IRIS Accounts Production v24.3.2.46 02490789 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh024907892023-12-31024907892024-12-31024907892024-01-012024-12-31024907892022-12-31024907892023-01-012023-12-31024907892023-12-3102490789ns15:EnglandWales2024-01-012024-12-3102490789ns14:PoundSterling2024-01-012024-12-3102490789ns10:Director12024-01-012024-12-3102490789ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3102490789ns10:SmallEntities2024-01-012024-12-3102490789ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3102490789ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3102490789ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3102490789ns10:FullAccounts2024-01-012024-12-310249078912024-01-012024-12-3102490789ns10:OrdinaryShareClass12024-01-012024-12-3102490789ns10:Director22024-01-012024-12-3102490789ns10:RegisteredOffice2024-01-012024-12-3102490789ns5:CurrentFinancialInstruments2024-12-3102490789ns5:CurrentFinancialInstruments2023-12-3102490789ns5:ShareCapital2024-12-3102490789ns5:ShareCapital2023-12-3102490789ns5:RetainedEarningsAccumulatedLosses2024-12-3102490789ns5:RetainedEarningsAccumulatedLosses2023-12-3102490789ns5:NetGoodwill2024-01-012024-12-3102490789ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3102490789ns5:LongLeaseholdAssetsns5:LandBuildings2024-01-012024-12-3102490789ns5:PlantMachinery2024-01-012024-12-3102490789ns5:FurnitureFittings2024-01-012024-12-3102490789ns5:MotorVehicles2024-01-012024-12-3102490789ns5:ComputerEquipment2024-01-012024-12-3102490789ns5:NetGoodwill2023-12-3102490789ns5:NetGoodwill2024-12-3102490789ns5:NetGoodwill2023-12-3102490789ns5:LongLeaseholdAssetsns5:LandBuildings2023-12-3102490789ns5:LeaseholdImprovements2023-12-3102490789ns5:PlantMachinery2023-12-3102490789ns5:LeaseholdImprovements2024-01-012024-12-3102490789ns5:LongLeaseholdAssetsns5:LandBuildings2024-12-3102490789ns5:LeaseholdImprovements2024-12-3102490789ns5:PlantMachinery2024-12-3102490789ns5:LongLeaseholdAssetsns5:LandBuildings2023-12-3102490789ns5:LeaseholdImprovements2023-12-3102490789ns5:PlantMachinery2023-12-3102490789ns5:FurnitureFittings2023-12-3102490789ns5:MotorVehicles2023-12-3102490789ns5:ComputerEquipment2023-12-3102490789ns5:FurnitureFittings2024-12-3102490789ns5:MotorVehicles2024-12-3102490789ns5:ComputerEquipment2024-12-3102490789ns5:FurnitureFittings2023-12-3102490789ns5:MotorVehicles2023-12-3102490789ns5:ComputerEquipment2023-12-3102490789ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3102490789ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3102490789ns5:CurrentFinancialInstruments2024-01-012024-12-3102490789ns5:DeferredTaxation2023-12-3102490789ns5:DeferredTaxation2024-12-3102490789ns10:OrdinaryShareClass12024-12-31
















FIKKERTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






FIKKERTS LIMITED (REGISTERED NUMBER: 02490789)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FIKKERTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: R N Fikkert
Mrs J Fikkert





REGISTERED OFFICE: The Design Studio
Royd Ings Avenue
Keighley
BD21 4BZ





REGISTERED NUMBER: 02490789 (England and Wales)





ACCOUNTANTS: Wilkinson and Partners
Suite 1.07
International Dev. Centre
Valley Road
Ilkley
West Yorkshire
LS29 8AL

FIKKERTS LIMITED (REGISTERED NUMBER: 02490789)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 31,058 36,234
Tangible assets 5 187,002 208,371
218,060 244,605

CURRENT ASSETS
Stocks 541,311 629,112
Debtors 6 452,633 234,026
Cash at bank and in hand 224,493 129,525
1,218,437 992,663
CREDITORS
Amounts falling due within one year 7 222,065 140,622
NET CURRENT ASSETS 996,372 852,041
TOTAL ASSETS LESS CURRENT LIABILITIES 1,214,432 1,096,646

PROVISIONS FOR LIABILITIES 8 43,921 44,245
NET ASSETS 1,170,511 1,052,401

CAPITAL AND RESERVES
Called up share capital 9 10,000 10,000
Retained earnings 1,160,511 1,042,401
SHAREHOLDERS' FUNDS 1,170,511 1,052,401

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

FIKKERTS LIMITED (REGISTERED NUMBER: 02490789)

BALANCE SHEET - continued
31 DECEMBER 2024


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

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 12 February 2025 and were signed on its behalf by:





R N Fikkert - Director


FIKKERTS LIMITED (REGISTERED NUMBER: 02490789)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Fikkerts 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.

Changes in accounting policies
Goodwill in previous years has not been amortised. Accounting policy has been changed this year to depreciate goodwill on a a straight line over ten years, this is considered prudent by management.

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

Goodwill
Goodwill of £51,762 is being depreciated on a straight line basis over ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 10% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


FIKKERTS LIMITED (REGISTERED NUMBER: 02490789)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued
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.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 51,762
AMORTISATION
At 1 January 2024 15,528
Amortisation for year 5,176
At 31 December 2024 20,704
NET BOOK VALUE
At 31 December 2024 31,058
At 31 December 2023 36,234

FIKKERTS LIMITED (REGISTERED NUMBER: 02490789)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


5. TANGIBLE FIXED ASSETS
Improvements
Long to Plant and
leasehold property machinery
£    £    £   
COST
At 1 January 2024 118,396 27,551 381,060
Additions - - 701
Disposals - - -
At 31 December 2024 118,396 27,551 381,761
DEPRECIATION
At 1 January 2024 118,396 5,837 215,435
Charge for year - 2,755 16,633
Eliminated on disposal - - -
At 31 December 2024 118,396 8,592 232,068
NET BOOK VALUE
At 31 December 2024 - 18,959 149,693
At 31 December 2023 - 21,714 165,625

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 93,445 20,185 5,579 646,216
Additions - - 501 1,202
Disposals - (20,185 ) - (20,185 )
At 31 December 2024 93,445 - 6,080 627,233
DEPRECIATION
At 1 January 2024 73,765 20,185 4,227 437,845
Charge for year 1,968 - 1,215 22,571
Eliminated on disposal - (20,185 ) - (20,185 )
At 31 December 2024 75,733 - 5,442 440,231
NET BOOK VALUE
At 31 December 2024 17,712 - 638 187,002
At 31 December 2023 19,680 - 1,352 208,371

FIKKERTS LIMITED (REGISTERED NUMBER: 02490789)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 142,818 64,162
S455 tax 48,580 -
Directors' current accounts 222,746 143,326
Prepayments 38,489 26,538
452,633 234,026

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 74,918 47,257
Tax 54,799 45,171
Social security and other taxes 11,955 5,872
VAT 66,174 28,948
Other creditors 1,541 1,433
Accrued expenses 12,678 11,941
222,065 140,622

Loans from directors are interest free and repayable on demand.

8. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 43,921 44,245

Deferred
tax
£   
Balance at 1 January 2024 44,245
Accelerated capital allowances (324 )
Balance at 31 December 2024 43,921

The entire provision for deferred tax relates to accelerated capital allowances.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
10,000 Ordinary 1.00 10,000 10,000