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REGISTERED NUMBER: 06096464 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

Facade Hoists Ltd

Facade Hoists Ltd (Registered number: 06096464)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Facade Hoists Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: G C Wilson
S J Wherry
G Milton
Mrs J D A Wilson





SECRETARY: S J Wherry





REGISTERED OFFICE: The Island House
Midsomer Norton
Radstock
Somerset
BA3 2DZ





REGISTERED NUMBER: 06096464 (England and Wales)





ACCOUNTANTS: King Watkins Ltd
The Island House
Midsomer Norton
Radstock
Somerset
BA3 2DZ

Facade Hoists Ltd (Registered number: 06096464)

Abridged Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 203,886 133,030

CURRENT ASSETS
Debtors 333,333 225,920
Cash at bank and in hand 506,985 551,162
840,318 777,082
CREDITORS
Amounts falling due within one year 362,254 277,235
NET CURRENT ASSETS 478,064 499,847
TOTAL ASSETS LESS CURRENT LIABILITIES 681,950 632,877

PROVISIONS FOR LIABILITIES 50,970 30,620
NET ASSETS 630,980 602,257

CAPITAL AND RESERVES
Called up share capital 12,200 12,200
Retained earnings 618,780 590,057
SHAREHOLDERS' FUNDS 630,980 602,257

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 23 September 2024 and were signed on its behalf by:





S J Wherry - Director


Facade Hoists Ltd (Registered number: 06096464)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Facade Hoists 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 20% residual value, 4 yrs straight line

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.

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 - 16 ) .

Facade Hoists Ltd (Registered number: 06096464)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2023 298,895
Additions 111,738
Disposals (21,499 )
At 30 June 2024 389,134
DEPRECIATION
At 1 July 2023 165,865
Charge for year 36,882
Eliminated on disposal (17,499 )
At 30 June 2024 185,248
NET BOOK VALUE
At 30 June 2024 203,886
At 30 June 2023 133,030

5. RELATED PARTY DISCLOSURES

G Wilson, S Wherry and G Milton are also directors of Facade Hoists (International) Ltd a company controlled by the same group of individuals as Facade Hoists Ltd.

The company rents property partly owned by The Wilson Family and companies they are involved with and paid rents of £25,692 during the year.

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the Wilson family.