Company Registration No. 08118413 (England and Wales)
F2 Architects Limited
Unaudited accounts
for the year ended 30 June 2024
F2 Architects Limited
Unaudited accounts
Contents
F2 Architects Limited
Company Information
for the year ended 30 June 2024
Directors
Claire Anne Fisher
Stephen John Fisher
Company Number
08118413 (England and Wales)
Registered Office
Longfrey Cottage
Dorking Road
Chilworth
Guildford
Surrey
GU4 8RH
England
Accountants
Surrey Hills Accountancy Limited
The Old Workshop
Longfrey Cottage
Dorking Road
Chilworth
GU4 8RH
F2 Architects Limited
Statement of financial position
as at 30 June 2024
Tangible assets
7,385
5,596
Cash at bank and in hand
300,544
283,531
Creditors: amounts falling due within one year
(77,067)
(74,650)
Net current assets
318,981
310,264
Total assets less current liabilities
326,366
315,860
Provisions for liabilities
Deferred tax
(1,846)
(1,399)
Net assets
324,520
314,461
Called up share capital
2
2
Profit and loss account
324,518
314,459
Shareholders' funds
324,520
314,461
For the year ending 30 June 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 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 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 of Directors and authorised for issue on 1 November 2024 and were signed on its behalf by
Claire Anne Fisher
Director
Company Registration No. 08118413
F2 Architects Limited
Notes to the Accounts
for the year ended 30 June 2024
F2 Architects Limited is a private company, limited by shares, registered in England and Wales, registration number 08118413. The registered office is Longfrey Cottage, Dorking Road, Chilworth, Guildford, Surrey, GU4 8RH, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
5 years SL
Computer equipment
3 years SL
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
F2 Architects Limited
Notes to the Accounts
for the year ended 30 June 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2023
17,970
-
17,970
At 30 June 2024
17,096
5,954
23,050
At 1 July 2023
12,374
-
12,374
Charge for the year
2,069
1,339
3,408
At 30 June 2024
14,326
1,339
15,665
At 30 June 2024
2,770
4,615
7,385
At 30 June 2023
5,596
-
5,596
Amounts falling due within one year
Trade debtors
74,966
61,303
Accrued income and prepayments
540
35,180
Other debtors
19,998
4,900
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
53,494
51,640
F2 Architects Limited
Notes to the Accounts
for the year ended 30 June 2024
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).