2023-04-012024-03-312024-03-31false05062853FOX MIDLANDS (LEICESTER) LIMITED2024-10-14iso4217:GBPxbrli:pure050628532023-04-01050628532024-03-31050628532023-04-012024-03-31050628532022-04-01050628532023-03-31050628532022-04-012023-03-3105062853bus:SmallEntities2023-04-012024-03-3105062853bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3105062853bus:FullAccounts2023-04-012024-03-3105062853bus:PrivateLimitedCompanyLtd2023-04-012024-03-3105062853core:WithinOneYear2024-03-3105062853core:AfterOneYear2024-03-3105062853core:WithinOneYear2023-03-3105062853core:AfterOneYear2023-03-3105062853core:ShareCapital2024-03-3105062853core:SharePremium2024-03-3105062853core:RevaluationReserve2024-03-3105062853core:OtherReservesSubtotal2024-03-3105062853core:RetainedEarningsAccumulatedLosses2024-03-3105062853core:ShareCapital2023-03-3105062853core:SharePremium2023-03-3105062853core:RevaluationReserve2023-03-3105062853core:OtherReservesSubtotal2023-03-3105062853core:RetainedEarningsAccumulatedLosses2023-03-3105062853core:LandBuildings2024-03-3105062853core:PlantMachinery2024-03-3105062853core:Vehicles2024-03-3105062853core:FurnitureFittings2024-03-3105062853core:OfficeEquipment2024-03-3105062853core:NetGoodwill2024-03-3105062853core:IntangibleAssetsOtherThanGoodwill2024-03-3105062853core:ListedExchangeTraded2024-03-3105062853core:UnlistedNon-exchangeTraded2024-03-3105062853core:LandBuildings2023-03-3105062853core:PlantMachinery2023-03-3105062853core:Vehicles2023-03-3105062853core:FurnitureFittings2023-03-3105062853core:OfficeEquipment2023-03-3105062853core:NetGoodwill2023-03-3105062853core:IntangibleAssetsOtherThanGoodwill2023-03-3105062853core:ListedExchangeTraded2023-03-3105062853core:UnlistedNon-exchangeTraded2023-03-3105062853core:LandBuildings2023-04-012024-03-3105062853core:PlantMachinery2023-04-012024-03-3105062853core:Vehicles2023-04-012024-03-3105062853core:FurnitureFittings2023-04-012024-03-3105062853core:OfficeEquipment2023-04-012024-03-3105062853core:NetGoodwill2023-04-012024-03-3105062853core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3105062853core:ListedExchangeTraded2023-04-012024-03-3105062853core:UnlistedNon-exchangeTraded2023-04-012024-03-3105062853core:MoreThanFiveYears2023-04-012024-03-3105062853core:Non-currentFinancialInstruments2024-03-3105062853core:Non-currentFinancialInstruments2023-03-3105062853dpl:CostSales2023-04-012024-03-3105062853dpl:DistributionCosts2023-04-012024-03-3105062853core:LandBuildings2023-04-012024-03-3105062853core:PlantMachinery2023-04-012024-03-3105062853core:Vehicles2023-04-012024-03-3105062853core:FurnitureFittings2023-04-012024-03-3105062853core:OfficeEquipment2023-04-012024-03-3105062853dpl:AdministrativeExpenses2023-04-012024-03-3105062853core:NetGoodwill2023-04-012024-03-3105062853core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3105062853dpl:GroupUndertakings2023-04-012024-03-3105062853dpl:ParticipatingInterests2023-04-012024-03-3105062853dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3105062853core:ListedExchangeTraded2023-04-012024-03-3105062853dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3105062853core:UnlistedNon-exchangeTraded2023-04-012024-03-3105062853dpl:CostSales2022-04-012023-03-3105062853dpl:DistributionCosts2022-04-012023-03-3105062853core:LandBuildings2022-04-012023-03-3105062853core:PlantMachinery2022-04-012023-03-3105062853core:Vehicles2022-04-012023-03-3105062853core:FurnitureFittings2022-04-012023-03-3105062853core:OfficeEquipment2022-04-012023-03-3105062853dpl:AdministrativeExpenses2022-04-012023-03-3105062853core:NetGoodwill2022-04-012023-03-3105062853core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3105062853dpl:GroupUndertakings2022-04-012023-03-3105062853dpl:ParticipatingInterests2022-04-012023-03-3105062853dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3105062853core:ListedExchangeTraded2022-04-012023-03-3105062853dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3105062853core:UnlistedNon-exchangeTraded2022-04-012023-03-3105062853core:NetGoodwill2024-03-3105062853core:IntangibleAssetsOtherThanGoodwill2024-03-3105062853core:LandBuildings2024-03-3105062853core:PlantMachinery2024-03-3105062853core:Vehicles2024-03-3105062853core:FurnitureFittings2024-03-3105062853core:OfficeEquipment2024-03-3105062853core:AfterOneYear2024-03-3105062853core:WithinOneYear2024-03-3105062853core:ListedExchangeTraded2024-03-3105062853core:UnlistedNon-exchangeTraded2024-03-3105062853core:ShareCapital2024-03-3105062853core:SharePremium2024-03-3105062853core:RevaluationReserve2024-03-3105062853core:OtherReservesSubtotal2024-03-3105062853core:RetainedEarningsAccumulatedLosses2024-03-3105062853core:NetGoodwill2023-03-3105062853core:IntangibleAssetsOtherThanGoodwill2023-03-3105062853core:LandBuildings2023-03-3105062853core:PlantMachinery2023-03-3105062853core:Vehicles2023-03-3105062853core:FurnitureFittings2023-03-3105062853core:OfficeEquipment2023-03-3105062853core:AfterOneYear2023-03-3105062853core:WithinOneYear2023-03-3105062853core:ListedExch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FOX MIDLANDS (LEICESTER) LIMITED

