4 01/04/2023 31/03/2024 2024-03-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-04-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 10526333 2023-04-01 2024-03-31 10526333 2024-03-31 10526333 2023-03-31 10526333 2022-04-01 2023-03-31 10526333 2023-03-31 10526333 2022-03-31 10526333 bus:Director1 2023-04-01 2024-03-31 10526333 bus:Director2 2023-04-01 2024-03-31 10526333 core:WithinOneYear 2024-03-31 10526333 core:WithinOneYear 2023-03-31 10526333 core:AfterOneYear 2024-03-31 10526333 core:AfterOneYear 2023-03-31 10526333 bus:Director1 2023-03-31 10526333 bus:Director1 2024-03-31 10526333 bus:Director2 2023-03-31 10526333 bus:Director2 2024-03-31 10526333 bus:Director1 2022-03-31 10526333 bus:Director1 2023-03-31 10526333 bus:Director2 2022-03-31 10526333 bus:Director2 2023-03-31 10526333 bus:Director1 2022-04-01 2023-03-31 10526333 bus:Micro-entities 2023-04-01 2024-03-31 10526333 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10526333 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10526333 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10526333 bus:FullAccounts 2023-04-01 2024-03-31
Company registration number: 10526333
Ford Pets Limited
Unaudited filleted financial statements
31 March 2024
Ford Pets Limited
Contents
Statement of financial position and notes to the financial statements
Ford Pets Limited
Statement of financial position
31 March 2024
2024 2023
£ £ £ £
Fixed assets 17,324 20,690
_______ _______
Current assets 25,265 23,221
Prepayments and accrued income 4,648 3,720
_______ _______
29,913 26,941
Creditors: amounts falling due within one year ( 23,700) ( 25,528)
_______ _______
Net current assets 6,213 1,413
_______ _______
Total assets less current liabilities 23,537 22,103
Creditors: amounts falling due after more than one year ( 39,001) ( 45,356)
Accruals and deferred income ( 1,605) ( 1,515)
_______ _______
Net liabilities ( 17,069) ( 24,768)
_______ _______
Capital and reserves ( 17,069) ( 24,768)
_______ _______
Notes to the financial statements
Ford Pets Limited
Year ended 31 March 2024
1. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2023: 7 ).
2. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mr M A Ford ( 444) ( 5,233) 4 ( 5,673)
Mr S I Ford ( 3,267) - - ( 3,267)
_______ _______ _______ _______
( 3,711) ( 5,233) 4 ( 8,940)
_______ _______ _______ _______
2023
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mr M A Ford ( 1,527) ( 312) 1,395 ( 444)
Mr S I Ford ( 3,267) - - ( 3,267)
_______ _______ _______ _______
( 4,794) ( 312) 1,395 ( 3,711)
_______ _______ _______ _______
3. Going Concern
The company has negative current liabilities. The company is therefore reliant upon the continued financial support of its directors in order to continue operations. The directors have indicated their willingness to provide financial support to ensure that the company has sufficient resources to meet third parties debts as they fall due. Accordingly the accounts have been prepared on a going concern basis. If the support of the directors were withdrawn, then the going concern basis may not be acceptable. Adjustments may then have to be made to adjust the value of the assets to their recoverable amounts, to provide for any further liabilities that might arise, and to reclassify fixed assets and long term loans as current assets and current liabilities.
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 21 August 2024 , and are signed on behalf of the board by:
Mr M A Ford
Director
Company registration number: 10526333
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 59 Ridgeway, Plympton, Plymouth, Devon, PL7 2AW.