1 October 2023 false No description of principal activity Taxfiler 2024.6 08211290business:PrivateLimitedCompanyLtd2023-10-012024-09-30 082112902023-09-30 082112902023-10-012024-09-30 08211290business:AuditExemptWithAccountantsReport2023-10-012024-09-30 08211290business:FilletedAccounts2023-10-012024-09-30 082112902024-09-30 08211290business:Director12023-10-012024-09-30 08211290business:Director22023-10-012024-09-30 08211290business:RegisteredOffice2023-10-012024-09-30 082112902023-09-30 08211290core:WithinOneYear2024-09-30 08211290core:WithinOneYear2023-09-30 08211290core:AfterOneYear2024-09-30 08211290core:AfterOneYear2023-09-30 08211290core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 08211290core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 08211290core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 08211290core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 08211290core:PreviouslyStatedAmount2024-09-30 08211290core:PreviouslyStatedAmount2023-09-30 08211290business:SmallEntities2023-10-012024-09-30 08211290countries:EnglandWales2023-10-012024-09-30 08211290core:PlantMachinery2023-10-012024-09-30 08211290core:MotorVehicles2023-10-012024-09-30 08211290core:PlantMachinery2023-09-30 08211290core:MotorVehicles2023-09-30 08211290core:PlantMachinery2024-09-30 08211290core:MotorVehicles2024-09-30 08211290business:OrdinaryShareClass12023-10-012024-09-30 08211290business:OrdinaryShareClass12022-10-012023-09-30 08211290business:Director112023-10-012024-09-30 08211290business:Director112023-09-30 08211290business:Director112024-09-30 082112902022-10-012023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08211290 (England and Wales)
F Y T Enterprises Limited Unaudited accounts for the year ended 30 September 2024
F Y T Enterprises Limited Unaudited accounts Contents
Page
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F Y T Enterprises Limited Company Information for the year ended 30 September 2024
Directors
Mr F Thompson Mrs Y Thompson
Company Number
08211290 (England and Wales)
Registered Office
McCue House 70 Wilton Road Grimsby N E Lincs DN36 4AW
Accountants
LRCA Limited McCue House 70 Wilton Road Grimsby N E Lincs DN36 4AW
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F Y T Enterprises Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,230 
8,872 
Current assets
Inventories
200 
200 
Debtors
1,273 
12,033 
Cash at bank and in hand
5,296 
9,145 
6,769 
21,378 
Creditors: amounts falling due within one year
(7,887)
(18,576)
Net current (liabilities)/assets
(1,118)
2,802 
Total assets less current liabilities
5,112 
11,674 
Creditors: amounts falling due after more than one year
(4,697)
(9,159)
Provisions for liabilities
Deferred tax
(1,184)
(1,686)
Net (liabilities)/assets
(769)
829 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(869)
729 
Shareholders' funds
(769)
829 
For the 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. 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 30 May 2025 and were signed on its behalf by
Mr F Thompson Director Company Registration No. 08211290
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F Y T Enterprises Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
F Y T Enterprises Limited is a private company, limited by shares, registered in England and Wales, registration number 08211290. The registered office is McCue House, 70 Wilton Road, Grimsby, N E Lincs, DN36 4AW.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
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.
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 cost
Motor vehicles
25% on cost
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Presentation currency
The accounts are presented in £ sterling.
Change in Name
The company changed its name from F D T Enterprises Ltd to F Y T Enterprises Ltd on 10th May 2024.
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F Y T Enterprises Limited Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
5,361 
8,000 
13,361 
Additions
313 
- 
313 
Disposals
(1,668)
- 
(1,668)
At 30 September 2024
4,006 
8,000 
12,006 
Depreciation
At 1 October 2023
3,156 
1,333 
4,489 
Charge for the year
955 
2,000 
2,955 
On disposals
(1,668)
- 
(1,668)
At 30 September 2024
2,443 
3,333 
5,776 
Net book value
At 30 September 2024
1,563 
4,667 
6,230 
At 30 September 2023
2,205 
6,667 
8,872 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
451 
1,223 
Accrued income and prepayments
822 
698 
Other debtors
- 
10,112 
1,273 
12,033 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,316 
9,106 
VAT
- 
917 
Trade creditors
1,475 
1,585 
Taxes and social security
2,788 
6,968 
Other creditors
838 
- 
Loans from directors
350 
- 
Accruals
120 
- 
7,887 
18,576 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,697 
9,159 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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F Y T Enterprises Limited Notes to the Accounts for the year ended 30 September 2024
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Directors loan account
10,112 
22,181 
32,643 
(350)
10,112 
22,181 
32,643 
(350)
The above loan is unsecured, interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 2 (2023: 1).
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