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REGISTERED NUMBER: 09937975 (England and Wales)















Financial Statements for the Year Ended 31 January 2024

for

F&G Occasions Ltd

F&G Occasions Ltd (Registered number: 09937975)

Contents of the Financial Statements
for the year ended 31 January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

F&G Occasions Ltd

Company Information
for the year ended 31 January 2024







DIRECTOR: Miss F Jordan





REGISTERED OFFICE: 65-67 High Street
Broadstairs
Kent
CT10 1JL





REGISTERED NUMBER: 09937975 (England and Wales)





ACCOUNTANTS: MPH Accountancy and Business Advisors Ltd
99 Canterbury Road
Whitstable
Kent
CT5 4HG

F&G Occasions Ltd (Registered number: 09937975)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,839 8,532

CURRENT ASSETS
Stocks 71,000 68,000
Debtors 5 7,000 7,000
Cash at bank and in hand 32,515 37,406
110,515 112,406
CREDITORS
Amounts falling due within one year 6 32,262 31,525
NET CURRENT ASSETS 78,253 80,881
TOTAL ASSETS LESS CURRENT
LIABILITIES

87,092

89,413

CREDITORS
Amounts falling due after more than one
year

7

11,333

19,333
NET ASSETS 75,759 70,080

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 75,659 69,980
SHAREHOLDERS' FUNDS 75,759 70,080

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

F&G Occasions Ltd (Registered number: 09937975)

Balance Sheet - continued
31 January 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 director and authorised for issue on 10 October 2024 and were signed by:





Miss F Jordan - Director


F&G Occasions Ltd (Registered number: 09937975)

Notes to the Financial Statements
for the year ended 31 January 2024


1. STATUTORY INFORMATION

F&G Occasions 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.
Fixtures and fittings - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 7 (2023 - 7 ) .

F&G Occasions Ltd (Registered number: 09937975)

Notes to the Financial Statements - continued
for the year ended 31 January 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 February 2023 5,000 6,987 1,037 13,024
Additions - 980 - 980
At 31 January 2024 5,000 7,967 1,037 14,004
DEPRECIATION
At 1 February 2023 - 3,994 498 4,492
Charge for year - 592 81 673
At 31 January 2024 - 4,586 579 5,165
NET BOOK VALUE
At 31 January 2024 5,000 3,381 458 8,839
At 31 January 2023 5,000 2,993 539 8,532

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 7,000 7,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,000 8,000
Trade creditors 19,352 14,880
Tax 1,912 1,722
Social security and other taxes (5,095 ) 37
VAT 6,520 3,515
Directors' current accounts 73 1,871
Accrued expenses 1,500 1,500
32,262 31,525

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 8,000 8,000
Bank loans - 2-5 years 3,333 11,333
11,333 19,333

F&G Occasions Ltd (Registered number: 09937975)

Notes to the Financial Statements - continued
for the year ended 31 January 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100

9. RESERVES
Retained
earnings
£   

At 1 February 2023 69,980
Profit for the year 8,679
Dividends (3,000 )
At 31 January 2024 75,659

F&G Occasions Ltd

Report of the Accountants to the Director of
F&G Occasions Ltd


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






MPH Accountancy and Business Advisors Ltd
99 Canterbury Road
Whitstable
Kent
CT5 4HG


10 October 2024