IRIS Accounts Production v24.1.0.578 05126820 director 1.8.22 31.7.23 31.7.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh051268202022-07-31051268202023-07-31051268202022-08-012023-07-31051268202021-07-31051268202021-08-012022-07-31051268202022-07-3105126820ns15:EnglandWales2022-08-012023-07-3105126820ns14:PoundSterling2022-08-012023-07-3105126820ns10:Director12022-08-012023-07-3105126820ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3105126820ns10:SmallEntities2022-08-012023-07-3105126820ns10:AuditExemptWithAccountantsReport2022-08-012023-07-3105126820ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3105126820ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3105126820ns10:FullAccounts2022-08-012023-07-310512682012022-08-012023-07-3105126820ns10:RegisteredOffice2022-08-012023-07-3105126820ns5:CurrentFinancialInstruments2023-07-3105126820ns5:CurrentFinancialInstruments2022-07-3105126820ns5:ShareCapital2023-07-3105126820ns5:ShareCapital2022-07-3105126820ns5:RetainedEarningsAccumulatedLosses2023-07-3105126820ns5:RetainedEarningsAccumulatedLosses2022-07-3105126820ns5:NetGoodwill2022-08-012023-07-3105126820ns5:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3105126820ns5:PlantMachinery2022-08-012023-07-3105126820ns5:MotorVehicles2022-08-012023-07-3105126820ns5:ComputerEquipment2022-08-012023-07-3105126820ns5:NetGoodwill2022-07-3105126820ns5:NetGoodwill2023-07-3105126820ns5:NetGoodwill2022-07-3105126820ns5:LeaseholdImprovements2022-07-3105126820ns5:PlantMachinery2022-07-3105126820ns5:FurnitureFittings2022-07-3105126820ns5:LeaseholdImprovements2022-08-012023-07-3105126820ns5:FurnitureFittings2022-08-012023-07-3105126820ns5:LeaseholdImprovements2023-07-3105126820ns5:PlantMachinery2023-07-3105126820ns5:FurnitureFittings2023-07-3105126820ns5:LeaseholdImprovements2022-07-3105126820ns5:PlantMachinery2022-07-3105126820ns5:FurnitureFittings2022-07-3105126820ns5:MotorVehicles2022-07-3105126820ns5:ComputerEquipment2022-07-3105126820ns5:MotorVehicles2023-07-3105126820ns5:ComputerEquipment2023-07-3105126820ns5:MotorVehicles2022-07-3105126820ns5:ComputerEquipment2022-07-3105126820ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3105126820ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-31
REGISTERED NUMBER: 05126820 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

FOX SPORTS SURFACING LIMITED

FOX SPORTS SURFACING LIMITED (REGISTERED NUMBER: 05126820)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

FOX SPORTS SURFACING LIMITED

COMPANY INFORMATION
for the Year Ended 31 July 2023







DIRECTOR: K R Allsop





REGISTERED OFFICE: 8 Long Lane
Coalville
Leicestershire
LE67 4DZ





REGISTERED NUMBER: 05126820 (England and Wales)





ACCOUNTANTS: Beaumont & Co
Suite 5
Martland Mill
Mart Lane
Burscough
Lancashire
L40 0SD

FOX SPORTS SURFACING LIMITED (REGISTERED NUMBER: 05126820)

BALANCE SHEET
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 25,000 50,000
Tangible assets 5 223,645 159,186
248,645 209,186

CURRENT ASSETS
Debtors 6 277,151 417,086
Cash at bank and in hand 399,103 206,011
676,254 623,097
CREDITORS
Amounts falling due within one year 7 185,144 151,997
NET CURRENT ASSETS 491,110 471,100
TOTAL ASSETS LESS CURRENT
LIABILITIES

739,755

680,286

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 739,751 680,282
SHAREHOLDERS' FUNDS 739,755 680,286

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

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

FOX SPORTS SURFACING LIMITED (REGISTERED NUMBER: 05126820)

BALANCE SHEET - continued
31 July 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 29 April 2024 and were signed by:





K R Allsop - Director


FOX SPORTS SURFACING LIMITED (REGISTERED NUMBER: 05126820)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Fox Sports Surfacing 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty 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.
Plant and machinery - 15% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 15% 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.

FOX SPORTS SURFACING LIMITED (REGISTERED NUMBER: 05126820)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2023

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2022 - 19 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2022
and 31 July 2023 475,000
AMORTISATION
At 1 August 2022 425,000
Charge for year 25,000
At 31 July 2023 450,000
NET BOOK VALUE
At 31 July 2023 25,000
At 31 July 2022 50,000

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 August 2022 5,047 221,856 3,652
Additions - 65,148 -
At 31 July 2023 5,047 287,004 3,652
DEPRECIATION
At 1 August 2022 - 145,369 1,192
Charge for year - 21,245 -
At 31 July 2023 - 166,614 1,192
NET BOOK VALUE
At 31 July 2023 5,047 120,390 2,460
At 31 July 2022 5,047 76,487 2,460

FOX SPORTS SURFACING LIMITED (REGISTERED NUMBER: 05126820)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2023

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2022 182,309 7,498 420,362
Additions 50,341 1,459 116,948
At 31 July 2023 232,650 8,957 537,310
DEPRECIATION
At 1 August 2022 111,674 2,941 261,176
Charge for year 30,244 1,000 52,489
At 31 July 2023 141,918 3,941 313,665
NET BOOK VALUE
At 31 July 2023 90,732 5,016 223,645
At 31 July 2022 70,635 4,557 159,186

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 212,079 271,721
Other debtors 65,072 145,365
277,151 417,086

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts - 59,846
Hire purchase contracts 24,000 -
Trade creditors 61,739 43,020
Taxation and social security 40,873 46,457
Other creditors 58,532 2,674
185,144 151,997

FOX SPORTS SURFACING LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
FOX SPORTS SURFACING LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Beaumont & Co
Suite 5
Martland Mill
Mart Lane
Burscough
Lancashire
L40 0SD


29 April 2024