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REGISTERED NUMBER: 03659554 (England and Wales)






























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

FWP LEICESTER LIMITED

FWP LEICESTER LIMITED (REGISTERED NUMBER: 03659554)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FWP LEICESTER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mr SA Kent
Mr JA Maker
Mr MA Weale





REGISTERED OFFICE: Granville Hall
Granville Road
Leicester
Leicestershire
LE1 7RU





REGISTERED NUMBER: 03659554 (England and Wales)

FWP LEICESTER LIMITED (REGISTERED NUMBER: 03659554)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,417 2,457

CURRENT ASSETS
Stocks 21,027 20,522
Debtors 5 750 750
Cash at bank 8,049 13,244
29,826 34,516
CREDITORS
Amounts falling due within one year 6 30,042 24,589
NET CURRENT (LIABILITIES)/ASSETS (216 ) 9,927
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,201

12,384

PROVISIONS FOR LIABILITIES 120 120
NET ASSETS 1,081 12,264

CAPITAL AND RESERVES
Called up share capital 230 230
Capital redemption reserve 7 170 170
Retained earnings 7 681 11,864
1,081 12,264

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

FWP LEICESTER LIMITED (REGISTERED NUMBER: 03659554)

BALANCE SHEET - continued
30 JUNE 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 February 2025 and were signed on its behalf by:




Mr SA Kent - Director



Mr JA Maker - Director


FWP LEICESTER LIMITED (REGISTERED NUMBER: 03659554)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

FWP Leicester 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.

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

The company offers the following services: (1) Securing the letting for the landlord including rent collection; and (2) Managing the letting on behalf of the landlord. Commissions earned on the above services are recognised as follows: (1) Commissions on securing the letting are recognised immediately (2) The management fee is billed and recognised monthly at a fixed percentage of the monthly rental.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


FWP LEICESTER LIMITED (REGISTERED NUMBER: 03659554)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 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.

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 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023
and 30 June 2024 300 3,987 9,999 10,477 24,763
DEPRECIATION
At 1 July 2023 181 2,705 9,999 9,421 22,306
Charge for year 30 321 - 689 1,040
At 30 June 2024 211 3,026 9,999 10,110 23,346
NET BOOK VALUE
At 30 June 2024 89 961 - 367 1,417
At 30 June 2023 119 1,282 - 1,056 2,457

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 750 750

FWP LEICESTER LIMITED (REGISTERED NUMBER: 03659554)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 23,810 23,857
Other creditors 6,232 732
30,042 24,589

7. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 July 2023 11,864 170 12,034
Profit for the year 52,322 52,322
Dividends (63,505 ) (63,505 )
At 30 June 2024 681 170 851