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REGISTERED NUMBER: 11523896 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Fletchergate Industries Ltd

Fletchergate Industries Ltd (Registered number: 11523896)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Fletchergate Industries Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: D R Ellis
C Guest
A Pereira





REGISTERED OFFICE: Das Kino
22 Fletcher Gate
Nottingham
Nottinghamshire
NG1 2FZ





REGISTERED NUMBER: 11523896 (England and Wales)





ACCOUNTANTS: Beaumont Chapman Limited
Foxhall Lodge
Foxhall Road
Nottingham
Nottinghamshire
NG7 6LH

Fletchergate Industries Ltd (Registered number: 11523896)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 18,333 -
Tangible assets 5 23,769 5,343
42,102 5,343

CURRENT ASSETS
Debtors 6 26,763 76,664
Cash at bank 51,857 14,790
78,620 91,454
CREDITORS
Amounts falling due within one year 7 77,494 94,707
NET CURRENT ASSETS/(LIABILITIES) 1,126 (3,253 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,228

2,090

CREDITORS
Amounts falling due after more than
one year

8

(30,396

)

-

PROVISIONS FOR LIABILITIES (5,942 ) (1,335 )
NET ASSETS 6,890 755

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 6,887 752
6,890 755

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Fletchergate Industries Ltd (Registered number: 11523896)

Balance Sheet - continued
31 March 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:





D R Ellis - Director


Fletchergate Industries Ltd (Registered number: 11523896)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Fletchergate Industries Ltd 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.

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

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

Fletchergate Industries Ltd (Registered number: 11523896)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

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 16 (2023 - 17 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 20,000
At 31 March 2024 20,000
AMORTISATION
Charge for year 1,667
At 31 March 2024 1,667
NET BOOK VALUE
At 31 March 2024 18,333

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 20,220
Additions 22,278
At 31 March 2024 42,498
DEPRECIATION
At 1 April 2023 14,877
Charge for year 3,852
At 31 March 2024 18,729
NET BOOK VALUE
At 31 March 2024 23,769
At 31 March 2023 5,343

Fletchergate Industries Ltd (Registered number: 11523896)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 18,359 69,101
Other debtors 8,404 7,563
26,763 76,664

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 6,455 42,307
Trade creditors 8,068 2,292
Taxation and social security 43,591 44,708
Other creditors 19,380 5,400
77,494 94,707

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 30,396 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 4,576 -

Fletchergate Industries Ltd (Registered number: 11523896)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. RELATED PARTY DISCLOSURES


During the period the company made sales to the following companies where the directors and shareholders have a significant interest. The following charges were made:






Invoices to
31.3.24


Invoices to
31.3.23
Balance
outstanding
as at
31.3.24

Balance
outstanding
at 31.3.23
££££
Audacity Leisure Limited133,428136,2442,36612,598
EQ Entertainment Limited63,69280,3881,9556,290
Nonagon Limited45,87647,991(4,254)4,715
Panegyric Limited149,020140,313(791)13,904
Shards Limited44,84439,3121,1344,833
Our Secret Garden Limited82,53985,8683,9364,737
Legends Beeston Limited77,83873,7574,3546,825
Weekday Cross Limited69,83363,8154,2376,436
DDC Equipment Hire Limited46,55744,0151674,699
Fletchergate Promotions Limited3,375nil1,043nil

During the period, Audacity Leisure Limited a company who the directors have a significant influence in sold goods and services of £1,910 (2023: £5,078l).

During the period, DDC Investments Limited a company who the directors have a significant influence in sold goods and services of £nil (2023: £1,701).

During the period Our Secret Garden Limited a company who the directors have a significant influence in sold goods and services to Fletchergate Industries Limited of £3,710 (2023, £nil).

During the period, Weekday Cross Limited a company who the directors have a significant influence in sold goods and services of £4,892 (2023: £nil).

10. ULTIMATE CONTROLLING PARTY

The company is controlled jointly by all the Directors.