FOSSGATE SOCIAL LIMITED

Company Registration Number:
08804992 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

FOSSGATE SOCIAL LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes

FOSSGATE SOCIAL LIMITED

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal activities of the company

The company's principal activity during the year continued to be public houses and bars



Directors

The directors shown below have held office during the whole of the period from
1 May 2023 to 30 April 2024

Sarah Lakin
Mike Lakin


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
8 January 2025

And signed on behalf of the board by:
Name: Sarah Lakin
Status: Director

FOSSGATE SOCIAL LIMITED

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 168,154 171,973
Total fixed assets: 168,154 171,973
Current assets
Stocks: 4 2,005 2,310
Debtors: 5 101,611 109,342
Cash at bank and in hand: 79,614 50,431
Total current assets: 183,230 162,083
Creditors: amounts falling due within one year: 6 ( 40,861 ) ( 65,792 )
Net current assets (liabilities): 142,369 96,291
Total assets less current liabilities: 310,523 268,264
Creditors: amounts falling due after more than one year: 7 ( 25,256 ) ( 34,400 )
Provision for liabilities: ( 5,616 ) ( 5,616 )
Total net assets (liabilities): 279,651 228,248
Capital and reserves
Called up share capital: 6 6
Profit and loss account: 279,645 228,242
Total Shareholders' funds: 279,651 228,248

The notes form part of these financial statements

FOSSGATE SOCIAL LIMITED

Balance sheet statements

For the year ending 30 April 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 9 January 2025
and signed on behalf of the board by:

Name: Sarah Lakin
Status: Director

The notes form part of these financial statements

FOSSGATE SOCIAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment

FOSSGATE SOCIAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 11 11

FOSSGATE SOCIAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 151,000 100,760 251,760
Additions 1,410 1,410
Disposals
Revaluations
Transfers
At 30 April 2024 151,000 102,170 253,170
Depreciation
At 1 May 2023 79,787 79,787
Charge for year 5,229 5,229
On disposals
Other adjustments
At 30 April 2024 85,016 85,016
Net book value
At 30 April 2024 151,000 17,154 168,154
At 30 April 2023 151,000 20,973 171,973

FOSSGATE SOCIAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Stocks

2024 2023
£ £
Stocks 2,005 2,310
Total 2,005 2,310

FOSSGATE SOCIAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Debtors

2024 2023
£ £
Trade debtors 2,232 8,796
Other debtors 99,379 100,546
Total 101,611 109,342

FOSSGATE SOCIAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 9,309 13,710
Taxation and social security 27,101 18,734
Other creditors 4,451 33,348
Total 40,861 65,792

FOSSGATE SOCIAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 25,256 34,400
Total 25,256 34,400