FITCH & CO LIMITED

Company Registration Number:
09414996 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

FITCH & CO LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

FITCH & CO LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 55,200 64,400
Tangible assets: 4 4,299 2,821
Total fixed assets: 59,499 67,221
Current assets
Debtors:     41,737
Cash at bank and in hand: 50,569 39,829
Total current assets: 50,569 81,566
Creditors: amounts falling due within one year:   (47,993) (34,327)
Net current assets (liabilities): 2,576 47,239
Total assets less current liabilities: 62,075 114,460
Creditors: amounts falling due after more than one year:   (21,214) (24,294)
Provision for liabilities: (1,075) (536)
Total net assets (liabilities): 39,786 89,630
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 39,686 89,530
Shareholders funds: 39,786 89,630

The notes form part of these financial statements

FITCH & CO 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

This report was approved by the board of directors on 31 January 2025
and signed on behalf of the board by:

Name: Mr D Wise
Status: Director

The notes form part of these financial statements

FITCH & CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write of the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures, fittings & equipment - 25% straight line

Intangible fixed assets and amortisation policy

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 15 years.

FITCH & CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

FITCH & CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Intangible Assets

Total
Cost £
At 01 May 2023 138,000
At 30 April 2024 138,000
Amortisation
At 01 May 2023 73,600
Charge for year 9,200
At 30 April 2024 82,800
Net book value
At 30 April 2024 55,200
At 30 April 2023 64,400

FITCH & CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible Assets

Total
Cost £
At 01 May 2023 4,607
Additions 2,599
At 30 April 2024 7,206
Depreciation
At 01 May 2023 1,786
Charge for year 1,121
At 30 April 2024 2,907
Net book value
At 30 April 2024 4,299
At 30 April 2023 2,821