Company Registration No. 06334116 (England and Wales)
FAT CAT ACCOUNTING LTD
Unaudited accounts
for the year ended 30 September 2023
FAT CAT ACCOUNTING LTD
Unaudited accounts
Contents
FAT CAT ACCOUNTING LTD
Company Information
for the year ended 30 September 2023
Directors
Keith Spencer
Pauline Spencer
Company Number
06334116 (England and Wales)
Registered Office
12 Sheene Grove
BRAINTREE
Essex
CM7 9FS
United Kingdom
FAT CAT ACCOUNTING LTD
Statement of financial position
as at 30 September 2023
Cash at bank and in hand
-
13,810
Creditors: amounts falling due within one year
(6,901)
(7,877)
Net current (liabilities)/assets
(6,901)
5,933
Called up share capital
51
51
Profit and loss account
5,492
5,977
Shareholders' funds
5,543
6,028
For the year ending 30 September 2023 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 15 April 2024 and were signed on its behalf by
Keith Spencer
Director
Company Registration No. 06334116
FAT CAT ACCOUNTING LTD
Notes to the Accounts
for the year ended 30 September 2023
FAT CAT ACCOUNTING LTD is a private company, limited by shares, registered in England and Wales, registration number 06334116. The registered office is 12 Sheene Grove, BRAINTREE, Essex, CM7 9FS, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
33.3% straight line
Fixtures & fittings
20% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
FAT CAT ACCOUNTING LTD
Notes to the Accounts
for the year ended 30 September 2023
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2022
-
200
200
At 30 September 2023
14,000
200
14,200
At 1 October 2022
-
105
105
Charge for the year
1,556
95
1,651
At 30 September 2023
1,556
200
1,756
At 30 September 2023
12,444
-
12,444
At 30 September 2022
-
95
95
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
786
3,552
Other creditors
5,291
3,997
Loans from directors
824
-
6
Transactions with related parties
During the year the company transacted as follows with First Cloud Accounting Ltd (FCAL), a company wholly owned by the major shareholder of this company;
Motor vehicle purchased at market value (£14000)
Costs paid by FCAL no behalf of the company (£2875)
Money paid to FCAL in the year £12110
Balance owing to FCAL at the balance sheet date £ 4765
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
