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REGISTERED NUMBER: 05241987 (England and Wales)





















FOUNTAIN CONSTRUCTION LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






FOUNTAIN CONSTRUCTION LIMITED (REGISTERED NUMBER: 05241987)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


FOUNTAIN CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: T W Fountain





REGISTERED OFFICE: 22-24 Harborough Road
Kingsthorpe
Northampton
NN2 7AZ





REGISTERED NUMBER: 05241987 (England and Wales)





ACCOUNTANTS: Phipps Henson McAllister
Chartered Accountants
22-24 Harborough Road
Kingsthorpe
Northampton
NN2 7AZ

FOUNTAIN CONSTRUCTION LIMITED (REGISTERED NUMBER: 05241987)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 141,673 52,341

CURRENT ASSETS
Stock and work in progress 149,463 1,057,013
Debtors 5 1,391,802 588,064
Cash at bank 335,439 44,063
1,876,704 1,689,140
CREDITORS
Amounts falling due within one year 6 593,179 381,049
NET CURRENT ASSETS 1,283,525 1,308,091
TOTAL ASSETS LESS CURRENT LIABILITIES 1,425,198 1,360,432

CREDITORS
Amounts falling due after more than one
year

7

(70,375

)

(220,000

)

PROVISIONS FOR LIABILITIES (12,727 ) (13,085 )
NET ASSETS 1,342,096 1,127,347

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 1,342,094 1,127,345
SHAREHOLDERS' FUNDS 1,342,096 1,127,347

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

FOUNTAIN CONSTRUCTION LIMITED (REGISTERED NUMBER: 05241987)

BALANCE SHEET - continued
31 MARCH 2025


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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 August 2025 and were signed by:





T W Fountain - Director


FOUNTAIN CONSTRUCTION LIMITED (REGISTERED NUMBER: 05241987)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Fountain Construction Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stock and work in progress to their present location and condition.

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.

Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

FOUNTAIN CONSTRUCTION LIMITED (REGISTERED NUMBER: 05241987)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
Equipment fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 41,000 334 89,540 7,056 137,930
Additions - - 116,492 - 116,492
At 31 March 2025 41,000 334 206,032 7,056 254,422
DEPRECIATION
At 1 April 2024 26,552 229 53,845 4,963 85,589
Charge for year 3,603 21 23,013 523 27,160
At 31 March 2025 30,155 250 76,858 5,486 112,749
NET BOOK VALUE
At 31 March 2025 10,845 84 129,174 1,570 141,673
At 31 March 2024 14,448 105 35,695 2,093 52,341

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 314,165 750
Other debtors 629,691 526,972
VAT 32,962 40,259
Prepayments 414,984 20,083
1,391,802 588,064

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 17,447 5,000
Trade creditors 408,869 139,347
Corporation tax 84,909 71,907
Social security and other taxes 17,818 8,491
Other creditors 610 38,094
Director's current account 48,229 95,915
Accruals and deferred income 15,297 22,295
593,179 381,049

FOUNTAIN CONSTRUCTION LIMITED (REGISTERED NUMBER: 05241987)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 70,375 5,000
Directors' loan accounts - 215,000
70,375 220,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
2 Ordinary £1 2 2