1 May 2023 false No description of principal activity Taxfiler 2024.5 04719691business:PrivateLimitedCompanyLtd2023-05-012024-04-30 047196912023-04-30 047196912023-05-012024-04-30 04719691business:AuditExemptWithAccountantsReport2023-05-012024-04-30 04719691business:FilletedAccounts2023-05-012024-04-30 047196912024-04-30 047196912023-04-30 04719691core:WithinOneYear2024-04-30 04719691core:WithinOneYear2023-04-30 04719691core:AfterOneYear2024-04-30 04719691core:AfterOneYear2023-04-30 04719691core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 04719691core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 04719691core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 04719691core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 04719691core:PreviouslyStatedAmount2024-04-30 04719691core:PreviouslyStatedAmount2023-04-30 04719691business:SmallEntities2023-05-012024-04-30 04719691business:Director12023-05-012024-04-30 04719691countries:EnglandWales2023-05-012024-04-30 04719691business:RegisteredOffice2023-05-012024-04-30 04719691core:LandBuildings2023-05-012024-04-30 04719691core:FurnitureFittings2023-05-012024-04-30 04719691core:ComputerEquipment2023-05-012024-04-30 04719691core:LandBuildings2023-04-30 04719691core:FurnitureFittings2023-04-30 04719691core:ComputerEquipment2023-04-30 04719691core:LandBuildings2024-04-30 04719691core:FurnitureFittings2024-04-30 04719691core:ComputerEquipment2024-04-30 04719691core:WithinOneYear2023-05-012024-04-30 04719691core:MoreThanFiveYears2024-04-30 04719691core:MoreThanFiveYears2023-04-30 04719691core:AfterOneYear2023-05-012024-04-30 047196912022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 04719691 (England and Wales)
D J Fox & Associates Ltd Unaudited accounts for the year ended 30 April 2024
D J Fox & Associates Ltd Unaudited accounts Contents
Page
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D J Fox & Associates Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,507 
25,832 
Current assets
Inventories
539,439 
435,758 
Debtors
231,086 
238,974 
Cash at bank and in hand
376,079 
573,139 
1,146,604 
1,247,871 
Creditors: amounts falling due within one year
(192,672)
(230,871)
Net current assets
953,932 
1,017,000 
Total assets less current liabilities
971,439 
1,042,832 
Creditors: amounts falling due after more than one year
(27,820)
(33,516)
Net assets
943,619 
1,009,316 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
943,609 
1,009,306 
Shareholders' funds
943,619 
1,009,316 
For the year ending 30 April 2024 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 23 August 2024 and were signed on its behalf by
Debra Fox Director Company Registration No. 04719691
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D J Fox & Associates Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
D J Fox & Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 04719691. The registered office is 2 Bailey Hill, Castle Cary, Somerset, BA7 7AD, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% straight line
Fixtures & fittings
25% straight line
Computer equipment
33% straight line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Inventories
Work in progress is stated at net realisable value.
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D J Fox & Associates Ltd Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
31,489 
15,411 
10,438 
57,338 
Additions
- 
1,264 
269 
1,533 
Disposals
- 
(2,087)
- 
(2,087)
At 30 April 2024
31,489 
14,588 
10,707 
56,784 
Depreciation
At 1 May 2023
22,043 
4,032 
5,431 
31,506 
Charge for the year
3,149 
3,685 
3,024 
9,858 
On disposals
- 
(2,087)
- 
(2,087)
At 30 April 2024
25,192 
5,630 
8,455 
39,277 
Net book value
At 30 April 2024
6,297 
8,958 
2,252 
17,507 
At 30 April 2023
9,446 
11,379 
5,007 
25,832 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
228,086 
235,974 
Other debtors
3,000 
3,000 
231,086 
238,974 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,976 
5,836 
VAT
71,476 
87,879 
Trade creditors
58,629 
60,387 
Taxes and social security
24,445 
56,802 
Other creditors
696 
345 
Loans from directors
1,021 
642 
Accruals
30,429 
18,980 
192,672 
230,871 
The bank loan is secured against the company's assets.
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
27,820 
33,516 
Aggregate of amounts that fall due for payment after five years
- 
8,658 
The bank loan is secured against the company's assets.
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D J Fox & Associates Ltd Notes to the Accounts for the year ended 30 April 2024
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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