Company Registration No. 12369951 (England and Wales)
FOWEY RIVER GALLERY LIMITED
Unaudited accounts
for the year ended 31 March 2024
FOWEY RIVER GALLERY LIMITED
Unaudited accounts
Contents
FOWEY RIVER GALLERY LIMITED
Company Information
for the year ended 31 March 2024
Directors
Andrew Dellow
Mrs Mandi Dellow
Company Number
12369951 (England and Wales)
Registered Office
WATERLOO HOUSE
38A FORE STREET
FOWEY
CORNWALL
PL23 1AQ
ENGLAND
Accountants
SG ACCOUNTANCY
102 TREVERBYN ROAD
CARCLAZE IND ESTATE
ST AUSTELL
CORNWALL
PL25 4EW
FOWEY RIVER GALLERY LIMITED
Statement of financial position
as at 31 March 2024
Intangible assets
150,000
150,000
Tangible assets
3,386
4,373
Cash at bank and in hand
8,576
12,219
Creditors: amounts falling due within one year
(200,728)
(181,915)
Net current liabilities
(147,629)
(136,331)
Called up share capital
1,000
1,000
Profit and loss account
4,757
17,042
Shareholders' funds
5,757
18,042
For the year ending 31 March 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 21 September 2024 and were signed on its behalf by
Mrs Mandi Dellow
Director
Company Registration No. 12369951
FOWEY RIVER GALLERY LIMITED
Notes to the Accounts
for the year ended 31 March 2024
FOWEY RIVER GALLERY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12369951. The registered office is WATERLOO HOUSE, 38A FORE STREET, FOWEY, CORNWALL, PL23 1AQ, ENGLAND.
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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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
FOWEY RIVER GALLERY LIMITED
Notes to the Accounts
for the year ended 31 March 2024
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Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Accrued income and prepayments
9,840
9,498
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
9,666
4,518
Taxes and social security
169
549
Loans from directors
184,443
171,943
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).