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REGISTERED NUMBER: 04524480 (England and Wales)














N Ferre Limited

Unaudited Financial Statements

for the Year Ended 30 September 2024






N Ferre Limited (Registered number: 04524480)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


N Ferre Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: N J Ferre
Mrs L Ferre





SECRETARY: Mrs L M Ferre





REGISTERED OFFICE: 10 Victoria Road South
Southsea
Hampshire
PO5 2DA





REGISTERED NUMBER: 04524480 (England and Wales)





ACCOUNTANTS: Barter Durgan
Chartered Accountants
10 Victoria Road South
Southsea
Hampshire
PO5 2DA

N Ferre Limited (Registered number: 04524480)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 334,903 348,812

CURRENT ASSETS
Stocks 7,500 7,500
Debtors 5 95,000 -
Cash at bank and in hand 294,850 245,123
397,350 252,623
CREDITORS
Amounts falling due within one year 6 99,599 79,910
NET CURRENT ASSETS 297,751 172,713
TOTAL ASSETS LESS CURRENT
LIABILITIES

632,654

521,525

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 632,652 521,523
SHAREHOLDERS' FUNDS 632,654 521,525

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

N Ferre Limited (Registered number: 04524480)

Balance Sheet - continued
30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 February 2025 and were signed on its behalf by:





N J Ferre - Director


N Ferre Limited (Registered number: 04524480)

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

1. STATUTORY INFORMATION

N Ferre 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.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

N Ferre Limited (Registered number: 04524480)

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

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023
and 30 September 2024 292,500 10,285 77,026 904 380,715
DEPRECIATION
At 1 October 2023 - 8,191 22,808 904 31,903
Charge for year - 355 13,554 - 13,909
At 30 September 2024 - 8,546 36,362 904 45,812
NET BOOK VALUE
At 30 September 2024 292,500 1,739 40,664 - 334,903
At 30 September 2023 292,500 2,094 54,218 - 348,812

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 95,000 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 34,499 40,094
Trade creditors 1 -
Taxation 47,876 30,448
VAT 14,448 6,593
Directors' current accounts 275 275
Accrued expenses 2,500 2,500
99,599 79,910