Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2022 1 July 2021 false 1 July 2022 30 June 2023 30 June 2023 10210982 Mr Gary Fuggle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10210982 2022-06-30 10210982 2023-06-30 10210982 2022-07-01 2023-06-30 10210982 frs-core:CurrentFinancialInstruments 2023-06-30 10210982 frs-core:Non-currentFinancialInstruments 2023-06-30 10210982 frs-core:MotorVehicles 2023-06-30 10210982 frs-core:MotorVehicles 2022-07-01 2023-06-30 10210982 frs-core:MotorVehicles 2022-06-30 10210982 frs-core:OtherReservesSubtotal 2023-06-30 10210982 frs-core:ShareCapital 2023-06-30 10210982 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 10210982 frs-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 10210982 frs-bus:FilletedAccounts 2022-07-01 2023-06-30 10210982 frs-bus:SmallEntities 2022-07-01 2023-06-30 10210982 frs-bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 10210982 frs-bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 10210982 frs-bus:Director1 2022-07-01 2023-06-30 10210982 frs-core:CurrentFinancialInstruments 3 2023-06-30 10210982 frs-countries:EnglandWales 2022-07-01 2023-06-30 10210982 2021-06-30 10210982 2022-06-30 10210982 2021-07-01 2022-06-30 10210982 frs-core:CurrentFinancialInstruments 2022-06-30 10210982 frs-core:Non-currentFinancialInstruments 2022-06-30 10210982 frs-core:OtherReservesSubtotal 2022-06-30 10210982 frs-core:ShareCapital 2022-06-30 10210982 frs-core:RetainedEarningsAccumulatedLosses 2022-06-30 10210982 frs-core:CurrentFinancialInstruments 3 2022-06-30
Registered number: 10210982
Fuggle Brothers Limited
Financial Statements
For The Year Ended 30 June 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10210982
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,447 6,447
6,447 6,447
CURRENT ASSETS
Debtors 5 3,350 9,550
Cash at bank and in hand 6,250 124
9,600 9,674
Creditors: Amounts Falling Due Within One Year 6 (13,755 ) (30,625 )
NET CURRENT ASSETS (LIABILITIES) (4,155 ) (20,951 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,292 (14,504 )
NET ASSETS/(LIABILITIES) 2,292 (14,504 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Other reserves 52,983 37,354
Profit and Loss Account (50,791 ) (51,958 )
SHAREHOLDERS' FUNDS 2,292 (14,504)
Page 1
Page 2
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Gary Fuggle
Director
31/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Fuggle Brothers Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10210982 . The registered office is 34 Warren Way, Folkestone, Kent, CT19 6DT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 8058
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 July 2022 23,000
As at 30 June 2023 23,000
Depreciation
As at 1 July 2022 16,553
As at 30 June 2023 16,553
Net Book Value
As at 30 June 2023 6,447
As at 1 July 2022 6,447
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Due after more than one year
Trade debtors 3,350 9,550
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bounce back loan 13,000 15,000
Accounting fee 755 625
Director's loan account - 15,000
13,755 30,625
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4