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REGISTERED NUMBER: 07569997 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

FERRIDAY & ALDER LIMITED

FERRIDAY & ALDER LIMITED (REGISTERED NUMBER: 07569997)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FERRIDAY & ALDER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: P G Bampton





REGISTERED OFFICE: 9 The Triangle
Tilehurst
Reading
Berkshire
RG31 6FA





REGISTERED NUMBER: 07569997 (England and Wales)

FERRIDAY & ALDER LIMITED (REGISTERED NUMBER: 07569997)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 47,054 62,739
47,054 62,739

CURRENT ASSETS
Debtors 6 16,382 14,786
Cash at bank and in hand 39,076 47,883
55,458 62,669
CREDITORS
Amounts falling due within one year 7 58,600 58,538
NET CURRENT (LIABILITIES)/ASSETS (3,142 ) 4,131
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,912

66,870

CREDITORS
Amounts falling due after more than one
year

8

27,528

39,762
NET ASSETS 16,384 27,108

CAPITAL AND RESERVES
Called up share capital 68 68
Capital redemption reserve 34 34
Retained earnings 16,282 27,006
SHAREHOLDERS' FUNDS 16,384 27,108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

FERRIDAY & ALDER LIMITED (REGISTERED NUMBER: 07569997)

BALANCE SHEET - continued
31 MARCH 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2023 and were signed by:





P G Bampton - Director


FERRIDAY & ALDER LIMITED (REGISTERED NUMBER: 07569997)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Ferriday & Alder Limited is a private company, limited by shares, registered in England and Wales. The address of its registered office is 26 Queen Victoria Street, Reading, Berkshire, RG1 1TG.

The principal activity of the company in the year under review continued to be the provision of removal and storage services.

The financial statements are presented in Pound Sterling (£), which is also the functional currency of the company.

2. 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 represents the fair value for the provision of removal and storage services, having regard to the fulfilment of contractual obligations.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of the business in 2011, has been fully amortised.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation on tangible fixed assets is charged to the profit or loss so as to write off their value, over their estimated useful lives, as below:

Motor vehicles etc - 25% on reducing balance

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

Short term debtors are measured at transaction price, less any impairment. Short term creditors are measured at transaction price.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

FERRIDAY & ALDER LIMITED (REGISTERED NUMBER: 07569997)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The directors are not aware of any material uncertainties that may cast significant doubt over the ability of the company to continue trading. The preparation of the financial statements on the going concern basis is therefore deemed appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 92,566
AMORTISATION
At 1 April 2022
and 31 March 2023 92,566
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

FERRIDAY & ALDER LIMITED (REGISTERED NUMBER: 07569997)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

5. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 April 2022
and 31 March 2023 101,065
DEPRECIATION
At 1 April 2022 38,326
Charge for year 15,685
At 31 March 2023 54,011
NET BOOK VALUE
At 31 March 2023 47,054
At 31 March 2022 62,739

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 51,065
DEPRECIATION
At 1 April 2022 25,826
Charge for year 6,310
At 31 March 2023 32,136
NET BOOK VALUE
At 31 March 2023 18,929
At 31 March 2022 25,239

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 9,527 9,627
Other debtors 6,855 5,159
16,382 14,786

FERRIDAY & ALDER LIMITED (REGISTERED NUMBER: 07569997)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 6,866 6,696
Trade creditors 5,213 5,893
Amounts owed to group undertakings 15,661 21,362
Taxation and social security 23,878 16,003
Other creditors 6,982 8,584
58,600 58,538

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 19,789 26,655
Other creditors 7,739 13,107
27,528 39,762