IRIS Accounts Production v23.1.5.20 06635443 director 1.9.22 31.8.23 31.8.23 0 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure066354432022-08-31066354432023-08-31066354432022-09-012023-08-31066354432021-08-31066354432021-09-012022-08-31066354432022-08-3106635443ns16:EnglandWales2022-09-012023-08-3106635443ns15:PoundSterling2022-09-012023-08-3106635443ns11:Director12022-09-012023-08-3106635443ns11:PrivateLimitedCompanyLtd2022-09-012023-08-3106635443ns11:SmallEntities2022-09-012023-08-3106635443ns11:AuditExempt-NoAccountantsReport2022-09-012023-08-3106635443ns11:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3106635443ns11:SmallCompaniesRegimeForAccounts2022-09-012023-08-3106635443ns11:FullAccounts2022-09-012023-08-310663544312022-09-012023-08-3106635443ns11:OrdinaryShareClass12022-09-012023-08-3106635443ns11:CompanySecretary12022-09-012023-08-3106635443ns11:RegisteredOffice2022-09-012023-08-3106635443ns6:CurrentFinancialInstruments2023-08-3106635443ns6:CurrentFinancialInstruments2022-08-3106635443ns6:ShareCapital2023-08-3106635443ns6:ShareCapital2022-08-3106635443ns6:RetainedEarningsAccumulatedLosses2023-08-3106635443ns6:RetainedEarningsAccumulatedLosses2022-08-3106635443ns6:NetGoodwill2022-09-012023-08-3106635443ns6:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3106635443ns6:FurnitureFittings2022-09-012023-08-3106635443ns6:ComputerEquipment2022-09-012023-08-3106635443ns6:NetGoodwill2022-08-3106635443ns6:NetGoodwill2023-08-3106635443ns6:NetGoodwill2022-08-3106635443ns6:FurnitureFittings2022-08-3106635443ns6:ComputerEquipment2022-08-3106635443ns6:FurnitureFittings2023-08-3106635443ns6:ComputerEquipment2023-08-3106635443ns6:FurnitureFittings2022-08-3106635443ns6:ComputerEquipment2022-08-3106635443ns11:OrdinaryShareClass12023-08-3106635443ns6:RetainedEarningsAccumulatedLosses2022-08-3106635443ns6:RetainedEarningsAccumulatedLosses2022-09-012023-08-31
REGISTERED NUMBER: 06635443 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Foster Brandt Limited

Foster Brandt Limited (Registered number: 06635443)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Foster Brandt Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: W. Foster





SECRETARY: Ms. D. Eccles





REGISTERED OFFICE: Office F7a
Lynch Lane Offices
Weymouth
Dorset
DT4 9DW





REGISTERED NUMBER: 06635443 (England and Wales)





ACCOUNTANTS: RWB Tax Consultants Limited
F7A Lynch Lane Offices
Lynch Lane
Weymouth
Dorset
DT4 9DN

Foster Brandt Limited (Registered number: 06635443)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 373 551
373 551

CURRENT ASSETS
Debtors 6 - 6
Cash at bank 4,443 44,448
4,443 44,454
CREDITORS
Amounts falling due within one year 7 37,688 66,735
NET CURRENT LIABILITIES (33,245 ) (22,281 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(32,872

)

(21,730

)

PROVISIONS FOR LIABILITIES 71 105
NET LIABILITIES (32,943 ) (21,835 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (33,043 ) (21,935 )
SHAREHOLDERS' FUNDS (32,943 ) (21,835 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Foster Brandt Limited (Registered number: 06635443)

Balance Sheet - continued
31 August 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 director and authorised for issue on 28 January 2024 and were signed by:





W. Foster - Director


Foster Brandt Limited (Registered number: 06635443)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Foster Brandt 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, 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.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

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.

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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - NIL ) .

Foster Brandt Limited (Registered number: 06635443)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2022
and 31 August 2023 10,000
AMORTISATION
At 1 September 2022
and 31 August 2023 10,000
NET BOOK VALUE
At 31 August 2023 -
At 31 August 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 September 2022
and 31 August 2023 330 1,758 2,088
DEPRECIATION
At 1 September 2022 308 1,229 1,537
Charge for year 3 175 178
At 31 August 2023 311 1,404 1,715
NET BOOK VALUE
At 31 August 2023 19 354 373
At 31 August 2022 22 529 551

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
VAT - 6

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors - 1
Directors' current accounts 37,184 66,230
Accrued expenses 504 504
37,688 66,735

Foster Brandt Limited (Registered number: 06635443)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 September 2022 (21,935 )
Deficit for the year (11,108 )
At 31 August 2023 (33,043 )

10. ULTIMATE CONTROLLING PARTY

The controlling party is W. Foster.