IRIS Accounts Production v25.1.4.42 11590465 director 1.10.23 30.9.24 30.9.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh115904652023-09-30115904652024-09-30115904652023-10-012024-09-30115904652022-09-30115904652022-10-012023-09-30115904652023-09-3011590465ns15:EnglandWales2023-10-012024-09-3011590465ns14:PoundSterling2023-10-012024-09-3011590465ns10:Director12023-10-012024-09-3011590465ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3011590465ns10:SmallEntities2023-10-012024-09-3011590465ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3011590465ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3011590465ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3011590465ns10:FullAccounts2023-10-012024-09-3011590465ns10:OrdinaryShareClass12023-10-012024-09-3011590465ns10:RegisteredOffice2023-10-012024-09-3011590465ns5:CurrentFinancialInstruments2024-09-3011590465ns5:CurrentFinancialInstruments2023-09-3011590465ns5:Non-currentFinancialInstruments2024-09-3011590465ns5:Non-currentFinancialInstruments2023-09-3011590465ns5:ShareCapital2024-09-3011590465ns5:ShareCapital2023-09-3011590465ns5:RetainedEarningsAccumulatedLosses2024-09-3011590465ns5:RetainedEarningsAccumulatedLosses2023-09-3011590465ns5:LandBuildingsns5:ShortLeaseholdAssets2023-09-3011590465ns5:FurnitureFittings2023-09-3011590465ns5:ComputerEquipment2023-09-3011590465ns5:LandBuildingsns5:ShortLeaseholdAssets2023-10-012024-09-3011590465ns5:FurnitureFittings2023-10-012024-09-3011590465ns5:ComputerEquipment2023-10-012024-09-3011590465ns5:LandBuildingsns5:ShortLeaseholdAssets2024-09-3011590465ns5:FurnitureFittings2024-09-3011590465ns5:ComputerEquipment2024-09-3011590465ns5:LandBuildingsns5:ShortLeaseholdAssets2023-09-3011590465ns5:FurnitureFittings2023-09-3011590465ns5:ComputerEquipment2023-09-3011590465ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3011590465ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3011590465ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-09-3011590465ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-09-3011590465ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-09-3011590465ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-09-3011590465ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-09-3011590465ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-09-3011590465ns10:OrdinaryShareClass12024-09-30
REGISTERED NUMBER: 11590465 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

FIG TREE BAY LTD

FIG TREE BAY LTD (REGISTERED NUMBER: 11590465)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FIG TREE BAY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: Mr N S Louca





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 11590465 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

FIG TREE BAY LTD (REGISTERED NUMBER: 11590465)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,100 40,904

CURRENT ASSETS
Stocks 5 2,584 3,205
Debtors 6 12,866 13,371
Cash at bank and in hand 3,746 7,650
19,196 24,226
CREDITORS
Amounts falling due within one year 7 57,182 54,903
NET CURRENT LIABILITIES (37,986 ) (30,677 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

114

10,227

CREDITORS
Amounts falling due after more than one
year

8

30,833

35,833
NET LIABILITIES (30,719 ) (25,606 )

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings (31,719 ) (26,606 )
SHAREHOLDERS' FUNDS (30,719 ) (25,606 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FIG TREE BAY LTD (REGISTERED NUMBER: 11590465)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 June 2025 and were signed by:





Mr N S Louca - Director


FIG TREE BAY LTD (REGISTERED NUMBER: 11590465)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Fig Tree Bay Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts derived from the sale of goods to customers during the year, and is recognised at the date the risks and rewards of ownership of goods were transferred to the customer. This is stated after trade discounts, other sales taxes and net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 9 ) .

FIG TREE BAY LTD (REGISTERED NUMBER: 11590465)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 October 2023 9,198 81,393 2,309 92,900
Additions - 6,199 293 6,492
At 30 September 2024 9,198 87,592 2,602 99,392
DEPRECIATION
At 1 October 2023 3,680 47,854 462 51,996
Charge for year 920 7,948 428 9,296
At 30 September 2024 4,600 55,802 890 61,292
NET BOOK VALUE
At 30 September 2024 4,598 31,790 1,712 38,100
At 30 September 2023 5,518 33,539 1,847 40,904

5. STOCKS
30.9.24 30.9.23
£    £   
Stocks 2,584 3,205

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 2,116 2,182
Other debtors 10,750 11,189
12,866 13,371

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 5,000 5,000
Trade creditors 5,992 7,066
VAT 17,242 15,623
Directors' current accounts 28,948 24,049
Accrued expenses - 3,165
57,182 54,903

FIG TREE BAY LTD (REGISTERED NUMBER: 11590465)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans - 1-2 years 5,000 5,000
Bank loans - 2-5 years 15,000 15,000
Bank loans more 5 yr by instal 10,833 15,833
30,833 35,833

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 10,833 15,833

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
1,000 Ordinary 1 1,000 1,000