FOUNTAIN MARKETING COMMUNICATIONS LIMITED

Company Registration Number:
04443668 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

FOUNTAIN MARKETING COMMUNICATIONS LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Additional notes
Balance sheet notes

FOUNTAIN MARKETING COMMUNICATIONS LIMITED

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 4,813 4,324
Total fixed assets: 4,813 4,324
Current assets
Debtors: 4 90,258 25,599
Cash at bank and in hand: 52,569 93,925
Total current assets: 142,827 119,524
Creditors: amounts falling due within one year: 5 ( 26,500 ) ( 15,885 )
Net current assets (liabilities): 116,327 103,639
Total assets less current liabilities: 121,140 107,963
Provision for liabilities: ( 914 ) ( 822 )
Total net assets (liabilities): 120,226 107,141
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 120,126 107,041
Total Shareholders' funds: 120,226 107,141

The notes form part of these financial statements

FOUNTAIN MARKETING COMMUNICATIONS LIMITED

Balance sheet statements

For the year ending 30 November 2023 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.

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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 16 August 2024
and signed on behalf of the board by:

Name: J Temple
Status: Director

The notes form part of these financial statements

FOUNTAIN MARKETING COMMUNICATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and of Value Added Tax. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are initially recorded at cost, and subsequently stated at cost less accumulated depreciation and impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the economic useful life of that asset at 25% on a reducing balance basis. If there is an indication that there has been a significant change in useful life or residual value, the depreciation charge is revised prospectively to reflect the new estimates.

    Other accounting policies

    TaxationThe taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid using tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and which are expected to apply to the reversal of the timing differences.Pension contributionsContributions to defined contribution pension plans are recognised as an expense in the period in which the related service is provided.

FOUNTAIN MARKETING COMMUNICATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

FOUNTAIN MARKETING COMMUNICATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 13,199 13,199
Additions 2,791 2,791
Disposals ( 4,446 ) ( 4,446 )
Revaluations
Transfers
At 30 November 2023 11,544 11,544
Depreciation
At 1 December 2022 8,875 8,875
Charge for year 1,606 1,606
On disposals ( 3,750 ) ( 3,750 )
Other adjustments
At 30 November 2023 6,731 6,731
Net book value
At 30 November 2023 4,813 4,813
At 30 November 2022 4,324 4,324

FOUNTAIN MARKETING COMMUNICATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Debtors

2023 2022
£ £
Trade debtors 85,823 21,237
Other debtors 4,435 4,362
Total 90,258 25,599

FOUNTAIN MARKETING COMMUNICATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 303 233
Taxation and social security 23,342 14,064
Other creditors 2,855 1,588
Total 26,500 15,885

FOUNTAIN MARKETING COMMUNICATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
The company made interest-free advances to the director during the year of £11,011, all of which were repaid before the reporting date.
£
Balance at 30 November 2022
Advances or credits made:
Advances or credits repaid:
Balance at 30 November 2023 0