REGISTERED NUMBER: 08000101 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

FAWCETT (CUMBRIA) LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J T Fawcett

Mrs S E Fawcett

Mr D S Fawcett

REGISTERED OFFICE:

32 Wheatclose Road

Barrow in Furness

Cumbria

LA14 4EJ

REGISTERED NUMBER:

08000101 (England and Wales)

BANKERS:

National Westminster Bank plc

113 Dalton Road

Barrow-in-Furness

Cumbria

LA14 1WY

FIXED ASSETS

Tangible assets

4

777,682

790,207

CURRENT ASSETS

Cash at bank

114,074

97,944

CREDITORS

Amounts falling due within one year

70,829

54,994

NET CURRENT ASSETS

43,245

42,950

TOTAL ASSETS LESS CURRENT LIABILITIES

820,927

833,157

CREDITORS

Amounts falling due after more than one year

651,625

652,438

NET ASSETS

169,302

180,719

CAPITAL AND RESERVES

Called up share capital

5

200

200

Retained earnings

169,102

180,519

SHAREHOLDERS' FUNDS

169,302

180,719

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

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:

Mr D S Fawcett - Director

1.	STATUTORY INFORMATION

Fawcett (Cumbria) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents net rental income as adjusted for accrued and deferred income, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Improvements to property

-

10% on cost

Plant and machinery

-

20% on cost

Computer equipment

-

33% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Depreciation of freehold property

Depreciation of freehold property was introduced on 01.04.21

Grants

Grants received in connection with the purchase of tangible fixed assets are credited to reserve and released to profit and loss account in accordance with the underlying depreciation policy.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

856,316

Additions

7,390

At 31 March 2025

863,706

DEPRECIATION

At 1 April 2024

66,109

Charge for year

19,915

At 31 March 2025

86,024

NET BOOK VALUE

At 31 March 2025

777,682

At 31 March 2024

790,207

Included in cost of land and buildings is freehold land of £ 25,000 (2024 - £ 25,000 ) which is not depreciated.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

100

Consideration

£1

100

100

200

200

6.	RELATED PARTY DISCLOSURES

At 31st March 2025 Mr D Fawcett, a director of the company, had on an unsecured interest free basis advanced £705,060 (2024: £692,238) to the company.