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REGISTERED NUMBER: 11340582 (England and Wales)















The Fume Cupboard Company Limited

Abridged Financial Statements for the Year Ended 31st May 2024






The Fume Cupboard Company Limited (Registered number: 11340582)






Contents of the Financial Statements
for the year ended 31st May 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


The Fume Cupboard Company Limited

Company Information
for the year ended 31st May 2024







Directors: T J Smith
L J Fretwell
S Hubble





Registered office: 1-3 High Street
Great Dunmow
Essex
CM6 1UU





Registered number: 11340582 (England and Wales)





Accountants: Walters & Company
Certified Practising Accountants
1-3 High Street
Great Dunmow
Essex
CM6 1UU

The Fume Cupboard Company Limited (Registered number: 11340582)

Abridged Balance Sheet
31st May 2024

31/5/24 31/5/23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 93,137 79,543

Current assets
Debtors 155,420 200,182
Cash at bank 8,754 61,776
164,174 261,958
Creditors
Amounts falling due within one year 192,167 210,751
Net current (liabilities)/assets (27,993 ) 51,207
Total assets less current liabilities 65,144 130,750

Creditors
Amounts falling due after more than
one year

(36,472

)

(52,399

)

Provisions for liabilities (11,698 ) (9,115 )
Net assets 16,974 69,236

Capital and reserves
Called up share capital 5 150 150
Retained earnings 16,824 69,086
Shareholders' funds 16,974 69,236

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The Fume Cupboard Company Limited (Registered number: 11340582)

Abridged Balance Sheet - continued
31st May 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31st May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th January 2025 and were signed on its behalf by:





L J Fretwell - Director


The Fume Cupboard Company Limited (Registered number: 11340582)

Notes to the Financial Statements
for the year ended 31st May 2024

1. Statutory information

The Fume Cupboard Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

The Fume Cupboard Company Limited (Registered number: 11340582)

Notes to the Financial Statements - continued
for the year ended 31st May 2024

2. Accounting policies - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. Employees and directors

The average number of employees during the year was 5 (2023 - 4 ) .

4. Tangible fixed assets
Totals
£   
Cost
At 1st June 2023 125,001
Additions 44,638
At 31st May 2024 169,639
Depreciation
At 1st June 2023 45,458
Charge for year 31,044
At 31st May 2024 76,502
Net book value
At 31st May 2024 93,137
At 31st May 2023 79,543

The Fume Cupboard Company Limited (Registered number: 11340582)

Notes to the Financial Statements - continued
for the year ended 31st May 2024

4. Tangible fixed assets - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
Cost
At 1st June 2023 107,254
Additions 23,338
At 31st May 2024 130,592
Depreciation
At 1st June 2023 33,136
Charge for year 24,364
At 31st May 2024 57,500
Net book value
At 31st May 2024 73,092
At 31st May 2023 74,118

5. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 31/5/24 31/5/23
value: £    £   
50 Ordinary A Shares 1 50 50
50 Ordinary B Shares 1 50 50
50 Ordinary C Shares 1 50 50
150 150