Company Registration No. 11694516 (England and Wales)
Foreign Muck Limited
Unaudited accounts
for the year ended 30 November 2024
Foreign Muck Limited
Unaudited accounts
Contents
Foreign Muck Limited
Company Information
for the year ended 30 November 2024
Directors
Miss H Lucas
Mr D Thomas
Company Number
11694516 (England and Wales)
Registered Office
Brunel Court
122 Fore Street
Saltash
PL12 6JW
Accountants
Blackwell Bate Ltd
Brunel Court
122 Fore Street
Saltash
Cornwall
PL12 6JW
Foreign Muck Limited
Statement of financial position
as at 30 November 2024
Tangible assets
59,077
77,084
Cash at bank and in hand
4,933
6,169
Creditors: amounts falling due within one year
(70,410)
(51,314)
Net current assets
116,761
147,260
Total assets less current liabilities
175,838
224,344
Creditors: amounts falling due after more than one year
(558,110)
(465,248)
Net liabilities
(382,272)
(240,904)
Called up share capital
2
2
Profit and loss account
(382,274)
(240,906)
Shareholders' funds
(382,272)
(240,904)
For the year ending 30 November 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 29 August 2025 and were signed on its behalf by
Miss H Lucas
Director
Company Registration No. 11694516
Foreign Muck Limited
Notes to the Accounts
for the year ended 30 November 2024
Foreign Muck Limited is a private company, limited by shares, registered in England and Wales, registration number 11694516. The registered office is Brunel Court, 122 Fore Street, Saltash, PL12 6JW.
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.
These financial statements for the year ended 30 November 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
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% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Foreign Muck Limited
Notes to the Accounts
for the year ended 30 November 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2023
166,570
53,116
219,686
At 30 November 2024
167,932
53,116
221,048
At 1 December 2023
95,026
47,576
142,602
Charge for the year
14,398
4,971
19,369
At 30 November 2024
109,424
52,547
161,971
At 30 November 2024
58,508
569
59,077
At 30 November 2023
71,544
5,540
77,084
Amounts falling due within one year
Other debtors
167,111
180,090
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,004
10,004
Trade creditors
1,493
10,242
Taxes and social security
1,172
1,720
Other creditors
26,085
9,630
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
548,947
446,081
8
Average number of employees
During the year the average number of employees was 30 (2023: 48).