IRIS Accounts Production v24.2.0.383 02490789 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh024907892022-12-31024907892023-12-31024907892023-01-012023-12-31024907892022-06-30024907892022-07-012022-12-31024907892022-12-3102490789ns15:EnglandWales2023-01-012023-12-3102490789ns14:PoundSterling2023-01-012023-12-3102490789ns10:Director12023-01-012023-12-3102490789ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3102490789ns10:SmallEntities2023-01-012023-12-3102490789ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3102490789ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3102490789ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3102490789ns10:FullAccounts2023-01-012023-12-310249078912023-01-012023-12-3102490789ns10:OrdinaryShareClass12023-01-012023-12-3102490789ns10:Director22023-01-012023-12-3102490789ns10:RegisteredOffice2023-01-012023-12-3102490789ns5:CurrentFinancialInstruments2023-12-3102490789ns5:CurrentFinancialInstruments2022-12-3102490789ns5:ShareCapital2023-12-3102490789ns5:ShareCapital2022-12-3102490789ns5:RetainedEarningsAccumulatedLosses2023-12-3102490789ns5:RetainedEarningsAccumulatedLosses2022-12-3102490789ns5:NetGoodwill2023-01-012023-12-3102490789ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3102490789ns5:LongLeaseholdAssetsns5:LandBuildings2023-01-012023-12-3102490789ns5:PlantMachinery2023-01-012023-12-3102490789ns5:FurnitureFittings2023-01-012023-12-3102490789ns5:MotorVehicles2023-01-012023-12-3102490789ns5:ComputerEquipment2023-01-012023-12-3102490789ns5:NetGoodwill2022-12-3102490789ns5:NetGoodwill2023-12-3102490789ns5:NetGoodwill2022-12-3102490789ns5:LongLeaseholdAssetsns5:LandBuildings2022-12-3102490789ns5:LeaseholdImprovements2022-12-3102490789ns5:PlantMachinery2022-12-3102490789ns5:LeaseholdImprovements2023-01-012023-12-3102490789ns5:LongLeaseholdAssetsns5:LandBuildings2023-12-3102490789ns5:LeaseholdImprovements2023-12-3102490789ns5:PlantMachinery2023-12-3102490789ns5:LongLeaseholdAssetsns5:LandBuildings2022-12-3102490789ns5:LeaseholdImprovements2022-12-3102490789ns5:PlantMachinery2022-12-3102490789ns5:FurnitureFittings2022-12-3102490789ns5:MotorVehicles2022-12-3102490789ns5:ComputerEquipment2022-12-3102490789ns5:FurnitureFittings2023-12-3102490789ns5:MotorVehicles2023-12-3102490789ns5:ComputerEquipment2023-12-3102490789ns5:FurnitureFittings2022-12-3102490789ns5:MotorVehicles2022-12-3102490789ns5:ComputerEquipment2022-12-3102490789ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3102490789ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3102490789ns5:CurrentFinancialInstruments2023-01-012023-12-3102490789ns5:DeferredTaxation2022-12-3102490789ns5:DeferredTaxation2023-12-3102490789ns10:OrdinaryShareClass12023-12-31
















FIKKERTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






FIKKERTS LIMITED (REGISTERED NUMBER: 02490789)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FIKKERTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: R N Fikkert
Mrs J Fikkert





REGISTERED OFFICE: The Design Studio
Royd Ings Avenue
Keighley
BD21 4BZ





REGISTERED NUMBER: 02490789 (England and Wales)





ACCOUNTANTS: Wilkinson and Partners
Moors House
11 South Hawksworth Street
Ilkley
West Yorkshire
LS29 9DX

FIKKERTS LIMITED (REGISTERED NUMBER: 02490789)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 36,234 41,410
Tangible assets 5 208,371 144,563
244,605 185,973

CURRENT ASSETS
Stocks 629,112 485,859
Debtors 6 234,026 279,509
Cash at bank and in hand 129,525 108,500
992,663 873,868
CREDITORS
Amounts falling due within one year 7 140,622 138,931
NET CURRENT ASSETS 852,041 734,937
TOTAL ASSETS LESS CURRENT LIABILITIES 1,096,646 920,910

PROVISIONS FOR LIABILITIES 8 44,245 20,971
NET ASSETS 1,052,401 899,939

CAPITAL AND RESERVES
Called up share capital 9 10,000 10,000
Retained earnings 1,042,401 889,939
SHAREHOLDERS' FUNDS 1,052,401 899,939

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

FIKKERTS LIMITED (REGISTERED NUMBER: 02490789)

BALANCE SHEET - continued
31 DECEMBER 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 March 2024 and were signed on its behalf by:





R N Fikkert - Director


FIKKERTS LIMITED (REGISTERED NUMBER: 02490789)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Fikkerts 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.

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.

Changes in accounting policies
Goodwill in previous years has not been amortised. Accounting policy has been changed this year to depreciate goodwill on a a straight line over ten years, this is considered prudent by management.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill of £51,762 is being depreciated on a straight line basis over ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 10% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.


FIKKERTS LIMITED (REGISTERED NUMBER: 02490789)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2022 - 20 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 51,762
AMORTISATION
At 1 January 2023 10,352
Amortisation for year 5,176
At 31 December 2023 15,528
NET BOOK VALUE
At 31 December 2023 36,234
At 31 December 2022 41,410

FIKKERTS LIMITED (REGISTERED NUMBER: 02490789)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. TANGIBLE FIXED ASSETS
Improvements
Long to Plant and
leasehold property machinery
£    £    £   
COST
At 1 January 2023 118,396 21,910 299,072
Additions - 5,641 81,988
At 31 December 2023 118,396 27,551 381,060
DEPRECIATION
At 1 January 2023 118,396 3,082 197,031
Charge for year - 2,755 18,404
At 31 December 2023 118,396 5,837 215,435
NET BOOK VALUE
At 31 December 2023 - 21,714 165,625
At 31 December 2022 - 18,828 102,041

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 93,050 20,185 5,053 557,666
Additions 395 - 526 88,550
At 31 December 2023 93,445 20,185 5,579 646,216
DEPRECIATION
At 1 January 2023 71,578 20,185 2,831 413,103
Charge for year 2,187 - 1,396 24,742
At 31 December 2023 73,765 20,185 4,227 437,845
NET BOOK VALUE
At 31 December 2023 19,680 - 1,352 208,371
At 31 December 2022 21,472 - 2,222 144,563

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 64,162 113,268
Directors' current accounts 143,326 158,805
Prepayments 26,538 7,436
234,026 279,509

FIKKERTS LIMITED (REGISTERED NUMBER: 02490789)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 47,257 29,086
Tax 45,171 69,635
Social security and other taxes 5,872 11,032
VAT 28,948 19,177
Other creditors 1,433 1,534
Directors' current accounts - 5,604
Accrued expenses 11,941 2,863
140,622 138,931

Loans from directors are interest free and repayable on demand.

8. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 44,245 20,971

Deferred
tax
£   
Balance at 1 January 2023 20,971
Accelerated capital allowances 23,274
Balance at 31 December 2023 44,245

The entire provision for deferred tax relates to accelerated capital allowances.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
10,000 Ordinary 1.00 10,000 10,000