Company Registration No. 08394884 (England and Wales)
FM4U Ltd
Unaudited accounts
for the year ended 31 May 2024
FM4U Ltd
Unaudited accounts
Contents
FM4U Ltd
Company Information
for the year ended 31 May 2024
Directors
Louise Common
Michael Common
Company Number
08394884 (England and Wales)
Registered Office
29 GARTHFIELD CRESCENT GARTHFIELD CRESCE
NEWCASTLE UPON TYNE
NE5 2LY
UNITED KINGDOM
FM4U Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
112,419
95,673
Cash at bank and in hand
590,232
599,194
Creditors: amounts falling due within one year
(871,083)
(781,365)
Net current assets
325,033
536,980
Total assets less current liabilities
437,452
632,653
Creditors: amounts falling due after more than one year
(11,057)
(21,047)
Net assets
426,395
611,606
Called up share capital
100
100
Profit and loss account
426,295
611,506
Shareholders' funds
426,395
611,606
For the year ending 31 May 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 February 2025 and were signed on its behalf by
Louise Common
Director
Company Registration No. 08394884
FM4U Ltd
Notes to the Accounts
for the year ended 31 May 2024
FM4U Ltd is a private company, limited by shares, registered in England and Wales, registration number 08394884. The registered office is 29 GARTHFIELD CRESCENT GARTHFIELD CRESCE, NEWCASTLE UPON TYNE, NE5 2LY, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2023
7,242
142,057
149,299
Disposals
-
(54,019)
(54,019)
At 31 May 2024
7,242
143,704
150,946
At 1 June 2023
7,214
46,412
53,626
Charge for the year
26
20,463
20,489
On disposals
-
(35,588)
(35,588)
At 31 May 2024
7,240
31,287
38,527
At 31 May 2024
2
112,417
112,419
At 31 May 2023
28
95,645
95,673
FM4U Ltd
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
577,296
422,877
Amounts due from group undertakings etc.
-
21,409
Accrued income and prepayments
27,391
5,722
Amounts falling due after more than one year
Amounts due from group undertakings etc.
-
263,755
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,700
9,700
Trade creditors
543,165
494,724
Taxes and social security
108,632
67,930
Proposed dividends
-
7,000
Other creditors
2,402
2,304
Loans from directors
(2,743)
-
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 13 (2023: 13).