Registered number
06941976
Fitzpatrick Brickwork Contractors Limited
Filleted Accounts
31 December 2024
Fitzpatrick Brickwork Contractors Limited
Registered number: 06941976
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,684 2,865
Current assets
Stocks 702 3,520
Debtors 4 1,120 2,441
Cash at bank and in hand 55,140 23,004
56,962 28,965
Creditors: amounts falling due within one year 5 (11,506) (10,323)
Net current assets 45,456 18,642
Net assets 47,140 21,507
Capital and reserves
Called up share capital 100 100
Profit and loss account 47,040 21,407
Shareholders' funds 47,140 21,507
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
SJ Fitzpatrick
Director
Approved by the board on 13 February 2025
Fitzpatrick Brickwork Contractors Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
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 rendering of services. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Current tax liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2024 21,207
Additions 170
At 31 December 2024 21,377
Depreciation
At 1 January 2024 18,342
Charge for the year 1,351
At 31 December 2024 19,693
Net book value
At 31 December 2024 1,684
At 31 December 2023 2,865
4 Debtors 2024 2023
£ £
Trade debtors 780 2,098
Other debtors 340 343
1,120 2,441
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 1,065 1,098
Taxation and social security costs 10,364 9,114
Other creditors 77 111
11,506 10,323
6 Controlling party
The company is controlled by SJ and B Fitzpatrick.
7 Other information
Fitzpatrick Brickwork Contractors Limited is a private company limited by shares and incorporated in England. Its registered office is:
c/o Philip Bowdidge Accountancy
34 Ringwood Road
Walkford
Christchurch
BH23 5RD
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