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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
Page
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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
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Ferncroft Developments Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
836,250 
836,250 
Current assets
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 
Capital and reserves
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
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Ferncroft Developments Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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:
Fixtures & fittings
18%
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2023
836,250 
At 31 March 2024
836,250 
Depreciation
At 31 March 2024
- 
Net book value
At 31 March 2024
836,250 
At 31 March 2023
836,250 
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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 
Other creditors
400 
400 
Loans from directors
873 
875 
1,273 
7,773 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
600 Ordinary shares of £1 each
600 
600 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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