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Company Registration No. 4874080 (England and Wales)
FTC South West Limited Unaudited accounts for the year ended 31 January 2025
FTC South West Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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FTC South West Limited Company Information for the year ended 31 January 2025
Directors
K A Bleaken R D Benson V Benson
Company Number
4874080 (England and Wales)
Registered Office
The Clovers The Drive Charfield Glos GL12 8HX
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FTC South West Limited Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
377,091
377,091
Current assets
Debtors
5
613
613
Cash at bank and in hand
9,283
21,898
9,896
22,511
Creditors: amounts falling due within one year
6
(112,432)
(116,218)
Net current liabilities
(102,536)
(93,707)
Total assets less current liabilities
274,555
283,384
Creditors: amounts falling due after more than one year
7
-
(34,502)
Net assets
274,555
248,882
Capital and reserves
Called up share capital
4
4
Profit and loss account
274,551
248,878
Shareholders' funds
274,555
248,882
For the year ending 31 January 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 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 September 2025 and were signed on its behalf by
V Benson Director Company Registration No. 4874080
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FTC South West Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
FTC South West Limited is a private company, limited by shares, registered in England and Wales, registration number 4874080. The registered office is The Clovers, The Drive, Charfield, Glos, GL12 8HX.
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.
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:
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 February 2024
407,863
At 31 January 2025
407,863
Depreciation
At 1 February 2024
30,772
At 31 January 2025
30,772
Net book value
At 31 January 2025
377,091
At 31 January 2024
377,091
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
1
1
Trade debtors
612
612
613
613
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FTC South West Limited Notes to the Accounts for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
723
2,892
Trade creditors
400
398
Taxes and social security
6,022
7,664
Loans from directors
105,287
105,264
112,432
116,218
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
34,502
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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