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Registration number: 03239871

Fuel Oils Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 September 2024

 

Fuel Oils Limited

Contents
__________________________________________________________________________

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Fuel Oils Limited

Company Information
__________________________________________________________________________

Directors

Mrs Barbara Durell

Sarah Evans

Stuart Durell

Registered office

342 Regents Park Road
Finchley
London
N3 2LJ


 

Accountants

Brooks Green
Chartered AccountantsAbbey House
342 Regents Park Road
London
N3 2LJ

 

Fuel Oils Limited

(Registration number: 03239871)
Balance Sheet as at 30 September 2024
__________________________________________________________________________

Note

2024
£

2023
£

           

Current assets

   

 

Debtors

3

 

2

 

2

Capital and reserves

   

 

Called up share capital

4

2

 

2

 

Shareholders' funds

   

2

 

2

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 and 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 May 2025 and signed on its behalf by:
 

.........................................
Sarah Evans
Director

.........................................
Stuart Durell
Director

 

Fuel Oils Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024
__________________________________________________________________________

1

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 using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair 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.

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.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

3

Debtors

Current

2024
£

2023
£

Other debtors

2

2

 

2

2

4

Share capital

Allotted, called up and fully paid shares

 

Fuel Oils Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024
__________________________________________________________________________

2024

2023

No.

£

No.

£

Ordinary of £1 each

2

2

2

2

NewRow_1 of £0 each

-

-

-

-

2

2

2

2