Company Registration No. 13603401 (England and Wales)
A Father's Friend Limited
Unaudited accounts
for the year ended 30 September 2024
A Father's Friend Limited
Unaudited accounts
Contents
A Father's Friend Limited
Company Information
for the year ended 30 September 2024
Company Number
13603401 (England and Wales)
Registered Office
Europa House
20 Esplanade
Scarborough
North Yorkshire
YO11 2AQ
England
Accountants
Wright Pottage Limited
Europa House
20 Esplanade
Scarborough
North Yorkshire
YO11 2AQ
A Father's Friend Limited
Statement of financial position
as at 30 September 2024
Tangible assets
53,465
2,357
Cash at bank and in hand
31,541
30,433
Creditors: amounts falling due within one year
(52,411)
(27,225)
Net current (liabilities)/assets
(14,980)
5,053
Total assets less current liabilities
38,485
7,410
Creditors: amounts falling due after more than one year
(46,561)
-
Provisions for liabilities
Net (liabilities)/assets
(9,353)
7,410
Called up share capital
100
100
Profit and loss account
(9,453)
7,310
Shareholders' funds
(9,353)
7,410
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 28 January 2025 and were signed on its behalf by
Shane Paul
Director
Company Registration No. 13603401
A Father's Friend Limited
Notes to the Accounts
for the year ended 30 September 2024
A Father's Friend Limited is a private company, limited by shares, registered in England and Wales, registration number 13603401. The registered office is Europa House, 20 Esplanade, Scarborough, North Yorkshire, YO11 2AQ, 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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Computer equipment
20% on cost
The accounts are presented in £ sterling.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company's liabilities exceed the company's asset at the balance sheet date. However included in the creditors is a balance owed to the director and they do not intend to withdraw their support from the company. The accounts have been prepared on the going concern basis.
A Father's Friend Limited
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
-
3,046
3,046
Additions
57,733
1,302
59,035
At 30 September 2024
57,733
4,348
62,081
At 1 October 2023
-
689
689
Charge for the year
7,208
719
7,927
At 30 September 2024
7,208
1,408
8,616
At 30 September 2024
50,525
2,940
53,465
At 30 September 2023
-
2,357
2,357
Carrying values included above held under finance leases and hire purchase contracts:
£
£
Amounts falling due within one year
Accrued income and prepayments
1,190
-
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,625
-
Obligations under finance leases and hire purchase contracts
4,739
-
Taxes and social security
11,069
13,519
Other creditors
3,639
3,747
Loans from directors
5,615
-
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
46,561
-
A Father's Friend Limited
Notes to the Accounts
for the year ended 30 September 2024
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).