Company Registration No. 12369951 (England and Wales)
FOWEY RIVER GALLERY LIMITED
Unaudited accounts
for the year ended 31 March 2025
FOWEY RIVER GALLERY LIMITED
Unaudited accounts
Contents
FOWEY RIVER GALLERY LIMITED
Company Information
for the year ended 31 March 2025
Directors
Andrew Dellow
Mrs Mandi Dellow
Company Number
12369951 (England and Wales)
Registered Office
WATERLOO HOUSE
38A FORE STREET
FOWEY
CORNWALL
PL23 1AQ
ENGLAND
Accountants
SG ACCOUNTANCY
102 TREVERBYN ROAD
CARCLAZE IND ESTATE
ST AUSTELL
CORNWALL
PL25 4EW
FOWEY RIVER GALLERY LIMITED
Statement of financial position
as at 31 March 2025
Intangible assets
150,000
150,000
Tangible assets
7,458
3,386
Cash at bank and in hand
1,960
8,576
Creditors: amounts falling due within one year
(216,558)
(200,728)
Net current liabilities
(169,933)
(147,629)
Net (liabilities)/assets
(12,475)
5,757
Called up share capital
1,000
1,000
Profit and loss account
(13,475)
4,757
Shareholders' funds
(12,475)
5,757
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 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 28 November 2025 and were signed on its behalf by
Mrs Mandi Dellow
Director
Company Registration No. 12369951
FOWEY RIVER GALLERY LIMITED
Notes to the Accounts
for the year ended 31 March 2025
FOWEY RIVER GALLERY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12369951. The registered office is WATERLOO HOUSE, 38A FORE STREET, FOWEY, CORNWALL, PL23 1AQ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
FOWEY RIVER GALLERY LIMITED
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Accrued income and prepayments
8,664
9,840
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
7,018
9,666
Taxes and social security
247
169
Loans from directors
205,143
184,443
8
Average number of employees
During the year the average number of employees was 5 (2024: 5).