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Company Registration No. 07195772 (England and Wales)
S. FAGAN GAS SERVICES LTD Unaudited accounts for the year ended 31 March 2026
S. FAGAN GAS SERVICES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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S. FAGAN GAS SERVICES LTD Company Information for the year ended 31 March 2026
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
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S. FAGAN GAS SERVICES LTD Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
915
1,215
Current assets
Inventories
250
250
Debtors
4,435
5,347
Cash at bank and in hand
8,592
9,814
13,277
15,411
Creditors: amounts falling due within one year
(14,081)
(14,398)
Net current (liabilities)/assets
(804)
1,013
Total assets less current liabilities
111
2,228
Creditors: amounts falling due after more than one year
-
(2,151)
Net assets
111
77
Capital and reserves
Called up share capital
1
1
Profit and loss account
110
76
Shareholders' funds
111
77
For the year ending 31 March 2026 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 9 July 2026 and were signed on its behalf by
Simon Fagan Director Company Registration No. 07195772
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S. FAGAN GAS SERVICES LTD Notes to the Accounts for the year ended 31 March 2026
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 2025
24,276
At 31 March 2026
24,276
Depreciation
At 1 April 2025
23,061
Charge for the year
300
At 31 March 2026
23,361
Net book value
At 31 March 2026
915
At 31 March 2025
1,215
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S. FAGAN GAS SERVICES LTD Notes to the Accounts for the year ended 31 March 2026
5
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Loan advance
2,559
2,214
2,559
2,214
2,559
2,214
2,559
2,214
The loan was provided interest free and was repaid in full on 8th July 2026.
6
Average number of employees
During the year the average number of employees was 3 (2025: 1).
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