Registration number:
Foundry Court Limited
Chartered Accountants
Registration number:
Foundry Court Limited
Chartered Accountants
Foundry Court Limited
Contents
|
Company Information |
|
|
Directors' Report |
|
|
Accountants' Report |
|
|
Profit and Loss Account |
|
|
Balance Sheet |
|
|
Statement of Changes in Equity |
|
|
Notes to the Unaudited Financial Statements |
Foundry Court Limited
Company Information
|
Directors |
B D Wells M A Vyvyan-Penney |
|
Company secretary |
Templehill Property Management |
|
Registered office |
|
|
Accountants |
|
Foundry Court Limited
Directors' Report
for the Period from 1 January 2025 to 31 March 2026
The directors present their report and the financial statements for the period from 1 January 2025 to 31 March 2026.
Directors of the company
The directors who held office during the period were as follows:
Principal activity
The principal activity of the company continued to be that of the provision of property management services.
The company owns the freehold reversion of the premises at Foundry Court, Fordington, Dorchester, Dorset.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the
Company secretary
Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Foundry Court Limitedfor the Period Ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Foundry Court Limited for the period ended 31 March 2026 as set out on pages 4 to 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.
This report is made solely to the Board of Directors of Foundry Court Limited, as a body, in accordance with the terms of our engagement letter dated 26 February 2025. Our work has been undertaken solely to prepare for your approval the accounts of Foundry Court Limited and state those matters that we have agreed to state to the Board of Directors of Foundry Court Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Foundry Court Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Foundry Court Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Foundry Court Limited. You consider that Foundry Court Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Foundry Court Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Chartered Accountants
34 High East Street
Dorchester
Dorset
DT1 1HA
Foundry Court Limited
Profit and Loss Account
for the Period from 1 January 2025 to 31 March 2026
|
1 January 2025 to 31 March 2026 |
Year ended 31 December 2024 |
|
|
Turnover |
|
|
|
Administrative expenses |
( |
( |
|
Operating profit |
|
|
|
Taxation |
- |
- |
|
Profit for the financial period |
|
|
The above results were derived from continuing operations.
The company has no recognised gains or losses for the period other than the results above.
Foundry Court Limited
(Registration number: 02384792)
Balance Sheet as at 31 March 2026
|
Note |
31 March 2026 |
31 December 2024 |
|||
|
£ |
£ |
£ |
£ |
||
|
Current assets |
|||||
|
Debtors |
|
|
|||
|
Cash at bank and in hand |
|
|
|||
|
|
|
||||
|
Creditors: Amounts falling due within one year |
( |
( |
|||
|
Net assets |
|
|
|||
|
Capital and reserves |
|||||
|
Called up share capital |
|
|
|||
|
Depreciation fund |
|
|
|||
|
Profit and loss account |
- |
- |
|||
|
|
|
||||
For the financial period ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
|
• |
|
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised for issue by the
B D Wells
Director
Foundry Court Limited
Statement of Changes in Equity
for the Period from 1 January 2025 to 31 March 2026
|
Share capital |
Depreciation fund |
Profit and loss account |
Total |
|
|
At 1 January 2025 |
|
|
- |
|
|
Profit for the period |
- |
- |
|
|
|
Transfers |
- |
1,943 |
(1,943) |
- |
|
At 31 March 2026 |
|
|
- |
|
|
Share capital |
Depreciation fund |
Profit and loss account |
Total |
|
|
At 1 January 2024 |
|
|
- |
|
|
Profit for the period |
- |
- |
|
|
|
Transfers |
- |
2,276 |
(2,276) |
- |
|
At 31 December 2024 |
14 |
15,496 |
- |
15,510 |
Foundry Court Limited
Notes to the Unaudited Financial Statements
for the Period from 1 January 2025 to 31 March 2026
|
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
|
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities.
The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
The freehold reversion of 1-12 Foundry Court (Dorchester) was acquired at nil cost, so is not shown on the balance sheet.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from residents for services performed in the ordinary course of business.
Foundry Court Limited
Notes to the Unaudited Financial Statements
for the Period from 1 January 2025 to 31 March 2026
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
|
Staff numbers |
The average number of persons employed by the company during the year, was 0 (2024 - 0). The average number of directors on the board during the period, was
|
Debtors |
|
2026 |
2024 |
|
|
Amounts due from lessees |
|
|
|
Other debtors |
|
- |
|
Prepayments |
|
|
|
|
|
|
Creditors |
|
2026 |
2024 |
|
|
Due within one year |
||
|
Amounts in advance from lessees |
|
- |
|
Other creditors and accruals |
|
|
|
|
|
|
Share capital |
Allotted, called up and fully paid shares
|
31 March 2026 |
31 December 2024 |
|||
|
No. |
£ |
No. |
£ |
|
|
12 'A' Ordinary shares of £1 each |
12 |
12 |
12 |
12 |
|
2 'B' Ordinary shares of £1 each |
2 |
2 |
2 |
2 |
|
|
|
|
|
|
The 'B' Ordinary shares of £1 each are non-equity shares that do not carry any voting rights, but which otherwise rank pari passu with the 'A' Ordinary shares.