAL ASSETS LESS CURRENT
LIABILITIES

161,011

152,057

PROVISIONS FOR LIABILITIES 7 (12,508 ) (16,456 )
NET ASSETS 148,503 135,601

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 148,493 135,591
SHAREHOLDERS' FUNDS 148,503 135,601

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Fezo Limited (Registered number: 08005874)

Balance Sheet - continued
31 March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 April 2024 and were signed on its behalf by:





J R K Steel - Director


Fezo Limited (Registered number: 08005874)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Fezo 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 represents fees raised in respect of Digital Imaging Services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fezo Limited (Registered number: 08005874)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2023 182,257 2,258 30,178 214,693
Additions 10,636 - - 10,636
At 31 March 2024 192,893 2,258 30,178 225,329
DEPRECIATION
At 1 April 2023 123,769 2,110 2,200 128,079
Charge for year 23,798 77 7,545 31,420
At 31 March 2024 147,567 2,187 9,745 159,499
NET BOOK VALUE
At 31 March 2024 45,326 71 20,433 65,830
At 31 March 2023 58,488 148 27,978 86,614

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,605 12,761
Accrued income 5,636 3,572
Other debtors 800 -
Prepayments 2,158 7,780
14,199 24,113

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 46,835 32,628
VAT 16,759 18,133
Directors' current accounts 2,059 4,839
Accrued expenses 2,410 1,965
68,063 57,565

Fezo Limited (Registered number: 08005874)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 12,508 16,456

Deferred
tax
£   
Balance at 1 April 2023 16,456
Credit to Statement of Income and Retained Earnings during
year

(3,948

)
Balance at 31 March 2024 12,508

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £0.01 10 10