1 May 2023 false No description of principal activity Taxfiler 2024.6 true 13334146business:PrivateLimitedCompanyLtd2023-05-012024-07-31 133341462023-04-30 133341462023-05-012024-07-31 13334146business:AuditExempt-NoAccountantsReport2023-05-012024-07-31 13334146business:FilletedAccounts2023-05-012024-07-31 133341462024-07-31 13334146business:Director12023-05-012024-07-31 13334146business:Director22023-05-012024-07-31 13334146business:RegisteredOffice2023-05-012024-07-31 133341462023-04-30 13334146core:WithinOneYear2024-07-31 13334146core:WithinOneYear2023-04-30 13334146core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 13334146core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 13334146core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 13334146core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 13334146core:PreviouslyStatedAmount2024-07-31 13334146core:PreviouslyStatedAmount2023-04-30 13334146business:SmallEntities2023-05-012024-07-31 13334146countries:EnglandWales2023-05-012024-07-31 13334146core:PlantMachinery2023-04-30 13334146core:MotorVehicles2023-04-30 13334146core:FurnitureFittings2023-04-30 13334146core:PlantMachinery2023-05-012024-07-31 13334146core:MotorVehicles2023-05-012024-07-31 13334146core:FurnitureFittings2023-05-012024-07-31 13334146core:PlantMachinery2024-07-31 13334146core:MotorVehicles2024-07-31 13334146core:FurnitureFittings2024-07-31 133341462022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 13334146 (England and Wales)
FAB South West Ltd Unaudited accounts for the period from 1 May 2023 to 31 July 2024
FAB South West Ltd Unaudited accounts Contents
Page
- 2 -
FAB South West Ltd Company Information for the period from 1 May 2023 to 31 July 2024
Directors
Mark James Smith Robert Peter Wilcock
Company Number
13334146 (England and Wales)
Registered Office
Unit 3 Magdalene Mews, Magdalene Road Torquay Devon TQ1 4AF England
Accountants
James Allison Accountants Ltd The Office 5 Mimosa Way Paignton Devon TQ4 7FE
- 3 -
FAB South West Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
5,250 
Current assets
Debtors
- 
1,232 
Cash at bank and in hand
- 
4,489 
- 
5,721 
Creditors: amounts falling due within one year
- 
(9,252)
Net current liabilities
- 
(3,531)
Net assets
- 
1,719 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(100)
1,619 
Shareholders' funds
- 
1,719 
For the period ending 31 July 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 22 October 2024 and were signed on its behalf by
Mark James Smith Director Company Registration No. 13334146
- 4 -
FAB South West Ltd Notes to the Accounts for the period from 1 May 2023 to 31 July 2024
1
Statutory information
FAB South West Ltd is a private company, limited by shares, registered in England and Wales, registration number 13334146. The registered office is Unit 3, Magdalene Mews, Magdalene Road, Torquay, Devon, TQ1 4AF, England. The company is in the process of being wound up.
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
These financial statements for the period from 1 May 2023 to 31 July 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 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.
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.
Going concern
An application has been made to Companies House to voluntarily strike this company off the register.
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
2,200 
7,500 
600 
10,300 
Disposals
(512)
(1,406)
(112)
(2,030)
At 31 July 2024
1,688 
6,094 
488 
8,270 
Depreciation
At 1 May 2023
1,000 
3,750 
300 
5,050 
Charge for the period
688 
2,344 
188 
3,220 
At 31 July 2024
1,688 
6,094 
488 
8,270 
Net book value
At 31 July 2024
- 
- 
- 
- 
At 30 April 2023
1,200 
3,750 
300 
5,250 
- 5 -
FAB South West Ltd Notes to the Accounts for the period from 1 May 2023 to 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,232 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
2,039 
Loans from directors
- 
7,043 
Accruals
- 
170 
- 
9,252 
7
Average number of employees
During the period the average number of employees was 2 (2023: 2).
- 6 -