Registered number: 09601710 | ||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||
Prepared By: | ||||||||
Greenhalgh Johnson Ltd | ||||||||
Accountants & Tax Advisers | ||||||||
Elland House | ||||||||
22 High Street | ||||||||
Burgh le Marsh | ||||||||
Lincolnshire | ||||||||
PE24 5JT |
Foulstone Estate Agents Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Skegness | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 09601710 | ||||||||
BANKERS | ||||||||
HSBC | ||||||||
ACCOUNTANTS | ||||||||
Greenhalgh Johnson Ltd | ||||||||
Accountants & Tax Advisers | ||||||||
Elland House | ||||||||
22 High Street | ||||||||
Burgh le Marsh | ||||||||
Lincolnshire | ||||||||
PE24 5JT |
Foulstone Estate Agents Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/05/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Foulstone Estate Agents Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 3 | |||||||||
Tangible assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
12,847 | 37,577 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 30,675 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 7 | 14,111 | 39,072 | |||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | (3,112) | (3,612) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Foulstone Estate Agents Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Going Concern | ||||||||
These financial statements have been prepared on the going concern basis. This may not be appropriate as the deficit on assets was £3,012 for the year ended 31st May 2024 (£3,512 2023). However the Director will continue to support the Company. |
1c. Depreciation | ||||||||
Plant and Machinery | reducing balance 33% | |||||||
Fixtures and Fittings | reducing balance 15 & 33% | |||||||
Equipment | reducing balance 25% |
1d. Goodwill | ||||||||
1e. Government Grants | ||||||||
Government grants are recognised based on the accrual model and are mesured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income. |
Foulstone Estate Agents Ltd | ||||||||
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
3. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 01/06/2023 | 20,400 | 20,400 | ||
At 31/05/2024 | 20,400 | 20,400 | ||
Depreciation | ||||
At 01/06/2023 | 16,320 | 16,320 | ||
For the year | 2,040 | 2,040 | ||
At 31/05/2024 | 18,360 | 18,360 | ||
Net Book Amounts | ||||
At 31/05/2024 | ||||
At 31/05/2023 | ||||
4. TANGIBLE FIXED ASSETS | ||||||||
Plant and | Fixtures | |||||||
Machinery | and Fittings | Equipment | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/06/2023 | 1,725 | 1,101 | 2,560 | 5,386 | ||||
At 31/05/2024 | 1,725 | 1,101 | 2,560 | 5,386 | ||||
Depreciation | ||||||||
At 01/06/2023 | 1,644 | 855 | 2,082 | 4,581 | ||||
For the year | 28 | 44 | 120 | 192 | ||||
At 31/05/2024 | 1,672 | 899 | 2,202 | 4,773 | ||||
Net Book Amounts | ||||||||
At 31/05/2024 | 613 | |||||||
At 31/05/2023 | 805 | |||||||
Foulstone Estate Agents Ltd | ||||||||
5. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Directors current account | 4,131 | 1,950 | ||||||
4,131 | 1,950 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 50 | 43 | ||||||
PAYE control | 415 | 113 | ||||||
Bank Loan | 2,632 | 5,588 | ||||||
Trade creditors | 122 | - | ||||||
Accruals | 1,182 | 1,158 | ||||||
4,401 | 6,902 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Loans >1yr | 14,111 | 39,072 | ||||||
14,111 | 39,072 | |||||||
8. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||