T FITZGERALD & SONS LIMITED - Filleted accounts

Registered number

07349903

T FITZGERALD & SONS LIMITED

Filleted Accounts

31 August 2025

T FITZGERALD & SONS LIMITED
Registered number:		07349903
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		26,949			33,675

Current assets
Debtors	4	10,577			19,132
Cash at bank and in hand		132,949			120,140
		143,526			139,272

Creditors: amounts falling due within one year	5	(56,657)			(53,080)

Net current assets			86,869			86,192

Total assets less current liabilities			113,818			119,867

Creditors: amounts falling due after more than one year	6		(2,957)			(6,732)

Provisions for liabilities			(5,120)			(6,398)


Net assets			105,741			106,737

Capital and reserves
Called up share capital			100			100
Profit and loss account			105,641			106,637

Shareholders' funds			105,741			106,737

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr T Fitzgerald
Director
Approved by the board on 28 May 2026

T FITZGERALD & SONS LIMITED
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration receivable, net of value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.


	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:


	Plant and machinery	25% per annum reducing balance basis
	Motor vehicles	25% per annum reducing balance basis


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


	Pensions
	The company did not operate a pension scheme during the year.




2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			4		3




3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 September 2024	3,866		58,736		62,602
	Additions	2,259		-		2,259
	At 31 August 2025	6,125		58,736		64,861

	Depreciation
	At 1 September 2024	1,947		26,980		28,927
	Charge for the year	1,046		7,939		8,985
	At 31 August 2025	2,993		34,919		37,912

	Net book value
	At 31 August 2025	3,132		23,817		26,949
	At 31 August 2024	1,919		31,756		33,675




4	Debtors			2025		2024
£					£

	Trade debtors and prepayments			10,577		19,132





5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			4,012		3,916
	Trade creditors and accruals			7,864		7,682
	Corporation tax			15,252		21,052
	Other taxes and social security costs			7,178		7,497
	Other creditors - director's loan account			22,351		12,933
				56,657		53,080



6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			2,957		6,732



7	Events after the reporting date
	There were no events after the reporting date which would affect the user's understanding of these accounts.



8	Contingent liabilities
	There were no contingent liabilities in existence at the year end.



9	Controlling party
	The company is controlled by Mr and Mrs T Fitzgerald, by virtue of ownership of 100% of the issued ordinary share capital.



10	Other information

	T FITZGERALD & SONS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	24 Oswald Road
	Chorlton Cum Hardy
	Manchester
	M21 9LP