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Company Registration No. 09165727 (England and Wales)
Fozard Properties Limited Unaudited accounts for the year ended 31 October 2024
Fozard Properties Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Fozard Properties Limited Company Information for the year ended 31 October 2024
Directors
Vicki-Lee Fozard Glenn Fozard
Company Number
09165727 (England and Wales)
Registered Office
118 Ford Road Wirral CH49 0TQ ENGLAND
Accountants
Oakes Accounting Ltd 37 Meadowcroft Heswall Wirral CH60 1UT
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Fozard Properties Limited Accountants' report
Accountants' report to the board of directors of Fozard Properties Limited (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 October 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 October 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Oakes Accounting Ltd 37 Meadowcroft Heswall Wirral CH60 1UT 12 March 2026
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Fozard Properties Limited Statement of financial position as at 31 October 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
5
(1,428)
14
Current assets
Debtors
6
46,446
24,882
Cash at bank and in hand
1,848
23,034
48,294
47,916
Creditors: amounts falling due within one year
7
(8,631)
(6,398)
Net current assets
39,663
41,518
Total assets less current liabilities
38,235
41,532
Creditors: amounts falling due after more than one year
8
-
(11,456)
Net assets
38,235
30,076
Capital and reserves
Called up share capital
9
100
100
Profit and loss account
38,135
29,976
Shareholders' funds
38,235
30,076
For the year ending 31 October 2024 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 12 March 2026 and were signed on its behalf by
Glenn Fozard Director Company Registration No. 09165727
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Fozard Properties Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Fozard Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 09165727. The registered office is 118 Ford Road, Wirral, CH49 0TQ, 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.
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
Fixtures & fittings
33% straight line
Intangible fixed assets
Intangible fixed assets (goodwill) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 November 2023
1,000
At 31 October 2024
1,000
Amortisation
At 1 November 2023
1,000
At 31 October 2024
1,000
Net book value
At 31 October 2024
-
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Fozard Properties Limited Notes to the Accounts for the year ended 31 October 2024
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 November 2023
324
6,223
6,547
At 31 October 2024
324
6,223
6,547
Depreciation
At 1 November 2023
310
6,223
6,533
Charge for the year
14
1,428
1,442
At 31 October 2024
324
7,651
7,975
Net book value
At 31 October 2024
-
(1,428)
(1,428)
At 31 October 2023
14
-
14
6
Debtors
2024
2023
£
£
Amounts falling due within one year
VAT
28,859
24,882
Trade debtors
11,001
-
Other debtors
6,586
-
46,446
24,882
7
Creditors: amounts falling due within one year
2024
2023
£
£
Taxes and social security
4,863
2,660
Other creditors
2,545
1,915
Loans from directors
-
600
Accruals
1,223
1,223
8,631
6,398
8
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
-
11,456
9
Share capital
2024
2023
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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