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REGISTERED NUMBER: 05804080 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 April 2024

for

FERAL EQUIPMENT LIMITED

FERAL EQUIPMENT LIMITED (REGISTERED NUMBER: 05804080)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FERAL EQUIPMENT LIMITED

Company Information
for the Year Ended 30 April 2024







DIRECTORS: R J W Barlow
R Z Hall-Heinz





SECRETARY: R J W Barlow





REGISTERED OFFICE: 100 Church Street
Brighton
East Sussex
BN1 1UJ





REGISTERED NUMBER: 05804080 (England and Wales)





ACCOUNTANTS: Paddenburg & Co Limited
100 Church Street
Brighton
East Sussex
BN1 1UJ

FERAL EQUIPMENT LIMITED (REGISTERED NUMBER: 05804080)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 222,975 244,296

CURRENT ASSETS
Debtors 5 61,572 45,158
Cash at bank and in hand 200 46,864
61,772 92,022
CREDITORS
Amounts falling due within one year 6 166,598 144,936
NET CURRENT LIABILITIES (104,826 ) (52,914 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

118,149

191,382

CREDITORS
Amounts falling due after more than one
year

7

194,975

229,629
NET LIABILITIES (76,826 ) (38,247 )

CAPITAL AND RESERVES
Called up share capital 10,975 10,975
Revaluation reserve 148,075 174,205
Retained earnings (235,876 ) (223,427 )
SHAREHOLDERS' FUNDS (76,826 ) (38,247 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FERAL EQUIPMENT LIMITED (REGISTERED NUMBER: 05804080)

Balance Sheet - continued
30 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 January 2025 and were signed on its behalf by:





R J W Barlow - Director


FERAL EQUIPMENT LIMITED (REGISTERED NUMBER: 05804080)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Feral Equipment Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

FERAL EQUIPMENT LIMITED (REGISTERED NUMBER: 05804080)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
Equipment fittings Totals
£    £    £   
COST OR VALUATION
At 1 May 2023 432,773 18,632 451,405
Additions 20,409 - 20,409
Disposals (15,089 ) - (15,089 )
At 30 April 2024 438,093 18,632 456,725
DEPRECIATION
At 1 May 2023 191,307 15,802 207,109
Charge for year 38,020 705 38,725
Eliminated on disposal (12,084 ) - (12,084 )
At 30 April 2024 217,243 16,507 233,750
NET BOOK VALUE
At 30 April 2024 220,850 2,125 222,975
At 30 April 2023 241,466 2,830 244,296

Cost or valuation at 30 April 2024 is represented by:

Fixtures
and
Equipment fittings Totals
£    £    £   
Valuation in 2020 159,214 - 159,214
Valuation in 2022 89,915 - 89,915
Cost 188,964 18,632 207,596
438,093 18,632 456,725

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 25,129 12,976
Other debtors 360 -
Prepayments 36,083 32,182
61,572 45,158

FERAL EQUIPMENT LIMITED (REGISTERED NUMBER: 05804080)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 27,790 16,948
Trade creditors 51,681 51,696
Business credit card 1,300 4,034
Social security and other taxes 40,158 34,663
VAT 24,790 18,313
Other creditors 15,000 15,000
Pension liability 1,036 982
Accrued expenses 4,843 3,300
166,598 144,936

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 18,223 17,200
Bank loans - 2-5 years 868 17,606
Directors' loan accounts 175,884 194,823
194,975 229,629

8. RELATED PARTY DISCLOSURES

The company incurred equipment hire charges totalling £nil (2023: £1,571) and rendered services totalling £16,778 (2023: £13,079) with Robert Barlow Limited (UK Company number - 08463739) of which R J W Barlow is the sole director and shareholder.

The company also rendered services totalling £6,000 (2023: £nil) with Rashsound Limited (UK Company number - 04888713) of which R Z Hall-Heinz is the sole director and shareholder.

All companies traded on normal commercial terms.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R J W Barlow.

10. GOING CONCERN ASSUMPTION

The financial statements have been prepared on the going concern basis, on the understanding that the directors will continue to financially support the company.