2023-03-01 2024-02-29 13915359 FCC RETAIL TRADING LTD false 13915359 2023-03-01 2024-02-29 13915359 uk-bus:Director1 2023-03-01 2024-02-29 13915359 uk-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13915359 uk-bus:SmallEntities 2023-03-01 2024-02-29 13915359 uk-bus:FullAccounts 2023-03-01 2024-02-29 13915359 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13915359 2023-03-01 13915359 2024-02-29 13915359 2023-02-28 xbrli:pure iso4217:GBP 13915359 2022-03-01 2023-02-28
Company Registration Number : 13915359 (England and Wales)
13915359
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-02-29
false
FCC RETAIL TRADING LTD
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-03-01
FCC RETAIL TRADING LTD
Unaudited filleted financial statements
For the year ended 29 February 2024
FCC RETAIL TRADING LTD
Contents
For the year ended 29 February 2024

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 7


FCC RETAIL TRADING LTD
Company Information
For the year ended 29 February 2024

Company registration number 13915359 (England and Wales)
Directors Simon David BOURNE
Registered office address 11c Fcc Retail Trading Ltd, T/A Hand Dyed Shoe Co.
Lanchester
Durham
County Durham
DH7 0LA
UK
FCC RETAIL TRADING LTD
Statement of Financial Position
For the year ended 29 February 2024

2024 2023
Notes £ £
Fixed assets
Property, plant and equipment 2,037 389
9 2,037 389
Current assets
Inventories 7,000 2,500
Debtors - 654
Cash and cash equivalents 1,309 5,592
8,309 8,746
Current liabilities
Creditors: Amounts falling due within one year 7 (36,644) (30,907)
(36,644) (30,907)
Net current (liabilities)/assets (28,335) (22,161)
Total assets less current liabilities (26,298) (21,772)
Non-current liabilities
Creditors: Amounts falling due after more than one year 8 (4,605) -
Net (liabilities)/assets (30,903) (21,772)
Capital and reserves
Called up share capital 1 -
Retained earnings (30,904) (21,772)
Shareholder's funds (30,903) (21,772)
For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 29 February 2024 the company was 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 in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts 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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 01 August 2024
.............................
Simon David BOURNE (Director)
Company registration number: 13915359
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-02-29 29 February 2024
2024 2023
£ £
Fixed Assets 2,037 389
Current Assets 8,309 8,746
Creditors: amounts falling due within one year (36,644) (30,907)
Net current assets (liabilities) (28,335) (22,161)
Total assets less current liabilities (26,298) (21,772)
CREDITORS: Amounts falling due more than one year (4,605) 0
Net Assets (liabilities) (30,903) (21,772)
Capital and Reserves (30,903) (21,772)
For the year ending 29/02/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. For the year ending 29-02-2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 01 August 2024 2024-08-01 and signed on behalf of the board,
.............................
Simon David BOURNE
Director
Company registration number: 13915359
FCC RETAIL TRADING LTD
Notes to the Financial Statements
For the year ended 29 February 2024

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 11c Fcc Retail Trading Ltd, T/A Hand Dyed Shoe Co., Lanchester, Durham, County Durham, DH7 0LA.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Interest income
Interest income is recognised using the effective interest method.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings20% straight line
Equipment33% straight line
Motor Cars
Inventories
Inventories are measured at the lower of cost and net realisable value. Costs of inventories are determined on a first-in-first-out basis. Net realisable value represents the estimated selling price for inventories less all estimated costs necessary to make the sale.

(4) Critical accounting judgements and key sources of estimation uncertainty
No judgement
No significant judgements or estimates have been made in preparation of these financial statements.

(5) Employees
During the year, the average number of employees including director was 1 (2023 : 1).

(6) Tangible fixed assets
Fixtures and FittingsEquipmentTotals
£££
Cost
As at 01 March 2023-500500
Additions1,0001,5632,563
As at 29 February 20241,0002,0633,063
Depreciation
As at 01 March 2023-111111
For the year200716916
As at 29 February 20242008271,027
Net book value
As at 29 February 20248001,2372,036
As at 28 February 2023-389389

(7) Creditors: Amounts falling due within one year
2024 2023
£ £
Other taxes and social security 6,508 3,781
Other creditors 30,136 27,126
36,644 30,907

(8) Creditors: Amounts falling due after more than one year
2024 2023
£ £
Other creditors 4,605 -
4,605 -

(9) Fixed assets
Tangible

£
Cost
As at 01 March 2023500
Additions2,563
As at 29 February 20243,063
Depreciation/Amortisation
As at 01 March 2023111
For the year916
As at 29 February 20241,027
Net book value
As at 29 February 20242,036
As at 28 February 2023389