Caseware UK (AP4) 2022.0.179 2022.0.179 2023-10-312023-10-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-11-01false2No description of principal activity2truetrue 10421098 2022-11-01 2023-10-31 10421098 2021-11-01 2022-10-31 10421098 2023-10-31 10421098 2022-10-31 10421098 c:Director1 2022-11-01 2023-10-31 10421098 d:CurrentFinancialInstruments 2023-10-31 10421098 d:CurrentFinancialInstruments 2022-10-31 10421098 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 10421098 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 10421098 d:ShareCapital 2023-10-31 10421098 d:ShareCapital 2022-10-31 10421098 d:RetainedEarningsAccumulatedLosses 2023-10-31 10421098 d:RetainedEarningsAccumulatedLosses 2022-10-31 10421098 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-10-31 10421098 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-10-31 10421098 c:FRS102 2022-11-01 2023-10-31 10421098 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 10421098 c:FullAccounts 2022-11-01 2023-10-31 10421098 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 10421098 2 2022-11-01 2023-10-31 10421098 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure

Registered number: 10421098










FAT GOOSE DEVELOPMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2023

 
FAT GOOSE DEVELOPMENTS LIMITED
REGISTERED NUMBER: 10421098

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
555,703
351,703

Current asset investments
 5 
50
50

Cash at bank and in hand
 6 
30,219
234,865

  
585,972
586,618

Creditors: amounts falling due within one year
 7 
(421,363)
(421,338)

Net current assets
  
 
 
164,609
 
 
165,280

Total assets less current liabilities
  
164,609
165,280

  

Net assets
  
164,609
165,280


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
164,509
165,180

  
164,609
165,280


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 February 2024.




G. Fernley
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
FAT GOOSE DEVELOPMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

The company is a private company limited by shares and was incorporated in England and Wales. The registered office address of the business is:
Kingsridge House,
601 London Road,
Westcliff on Sea,
Essex,
SS0 9PE.
 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the
Page 2

 
FAT GOOSE DEVELOPMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)


2.6
Financial instruments (continued)

present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Debtors

2023
2022
£
£


Amounts owed by joint ventures and associated undertakings
555,703
351,703

555,703
351,703



5.


Current asset investments

2023
2022
£
£

Unlisted investments
50
50

50
50



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
30,219
234,865

30,219
234,865


Page 3

 
FAT GOOSE DEVELOPMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
584
559

Directors loan accounts
254,404
254,404

Other creditors
166,375
166,375

421,363
421,338



8.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
30,219
234,865




Financial assets measured at fair value through profit or loss comprise cash at bank.


9.


Related party transactions

Debtors includes £555,703 (2022 £351,703) owed by a company in which this company has a shareholding and of which the directors of this company are also directors.
Other creditors relates to £166,375 (2022 £166,375) owed to a company in which a director of this company is also the director and shareholder.


Page 4