Company Registration No. 4874080 (England and Wales)
FTC South West Limited
Unaudited accounts
for the year ended 31 January 2024
FTC South West Limited
Unaudited accounts
Contents
FTC South West Limited
Company Information
for the year ended 31 January 2024
Directors
K A Bleaken
R D Benson
V Benson
Company Number
4874080 (England and Wales)
Registered Office
The Clovers
The Drive
Charfield
Glos
GL12 8HX
Accountants
Parallel Accounting Ltd
8 Charis Avenue
Bristol
BS10 5JD
FTC South West Limited
Statement of financial position
as at 31 January 2024
Tangible assets
377,091
377,091
Cash at bank and in hand
21,898
61,230
Creditors: amounts falling due within one year
(116,218)
(114,468)
Net current liabilities
(93,707)
(52,626)
Total assets less current liabilities
283,384
324,465
Creditors: amounts falling due after more than one year
(34,502)
(108,254)
Net assets
248,882
216,211
Called up share capital
4
4
Profit and loss account
248,878
216,207
Shareholders' funds
248,882
216,211
For the year ending 31 January 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 20 September 2024 and were signed on its behalf by
V Benson
Director
Company Registration No. 4874080
FTC South West Limited
Notes to the Accounts
for the year ended 31 January 2024
FTC South West Limited is a private company, limited by shares, registered in England and Wales, registration number 4874080. The registered office is The Clovers, The Drive, Charfield, Glos, GL12 8HX.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Land & buildings
At 1 February 2023
407,863
At 31 January 2024
407,863
At 31 January 2024
377,091
At 31 January 2023
377,091
Amounts falling due within one year
FTC South West Limited
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
7,664
5,913
Loans from directors
105,264
105,265
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).