IRIS Accounts Production v23.3.1.45 13347299 director 1.5.22 30.4.23 30.4.23 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh133472992022-04-30133472992023-04-30133472992022-05-012023-04-30133472992021-04-19133472992021-04-202022-04-30133472992022-04-3013347299ns10:Originalns15:EnglandWales2022-05-012023-04-3013347299ns14:PoundSterlingns10:Original2022-05-012023-04-3013347299ns10:Originalns10:Director12022-05-012023-04-3013347299ns10:Original2022-05-012023-04-3013347299ns10:Original2023-04-3013347299ns10:Originalns10:PrivateLimitedCompanyLtd2022-05-012023-04-3013347299ns10:Originalns10:SmallEntities2022-05-012023-04-3013347299ns10:Originalns10:AuditExempt-NoAccountantsReport2022-05-012023-04-3013347299ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3013347299ns10:SmallCompaniesRegimeForAccountsns10:Original2022-05-012023-04-3013347299ns10:Originalns10:FullAccounts2022-05-012023-04-3013347299ns10:Originalns10:RegisteredOffice2022-05-012023-04-3013347299ns10:Original2022-04-3013347299ns10:Originalns5:CurrentFinancialInstruments2023-04-3013347299ns10:Originalns5:CurrentFinancialInstruments2022-04-3013347299ns10:Originalns5:Non-currentFinancialInstruments2023-04-3013347299ns10:Originalns5:Non-currentFinancialInstruments2022-04-3013347299ns5:ShareCapitalns10:Original2023-04-3013347299ns5:ShareCapitalns10:Original2022-04-3013347299ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-04-3013347299ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-3013347299ns10:Original2021-04-202022-04-3013347299ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3013347299ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-04-30
REGISTERED NUMBER: 13347299 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 April 2023

for

Featherfoot Bayer Limited

Featherfoot Bayer Limited (Registered number: 13347299)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Featherfoot Bayer Limited

Company Information
for the Year Ended 30 April 2023







DIRECTOR: P T Rothwell





REGISTERED OFFICE: Empire House
92-98 Cleveland street
Doncaster
DN1 3DP





REGISTERED NUMBER: 13347299 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Wynyard Business Park
Wynyard Avenue
Billingham
Cleveland
TS22 5TB

Featherfoot Bayer Limited (Registered number: 13347299)

Balance Sheet
30 April 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 28,492,721 16,390,731
Debtors 3 3,704,825 919,711
Cash at bank 474,607 529
32,672,153 17,310,971
CREDITORS
Amounts falling due within one year 4 (32,686,866 ) (3,216,132 )
NET CURRENT (LIABILITIES)/ASSETS (14,713 ) 14,094,839
TOTAL ASSETS LESS CURRENT
LIABILITIES

(14,713

)

14,094,839

CREDITORS
Amounts falling due after more than one year 5 - (14,097,146 )
NET LIABILITIES (14,713 ) (2,307 )

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (14,723 ) (2,317 )
SHAREHOLDERS' FUNDS (14,713 ) (2,307 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Featherfoot Bayer Limited (Registered number: 13347299)

Balance Sheet - continued
30 April 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 February 2024 and were signed by:





P T Rothwell - Director


Featherfoot Bayer Limited (Registered number: 13347299)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 113 473,067
Amounts owed by associates 1,893,148 251,406
Other debtors 1,403,677 96,109
VAT 268,284 99,129
Prepayments 139,603 -
3,704,825 919,711

Featherfoot Bayer Limited (Registered number: 13347299)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans (see note 6) 24,579,366 -
Trade creditors 2,102,115 225,933
Amounts owed to group undertakings - 587,385
Amounts owed to associates 1,035,867 105,327
Other creditors - 1,775,677
Directors' current accounts 500,000 500,000
Accruals and deferred income 4,461,328 -
Accrued expenses 8,190 21,810
32,686,866 3,216,132

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 6) - 14,097,146

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 14,097,146

6. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Other loans 24,579,366 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 14,097,146

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Other loans 24,579,366 14,097,146