Company Registration No. SC325339 (Scotland)
B. Foster Limited
Unaudited accounts
for the year ended 30 June 2024
B. Foster Limited
Unaudited accounts
Contents
B. Foster Limited
Company Information
for the year ended 30 June 2024
Company Number
SC325339 (Scotland)
Registered Office
25 SILVERKNOWES COURT
EDINBURGH
EH4 5NL
Scotland
Accountants
Braes Accountancy Limited
Ironworks Business Centre
Castlelaurie Industrial Estate
Falkirk
Stirlingshire
FK2 7XE
B. Foster Limited
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
34,385
38,124
Creditors: amounts falling due within one year
(34,140)
(38,597)
Net current assets/(liabilities)
282
(473)
Called up share capital
1
1
Profit and loss account
787
201
Shareholders' funds
788
202
For the year ending 30 June 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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.
The financial statements were approved by the Board and authorised for issue on 1 August 2024 and were signed on its behalf by
Barry Foster
Director
Company Registration No. SC325339
B. Foster Limited
Notes to the Accounts
for the year ended 30 June 2024
B. Foster Limited is a private company, limited by shares, registered in Scotland, registration number SC325339. The registered office is 25 SILVERKNOWES COURT, EDINBURGH, EH4 5NL, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
B. Foster Limited
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
16,352
16,063
Loans from directors
12,250
16,404
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).