Company Registration No. 09633481 (England and Wales)
FGF BUILDING LTD
Unaudited accounts
for the year ended 30 June 2024
FGF BUILDING LTD
Unaudited accounts
Contents
FGF BUILDING LTD
Company Information
for the year ended 30 June 2024
Company Number
09633481 (England and Wales)
Registered Office
33 Montpelier Rise,
Wembley
HA9 8RG
United Kingdom,
Accountants
Agents For Accounting Ltd
Apex House, 2nd Floor
Grand Arcade
London
N12 0EH
FGF BUILDING LTD
Statement of financial position
as at 30 June 2024
Tangible assets
8,668
10,375
Cash at bank and in hand
203,651
131,926
Creditors: amounts falling due within one year
(107,947)
(87,060)
Net current assets
102,285
53,892
Total assets less current liabilities
110,953
64,267
Provisions for liabilities
Deferred tax
(1,647)
(1,971)
Called up share capital
100
100
Profit and loss account
109,206
62,196
Shareholders' funds
109,306
62,296
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 4 March 2025 and were signed on its behalf by
Fatos Hysa
Director
Company Registration No. 09633481
FGF BUILDING LTD
Notes to the Accounts
for the year ended 30 June 2024
FGF BUILDING LTD is a private company, limited by shares, registered in England and Wales, registration number 09633481. The registered office is 33 Montpelier Rise, , Wembley, HA9 8RG, United Kingdom,.
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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.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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
Straight Line Method- 20%
Motor vehicles
Straight Line Method- 20%
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2023
12,445
23,799
36,244
At 30 June 2024
12,875
23,799
36,674
At 1 July 2023
9,869
16,000
25,869
Charge for the year
577
1,560
2,137
At 30 June 2024
10,446
17,560
28,006
At 30 June 2024
2,429
6,239
8,668
At 30 June 2023
2,576
7,799
10,375
FGF BUILDING LTD
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
14,738
20,092
Obligations under finance leases and hire purchase contracts
-
2,540
Taxes and social security
27,161
14,600
Loans from directors
57,915
47,821
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
During the year, the company owed £57,915 to the director of the company.
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Average number of employees
During the year the average number of employees was 1 (2023: 1).