Registered number
10765051
Year end:
31 March 2024
FITZGERALD GARSIDE COWLEY SOUTHERN LTD
UNAUDITED FILLETED ACCOUNTS
FOR THE YEAR
ENDED 31 MARCH 2024
FITZGERALD GARSIDE COWLEY SOUTHERN LTD
Registered number: 10765051
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
FIXED ASSETS
Tangible assets 4 1,887 2,516
CURRENT ASSETS
Debtors 5 173,487 164,498
Cash at bank and in hand 133,837 75,214
307,324 239,712
CREDITORS: amounts falling due within one year 6 (45,551) (29,819)
NET CURRENT ASSETS 261,773 209,893
TOTAL ASSETS LESS CURRENT LIABILITIES 263,660 212,409
Provisions for liabilities (500) (478)
NET ASSETS £ 263,160 £ 211,931
CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Profit and loss account 262,160 210,931
SHAREHOLDER'S FUNDS £ 263,160 £ 211,931
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account is not delivered to Companies House.
Mr A J Cowley
Director
Approved by the board on 6 November 2024
FITZGERALD GARSIDE COWLEY SOUTHERN LTD
Notes to the Accounts
for the year ended 31 March 2024
1 ACCOUNTING POLICIES
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration receivable. Turnover from the sale of any goods is recognised when goods are delivered and legal title has passed.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Office equipment 25% p.a. on a reducing balance basis
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on a non-discounted basis at the tax rates which are expected to apply in the periods when the timing differences are expected to reverse.
Pensions
Contributions to defined contribution plans are charged to the profit and loss account in the period in which they are paid.
2 EMPLOYEES 2024 2023
Number Number
Average number of persons employed by the company
(excluding directors with no specific service contract) 1 1
FITZGERALD GARSIDE COWLEY SOUTHERN LTD
Notes to the Accounts
for the year ended 31 March 2024
3 INTANGIBLE FIXED ASSETS £
Goodwill:
Cost
At 1 April 2023 35,200
At 31 March 2024 35,200
Amortisation
At 1 April 2023 35,200
At 31 March 2024 35,200
Net book value
At 31 March 2024 £ -
All purchased goodwill has been amortised in full.
4 TANGIBLE FIXED ASSETS
Office Equipment
£
Cost
At 1 April 2023 6,400
At 31 March 2024 6,400
Depreciation
At 1 April 2023 3,884
Charge for the year 629
At 31 March 2024 4,513
Net book value
At 31 March 2024 £ 1,887
At 31 March 2023 £ 2,516
FITZGERALD GARSIDE COWLEY SOUTHERN LTD
Notes to the Accounts
for the year ended 31 March 2024
5 DEBTORS 2024 2023
£ £
Trade debtors 23,785 13,494
Loan to director 100,913 105,218
Other debtors 48,789 45,786
£ 173,487 £ 164,498
Amounts due after more than one year included above £ 32,797 £ 33,786
6 CREDITORS: amounts falling due within one year 2024 2023
£ £
Corporation tax 32,801 19,638
Other taxes and social security costs 11,743 8,342
Other creditors 1,007 1,839
£ 45,551 £ 29,819
7 LOANS TO DIRECTORS
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Mr A J Cowley
Temporary loan subject to interest at the official rates applied to beneficial loans 105,218 3,096 (7,401) 100,913
£ 105,218 £ 3,096 £ (7,401) £ 100,913
8 OTHER INFORMATION
Fitzgerald Garside Cowley Southern Limited is a private company limited by shares and incorporated in England. Its registered office is:
Titsey Estate Office
Pilgrims Lane
Oxted
Surrey
RH8 0SE
The accounts are for the individual company and are presented in Sterling which is the functional currency of the company.
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