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REGISTERED NUMBER: 11199686 (England and Wales)








Unaudited Financial Statements

for the Period

1 March 2023 to 31 July 2024

for

Fry Builders Ltd

Fry Builders Ltd (Registered number: 11199686)

Contents of the Financial Statements
for the Period 1 March 2023 to 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Fry Builders Ltd

Company Information
for the Period 1 March 2023 to 31 July 2024







DIRECTORS: J M Fry
B Fry
M Fry





REGISTERED OFFICE: 81-83 Church Street
Basingstoke
Hampshire
RG21 7QT





REGISTERED NUMBER: 11199686 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

Fry Builders Ltd (Registered number: 11199686)

Balance Sheet
31 July 2024

31.7.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,969 22,779

CURRENT ASSETS
Debtors 5 10,221 16,011
Cash at bank 91,106 123,642
101,327 139,653
CREDITORS
Amounts falling due within one year 6 92,799 142,032
NET CURRENT ASSETS/(LIABILITIES) 8,528 (2,379 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,497

20,400

PROVISIONS FOR LIABILITIES 8 4,127 4,328
NET ASSETS 21,370 16,072

CAPITAL AND RESERVES
Called up share capital 9 10 3
Retained earnings 21,360 16,069
SHAREHOLDERS' FUNDS 21,370 16,072

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Fry Builders Ltd (Registered number: 11199686)

Balance Sheet - continued
31 July 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 August 2024 and were signed on its behalf by:





J M Fry - Director


Fry Builders Ltd (Registered number: 11199686)

Notes to the Financial Statements
for the Period 1 March 2023 to 31 July 2024


1. STATUTORY INFORMATION

Fry Builders Ltd 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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, adjusted for indexation where applicable.

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 period 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.

Fry Builders Ltd (Registered number: 11199686)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 31 July 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2023 62,340 - 62,340
Additions - 3,496 3,496
At 31 July 2024 62,340 3,496 65,836
DEPRECIATION
At 1 March 2023 39,561 - 39,561
Charge for period 8,068 1,238 9,306
At 31 July 2024 47,629 1,238 48,867
NET BOOK VALUE
At 31 July 2024 14,711 2,258 16,969
At 28 February 2023 22,779 - 22,779

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 28.2.23
£    £   
Trade debtors 110 -
Amounts owed by group undertakings 8 -
Other debtors 10,103 16,011
10,221 16,011

Fry Builders Ltd (Registered number: 11199686)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 31 July 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 28.2.23
£    £   
Trade creditors - 39,599
Taxation and social security 79,498 92,161
Other creditors 13,301 10,272
92,799 142,032

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.7.24 28.2.23
£    £   
Within one year 4,986 -
Between one and five years 4,155 -
9,141 -

8. PROVISIONS FOR LIABILITIES
31.7.24 28.2.23
£    £   
Deferred tax 4,127 4,328

Deferred
tax
£   
Balance at 1 March 2023 4,328
Accelerated capital allowances (201 )
Balance at 31 July 2024 4,127

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 28.2.23
value: £    £   
3 Ordinary £1 10 3