1 April 2024 false Taxfiler 2024.6 07195772business:PrivateLimitedCompanyLtd2024-04-012025-03-31 071957722024-03-31 071957722024-04-012025-03-31 07195772business:AuditExemptWithAccountantsReport2024-04-012025-03-31 07195772business:AbridgedAccounts2024-04-012025-03-31 071957722025-03-31 07195772business:Director12024-04-012025-03-31 07195772business:RegisteredOffice2024-04-012025-03-31 071957722024-03-31 07195772core:WithinOneYear2025-03-31 07195772core:WithinOneYear2024-03-31 07195772core:AfterOneYear2025-03-31 07195772core:AfterOneYear2024-03-31 07195772core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 07195772core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 07195772core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 07195772core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 07195772core:PreviouslyStatedAmount2025-03-31 07195772core:PreviouslyStatedAmount2024-03-31 07195772business:SmallEntities2024-04-012025-03-31 07195772countries:EnglandWales2024-04-012025-03-31 07195772core:PlantMachinery2024-04-012025-03-31 07195772core:MotorVehicles2024-04-012025-03-31 07195772core:ComputerEquipment2024-04-012025-03-31 07195772business:Director112024-04-012025-03-31 07195772business:Director112024-03-31 07195772business:Director112025-03-31 071957722023-04-012024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07195772 (England and Wales)
S. FAGAN GAS SERVICES LTD Unaudited accounts for the year ended 31 March 2025
S. FAGAN GAS SERVICES LTD Unaudited accounts Contents
Page
- 2 -
S. FAGAN GAS SERVICES LTD Company Information for the year ended 31 March 2025
Director
Simon Fagan
Company Number
07195772 (England and Wales)
Registered Office
Grove Cottage Wrexham Road Marchwiel Wrexham LL13 0PF
Accountants
SM Norman Accountancy Ltd 33 Havisham Close Birchwood Warrington Cheshire WA3 7NB
- 3 -
S. FAGAN GAS SERVICES LTD Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,215 
1,614 
Current assets
Inventories
250 
250 
Debtors
5,347 
3,023 
Cash at bank and in hand
9,814 
22,987 
15,411 
26,260 
Creditors: amounts falling due within one year
(14,398)
(16,157)
Net current assets
1,013 
10,103 
Total assets less current liabilities
2,228 
11,717 
Creditors: amounts falling due after more than one year
(2,151)
(8,000)
Net assets
77 
3,717 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
76 
3,716 
Shareholders' funds
77 
3,717 
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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 8 December 2025 and were signed on its behalf by
Simon Fagan Director Company Registration No. 07195772
- 4 -
S. FAGAN GAS SERVICES LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
S. FAGAN GAS SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 07195772. The registered office is Grove Cottage, Wrexham Road, Marchwiel, Wrexham, LL13 0PF.
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:
Plant & machinery
25% reducing balance basis
Motor vehicles
25% reducing balance basis
Computer equipment
25% straight line
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2024
24,276 
At 31 March 2025
24,276 
Depreciation
At 1 April 2024
22,662 
Charge for the year
399 
At 31 March 2025
23,061 
Net book value
At 31 March 2025
1,215 
At 31 March 2024
1,614 
- 5 -
S. FAGAN GAS SERVICES LTD Notes to the Accounts for the year ended 31 March 2025
5
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Simon Fagan
Loan advance
- 
2,559 
- 
2,559 
- 
2,559 
- 
2,559 
The above loan was repaid in full on 8th December 2025.
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -