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REGISTERED NUMBER: 01824648 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2023

FOR

FIDGET LIMITED

FIDGET LIMITED (REGISTERED NUMBER: 01824648)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FIDGET LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2023







DIRECTOR: J S Hall





SECRETARY: Mr P I Powell





REGISTERED OFFICE: 6 Lancaster Court
Coronation Road
High Wycombe
Bucks
HP12 3TD





REGISTERED NUMBER: 01824648 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

FIDGET LIMITED (REGISTERED NUMBER: 01824648)

BALANCE SHEET
31ST MAY 2023

31.5.23 31.5.22
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 19,895 30,377

CURRENT ASSETS
Stocks 6,780 12,600
Debtors 5 90,805 119,262
Cash at bank and in hand 11,912 102
109,497 131,964
CREDITORS
Amounts falling due within one year 6 92,388 107,322
NET CURRENT ASSETS 17,109 24,642
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,004

55,019

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 36,884 54,899
SHAREHOLDERS' FUNDS 37,004 55,019

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

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

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 14th February 2024 and were signed by:





J S Hall - Director


FIDGET LIMITED (REGISTERED NUMBER: 01824648)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023

1. STATUTORY INFORMATION

Fidget 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 the net invoiced value of goods and services supplied by the company, 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.
Improvements to property - in accordance with the lease
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
Payments in respect of other post-retirement benefits are charged to profit or loss in the period to which they relate.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Improvements Plant and and Motor
to property machinery fittings vehicles Totals
£ £ £ £ £
COST
At 1st June 2022 19,251 87,169 27,835 44,698 178,953
Additions - 8,571 895 - 9,466
Disposals (19,250 ) (71,165 ) - - (90,415 )
At 31st May 2023 1 24,575 28,730 44,698 98,004
DEPRECIATION
At 1st June 2022 19,251 73,168 20,107 36,050 148,576
Charge for year - 2,205 2,648 4,324 9,177
Eliminated on disposal (19,250 ) (60,394 ) - - (79,644 )
At 31st May 2023 1 14,979 22,755 40,374 78,109
NET BOOK VALUE
At 31st May 2023 - 9,596 5,975 4,324 19,895
At 31st May 2022 - 14,001 7,728 8,648 30,377

FIDGET LIMITED (REGISTERED NUMBER: 01824648)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£ £
Trade debtors 75,602 74,920
Other debtors 15,203 44,342
90,805 119,262

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£ £
Bank loans and overdrafts - 16,468
Finance leases - 3,586
Trade creditors 58,748 47,963
Taxation and social security 24,808 29,949
Other creditors 8,832 9,356
92,388 107,322

7. RELATED PARTY DISCLOSURES

During the year, the company entered into the following transactions with PSV Glass & Glazing Limited, a company of which P M Andrews is a director and a shareholder:

Sales to related party £378,853 (2022: £308,385), balance due from related party at 31 May 2022 £11,345 (2021: £24,832).