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Registered number: 14579500

Ferocious Fightwear Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2024


Ferocious Fightwear Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2024
DIRECTORS
Thomas Gotts
REGISTERED OFFICE
11 School Villas
Great Easton
Dunmow
Essex
CM6 2HA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 14579500

Ferocious Fightwear Limited

ACCOUNTS
FOR THEYEARENDED31/01/2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Ferocious Fightwear Limited

BALANCE SHEET AT 31/01/2024
2024
Notes£
FIXED ASSETS
Tangible assets3267
CURRENT ASSETS
Stock5,050
Cash at bank and in hand1,318
6,368
CREDITORS: Amounts falling due within one year511,869
NET CURRENT LIABILITIES(5,501)
TOTAL ASSETS LESS CURRENT LIABILITIES(5,234)
CAPITAL AND RESERVES
Called up share capital61
Profit and loss account(5,235)
SHAREHOLDERS' FUNDS(5,234)
For the year ending 31/01/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 07/10/2024 and signed on their behalf by
.............................
Thomas Gotts
Director

Ferocious Fightwear Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Going Concern
At the balance sheet date the company had net liabilities of £5,234. The director, as the largest creditor, believes that with his continued support the company has adequate resources to continue to operate. The director considers it appropriate to continue using the going concern basis in the preparation of the financial statements. The financial statements do not include any adjustments that would result if support from the director was not continued.
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentstraight line 33%
1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
2024
No.No.
Average number of employees1

Ferocious Fightwear Limited

3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
Additions400400
At 31/01/2024400400
Depreciation
For the year133133
At 31/01/2024133133
Net Book Amounts
At 31/01/2024267267
4. STOCK 2024
£
Stock comprises:
Stock5,050
5,050
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
£
Directors current account11,519
Accruals350
11,869
The director's loan is repayable on demand and interest free.
6. SHARE CAPITAL 2024
£
Allotted, issued and fully paid:
100 Ordinary shares of £.01 each1
1