2023-01-012023-12-3131 December 2023Fibrem Limited11256570falseStuart Murphy31 March 202431 March 2024The principal activity of the company continued to be Demolition.Suite F1, Paddock Business CentrePaddock Road, West PimboSkelmersdaleWN8 9PL1313Ajaccts Software3.1.0 beta11256570bus:FullAccounts2023-01-012023-12-3111256570bus:FRS1022023-01-012023-12-3111256570bus:PrivateLimitedCompanyLtd2023-01-012023-12-3111256570bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3111256570core:PlantMachinery2022-12-3111256570core:InvestmentPropertyIncludedWithinPPE2022-12-3111256570core:LandBuildings2022-12-3111256570core:FurnitureFittingsToolsEquipment2022-12-3111256570core:Vehicles2022-12-3111256570core:ComputerEquipment2022-12-3111256570core:PlantMachinery2023-12-3111256570core:InvestmentPropertyIncludedWithinPPE2023-12-3111256570core:LandBuildings2023-12-3111256570core:FurnitureFittingsToolsEquipment2023-12-3111256570core:Vehicles2023-12-3111256570core:ComputerEquipment2023-12-31112565702022-01-0111256570core:DevelopmentCostsPatentsSimilar2023-01-012023-12-3111256570core:DevelopmentCostsPatentsSimilar2023-12-3111256570core:DevelopmentCostsPatentsSimilar2022-12-3111256570core:DividendsProposed2023-01-012023-12-3111256570core:DividendsProposed2022-01-012022-12-3111256570core:LandBuildings2022-01-012022-12-3111256570core:PlantMachinery2022-01-012022-12-3111256570core:FurnitureFittingsToolsEquipment2022-01-012022-12-3111256570core:Vehicles2022-01-012022-12-3111256570core:ComputerEquipment2022-01-012022-12-3111256570core:InvestmentPropertyIncludedWithinPPE2023-01-012023-12-3111256570core:LandBuildings2023-01-012023-12-3111256570core:PlantMachinery2023-01-012023-12-3111256570core:FurnitureFittingsToolsEquipment2023-01-012023-12-3111256570core:Vehicles2023-01-012023-12-3111256570core:ComputerEquipment2023-01-012023-12-3111256570core:ComputerEquipment2022-01-0111256570core:ComputerEquipment2023-01-01112565702022-12-3111256570bus:Consolidated2022-12-31112565702023-12-3111256570bus:Consolidated2023-12-31112565702022-01-012022-12-3111256570bus:Consolidated2022-01-012022-12-31112565702023-01-012023-12-3111256570bus:Consolidated2023-01-012023-12-3111256570bus:CompanySecretaryDirector12023-01-012023-12-3111256570bus:Director12023-01-012023-12-3111256570bus:Director22023-01-012023-12-3111256570bus:Director32023-01-012023-12-3111256570bus:Director42023-01-012023-12-3111256570bus:Director52023-01-012023-12-3111256570bus:Director62023-01-012023-12-3111256570bus:Director72023-01-012023-12-3111256570bus:Director82023-01-012023-12-3111256570bus:Director92023-01-012023-12-3111256570bus:Director102023-01-012023-12-3111256570bus:Director112023-01-012023-12-3111256570bus:Director122023-01-012023-12-3111256570bus:Director132023-01-012023-12-3111256570bus:Director142023-01-012023-12-3111256570bus:Director152023-01-012023-12-3111256570bus:Director162023-01-012023-12-3111256570bus:Director172023-01-012023-12-3111256570bus:Director182023-01-012023-12-3111256570bus:Director192023-01-012023-12-3111256570bus:Director202023-01-012023-12-31112565702023-01-012023-12-3111256570bus:CompanySecretaryDirector12023-12-3111256570bus:Director12023-12-3111256570bus:Director22023-12-3111256570bus:CompanySecretaryDirector12023-01-012023-12-3111256570bus:Director12023-01-012023-12-3111256570bus:Director22023-01-012023-12-31112565702023-01-012023-12-3111256570bus:CompanySecretaryDirector12022-12-3111256570bus:Director12022-12-3111256570bus:Director22022-12-3111256570bus:EntityAccountantsOrAuditors2023-01-012023-12-3111256570bus:EntityAccountantsOrAuditors2023-01-012023-12-3111256570bus:EntityAccountantsOrAuditors2023-12-3111256570bus:RegisteredOffice2023-01-012023-12-3111256570bus:EntityBankers2023-01-012023-12-3111256570bus:EntityLawyersOrLegalAdvisers2023-01-012023-12-31xbrli:pureiso4217:GBPxbrli:shares
Filleted Unaudited Accounts for Fibrem Limited
Company Information and Financial Statements

