Company Registration No. 07059474 (England and Wales)
Fitzgerald Building Services Limited
Unaudited accounts
for the year ended 30 November 2023
Fitzgerald Building Services Limited
Unaudited accounts
Contents
Fitzgerald Building Services Limited
Company Information
for the year ended 30 November 2023
Directors
Mr I N Fitzgerald
Mr C J Fitzgerald
Secretary
Mrs C A Fitzgerald
Company Number
07059474 (England and Wales)
Registered Office
Fitzgerald Building Services Ltd
Trident Court
1 Oakcroft Road
Chessington
Surrey
KT9 1BD
England
Accountants
Marble Hill Accountants Ltd
193 Richmond Road
Twickenham
Middlesex
TW1 2NJ
Fitzgerald Building Services Limited
Statement of financial position
as at 30 November 2023
Tangible assets
26,191
9,434
Cash at bank and in hand
685,342
107,649
Creditors: amounts falling due within one year
(503,425)
(322,961)
Net current assets
400,821
41,012
Called up share capital
2
2
Profit and loss account
427,010
50,444
Shareholders' funds
427,012
50,446
For the year ending 30 November 2023 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 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 of Directors and authorised for issue on 12 August 2024 and were signed on its behalf by
Mr I N Fitzgerald
Director
Company Registration No. 07059474
Fitzgerald Building Services Limited
Notes to the Accounts
for the year ended 30 November 2023
Fitzgerald Building Services Limited is a private company, limited by shares, registered in England and Wales, registration number 07059474. The registered office is Fitzgerald Building Services Ltd, Trident Court, 1 Oakcroft Road, Chessington, Surrey, KT9 1BD, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% on cost per annum
Motor vehicles
25% on reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Fitzgerald Building Services Limited
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2022
21,164
27,400
48,564
Additions
266
26,490
26,756
At 30 November 2023
21,430
53,890
75,320
At 1 December 2022
17,955
21,175
39,130
Charge for the year
1,820
8,179
9,999
At 30 November 2023
19,775
29,354
49,129
At 30 November 2023
1,655
24,536
26,191
At 30 November 2022
3,209
6,225
9,434
Amounts falling due within one year
Trade debtors
216,975
254,395
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
223,926
92,826
Other creditors
27,025
30,048
Loans from directors
67,005
11,481
7
Transactions with related parties
Fitzgerald Building Services Ltd owes Surrey Clad Ltd £24,700. Surrey Clad Ltd is controlled by I Fitzgerald and C Fitzgerald directors and shareholders.
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).