Registered number: 05829773 | ||||||||
FOR THE YEAR ENDED 30 NOVEMBER 2023 | ||||||||
Prepared By: | ||||||||
Simon Porter FCA | ||||||||
1 Prospect Street | ||||||||
Caversham | ||||||||
Reading | ||||||||
RG4 8JB |
H Foster & Co Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30 NOVEMBER 2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
Berkshire | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 05829773 | ||||||||
ACCOUNTANTS | ||||||||
Simon Porter FCA | ||||||||
1 Prospect Street | ||||||||
Caversham | ||||||||
Reading | ||||||||
RG4 8JB |
H Foster & Co Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30 NOVEMBER 2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
H Foster & Co Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
61,503 | 107,184 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT LIABILITIES | ( | (32,050) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ( | ||||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | (46,805) | (29,010) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
H Foster & Co Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30 NOVEMBER 2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting FRS 1021 a | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. | ||||||||
The Company's principal place of business is The Old Brewery, Unit 2, Thames Court, Goring, Reading RG8 9AQ. |
1b. Going Concern | ||||||||
These financial statements have been prepared on the assumption that the company is able to continue as a going concern, on the basis that the company will continue to have the support of the parent company and the directors, who have resolved that the loans from the group and from the directors will not become repayable until the company has recovered its losses in full and has funds available. |
1c. Depreciation | ||||||||
Plant And Machinery | reducing balance25% | |||||||
Fixtures And Fittings | reducing balance15% | |||||||
Equipment | straight line25% |
1d. Stocks | ||||||||
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based upon the cost of purchase on a first in, first out, basis. Work in progress and finished goods include labour and attributable overheads. | ||||||||
At each balance sheet date, stocks are assessed for impairment. If the stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately. |
1e. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
H Foster & Co Limited | ||||||||
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 3 | |||||
3. TANGIBLE FIXED ASSETS | ||||||||
Plant and | Fixtures | |||||||
Machinery | and Fittings | Equipment | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 1 December 2022 | 14,066 | 2,850 | 1,694 | 18,610 | ||||
At 30 November 2023 | 14,066 | 2,850 | 1,694 | 18,610 | ||||
Depreciation | ||||||||
At 1 December 2022 | 12,286 | 2,437 | 843 | 15,566 | ||||
For the year | 445 | 62 | 324 | 831 | ||||
At 30 November 2023 | 12,731 | 2,499 | 1,167 | 16,397 | ||||
Net Book Amounts | ||||||||
At 30 November 2023 | 2,213 | |||||||
At 30 November 2022 | 3,044 | |||||||
4. STOCK | 2023 | 2022 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock raw materials | - | 49,811 | ||||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Other debtors | - | 2,649 | ||||||
Amounts due from group companies | 18,255 | 10,353 | ||||||
Prepayments | 251 | 514 | ||||||
Deferred taxation | 42,979 | 42,979 | ||||||
61,485 | 56,495 | |||||||
H Foster & Co Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 218 | 218 | ||||||
Other taxation and social security | 263 | 306 | ||||||
Trade creditors | 271 | 28,757 | ||||||
Accruals | 1,941 | 1,941 | ||||||
Amounts due to group companies | 107,824 | 108,012 | ||||||
110,517 | 139,234 | |||||||
7. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | (42,979) | (42,979) | ||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
4 | 4 | |||||||
4 | 4 | |||||||
9. CONTROLLING PARTY | ||||||||
The immediate parent company is H Foster 1875 Limited, a company incorporated in England and Wales. | ||||||||
The ultimate parent company is Eggar & Co (1972) Limited, a company incorporated in England and Wales. | ||||||||
10. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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