For the Financial Year ended 31 December 2023

Company Information

Directors
Stuart Murphy
Neil Garner
Fibrem Limited is a Limited Company incorporated in the United Kingdom and registered in England and Wales.
Registered Office Address
Fibrem Limited
Suite F1, Paddock Business Centre
Paddock Road, West Pimbo
Skelmersdale
WN8 9PL
Registered Number
11256570
Filleted Unaudited Financial Statements
Statement of Financial Position
at 31 December 2023
20232022
££
Fixed Assets
Intangible assets--
Tangible assets5-1,728
Investments--
-1,728
Current assets
Stocks--
Debtors229,682126,730
Cash at bank and in hand47,73395,489
Other176,58847,972
454,003270,191
Creditors: amounts falling due within one year4(350,582)(242,701)
Net current assets103,42027,489
Total assets less current liabilities103,42029,217
Creditors: amounts falling due after more than one year(-)(-)
Deferred tax liability(-)(-)
Other Provisions for Liabilities(-)(-)
Net Assets103,42029,217
Capital and Reserves
Called up Share Capital6100100
Share Premium--
Profit and Loss account103,32029,117
Total Equity103,42029,217
Statement of Accordance with Small Companies regime, and Audit not required
The directors confirm that financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The directors confirm that the Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. No audit has been obtained
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The income statement and directors report have not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies regime.
Other Footnotes
None
Signature of Statement of Financial Position
Signed by
DirectorStuart Murphy
Approved by the board, 31 March 2024
Notes to the financial statements
at 31 December 2023
1. General Information
Fibrem Limited is a Limited company incorporated in the United Kingdom and registered in England and Wales.
Registered Office Address:
Fibrem Limited
Suite F1, Paddock Business Centre
Paddock Road, West Pimbo
Skelmersdale
WN8 9PL
2. Basis of Preparation and Policies
The financial statements are prepared under the historical cost convention and in accordance with FRS 102 section 1A, the Financial Reporting Standard applicable in the UK and Republic of Ireland applicable to Smaller Entities.
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
Statement of Cash flows
Exempt from cash flow statement requirement : true
Accounting Policies
Turnover
Turnover represents revenue earned during the period, net of Value Added Tax.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery -- over a period of between 2 and 5 years straight line
Computer equipment -- over a period of 3 years straight line
Motor vehicles -- over a period of between 2 and 5 years straight line
The carrying values of tangible fixed assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.
Other
3. Analysis of Debtors
Short term debtors : Trade Debtors
20232022
££
228,069126,477
Short term debtors : Prepayments
20232022
££
--
Short term debtors : Tax Debtors
20232022
££
1,613-
Short term debtors : Others
20232022
££
-252
4. Analysis of Creditors
Short term creditors : Trade Creditors
20232022
££
161,28668,323
Short term creditors : Accruals
20232022
££
--
Short term creditors : Bank Overdraft
20232022
££
--
Short term creditors : Other Loan/HP
20232022
££
17,08527,702
Short term creditors : Corporation Tax
20232022
££
16,900-
Short term creditors : VAT/Social Security
20232022
££
136,262123,442
Short term creditors : Dividends
20232022
££
--
Short term creditors : Others
20232022
££
19,05023,234
Short term creditors : Directors Loans
20232022
££
--
Group Undertakings
20232022
££
--
Long term creditors (incl. Directors Loans)
20232022
££
--
5. Tangible fixed assets
Land/BuildingsPlant MachineryFixts, Fittings, EquipmentComputer EquipmentVehiclesTotal
££££££
Cost
At 31 December 202200002,5922,592
Additions000000
Disposals(0)(0)(0)(0)(0)(0)
Revaluations000000
At 31 December 202300002,5922,592
Depreciation
At 31 December 20220000864864
Charge for the year00001,7281,728
Eliminated this year(0)(0)(0)(0)(0)(0)
At 31 December 202300002,5922,592
Net book value
At 31 December 202200001,7281,728
At 31 December 202300000-
6. Share Capital
Allotted, called up and fully paid
20232022
No£No£
Ordinary100100100100
Total100100100100
7. Ultimate Controlling Party
The ultimate controlling party is the Director(s)
8. Related Party Transactions
None
9. Other Notes
The average number of employees in the year was 13 (Previous: 13)
End of Notes to Financial Statements