Fussells Limited 06346099 false 2023-09-01 2024-11-30 2024-11-30 The principal activity of the company is that of an estate agent Digita Accounts Production Advanced 6.30.9574.0 true false 06346099 2023-09-01 2024-11-30 06346099 2024-11-30 06346099 core:CurrentFinancialInstruments 2024-11-30 06346099 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 06346099 bus:SmallEntities 2023-09-01 2024-11-30 06346099 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-11-30 06346099 bus:FilletedAccounts 2023-09-01 2024-11-30 06346099 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-11-30 06346099 bus:RegisteredOffice 2023-09-01 2024-11-30 06346099 bus:CompanySecretaryDirector1 2023-09-01 2024-11-30 06346099 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-11-30 06346099 countries:AllCountries 2023-09-01 2024-11-30 06346099 2022-09-01 2023-08-31 06346099 2023-08-31 06346099 core:CurrentFinancialInstruments 2023-08-31 06346099 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 iso4217:GBP xbrli:pure

Registration number: 06346099

Fussells Limited

Cessation Filleted Annual Report and Unaudited Abridged Financial Statements

for the Period from 1 September 2023 to 30 November 2024

 

Fussells Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Abridged Financial Statements

4 to 6

 

Fussells Limited

Company Information

Director

Mrs S Fussell

Company secretary

Mrs S Fussell

Registered office

6 Market Street
Caerphilly
CF83 1NX

Accountants

HSJ Accountants Ltd
Severn House
Hazell Drive
Newport
South Wales
NP10 8FY

 

Fussells Limited

(Registration number: 06346099)
Abridged Balance Sheet as at 30 November 2024

Note

2024
£

2023
£

Current assets

 

Debtors

-

3,864

Cash at bank and in hand

 

1,287

11,271

 

1,287

15,135

Prepayments and accrued income

 

400

625

Creditors: Amounts falling due within one year

(24,487)

(41,126)

Total assets less current liabilities

 

(22,800)

(25,366)

Accruals and deferred income

 

(2,280)

(2,190)

Net liabilities

 

(25,080)

(27,556)

Capital and reserves

 

Called up share capital

4

10

10

Retained earnings

(25,090)

(27,566)

Shareholders' deficit

 

(25,080)

(27,556)

 

Fussells Limited

(Registration number: 06346099)
Abridged Balance Sheet as at 30 November 2024

For the financial period ending 30 November 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.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 19 May 2025
 

.........................................

Mrs S Fussell
Company secretary and director

 

Fussells Limited

Notes to the Abridged Financial Statements for the Period from 1 September 2023 to 30 November 2024

1

General information

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

The address of its registered office is:
6 Market Street
Caerphilly
CF83 1NX
Wales

These financial statements were authorised for issue by the director on 19 May 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 abridged 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 abridged 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 company ceased to trade on 30 November 2024, as such the finacial statments have not been prepared on a the going cocern 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 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.

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.

Borrowings

 

Fussells Limited

Notes to the Abridged Financial Statements for the Period from 1 September 2023 to 30 November 2024

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2023 - 3).

4

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

10

10

10

10

       
 

Fussells Limited

Notes to the Abridged Financial Statements for the Period from 1 September 2023 to 30 November 2024

5

Related party transactions

Other transactions with the director

During the period the director made unsecured, interest free, repayable on demand loans to the company. At the balance sheet date the amount due to the director was £24,487 (August 2023 - £41,126).