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REGISTERED NUMBER: 00624562 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Fosters of Thrybergh Limited

Fosters of Thrybergh Limited (Registered number: 00624562)






Contents of the Financial Statements
for the year ended 31 October 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Fosters of Thrybergh Limited

Company Information
for the year ended 31 October 2024







DIRECTORS: Mrs M B Foster
R Foster
J B Foster
Miss S Foster





SECRETARY: R Foster





REGISTERED OFFICE: Doncaster Road
Thrybergh
Rotherham
South Yorkshire
S65 4BE





REGISTERED NUMBER: 00624562 (England and Wales)





ACCOUNTANTS: Royston Parkin Limited
2 President Buildings
Savile Street East
Sheffield
South Yorkshire
S4 7UQ

Fosters of Thrybergh Limited (Registered number: 00624562)

Statement of Financial Position
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 272,298 287,552

CURRENT ASSETS
Debtors 5 36,179 9,388
Prepayments and accrued income 2,509 2,507
Cash at bank 129,063 146,484
167,751 158,379
CREDITORS
Amounts falling due within one year 6 219,788 202,697
NET CURRENT LIABILITIES (52,037 ) (44,318 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

220,261

243,234

CAPITAL AND RESERVES
Called up share capital 33,573 33,573
Share premium 246,427 246,427
Revaluation reserve 7 15,458 15,458
Retained earnings (75,197 ) (52,224 )
SHAREHOLDERS' FUNDS 220,261 243,234

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

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

Fosters of Thrybergh Limited (Registered number: 00624562)

Statement of Financial Position - continued
31 October 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 10 February 2025 and were signed on its behalf by:





Miss S Foster - Director


Fosters of Thrybergh Limited (Registered number: 00624562)

Notes to the Financial Statements
for the year ended 31 October 2024

1. STATUTORY INFORMATION

Fosters of Thrybergh 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Motor vehicles - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Fosters of Thrybergh Limited (Registered number: 00624562)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

3. EMPLOYEES AND DIRECTORS

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

4. PROPERTY, PLANT AND EQUIPMENT
Freehold Motor
property vehicles Totals
£    £    £   
COST OR VALUATION
At 1 November 2023
and 31 October 2024 724,445 54,054 778,499
DEPRECIATION
At 1 November 2023 445,436 45,511 490,947
Charge for year 13,117 2,137 15,254
At 31 October 2024 458,553 47,648 506,201
NET BOOK VALUE
At 31 October 2024 265,892 6,406 272,298
At 31 October 2023 279,009 8,543 287,552

Included in cost or valuation of land and buildings is freehold land of £ 65,121 (2023 - £ 65,121 ) which is not depreciated.

Cost or valuation at 31 October 2024 is represented by:

Freehold Motor
property vehicles Totals
£    £    £   
Valuation in 1978 40,681 - 40,681
Cost 683,764 54,054 737,818
724,445 54,054 778,499

Freehold land and buildings were valued on an open market basis on 26 October 1978 by Eyre and Heslop .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 19,787 7,964
Other debtors 16,392 1,424
36,179 9,388

Fosters of Thrybergh Limited (Registered number: 00624562)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 402
Amounts owed to group undertakings 177,428 177,428
Taxation and social security 5,047 1,994
Other creditors 37,313 22,873
219,788 202,697

7. RESERVES
Revaluation
reserve
£   
At 1 November 2023
and 31 October 2024 15,458

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2024 and 31 October 2023:

2024 2023
£    £   
Mrs M B Foster
Balance outstanding at start of year 1,066 1,066
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,066 1,066

R Foster
Balance outstanding at start of year (6,997 ) (6,997 )
Amounts advanced 999 2,000
Amounts repaid (1,000 ) (2,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (6,998 ) (6,997 )

J B Foster
Balance outstanding at start of year (13,070 ) (13,070 )
Amounts advanced 1,875 3,334
Amounts repaid (1,876 ) (3,334 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (13,071 ) (13,070 )

Fosters of Thrybergh Limited (Registered number: 00624562)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Miss S Foster
Balance outstanding at start of year 357 177
Amounts advanced 3,645 2,278
Amounts repaid (2,666 ) (2,098 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,336 357

Loans made to the directors of the company are interest free with no fixed repayment date.