BrightAccountsProduction v1.0.0 v1.0.0 2023-07-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is the provision of excavation and building contracting services. 27 January 2025 0 0 09621362 2024-06-30 09621362 2023-06-30 09621362 2022-06-30 09621362 2023-07-01 2024-06-30 09621362 2022-07-01 2023-06-30 09621362 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09621362 uk-curr:PoundSterling 2023-07-01 2024-06-30 09621362 uk-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09621362 uk-bus:AbridgedAccounts 2023-07-01 2024-06-30 09621362 uk-bus:Director1 2023-07-01 2024-06-30 09621362 uk-bus:RegisteredOffice 2023-07-01 2024-06-30 09621362 uk-bus:Agent1 2023-07-01 2024-06-30 09621362 uk-core:ShareCapital 2024-06-30 09621362 uk-core:ShareCapital 2023-06-30 09621362 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 09621362 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 09621362 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-06-30 09621362 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-06-30 09621362 uk-bus:FRS102 2023-07-01 2024-06-30 09621362 uk-core:PlantMachinery 2023-07-01 2024-06-30 09621362 uk-core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 09621362 uk-core:MotorVehicles 2023-07-01 2024-06-30 09621362 uk-core:OtherPropertyPlantEquipment 2023-07-01 2024-06-30 09621362 2023-07-01 2024-06-30 09621362 uk-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Fraser All Terrain Contractors Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 30 June 2024



Fraser All Terrain Contractors Limited
DIRECTOR AND OTHER INFORMATION

 
Director Mr K Fraser
 
 
Company Registration Number 09621362
 
 
Registered Office and Business Address 14 Seven Acres Road Preston
Weymouth
Dorset
DT3 6DG
United Kingdom
 
 
Accountants Elliot and Co LLP
Chartered Accountants
7 King Street
Weymouth
Dorset
DT4 7BJ
United Kingdom



Fraser All Terrain Contractors Limited
Company Registration Number: 09621362
ABRIDGED BALANCE SHEET
as at 30 June 2024

2024 2023
Notes £ £
 
Fixed Assets
Tangible assets 4 304,122 349,237
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Current Assets
Stocks 1,000 21,735
Debtors 55,742 2,488
Cash at bank and in hand 112,274 136,166
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169,016 160,389
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Creditors: amounts falling due within one year (298,919) (299,934)
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Net Current Liabilities (129,903) (139,545)
───────── ─────────
Total Assets less Current Liabilities 174,219 209,692
 
Creditors:
amounts falling due after more than one year (20,300) (27,484)
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Net Assets 153,919 182,208
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Capital and Reserves
Called up share capital 1 1
Retained earnings 153,918 182,207
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Equity attributable to owners of the company 153,919 182,208
═════════ ═════════
 
The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.
For the financial year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 27 January 2025
           
           
________________________________          
Mr K Fraser          
Director          
           



Fraser All Terrain Contractors Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 30 June 2024

   
1. General Information
 
Fraser All Terrain Contractors Limited is a company limited by shares incorporated in England.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 30 June 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 15% Reducing balance
  Fixtures, fittings and equipment - 15% Reducing balance
  Motor vehicles - 25% Reducing balance
  Menzi Muck digger - 5% Reducing balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stockss are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2023 - 1).
             
4. Tangible assets
  Plant and Fixtures, Motor Menzi Muck Total
  machinery fittings and vehicles digger  
    equipment      
  £ £ £ £ £
Cost
At 1 July 2023 152,181 2,653 114,172 292,010 561,016
Additions 25,615 - - - 25,615
Disposals (5,165) - - - (5,165)
  ───────── ───────── ───────── ───────── ─────────
At 30 June 2024 172,631 2,653 114,172 292,010 581,466
  ───────── ───────── ───────── ───────── ─────────
Depreciation
At 1 July 2023 75,058 827 40,110 95,784 211,779
Charge for the financial year 29,870 274 27,603 9,811 67,558
On disposals (1,993) - - - (1,993)
  ───────── ───────── ───────── ───────── ─────────
At 30 June 2024 102,935 1,101 67,713 105,595 277,344
  ───────── ───────── ───────── ───────── ─────────
Net book value
At 30 June 2024 69,696 1,552 46,459 186,415 304,122
  ═════════ ═════════ ═════════ ═════════ ═════════
At 30 June 2023 77,123 1,826 74,062 196,226 349,237
  ═════════ ═════════ ═════════ ═════════ ═════════
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 30 June 2024.
   
6. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.