Company Registration No. 08119382 (England and Wales)
Focus (Dewsbury) Ltd
Unaudited accounts
for the year ended 31 May 2024
Focus (Dewsbury) Ltd
Unaudited accounts
Contents
Focus (Dewsbury) Ltd
Company Information
for the year ended 31 May 2024
Directors
N Mutvalli
Y A Chotia
Company Number
08119382 (England and Wales)
Registered Office
140 Old Bank Road
Earlsheaton
Dewsbury
WF12 7AQ
Accountants
CGI Accountants Ltd
Branch House
31-33 Branch Road
Batley
West Yorkshire
WF17 5SB
Focus (Dewsbury) Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
829,713
840,955
Cash at bank and in hand
20,958
1,971
Creditors: amounts falling due within one year
(56,240)
(49,077)
Net current liabilities
(35,282)
(47,106)
Total assets less current liabilities
794,431
793,849
Creditors: amounts falling due after more than one year
(1,021,412)
(1,009,676)
Net liabilities
(226,981)
(215,827)
Called up share capital
100
100
Profit and loss account
(227,081)
(215,927)
Shareholders' funds
(226,981)
(215,827)
For the year ending 31 May 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 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 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 of Directors and authorised for issue on 29 May 2025 and were signed on its behalf by
N Mutvalli
Director
Company Registration No. 08119382
Focus (Dewsbury) Ltd
Notes to the Accounts
for the year ended 31 May 2024
Focus (Dewsbury) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08119382. The registered office is 140 Old Bank Road, Earlsheaton, Dewsbury, WF12 7AQ.
2
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.
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 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
20% on reducing balance
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 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.
Focus (Dewsbury) Ltd
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 June 2023
784,745
454,941
1,239,686
At 31 May 2024
784,745
454,941
1,239,686
At 1 June 2023
-
398,731
398,731
Charge for the year
-
11,242
11,242
At 31 May 2024
-
409,973
409,973
At 31 May 2024
784,745
44,968
829,713
At 31 May 2023
784,745
56,210
840,955
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
55,200
47,085
Other creditors
1,040
1,992
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
416,667
299,875
Loans from directors
604,745
619,801
The ultimate controlling party by virtue of the ownership of shares were the Directors
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).