Fatcuckoo Ltd - Accounts

Fatcuckoo Ltd - Accounts

FATCUCKOO LTD - Company Information

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Registered number
10181345
Fatcuckoo Ltd
Report and Unaudited Accounts
for the year ended
31 March 2021

Fatcuckoo Ltd
Company Information



Directors
Mr G Myers




Accountants
DKP Accountants Ltd
Rattenclough Cottage
Burnley Road , Cliviger
Todmorden
LANCASHIRE
OL14 8QT





Registered Office
262 Todmorden Road
Burnley
BB11 3EB
United Kingdom




Registered Number
10181345



Fatcuckoo Ltd
Director's Report

The director submits the report and financial statements for the year ended 31 March 2021.

Directors
The directors shown below held office during the whole of the accounting period:

Mr G Myers

The report of the director 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.

This report was approved by the board on 8 April 2021.

..........................

Mr G Myers

Director


Fatcuckoo Ltd
Accountant's Report

Report to the directors on the preparation of the unaudited statutory accounts of Fatcuckoo Ltd for the year ended 31 March 2021.



................................

DKP Accountants Ltd
Accountants

Rattenclough Cottage,
Burnley Road , Cliviger,
Todmorden,
LANCASHIRE,
OL14 8QT

5 April 2021


Fatcuckoo Ltd
Profit and Loss Account
for the year ended 31 March 2021

Notes 2021
£		 2020
£
Turnover 71,109 65,292
Cost of sales (26,304) (23,890)
Gross profit 44,805 41,402
Distribution costs (1,500) (1,524)
Administrative expenses (41,891) (43,917)
Operating profit/(loss) 1,414 (4,039)
Other operating income 3,956 0
Profit/(loss) on ordinary activities before taxation 2 5,370 (4,039)
Tax on ordinary activities 3 (0) (0)
Profit/(loss) on ordinary activities after taxation 5,370 (4,039)
Retained earnings brought forward (9,828) (5,789)
Retained earnings carried forward (4,458) (9,828)

Fatcuckoo Ltd
Balance Sheet
as at 31 March 2021
Notes
 2021
£		 2020
£
Fixed assets
Intangible assets 5 10,000 10,000
Tangible assets 6 14,011 13,479
24,011 23,479
Current assets
Stocks 6,477 6,644
Debtors 701 3,681
Investments 4,000 0
Cash at bank and in hand 9,537 2,344
20,715 12,669
Creditors: amounts falling due within one year 7 (49,182) (45,974)
Net current assets / (liabilities) (28,467) (33,305)
Total assets less current liabilities (4,456) (9,826)
Provisions for liabilities (0) (0)
Total net assets (liabilities) (4,456) (9,826)
Capital and reserves
Called up share capital 2 2
Profit and loss account (4,458) (9,828)
Shareholders' funds (4,456) (9,826)

Fatcuckoo Ltd
Balance Sheet
as at 31 March 2021



These accounts 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.

For the year ending 31 March 2021 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Mr G Myers

Director


Approved by the board on 8 April 2021

Company Number: 10181345 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

262 Todmorden Road
Burnley
BB11 3EB
United Kingdom

Fatcuckoo Ltd
Notes to the Accounts
for the year ended 31 March 2021

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Tools & equipment 15% Reducing Balance
2. Profit or loss

Profit before tax is stated after charging the following:
2021
2020
£ £
Directors' remuneration 11,620 11,946

3. Taxation
2021 2020
£ £
Tax on profit/(loss) on ordinary activities 0 0

4. Employees
2021 2020
Average number of employees during the period 1 1

5. Intangible fixed assets
Total
Cost £
At 1 April 2020 10,000
At 31 March 2021 10,000
Amortisation
At 1 April 2020 0
At 31 March 2021 0
Net book value
At 31 March 2021 10,000
At 31 March 2020 10,000

6. Tangible fixed assets
Tools & equipment Total
Cost or valuation £ £
At 1 April 2020 21,950 21,950
Additions 3,005 3,005
At 31 March 2021 24,955 24,955
Depreciation
At 1 April 2020 8,471 8,471
Charge for the period 2,473 2,473
At 31 March 2021 10,944 10,944
Net book value
At 31 March 2021 14,011 14,011
At 31 March 2020 13,479 13,479

7. Creditors: amounts falling due within one year
2021 2020
£ £
Trade creditors 540 540
Other creditors 48,642 45,434
49,182 45,974

8. Dividends
2021 2020
£ £
Total dividend payment 0 0

Fatcuckoo Ltd
Trading and Profit & Loss Account
For the year ended 31 March 2021
for the information of the Directors only

. . 2021
£		 . 2020
£
Sales
Continuing Operations
Turnover 71,109 65,292
71,109 65,292
Cost of Sales
Opening finished goods and goods for resale 6,644 8,401
Purchases 26,137 22,133
Less: Closing finished goods and goods for resale (6,477) (6,644)
26,304 23,890
Selling & Distribution Costs
Freight and carriage 1,500 1,524
1,500 1,524
Administrative Expenses
Staff Costs
Directors' remuneration 11,620 11,946
Staff travel and subsistence expenses - 297
Vehicle running costs 2,231 2,320
13,851 14,563
Premise Costs
Rent of premises 1,560 1,560
Premises cleaning 208 208
1,768 1,768
General
Repairs, renewals and maintenance 278 289
Business insurance 135 135
Data and telecommunications costs 784 812
Printing, postage and stationery 525 336
Subscriptions 342 336
Depreciation of tangible fixed assets 2,473 2,379
4,537 4,287
Legal & Professional
Accountancy fees 1,289 958
1,289 958
Finance Charges
Bank charges 20,446 22,341
20,446 22,341
41,891 43,917
Other Operating Income
Grants and subsidies received 3,956 -
3,956 0
.
Operating Profit 1,414 (4,039)