FYOOZ LTD

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of FYOOZ LTD for the year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of FYOOZ LTD for the year ended 31 March 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of FYOOZ LTD , as a body, in accordance with the terms of our engagement letter dated 13 November 2023. Our work has been undertaken solely to prepare for your approval the accounts of FYOOZ LTD and state those matters that we have agreed to state to the directors of FYOOZ LTD , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than FYOOZ LTD and its directors, as a body, for our work or for this report.

It is your duty to ensure that FYOOZ LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of FYOOZ LTD . You consider that FYOOZ LTD is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of FYOOZ LTD . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Signed

14/07/2025

Crag & Co

Chartered Accountants & Chartered Tax Advisers

First Floor, Embsay Mill

Embsay

Skipton

North Yorkshire

BD23 6QR

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FYOOZ LTD

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 08836350

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		170,489		219,303

			170,489		219,303
CURRENT ASSETS
Debtors	5	309,398		150,608
Cash at bank and in hand		434,690		467,506

		744,088		618,114
Creditors: Amounts Falling Due Within One Year	6	(354,084 )		(336,446 )

NET CURRENT ASSETS (LIABILITIES)			390,004		281,668

TOTAL ASSETS LESS CURRENT LIABILITIES			560,493		500,971

Creditors: Amounts Falling Due After More Than One Year	7		(118,815 )		(144,555 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(42,622 )		-

NET ASSETS			399,056		356,416

CAPITAL AND RESERVES
Called up share capital	9		200		200
Profit and Loss Account			398,856		356,216

SHAREHOLDERS' FUNDS			399,056		356,416

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FYOOZ LTD

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr David Clark

Director

14/07/2025

The notes on pages 4 to 6 form part of these financial statements.

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FYOOZ LTD

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

FYOOZ LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08836350 . The registered office is Unit 5 Cromwell Office Park, York Road, Wetherby, West Yorkshire, LS22 7SU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% Reducing balance
Fixtures & Fittings	10% Reducing balance
Computer Equipment	25% Straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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FYOOZ LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 5)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	221,081	11,450	55,000	287,531
Additions	-	-	7,702	7,702

As at 31 March 2025	221,081	11,450	62,702	295,233

Depreciation
As at 1 April 2024	23,029	5,463	39,736	68,228
Provided during the period	49,513	598	6,405	56,516

As at 31 March 2025	72,542	6,061	46,141	124,744

Net Book Value
As at 31 March 2025	148,539	5,389	16,561	170,489

As at 1 April 2024	198,052	5,987	15,264	219,303

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	188,462	93,744
Other debtors	120,936	56,864

	309,398	150,608

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	25,740	25,740
Trade creditors	-	5,326
Other creditors	132,396	197,305
Taxation and social security	195,948	108,075

	354,084	336,446

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	118,815	144,555

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FYOOZ LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	25,740	25,740
Later than one year and not later than five years	118,815	144,555

	144,555	170,295

	144,555	170,295

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	200	200

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr David Clark	22,536	87,430	(28,600 )	-	81,366
Mr Peter Myers	17,194	22,323	(17,200 )	-	22,317
Mr Edward Watts	13,174	19,790	(17,200 )	-	15,763

The above loan is unsecured, interest free and repayable on demand.

11. Related Party Transactions

During the year, the following dividends were paid to the directors:

Mr D Clark: £121,133

Mr P Myers: £97,400

Mr E Watts: £97,400

Included within debtors: amounts falling due within one year, are director loan account balances of £119,446 (2024: £52,903) owed by Mr D Clark, Mr P Myers and Mr E Watts.

The loans are interest free and repayable on demand.

12. Ultimate Controlling Party

The company's ultimate controlling party is Mr D Clark by virtue of his ownership of 52% of the issued share capital in the company.

13. Transition to FRS 102

The accounts for the year ended 31st March 2025 have been transitioned to FRS 102 1A due to no longer being eligible to prepare accounts under FRS 105 Micro Entities, on a basis of 2 out 3 thresholds being exceeded.

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