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REGISTERED NUMBER: 13862529 (England and Wales)















Financial Statements for the Year Ended 31 January 2024

for

C Foden & Co Ltd

C Foden & Co Ltd (Registered number: 13862529)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


C Foden & Co Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: C Foden
Mrs E S Foden





REGISTERED OFFICE: Little Stones Fittleworth Road
Wisborough Green
Billingshurst
West Sussex
RH14 OHB





REGISTERED NUMBER: 13862529 (England and Wales)





ACCOUNTANTS: Geoffrey Cole & Co
4 Reading Road
Pangbourne
Reading
Berkshire
RG8 7LY

C Foden & Co Ltd (Registered number: 13862529)

Statement of Financial Position
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 341 564
Investment property 5 495,385 495,385
495,726 495,949

CURRENT ASSETS
Debtors 6 552 337
Cash at bank 63,629 9,285
64,181 9,622
CREDITORS
Amounts falling due within one year 7 543,074 501,078
NET CURRENT LIABILITIES (478,893 ) (491,456 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,833

4,493

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 16,733 4,393
16,833 4,493

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

C Foden & Co Ltd (Registered number: 13862529)

Statement of Financial Position - continued
31 January 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2024 and were signed on its behalf by:





C Foden - Director


C Foden & Co Ltd (Registered number: 13862529)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

C Foden & Co 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.

The financial statements have been prepared on a going concern basis, which assumes the company will continue in operational existence, and will be able to meet its liabilities as they fall due, for a period of at least twelve months from the date of approval of the financial statements.

The director has reviewed the financial position of the company and has a reasonable expectation that the company has adequate resources to continue to adopt the going concern basis of accounting in preparing the financial statements

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.
Plant and machinery etc - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

C Foden & Co Ltd (Registered number: 13862529)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 677
DEPRECIATION
At 1 February 2023 113
Charge for year 223
At 31 January 2024 336
NET BOOK VALUE
At 31 January 2024 341
At 31 January 2023 564

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 495,385
NET BOOK VALUE
At 31 January 2024 495,385
At 31 January 2023 495,385

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 552 337

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 238
Taxation and social security 2,995 1,122
Other creditors 540,079 499,718
543,074 501,078

8. RELATED PARTY DISCLOSURES

As at 31 January 2024 the company owed Sales Line Ltd, a company controlled by C Foden a Director, £375,286 (2023: £315,286). This loan is repayable on demand and no interest is charged.