Fizzogg Limited 09700322 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is marketing and communication services Digita Accounts Production Advanced 6.30.9574.0 true true 09700322 2023-07-01 2024-06-30 09700322 2024-06-30 09700322 bus:OrdinaryShareClass1 2024-06-30 09700322 core:CurrentFinancialInstruments 2024-06-30 09700322 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 09700322 core:FurnitureFittingsToolsEquipment 2024-06-30 09700322 core:OtherPropertyPlantEquipment 2024-06-30 09700322 bus:SmallEntities 2023-07-01 2024-06-30 09700322 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 09700322 bus:FilletedAccounts 2023-07-01 2024-06-30 09700322 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09700322 bus:RegisteredOffice 2023-07-01 2024-06-30 09700322 bus:Director1 2023-07-01 2024-06-30 09700322 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 09700322 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09700322 core:ComputerEquipment 2023-07-01 2024-06-30 09700322 core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 09700322 core:OfficeEquipment 2023-07-01 2024-06-30 09700322 core:OtherPropertyPlantEquipment 2023-07-01 2024-06-30 09700322 core:PlantMachinery 2023-07-01 2024-06-30 09700322 countries:England 2023-07-01 2024-06-30 09700322 2023-06-30 09700322 core:FurnitureFittingsToolsEquipment 2023-06-30 09700322 core:OtherPropertyPlantEquipment 2023-06-30 09700322 2022-07-01 2023-06-30 09700322 2023-06-30 09700322 bus:OrdinaryShareClass1 2023-06-30 09700322 core:CurrentFinancialInstruments 2023-06-30 09700322 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 09700322 core:FurnitureFittingsToolsEquipment 2023-06-30 09700322 core:OtherPropertyPlantEquipment 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09700322

Fizzogg Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

 

Fizzogg Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Fizzogg Limited

Company Information

Director

Mr William Richard Lyster Wilfred Rymer-Cooper

Registered office

34 Market Street
Bradford-On-Avon
Wiltshire
BA15 1LL

Accountants

BJP Finance Ltd
Chartered Accountants
34 Market Street
Bradford-On-Avon
Wiltshire
BA15 1LL

 

Fizzogg Limited

(Registration number: 09700322)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

4,767

7,876

Current assets

 

Debtors

5

8,736

4,808

Cash at bank and in hand

 

7,327

5,838

 

16,063

10,646

Creditors: Amounts falling due within one year

6

(6,086)

(2,693)

Net current assets

 

9,977

7,953

Total assets less current liabilities

 

14,744

15,829

Provisions for liabilities

(983)

(1,573)

Net assets

 

13,761

14,256

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

13,661

14,156

Shareholders' funds

 

13,761

14,256

For the financial 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.

Director's responsibilities:

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

The director acknowledges his 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 21 March 2025
 

 

Fizzogg Limited

(Registration number: 09700322)
Balance Sheet as at 30 June 2024

.........................................
Mr William Richard Lyster Wilfred Rymer-Cooper
Director

 

Fizzogg Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

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

The address of its registered office is:
34 Market Street
Bradford-On-Avon
Wiltshire
BA15 1LL
England

These financial statements were authorised for issue by the director on 21 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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared 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.

 

Fizzogg Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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.

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

Office Equipment

25% Straight line

Computer Equipment

50% Straight line

Plant & Machinery

10% 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.

 

Fizzogg Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

 

Fizzogg Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 July 2023

45,637

177

45,814

Additions

2,601

-

2,601

At 30 June 2024

48,238

177

48,415

Depreciation

At 1 July 2023

37,913

25

37,938

Charge for the year

5,692

18

5,710

At 30 June 2024

43,605

43

43,648

Carrying amount

At 30 June 2024

4,633

134

4,767

At 30 June 2023

7,724

152

7,876

5

Debtors

Current

2024
£

2023
£

Trade debtors

8,736

4,368

Other debtors

-

440

 

8,736

4,808

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8

1,081

-

Taxation and social security

 

3,573

1,290

Accruals and deferred income

 

1,432

1,325

Other creditors

 

-

78

 

6,086

2,693

 

Fizzogg Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £1 each

100

100

100

100

       

8

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Other borrowings

1,081

-

9

Dividends

2024

2023

£

£

Interim dividend of £70.00 (2023 - £50.00) per ordinary share

7,000

5,000