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REGISTERED NUMBER: 10518054 (England and Wales)















Financial Statements for the Year Ended 30 November 2023

for

Foyleview Limited

Foyleview Limited (Registered number: 10518054)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Foyleview Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: R McGinnis





REGISTERED OFFICE: 116 Duke Street
Liverpool
Merseyside
L1 5JW





REGISTERED NUMBER: 10518054 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

Foyleview Limited (Registered number: 10518054)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,218 23,720
Investments 5 10,000 10,000
15,218 33,720

CURRENT ASSETS
Debtors 6 98,717 55,215
Cash at bank 381,125 447,375
479,842 502,590
CREDITORS
Amounts falling due within one year 7 213,032 249,296
NET CURRENT ASSETS 266,810 253,294
TOTAL ASSETS LESS CURRENT
LIABILITIES

282,028

287,014

CREDITORS
Amounts falling due after more than
one year

8

(18,450

)

(28,367

)

PROVISIONS FOR LIABILITIES (1,148 ) (4,507 )
NET ASSETS 262,430 254,140

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 262,330 254,040
262,430 254,140

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Foyleview Limited (Registered number: 10518054)

Balance Sheet - continued
30 November 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 21 August 2024 and were signed by:





R McGinnis - Director


Foyleview Limited (Registered number: 10518054)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Foyleview 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover
Turnover represents income from the organisation of events, excluding value added tax.

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 etc - 33% on cost and 15% on cost

Financial instruments
Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

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.

Foyleview Limited (Registered number: 10518054)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 48,747
Additions 4,887
Disposals (23,750 )
At 30 November 2023 29,884
DEPRECIATION
At 1 December 2022 25,027
Charge for year 3,202
Eliminated on disposal (3,563 )
At 30 November 2023 24,666
NET BOOK VALUE
At 30 November 2023 5,218
At 30 November 2022 23,720

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 December 2022
and 30 November 2023 10,000
NET BOOK VALUE
At 30 November 2023 10,000
At 30 November 2022 10,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Amounts owed by associates 64,884 20,000
Other debtors 33,833 35,215
98,717 55,215

Foyleview Limited (Registered number: 10518054)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 10,648 10,648
Trade creditors 2,700 -
Amounts owed to associates 158,981 184,741
Taxation and social security 37,767 47,062
Other creditors 2,936 6,845
213,032 249,296

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans 18,450 28,367

9. RELATED PARTY DISCLOSURES

Included in debtors at 30 November 2023 is £64,884 owed from related parties under common control (2022 £20,000). The loan is repayable on demand and interest free.

Included in creditors at 30 November 2023 is £158,981 owed to related parties under common control (2022 £184,741). The loans are repayable on demand and interest free.