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REGISTERED NUMBER: 07343568 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

The Ferry House Limited

The Ferry House Limited (Registered number: 07343568)






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


The Ferry House Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: N Calvert
Mrs A Calvert





REGISTERED OFFICE: 27 Front Street
East Stockwith
Gainsborough
Lincolnshire
DN21 3DJ





REGISTERED NUMBER: 07343568 (England and Wales)






The Ferry House Limited (Registered number: 07343568)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 153,320 101,105

CURRENT ASSETS
Stocks 5,400 5,400
Debtors 5 79,698 79,698
Cash at bank and in hand 9,104 6,028
94,202 91,126
CREDITORS
Amounts falling due within one year 6 137,628 63,407
NET CURRENT (LIABILITIES)/ASSETS (43,426 ) 27,719
TOTAL ASSETS LESS CURRENT
LIABILITIES

109,894

128,824

CREDITORS
Amounts falling due after more than one
year

7

(13,880

)

(28,885

)

PROVISIONS FOR LIABILITIES (1,545 ) -
NET ASSETS 94,469 99,939

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 94,369 99,839
94,469 99,939

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.

The Ferry House Limited (Registered number: 07343568)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 February 2025 and were signed on its behalf by:





N Calvert - Director


The Ferry House Limited (Registered number: 07343568)

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

1. STATUTORY INFORMATION

The Ferry House 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 represents amounts involved in respect of goods rendered stated net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 2% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

The Ferry House Limited (Registered number: 07343568)

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

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 October 2023 36,759 56,530 114,382 71,603 279,274
Additions 64,860 - 3,595 - 68,455
At 30 September 2024 101,619 56,530 117,977 71,603 347,729
DEPRECIATION
At 1 October 2023 8,207 41,607 84,576 43,779 178,169
Charge for year 2,035 2,239 5,010 6,956 16,240
At 30 September 2024 10,242 43,846 89,586 50,735 194,409
NET BOOK VALUE
At 30 September 2024 91,377 12,684 28,391 20,868 153,320
At 30 September 2023 28,552 14,923 29,806 27,824 101,105

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2023
and 30 September 2024 44,004
DEPRECIATION
At 1 October 2023 19,252
Charge for year 6,188
At 30 September 2024 25,440
NET BOOK VALUE
At 30 September 2024 18,564
At 30 September 2023 24,752

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 79,698 79,698

The Ferry House Limited (Registered number: 07343568)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 5,005 5,005
Trade creditors 1,500 1,000
Tax 12,680 16,494
Social security and other taxes 4,584 1,441
VAT 14,281 17,089
Directors' current accounts 88,377 11,178
Accrued expenses 1,201 1,200
137,628 63,407

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 2,500 12,500
Hire purchase contracts 1,380 6,385
13,880 28,885

8. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.