REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2024 |
for |
Fletchergate Industries Ltd |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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 |
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 |
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 |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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. |
Tangible fixed assets |
Plant and machinery etc | - |
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 |
4. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
assets |
£ |
COST |
Additions |
At 31 March 2024 |
AMORTISATION |
Charge for year |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 April 2023 |
Additions |
At 31 March 2024 |
DEPRECIATION |
At 1 April 2023 |
Charge for year |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
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 |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Bank loans |
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 Limited | 133,428 | 136,244 | 2,366 | 12,598 |
EQ Entertainment Limited | 63,692 | 80,388 | 1,955 | 6,290 |
Nonagon Limited | 45,876 | 47,991 | (4,254 | ) | 4,715 |
Panegyric Limited | 149,020 | 140,313 | (791 | ) | 13,904 |
Shards Limited | 44,844 | 39,312 | 1,134 | 4,833 |
Our Secret Garden Limited | 82,539 | 85,868 | 3,936 | 4,737 |
Legends Beeston Limited | 77,838 | 73,757 | 4,354 | 6,825 |
Weekday Cross Limited | 69,833 | 63,815 | 4,237 | 6,436 |
DDC Equipment Hire Limited | 46,557 | 44,015 | 167 | 4,699 |
Fletchergate Promotions Limited | 3,375 | nil | 1,043 | nil |
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. |