Registered Number
05062853
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

FOX MIDLANDS (LEICESTER) LIMITED
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

Jason Fox

Company Secretary

FOX, Emma Louise

Registered Address

Fox House, 61 Station Road
Ratby
Leicester
LE6 0JQ

Registered Number

05062853 (England and Wales)
FOX MIDLANDS (LEICESTER) LIMITED
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3505,160374,177
505,160374,177
Current assets
Stocks487,08587,085
Debtors5256,418319,505
Cash at bank and on hand1919
343,522406,609
Creditors amounts falling due within one year6(696,808)(541,939)
Net current assets (liabilities)(353,286)(135,330)
Total assets less current liabilities151,874238,847
Creditors amounts falling due after one year7(143,869)(189,686)
Net assets8,00549,161
Capital and reserves
Called up share capital100100
Profit and loss account7,90549,061
Shareholders' funds8,00549,161
The financial statements were approved and authorised for issue by the Director on 14 October 2024, and are signed on its behalf by:
Jason Fox
Director
Registered Company No. 05062853
FOX MIDLANDS (LEICESTER) LIMITED
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Plant and machinery15-
Fixtures and fittings25-
Vehicles15-
Office Equipment-3
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year44
3.Tangible fixed assets

Plant & machinery

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 April 23580,645259,42115,820855,886
Revaluations112,445211,988-324,433
Disposals(102,800)(73,503)-(176,303)
At 31 March 24590,290397,90615,8201,004,016
Depreciation and impairment
At 01 April 23336,076133,25412,379481,709
Charge for year40,39435,4481,44677,288
On disposals(37,411)(22,730)-(60,141)
At 31 March 24339,059145,97213,825498,856
Net book value
At 31 March 24251,231251,9341,995505,160
At 31 March 23244,569126,1673,441374,177
4.Stocks

2024

2023

££
Other stocks87,08587,085
Total87,08587,085
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables23,54034,300
Other debtors232,878285,205
Total256,418319,505
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables137,709183,791
Bank borrowings and overdrafts138,66422,966
Taxation and social security18,80956,890
Other creditors398,700275,367
Accrued liabilities and deferred income2,9262,925
Total696,808541,939
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts143,869189,686
Total143,869189,686