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Company Registration No. 06039623 (England and Wales)
Fs247 Limited Unaudited accounts for the year ended 31 July 2025
Fs247 Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Fs247 Limited Company Information for the year ended 31 July 2025
Director
Paul Spencer-Nixon
Company Number
06039623 (England and Wales)
Registered Office
Admirals Offices Main Gate Road The Historic Dockyard Chatham Kent ME4 4TZ England
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Fs247 Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
180,136
172,891
Investments
5
146,330
105,058
326,466
277,949
Current assets
Debtors
6
114,036
91,821
Cash at bank and in hand
226,646
146,766
340,682
238,587
Creditors: amounts falling due within one year
7
(200,881)
(187,380)
Net current assets
139,801
51,207
Total assets less current liabilities
466,267
329,156
Creditors: amounts falling due after more than one year
8
(176,730)
(180,253)
Net assets
289,537
148,903
Capital and reserves
Called up share capital
202
202
Profit and loss account
289,335
148,701
Shareholders' funds
289,537
148,903
For the year ending 31 July 2025 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 director acknowledges his 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 and authorised for issue on 14 October 2025 and were signed on its behalf by
Paul Spencer-Nixon Director Company Registration No. 06039623
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Fs247 Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Fs247 Limited is a private company, limited by shares, registered in England and Wales, registration number 06039623. The registered office is Admirals Offices, Main Gate Road, The Historic Dockyard, Chatham, Kent, ME4 4TZ, 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 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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
33% straight line
Motor vehicles
10% reduced balance
Fixtures & fittings
20% straight line
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.
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Fs247 Limited Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
106,226
230,124
29,104
365,454
Additions
12,239
23,795
2,547
38,581
At 31 July 2025
118,465
253,919
31,651
404,035
Depreciation
At 1 August 2024
96,544
69,769
26,250
192,563
Charge for the year
10,413
18,411
2,512
31,336
At 31 July 2025
106,957
88,180
28,762
223,899
Net book value
At 31 July 2025
11,508
165,739
2,889
180,136
At 31 July 2024
9,682
160,355
2,854
172,891
5
Investments
Other investments
£
Valuation at 1 August 2024
105,058
Additions
41,272
Valuation at 31 July 2025
146,330
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
114,036
91,821
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
6,000
-
Obligations under finance leases and hire purchase contracts
20,000
-
Trade creditors
19,042
25,263
Taxes and social security
150,322
188,875
Other creditors
5,517
13,242
Loans from directors
-
(40,000)
200,881
187,380
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
19,820
48,410
Obligations under finance leases and hire purchase contracts
90,107
131,843
Taxes and social security
66,803
-
176,730
180,253
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Fs247 Limited Notes to the Accounts for the year ended 31 July 2025
9
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Begler Beslic
Short term loan to director
20,000
(20,000)
-
-
Paul Spencer-Nixon
Short term loan to director
20,000
(20,000)
-
-
40,000
(40,000)
-
-
In the year to 31st July 2025 the directors repaid the loans outstanding of £20,000 each, from the year to 31st July 2024, with these being repaid within 9 months of the end of that financial year.
10
Average number of employees
During the year the average number of employees was 13 (2024: 13).
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