Company Registration No. 2995571 (England and Wales)
Fox glove Contracting Limited
Unaudited accounts
for the year ended 31 December 2023
Fox glove Contracting Limited
Unaudited accounts
Contents
Fox glove Contracting Limited
Company Information
for the year ended 31 December 2023
Directors
David Netherway
David S Netherway
Company Number
2995571 (England and Wales)
Registered Office
The Barns
Honeydon Road
Colmworth
Beds
MK44 2LY
Fox glove Contracting Limited
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
88,595
117,557
Creditors: amounts falling due within one year
(41,521)
(69,373)
Net current assets
241,511
254,621
Total assets less current liabilities
285,018
309,378
Provisions for liabilities
Net assets
285,018
307,578
Called up share capital
4
4
Profit and loss account
285,014
307,574
Shareholders' funds
285,018
307,578
For the year ending 31 December 2023 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 16 September 2024 and were signed on its behalf by
David Netherway
Director
Company Registration No. 2995571
Fox glove Contracting Limited
Notes to the Accounts
for the year ended 31 December 2023
Fox glove Contracting Limited is a private company, limited by shares, registered in England and Wales, registration number 2995571. The registered office is The Barns, Honeydon Road, Colmworth, Beds, MK44 2LY.
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
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2023
1,666
45,000
46,666
At 31 December 2023
1,666
45,000
46,666
At 1 January 2023
1,666
33,750
35,416
Charge for the year
-
11,250
11,250
At 31 December 2023
1,666
45,000
46,666
At 31 December 2022
-
11,250
11,250
5
Investments
Other investments
Valuation at 1 January 2023
43,507
Valuation at 31 December 2023
43,507
Fox glove Contracting Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Other debtors
190,425
204,894
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
9,162
Loans from directors
41,521
60,211
8
Transactions with related parties
At 31st December 2023 the company was owed £190,425 (2022 - £204,894) by William Loxley Ltd, a Company in which the Director, Mr David Netherway has a 50% shareholding.
9
Average number of employees
During the year the average number of employees was 1 (2022: 2).