FIRM FOUNDATIONS LIMITED

Company Registration Number:
02465084 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

FIRM FOUNDATIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

FIRM FOUNDATIONS LIMITED

Company Information

for the Period Ended 31 March 2024




Director: Mr George Prall
Registered office: Woodys
Highland Road, Badgers Mount
Sevenoaks
Kent
TN14 7BB
Company Registration Number: 02465084 (England and Wales)

FIRM FOUNDATIONS LIMITED

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

The company operates as a specialist foundation contractors within the construction industry. Designing and installing Underpinning, Piling and Specialist Foundations like Basements.

Political and charitable donations

The company made no donations to Political or Charitable organisations.

Company policy on the employment of disabled persons

Because of the nature of the works the company has no disabled facilities.

Additional information

The Company Remains Partially Dormant, Very Little Trading due to Retirement.

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Mr George Prall

This report was approved by the board of directors on 21 December 2024
And Signed On Behalf Of The Board By:

Name: Mr George Prall
Status: Director

FIRM FOUNDATIONS LIMITED

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 7,150 34,639
Cost of sales ( 11,638 ) ( 29,443 )
Gross Profit or (Loss) ( 4,488 ) 5,196
Income from coronavirus (COVID-19) business support grants 0 0
Administrative Expenses ( 726 ) ( 3,545 )
Operating Profit or (Loss) ( 5,214 ) 1,651
Profit or (Loss) Before Tax ( 5,214 ) 1,651
Profit or (Loss) for Period ( 5,214 ) 1,651

The notes form part of these financial statements

FIRM FOUNDATIONS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 4 45,795 45,795
Cash at bank and in hand: 13,302 20,222
Total current assets: 59,097 66,017
Net current assets (liabilities): 59,097 66,017
Total assets less current liabilities: 59,097 66,017
Total net assets (liabilities): 59,097 66,017

The notes form part of these financial statements

FIRM FOUNDATIONS LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 60,720 60,720
Profit and loss account: ( 1,623 ) 5,297
Shareholders funds: 59,097 66,017

For the year ending 31 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 21 December 2024
And Signed On Behalf Of The Board By:

Name: Mr George Prall
Status: Director

The notes form part of these financial statements

FIRM FOUNDATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    This report has been prepared in accordance with the provisions applicable to small companies regime within Part 15 of the Companies Act 2006 complying with section 386 to give a true and fare view of the state of affairs of the company.

FIRM FOUNDATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

FIRM FOUNDATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

FIRM FOUNDATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors


2024
£

2023
£
Trade debtors 45,795 45,795
Total 45,795 45,795

The Company Seeks to Recover Bad Debts