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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
Page
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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
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F2 Architects Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,385 
5,596 
Current assets
Debtors
95,504 
101,383 
Cash at bank and in hand
300,544 
283,531 
396,048 
384,914 
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 
Capital and reserves
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
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F2 Architects Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover
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 taxation
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.
Pension costs
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.
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F2 Architects Limited Notes to the Accounts for the year ended 30 June 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2023
20,000 
At 30 June 2024
20,000 
Amortisation
At 1 July 2023
20,000 
At 30 June 2024
20,000 
Net book value
At 30 June 2024
- 
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
17,970 
- 
17,970 
Additions
- 
5,954 
5,954 
Disposals
(874)
- 
(874)
At 30 June 2024
17,096 
5,954 
23,050 
Depreciation
At 1 July 2023
12,374 
- 
12,374 
Charge for the year
2,069 
1,339 
3,408 
On disposals
(117)
- 
(117)
At 30 June 2024
14,326 
1,339 
15,665 
Net book value
At 30 June 2024
2,770 
4,615 
7,385 
At 30 June 2023
5,596 
- 
5,596 
6
Debtors
2024 
2023 
£ 
£ 
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 
95,504 
101,383 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
22,309 
20,527 
Trade creditors
514 
- 
Taxes and social security
53,494 
51,640 
Accruals
750 
2,483 
77,067 
74,650 
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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).
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