REGISTERED NUMBER: 01157210 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

F.K. COMMERCIALS LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

A Courts

REGISTERED OFFICE:

Sannerville Chase

Exminster

Exeter

Devon

EX6 8AT

REGISTERED NUMBER:

01157210 (England and Wales)

ACCOUNTANTS:

Sheppard Rockey & Williams Ltd

Sannerville Chase

Exminster

Exeter

Devon

EX6 8AT

FIXED ASSETS

Tangible assets

4

22,243

26,512

CURRENT ASSETS

Debtors

5

56,157

63,100

Cash at bank

77,043

35,966

133,200

99,066

CREDITORS

Amounts falling due within one year

6

74,931

46,535

NET CURRENT ASSETS

58,269

52,531

TOTAL ASSETS LESS CURRENT LIABILITIES

80,512

79,043

CREDITORS

Amounts falling due after more than one year

7

(4,136

)

(14,917

)

PROVISIONS FOR LIABILITIES

(2,930

)

(3,446

)

NET ASSETS

73,446

60,680

CAPITAL AND RESERVES

Called up share capital

8

20,000

20,000

Retained earnings

53,446

40,680

SHAREHOLDERS' FUNDS

73,446

60,680

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 September 2025 and were signed by:

A Courts - Director

1.	STATUTORY INFORMATION

F.K. Commercials 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 represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Tangible fixed assets

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

Improvements to property

-

4% on cost

Plant and equipment

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

property

equipment

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

38,726

78,095

116,821

DEPRECIATION

At 1 January 2024

30,351

59,958

90,309

Charge for year

1,549

2,720

4,269

At 31 December 2024

31,900

62,678

94,578

NET BOOK VALUE

At 31 December 2024

6,826

15,417

22,243

At 31 December 2023

8,375

18,137

26,512

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

6,473

12,414

Other debtors

49,684

50,686

56,157

63,100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,648

10,000

Trade creditors

4,739

4,820

Taxation and social security

7,022

7,739

Other creditors

52,522

23,976

74,931

46,535

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

4,136

14,917

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

20,000

Ordinary A

£1

20,000

20,000