Company Registration No. SC277909 (Scotland)
Fiona Fraser Limited
Unaudited accounts
for the year ended 31 January 2024
Fiona Fraser Limited
Unaudited accounts
Contents
Fiona Fraser Limited
Company Information
for the year ended 31 January 2024
Company Number
SC277909 (Scotland)
Registered Office
3 Barossa Place
Perth
PH1 5HG
Accountants
Fraser + Accountants
3 Barossa Place
Perth
Perthshire
PH1 5HG
Fiona Fraser Limited
Statement of financial position
as at 31 January 2024
Intangible assets
4,997
6,538
Tangible assets
16,125
20,364
Cash at bank and in hand
46,305
40,768
Creditors: amounts falling due within one year
(68,981)
(65,249)
Net current assets
44,359
32,045
Called up share capital
100
100
Profit and loss account
65,381
58,847
Shareholders' funds
65,481
58,947
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 February 2024 and were signed on its behalf by
Fiona Fraser
Director
Company Registration No. SC277909
Fiona Fraser Limited
Notes to the Accounts
for the year ended 31 January 2024
Fiona Fraser Limited is a private company, limited by shares, registered in Scotland, registration number SC277909. The registered office is 3 Barossa Place, Perth , PH1 5HG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 January 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Intangible fixed assets
Goodwill
Fiona Fraser Limited
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
36,258
15,765
52,023
At 31 January 2024
36,258
16,365
52,623
At 1 February 2023
18,130
13,529
31,659
Charge for the year
3,626
1,213
4,839
At 31 January 2024
21,756
14,742
36,498
At 31 January 2024
14,502
1,623
16,125
At 31 January 2023
18,128
2,236
20,364
Amounts falling due within one year
Trade debtors
53,562
40,271
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Creditors: amounts falling due within one year
2024
2023
Taxes and social security
12,075
15,627
Other creditors
13,768
13,565
Loans from directors
9,384
13,160
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Average number of employees
During the year the average number of employees was 4 (2023: 4).