Company Registration No. 04443616 (England and Wales)
Ferncroft Developments Limited
Unaudited accounts
for the year ended 31 March 2024
Ferncroft Developments Limited
Unaudited accounts
Contents
Ferncroft Developments Limited
Company Information
for the year ended 31 March 2024
Directors
Ariel Bruce
Stephen Wood
Company Number
04443616 (England and Wales)
Registered Office
6 REGENT SQUARE
LONDON
WC1H 8HZ
ENGLAND
Ferncroft Developments Limited
Statement of financial position
as at 31 March 2024
Tangible assets
836,250
836,250
Cash at bank and in hand
105,079
62,059
Creditors: amounts falling due within one year
(1,273)
(7,773)
Net current assets
103,806
54,286
Net assets
940,056
890,536
Called up share capital
600
600
Revaluation reserve
353,491
353,491
Profit and loss account
585,965
536,445
Shareholders' funds
940,056
890,536
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. 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 12 November 2024 and were signed on its behalf by
Ariel Bruce
Director
Company Registration No. 04443616
Ferncroft Developments Limited
Notes to the Accounts
for the year ended 31 March 2024
Ferncroft Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 04443616. The registered office is 6 REGENT SQUARE, LONDON, WC1H 8HZ, ENGLAND.
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.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Land & buildings
Ferncroft Developments Limited
Notes to the Accounts
for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
6,498
Loans from directors
873
875
Allotted, called up and fully paid:
600 Ordinary shares of £1 each
600
600
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Average number of employees
During the year the average number of employees was 0 (2023: 0).