Fiocastle Ltd 14761396 false 2023-03-27 2024-03-31 2024-03-31 The principal activity of the company is Raising of other animals. Digita Accounts Production Advanced 6.30.9574.0 true true 14761396 2023-03-27 2024-03-31 14761396 2024-03-31 14761396 core:RetainedEarningsAccumulatedLosses 2024-03-31 14761396 core:ShareCapital 2024-03-31 14761396 core:CurrentFinancialInstruments 2024-03-31 14761396 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 14761396 core:FurnitureFittingsToolsEquipment 2024-03-31 14761396 bus:SmallEntities 2023-03-27 2024-03-31 14761396 bus:AuditExemptWithAccountantsReport 2023-03-27 2024-03-31 14761396 bus:FilletedAccounts 2023-03-27 2024-03-31 14761396 bus:SmallCompaniesRegimeForAccounts 2023-03-27 2024-03-31 14761396 bus:RegisteredOffice 2023-03-27 2024-03-31 14761396 bus:Director1 2023-03-27 2024-03-31 14761396 bus:PrivateLimitedCompanyLtd 2023-03-27 2024-03-31 14761396 core:FurnitureFittings 2023-03-27 2024-03-31 14761396 core:FurnitureFittingsToolsEquipment 2023-03-27 2024-03-31 14761396 countries:EnglandWales 2023-03-27 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 14761396

Fiocastle Ltd

Unaudited Filleted Financial Statements

for the Period from 27 March 2023 to 31 March 2024

 

Fiocastle Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Fiocastle Ltd

(Registration number: 14761396)
Balance Sheet as at 31 March 2024

Note

2024
£

Fixed assets

 

Tangible assets

4

328

Current assets

 

Debtors

5

333

Cash at bank and in hand

 

264

 

597

Creditors: Amounts falling due within one year

6

(670)

Net current liabilities

 

(73)

Net assets

 

255

Capital and reserves

 

Called up share capital

100

Retained earnings

155

Shareholders' funds

 

255

For the financial period ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 March 2025
 

.........................................
J Fielding
Director

 

Fiocastle Ltd

Notes to the Unaudited Financial Statements for the Period from 27 March 2023 to 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
9 Thorn Street
Sabden
Clitheroe
Lancashire
BB7 9EY
England

These financial statements were authorised for issue by the director on 24 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared in sterling (£) using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Fiocastle Ltd

Notes to the Unaudited Financial Statements for the Period from 27 March 2023 to 31 March 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and Fittings

15% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

 

Fiocastle Ltd

Notes to the Unaudited Financial Statements for the Period from 27 March 2023 to 31 March 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

364

364

At 31 March 2024

364

364

Depreciation

Charge for the period

36

36

At 31 March 2024

36

36

Carrying amount

At 31 March 2024

328

328

5

Debtors

Current

2024
£

Other debtors

333

 

333

6

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Accruals and deferred income

600

Other creditors

70

670