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Company Registration No. 02404168 (England and Wales)
P. Fahey and Sons (U.K.) Limited Unaudited accounts for the period from 1 July 2023 to 31 March 2024
P. Fahey and Sons (U.K.) Limited Unaudited accounts Contents
Page
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P. Fahey and Sons (U.K.) Limited Company Information for the period from 1 July 2023 to 31 March 2024
Directors
Mr A P Fahey Mr S Fahey
Company Number
02404168 (England and Wales)
Registered Office
Globe House 88-118 Chorlton Rd, Old Trafford Stretford Manchester M15 4AL
Accountants
3rd Eye Accountax LTD PO Box 163 Manchester Greater Manchester M26 6DD
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P. Fahey and Sons (U.K.) Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
92,016 
87,016 
Current assets
Debtors
1,732,958 
1,090,015 
Cash at bank and in hand
163,831 
1,000,879 
1,896,789 
2,090,894 
Creditors: amounts falling due within one year
(218,392)
(391,631)
Net current assets
1,678,397 
1,699,263 
Net assets
1,770,413 
1,786,279 
Capital and reserves
Called up share capital
120 
120 
Revaluation reserve
620,398 
620,398 
Profit and loss account
1,149,895 
1,165,761 
Shareholders' funds
1,770,413 
1,786,279 
For the period ending 31 March 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 27 January 2025 and were signed on its behalf by
Mr A P Fahey Director Company Registration No. 02404168
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P. Fahey and Sons (U.K.) Limited Notes to the Accounts for the period from 1 July 2023 to 31 March 2024
1
Statutory information
P. Fahey and Sons (U.K.) Limited is a private company, limited by shares, registered in England and Wales, registration number 02404168. The registered office is Globe House, 88-118 Chorlton Rd, Old Trafford, Stretford, Manchester, M15 4AL.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
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.
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:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
38,610 
48,300 
119,846 
206,756 
Additions
5,000 
- 
- 
5,000 
At 31 March 2024
43,610 
48,300 
119,846 
211,756 
Depreciation
At 1 July 2023
1,088 
11,000 
107,652 
119,740 
At 31 March 2024
1,088 
11,000 
107,652 
119,740 
Net book value
At 31 March 2024
42,522 
37,300 
12,194 
92,016 
At 30 June 2023
37,522 
37,300 
12,194 
87,016 
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P. Fahey and Sons (U.K.) Limited Notes to the Accounts for the period from 1 July 2023 to 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
57,807 
41,240 
Amounts due from group undertakings etc.
805,471 
559,539 
Other debtors
869,680 
489,236 
1,732,958 
1,090,015 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(15,620)
(14,002)
Trade creditors
61,565 
93,256 
Taxes and social security
38,216 
163,467 
Other creditors
105,737 
116,416 
Loans from directors
- 
4,000 
Accruals
28,494 
28,494 
218,392 
391,631 
7
Average number of employees
During the period the average number of employees was 2 (2023: 2).
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