S. F. FITZPATRICK LIMITED

Company Registration Number:
03270522 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

S. F. FITZPATRICK LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

S. F. FITZPATRICK LIMITED

Directors' report period ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Directors

The directors shown below have held office during the whole of the period from
1 December 2023 to 30 November 2024

MR STEPHEN FITZPATRICK
MR RYAN FITZPATRICK


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
25 March 2025

And signed on behalf of the board by:
Name: MR STEPHEN FITZPATRICK
Status: Director

S. F. FITZPATRICK LIMITED

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 650,886 593,850
Cost of sales: ( 160,166 ) ( 116,597 )
Gross profit(or loss): 490,720 477,253
Administrative expenses: ( 302,091 ) ( 335,063 )
Operating profit(or loss): 188,629 142,190
Interest receivable and similar income: 144 355
Profit(or loss) before tax: 188,773 142,545
Tax: ( 38,927 ) ( 24,611 )
Profit(or loss) for the financial year: 149,846 117,934

S. F. FITZPATRICK LIMITED

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 151,733 125,593
Investments: 4 130,353
Total fixed assets: 282,086 125,593
Current assets
Stocks: 5 2,500 318
Debtors: 6 147,988 176,876
Cash at bank and in hand: 965,592 1,073,551
Total current assets: 1,116,080 1,250,745
Creditors: amounts falling due within one year: 7 ( 58,748 ) ( 156,766 )
Net current assets (liabilities): 1,057,332 1,093,979
Total assets less current liabilities: 1,339,418 1,219,572
Total net assets (liabilities): 1,339,418 1,219,572
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,339,318 1,219,472
Total Shareholders' funds: 1,339,418 1,219,572

The notes form part of these financial statements

S. F. FITZPATRICK LIMITED

Balance sheet statements

For the year ending 30 November 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 25 March 2025
and signed on behalf of the board by:

Name: MR STEPHEN FITZPATRICK
Status: Director

The notes form part of these financial statements

S. F. FITZPATRICK LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    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: Land & buildings 2.4% RB Plant & machinery 25% RB Motor vehicles 25% RB Fixtures & fittings 25% RB Computer equipment 25% RB

    Other accounting policies

    Investment property Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. Deferred taxation Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

S. F. FITZPATRICK LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 5

S. F. FITZPATRICK LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 11,436 88,456 1,315 861 209,645 311,713
Additions 3,250 70,891 74,141
Disposals
Revaluations
Transfers
At 30 November 2024 11,436 91,706 1,315 861 280,536 385,854
Depreciation
At 1 December 2023 2,889 69,824 1,315 215 111,877 186,120
Charge for year 206 5,470 161 42,164 48,001
On disposals
Other adjustments
At 30 November 2024 3,095 75,294 1,315 376 154,041 234,121
Net book value
At 30 November 2024 8,341 16,412 0 485 126,495 151,733
At 30 November 2023 8,547 18,632 0 646 97,768 125,593

S. F. FITZPATRICK LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Fixed assets investments note

Investment property 2024 Additions £130,353 At 30 November 2024 £130,353

S. F. FITZPATRICK LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Stocks

2024 2023
£ £
Stocks 2,500 318
Total 2,500 318

S. F. FITZPATRICK LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

6. Debtors

2024 2023
£ £
Trade debtors 103,378 97,100
Other debtors 44,610 79,776
Total 147,988 176,876

S. F. FITZPATRICK LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

7. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 20,000
Trade creditors 18,348 85,300
Taxation and social security 40,400 33,349
Accruals and deferred income 4,500
Other creditors 13,617
Total 58,748 156,766