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Company Registration No. 13726074 (England and Wales)
Foxtrot Estates Ltd Unaudited accounts for the year ended 30 November 2023
Foxtrot Estates Ltd Unaudited accounts Contents
Page
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Foxtrot Estates Ltd Company Information for the year ended 30 November 2023
Directors
J Taub S Monheit
Company Number
13726074 (England and Wales)
Registered Office
88 Wildwood Road London NW11 6UJ
Accountants
Clearfin Accountants Limited Churchill House 137-139 Brent Street London NW4 4DJ
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Foxtrot Estates Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
232,356 
222,356 
Debtors
56,258 
6,350 
Cash at bank and in hand
2,301 
40,506 
290,915 
269,212 
Creditors: amounts falling due within one year
(5,950)
(11,115)
Net current assets
284,965 
258,097 
Total assets less current liabilities
284,965 
258,097 
Creditors: amounts falling due after more than one year
(310,660)
(274,685)
Net liabilities
(25,695)
(16,588)
Capital and reserves
Called up share capital
100 
- 
Profit and loss account
(25,795)
(16,588)
Shareholders' funds
(25,695)
(16,588)
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 30 August 2024 and were signed on its behalf by
S Monheit Director Company Registration No. 13726074
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Foxtrot Estates Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Foxtrot Estates Ltd is a private company, limited by shares, registered in England and Wales, registration number 13726074. The registered office is 88 Wildwood Road, London, NW11 6UJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Inventories
2023 
2022 
£ 
£ 
Finished goods
232,356 
222,356 
232,356 
222,356 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
31,208 
- 
Other debtors
25,050 
6,350 
56,258 
6,350 
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Foxtrot Estates Ltd Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
215 
Loans from directors
4,950 
10,000 
Accruals
1,000 
900 
5,950 
11,115 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
310,660 
274,685 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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