1 November 2023 false Taxfiler 2024.6 07419622business:PrivateLimitedCompanyLtd2023-11-012024-10-31 074196222023-10-31 074196222023-11-012024-10-31 07419622business:AuditExemptWithAccountantsReport2023-11-012024-10-31 07419622business:FilletedAccounts2023-11-012024-10-31 074196222024-10-31 07419622business:Director12023-11-012024-10-31 07419622business:Director22023-11-012024-10-31 07419622business:Director32023-11-012024-10-31 07419622business:RegisteredOffice2023-11-012024-10-31 074196222023-10-31 07419622core:WithinOneYear2024-10-31 07419622core:WithinOneYear2023-10-31 07419622core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 07419622core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 07419622core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 07419622core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 07419622core:PreviouslyStatedAmount2024-10-31 07419622core:PreviouslyStatedAmount2023-10-31 07419622business:SmallEntities2023-11-012024-10-31 07419622countries:EnglandWales2023-11-012024-10-31 07419622core:PlantMachinery2023-11-012024-10-31 07419622core:MotorVehicles2023-11-012024-10-31 07419622core:FurnitureFittings2023-11-012024-10-31 07419622core:ComputerEquipment2023-11-012024-10-31 07419622core:PlantMachinery2023-10-31 07419622core:MotorVehicles2023-10-31 07419622core:FurnitureFittings2023-10-31 07419622core:ComputerEquipment2023-10-31 07419622core:PlantMachinery2024-10-31 07419622core:MotorVehicles2024-10-31 07419622core:FurnitureFittings2024-10-31 07419622core:ComputerEquipment2024-10-31 07419622core:AcceleratedTaxDepreciationDeferredTax2024-10-31 07419622core:AcceleratedTaxDepreciationDeferredTax2023-10-31 074196222022-10-31 074196222022-11-012023-10-31 07419622business:OrdinaryShareClass12023-11-012024-10-31 07419622business:OrdinaryShareClass12022-11-012023-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07419622 (England and Wales)
Fitzjohn Flooring Ltd Unaudited accounts for the year ended 31 October 2024
Fitzjohn Flooring Ltd Unaudited accounts Contents
Page
- 2 -
Fitzjohn Flooring Ltd Company Information for the year ended 31 October 2024
Directors
Michael Fitzjohn Robert Atton Penny Atton
Company Number
07419622 (England and Wales)
Registered Office
15 Gallowstree Lane Westlands Newcastle under Lyme Staffordshire ST5 2QS England
Accountants
James Accountancy Services Ltd 3 Waterloo Grove Kidsgrove Stoke-on-Trent Staffordshire ST7 4SY
- 3 -
Fitzjohn Flooring Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,160 
19,280 
Current assets
Inventories
12,800 
12,700 
Debtors
78,359 
97,076 
Cash at bank and in hand
78,782 
78,018 
169,941 
187,794 
Creditors: amounts falling due within one year
(57,242)
(42,357)
Net current assets
112,699 
145,437 
Total assets less current liabilities
135,859 
164,717 
Provisions for liabilities
Deferred tax
(4,400)
(3,663)
Net assets
131,459 
161,054 
Capital and reserves
Called up share capital
101 
101 
Profit and loss account
131,358 
160,953 
Shareholders' funds
131,459 
161,054 
For the year ending 31 October 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 18 July 2025 and were signed on its behalf by
Penny Atton Director Company Registration No. 07419622
- 4 -
Fitzjohn Flooring Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Fitzjohn Flooring Ltd is a private company, limited by shares, registered in England and Wales, registration number 07419622. The registered office is 15 Gallowstree Lane, Westlands, Newcastle under Lyme, Staffordshire, ST5 2QS, England.
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 as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance method.
Motor vehicles
20% reducing balance method.
Fixtures & fittings
20% reducing balance method.
Computer equipment
20% reducing balance method.
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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.
- 5 -
Fitzjohn Flooring Ltd Notes to the Accounts for the year ended 31 October 2024
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 November 2023
2,442 
39,793 
2,496 
1,390 
46,121 
Additions
3,656 
5,260 
- 
- 
8,916 
Disposals
- 
- 
- 
(815)
(815)
At 31 October 2024
6,098 
45,053 
2,496 
575 
54,222 
Depreciation
At 1 November 2023
942 
22,793 
2,116 
990 
26,841 
Charge for the year
1,066 
3,760 
110 
100 
5,036 
On disposals
- 
- 
- 
(815)
(815)
At 31 October 2024
2,008 
26,553 
2,226 
275 
31,062 
Net book value
At 31 October 2024
4,090 
18,500 
270 
300 
23,160 
At 31 October 2023
1,500 
17,000 
380 
400 
19,280 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
14,189 
9,697 
Trade debtors
64,170 
87,379 
78,359 
97,076 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,883 
1,781 
Trade creditors
46,661 
24,143 
Taxes and social security
7,005 
15,209 
Loans from directors
843 
474 
Accruals
850 
750 
57,242 
42,357 
- 6 -
Fitzjohn Flooring Ltd Notes to the Accounts for the year ended 31 October 2024
7
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
4,400 
3,663 
2024 
2023 
£ 
£ 
Provision at start of year
3,663 
4,526 
Charged/(credited) to the profit and loss account
737 
(863)
Provision at end of year
4,400 
3,663 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
101 Ordinary shares of £1 each
101 
101 
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).
- 7 -