2023-01-012023-12-312023-12-31false13786573L FERNLEY LTD2024-02-2964922iso4217:GBPxbrli:pure137865732023-01-01137865732023-12-31137865732023-01-012023-12-31137865732021-12-07137865732022-12-31137865732021-12-072022-12-3113786573bus:SmallEntities2023-01-012023-12-3113786573bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3113786573bus:AbridgedAccounts2023-01-012023-12-3113786573bus:PrivateLimitedCompanyLtd2023-01-012023-12-3113786573core:WithinOneYear2023-12-3113786573core:AfterOneYear2023-12-3113786573core:WithinOneYear2022-12-3113786573core:AfterOneYear2022-12-3113786573core:ShareCapital2023-12-3113786573core:SharePremium2023-12-3113786573core:RevaluationReserve2023-12-3113786573core:OtherReservesSubtotal2023-12-3113786573core:RetainedEarningsAccumulatedLosses2023-12-3113786573core:ShareCapital2022-12-3113786573core:SharePremium2022-12-3113786573core:RevaluationReserve2022-12-3113786573core:OtherReservesSubtotal2022-12-3113786573core:RetainedEarningsAccumulatedLosses2022-12-3113786573core:LandBuildings2023-12-3113786573core:PlantMachinery2023-12-3113786573core:Vehicles2023-12-3113786573core:FurnitureFittings2023-12-3113786573core:OfficeEquipment2023-12-3113786573core:NetGoodwill2023-12-3113786573core:IntangibleAssetsOtherThanGoodwill2023-12-3113786573core:ListedExchangeTraded2023-12-3113786573core:UnlistedNon-exchangeTraded2023-12-3113786573core:LandBuildings2022-12-3113786573core:PlantMachinery2022-12-3113786573core:Vehicles2022-12-3113786573core:FurnitureFittings2022-12-3113786573core:OfficeEquipment2022-12-3113786573core:NetGoodwill2022-12-3113786573core:IntangibleAssetsOtherThanGoodwill2022-12-3113786573core:ListedExchangeTraded2022-12-3113786573core:UnlistedNon-exchangeTraded2022-12-3113786573core:LandBuildings2023-01-012023-12-3113786573core:PlantMachinery2023-01-012023-12-3113786573core:Vehicles2023-01-012023-12-3113786573core:FurnitureFittings2023-01-012023-12-3113786573core:OfficeEquipment2023-01-012023-12-3113786573core:NetGoodwill2023-01-012023-12-3113786573core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3113786573core:ListedExchangeTraded2023-01-012023-12-3113786573core:UnlistedNon-exchangeTraded2023-01-012023-12-3113786573core:MoreThanFiveYears2023-01-012023-12-3113786573core:Non-currentFinancialInstruments2023-12-3113786573core:Non-currentFinancialInstruments2022-12-3113786573dpl:CostSales2023-01-012023-12-3113786573dpl:DistributionCosts2023-01-012023-12-3113786573core:LandBuildings2023-01-012023-12-3113786573core:PlantMachinery2023-01-012023-12-3113786573core:Vehicles2023-01-012023-12-3113786573core:FurnitureFittings2023-01-012023-12-3113786573core:OfficeEquipment2023-01-012023-12-3113786573dpl:AdministrativeExpenses2023-01-012023-12-3113786573core:NetGoodwill2023-01-012023-12-3113786573core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3113786573dpl:GroupUndertakings2023-01-012023-12-3113786573dpl:ParticipatingInterests2023-01-012023-12-3113786573dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3113786573core:ListedExchangeTraded2023-01-012023-12-3113786573dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3113786573core:UnlistedNon-exchangeTraded2023-01-012023-12-3113786573dpl:CostSales2021-12-072022-12-3113786573dpl:DistributionCosts2021-12-072022-12-3113786573core:LandBuildings2021-12-072022-12-3113786573core:PlantMachinery2021-12-072022-12-3113786573core:Vehicles2021-12-072022-12-3113786573core:FurnitureFittings2021-12-072022-12-3113786573core:OfficeEquipment2021-12-072022-12-3113786573dpl:AdministrativeExpenses2021-12-072022-12-3113786573core:NetGoodwill2021-12-072022-12-3113786573core:IntangibleAssetsOtherThanGoodwill2021-12-072022-12-3113786573dpl:GroupUndertakings2021-12-072022-12-3113786573dpl:ParticipatingInterests2021-12-072022-12-3113786573dpl:GroupUndertakingscore:ListedExchangeTraded2021-12-072022-12-3113786573core:ListedExchangeTraded2021-12-072022-12-3113786573dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-12-072022-12-3113786573core:UnlistedNon-exchangeTraded2021-12-072022-12-3113786573core:NetGoodwill2023-12-3113786573core:IntangibleAssetsOtherThanGoodwill2023-12-3113786573core:LandBuildings2023-12-3113786573core:PlantMachinery2023-12-3113786573core:Vehicles2023-12-3113786573core:FurnitureFittings2023-12-3113786573core:OfficeEquipment2023-12-3113786573core:AfterOneYear2023-12-3113786573core:WithinOneYear2023-12-3113786573core:ListedExchangeTraded2023-12-3113786573core:UnlistedNon-exchangeTraded2023-12-3113786573core:ShareCapital2023-12-3113786573core:SharePremium2023-12-3113786573core:RevaluationReserve2023-12-3113786573core:OtherReservesSubtotal2023-12-3113786573core:RetainedEarningsAccumulatedLosses2023-12-3113786573core:NetGoodwill2022-12-3113786573core:IntangibleAssetsOtherThanGoodwill2022-12-3113786573core:LandBuildings2022-12-3113786573core:PlantMachinery2022-12-3113786573core:Vehicles2022-12-3113786573core:FurnitureFittings2022-12-3113786573core:OfficeEquipment2022-12-3113786573core:AfterOneYear2022-12-3113786573core:WithinOneYear2022-12-3113786573core:Liste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L FERNLEY LTD

Registered Number
13786573
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

L FERNLEY LTD
Company Information
for the year from 1 January 2023 to 31 December 2023

Director

FERNLEY, Lindsey

Registered Address

Taxstats Ltd
Work.Life, Core, 30 Brown Street
Manchester
M2 1DH

Registered Number

13786573 (England and Wales)
L FERNLEY LTD
Statement of Financial Position
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3-23
-23
Current assets
Debtors20-
20-
Creditors amounts falling due within one year5(79,259)(37,041)
Net current assets (liabilities)(79,239)(37,041)
Total assets less current liabilities(79,239)(37,018)
Creditors amounts falling due after one year6(8,476)(9,513)
Net assets(87,715)(46,531)
Capital and reserves
Profit and loss account(87,715)(46,531)
Shareholders' funds(87,715)(46,531)
The financial statements were approved and authorised for issue by the Director on 29 February 2024, and are signed on its behalf by:
FERNLEY, Lindsey
Director
Registered Company No. 13786573
L FERNLEY LTD
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
2.Average number of employees

20232022
Average number of employees during the year00
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 January 2331
At 31 December 2331
Depreciation and impairment
At 01 January 238
Charge for year23
At 31 December 2331
Net book value
At 31 December 23-
At 31 December 2223
4.Debtors: amounts due within one year

2023

2022

££
Other debtors20-
Total20-
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables28,87414,104
Taxation and social security7,395-
Other creditors1,9902,937
Accrued liabilities and deferred income41,00020,000
Total79,25937,041
6.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts8,4769,513
Total8,4769,513