IRIS Accounts Production v24.2.0.383 01416908 director 1.3.23 29.2.24 29.2.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh014169082023-02-28014169082024-02-29014169082023-03-012024-02-29014169082022-02-28014169082022-03-012023-02-28014169082023-02-2801416908ns15:EnglandWales2023-03-012024-02-2901416908ns14:PoundSterling2023-03-012024-02-2901416908ns10:Director12023-03-012024-02-2901416908ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2901416908ns10:SmallEntities2023-03-012024-02-2901416908ns10:AuditExemptWithAccountantsReport2023-03-012024-02-2901416908ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2901416908ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2901416908ns10:FullAccounts2023-03-012024-02-2901416908ns10:RegisteredOffice2023-03-012024-02-2901416908ns5:CurrentFinancialInstruments2024-02-2901416908ns5:CurrentFinancialInstruments2023-02-2801416908ns5:ShareCapital2024-02-2901416908ns5:ShareCapital2023-02-2801416908ns5:RetainedEarningsAccumulatedLosses2024-02-2901416908ns5:RetainedEarningsAccumulatedLosses2023-02-2801416908ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-03-012024-02-2901416908ns5:PlantMachinery2023-03-012024-02-2901416908ns5:FurnitureFittings2023-03-012024-02-2901416908ns5:MotorVehicles2023-03-012024-02-2901416908ns5:ComputerEquipment2023-03-012024-02-2901416908ns5:LandBuildings2023-02-2801416908ns5:PlantMachinery2023-02-2801416908ns5:FurnitureFittings2023-02-2801416908ns5:LandBuildings2023-03-012024-02-2901416908ns5:LandBuildings2024-02-2901416908ns5:PlantMachinery2024-02-2901416908ns5:FurnitureFittings2024-02-2901416908ns5:LandBuildings2023-02-2801416908ns5:PlantMachinery2023-02-2801416908ns5:FurnitureFittings2023-02-2801416908ns5:MotorVehicles2023-02-2801416908ns5:ComputerEquipment2023-02-2801416908ns5:MotorVehicles2024-02-2901416908ns5:ComputerEquipment2024-02-2901416908ns5:MotorVehicles2023-02-2801416908ns5:ComputerEquipment2023-02-2801416908ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2901416908ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-28
REGISTERED NUMBER: 01416908 (England and Wales)














Unaudited Financial Statements

for the Year Ended 29 February 2024

for

G.E. & G.E. Fisher Limited

G.E. & G.E. Fisher Limited (Registered number: 01416908)

Contents of the Financial Statements
for the Year Ended 29 February 2024










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3 to 4

Notes to the financial statements 5 to 7


G.E. & G.E. Fisher Limited

Company Information
for the Year Ended 29 February 2024







Director: P A Fisher





Registered office: Baggisher
12 Knights End Road
March
Cambridgeshire
PE15 9QA





Registered number: 01416908 (England and Wales)





Accountants: Moore Thompson
Monica House
St Augustines Road
Wisbech
Cambridgeshire
PE13 3AD

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
G.E. & G.E. Fisher Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of G.E. & G.E. Fisher Limited for the year ended 29 February 2024 which comprise the Income statement, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of G.E. & G.E. Fisher Limited in accordance with the terms of our engagement letter dated 12 March 2019. Our work has been undertaken solely to prepare for your approval the financial statements of G.E. & G.E. Fisher Limited and state those matters that we have agreed to state to the director of G.E. & G.E. Fisher Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than G.E. & G.E. Fisher Limited and its director for our work or for this report.

It is your duty to ensure that G.E. & G.E. Fisher Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of G.E. & G.E. Fisher Limited. You consider that G.E. & G.E. Fisher Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of G.E. & G.E. Fisher Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Thompson
Monica House
St Augustines Road
Wisbech
Cambridgeshire
PE13 3AD


4 July 2024

G.E. & G.E. Fisher Limited (Registered number: 01416908)

Statement of Financial Position
29 February 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 5 147,840 147,898
Investments 6 21,050 21,050
168,890 168,948

Current assets
Debtors 7 6,741 921
Cash at bank 179,290 80,054
186,031 80,975
Creditors
Amounts falling due within one year 8 13,532 25,798
Net current assets 172,499 55,177
Total assets less current liabilities 341,389 224,125

Provisions for liabilities 32,646 32,660
Net assets 308,743 191,465

G.E. & G.E. Fisher Limited (Registered number: 01416908)

Statement of Financial Position - continued
29 February 2024

2024 2023
Notes £    £    £    £   

Capital and reserves
Called up share capital 100 100
Retained earnings 308,643 191,365
308,743 191,465

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 4 July 2024 and were signed by:





P A Fisher - Director


G.E. & G.E. Fisher Limited (Registered number: 01416908)

Notes to the Financial Statements
for the Year Ended 29 February 2024


1. Statutory information

G.E. & G.E. Fisher Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents rental income, exclusive of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Not depreciated
Plant and machinery - 20% on a straight line basis
Fixtures and fittings - 20% on a straight line basis and Not depreciated
Motor vehicles - 20% on a straight line basis
Computer equipment - 20% on a straight line basis

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

G.E. & G.E. Fisher Limited (Registered number: 01416908)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


4. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

5. Tangible fixed assets
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
Cost
At 1 March 2023 17,258 12,426 254,297
Additions - 600 -
Disposals - (8,346 ) (124,297 )
At 29 February 2024 17,258 4,680 130,000
Depreciation
At 1 March 2023 - 12,152 124,297
Charge for year - 292 -
Eliminated on disposal - (8,346 ) (124,297 )
At 29 February 2024 - 4,098 -
Net book value
At 29 February 2024 17,258 582 130,000
At 28 February 2023 17,258 274 130,000

Motor Computer
vehicles equipment Totals
£    £    £   
Cost
At 1 March 2023 27,366 11,397 322,744
Additions - - 600
Disposals (27,366 ) (9,456 ) (169,465 )
At 29 February 2024 - 1,941 153,879
Depreciation
At 1 March 2023 27,365 11,032 174,846
Charge for year - 365 657
Eliminated on disposal (27,365 ) (9,456 ) (169,464 )
At 29 February 2024 - 1,941 6,039
Net book value
At 29 February 2024 - - 147,840
At 28 February 2023 1 365 147,898

G.E. & G.E. Fisher Limited (Registered number: 01416908)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


6. Fixed asset investments

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Unlisted company shares 21,050 21,050

7. Debtors: amounts falling due within one year
2024 2023
£    £   
Directors' loan accounts 5,667 -
VAT 614 470
Prepayments 460 451
6,741 921

8. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 123 290
Corporation tax 7,222 -
Social security and other taxes 386 234
Other creditors 5,801 6,056
Directors' loan accounts - 19,218
13,532 25,798

9. Director's advances, credits and guarantees

During the year the company provided the director with an unsecured, interest free loan. The aggregate amount loaned to the director during the year amounted to £5,667. The aggregate amount of the repayments made by the directors during the year amounted to £Nil. The amount outstanding at the balance sheet date was £5,667, this will be repaid by the director within nine months of the balance sheet date.