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REGISTERED NUMBER: 04880543 (England and Wales)















BILL & SUE FERGUSON LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2024






BILL & SUE FERGUSON LIMITED (REGISTERED NUMBER: 04880543)






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


BILL & SUE FERGUSON LIMITED

COMPANY INFORMATION
for the year ended 30 September 2024







DIRECTORS: Mrs S J Ferguson
W F Ferguson





SECRETARY: Mrs S J Ferguson





REGISTERED OFFICE: 2 St Benets Court
Tenterden
Kent
TN30 6QS





REGISTERED NUMBER: 04880543 (England and Wales)





ACCOUNTANTS: Busbys
Chartered Accountants
Unit 7
Pickhill Business Centre
Smallhythe Road
Tenterden
Kent
TN30 7LZ

BILL & SUE FERGUSON LIMITED (REGISTERED NUMBER: 04880543)

BALANCE SHEET
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 4,455 2,780
4,455 2,780

CURRENT ASSETS
Debtors 6 2,116 1,538
Cash at bank 115,419 119,843
117,535 121,381
CREDITORS
Amounts falling due within one year 7 4,683 5,018
NET CURRENT ASSETS 112,852 116,363
TOTAL ASSETS LESS CURRENT
LIABILITIES

117,307

119,143

PROVISIONS FOR LIABILITIES 370 528
NET ASSETS 116,937 118,615

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 116,837 118,515
SHAREHOLDERS' FUNDS 116,937 118,615

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.

BILL & SUE FERGUSON LIMITED (REGISTERED NUMBER: 04880543)

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 31 March 2025 and were signed on its behalf by:




Mrs S J Ferguson - Director



W F Ferguson - Director


BILL & SUE FERGUSON LIMITED (REGISTERED NUMBER: 04880543)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2024

1. STATUTORY INFORMATION

Bill & Sue Ferguson 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 the provision of services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, was being amortised evenly over its estimated useful life of 15 years. In anticipation of new accounting rules, the balance of goodwill at 1 October 2013 was being amortised evenly over 4 years and was fully amortised in the year ended 30 September 2017.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

BILL & SUE FERGUSON LIMITED (REGISTERED NUMBER: 04880543)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 41,866
AMORTISATION
At 1 October 2023
and 30 September 2024 41,866
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2023 5,938 12,599 11,627 30,164
Additions 95 3,218 - 3,313
Disposals (230 ) (1,214 ) (394 ) (1,838 )
At 30 September 2024 5,803 14,603 11,233 31,639
DEPRECIATION
At 1 October 2023 3,753 12,004 11,627 27,384
Charge for year 537 964 - 1,501
Eliminated on disposal (100 ) (1,207 ) (394 ) (1,701 )
At 30 September 2024 4,190 11,761 11,233 27,184
NET BOOK VALUE
At 30 September 2024 1,613 2,842 - 4,455
At 30 September 2023 2,185 595 - 2,780

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Sundry debtors 2,116 1,538

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Taxation and social security 314 688
Other creditors 4,369 4,330
4,683 5,018

BILL & SUE FERGUSON LIMITED (REGISTERED NUMBER: 04880543)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Ordinary £1 100 100

9. RELATED PARTY DISCLOSURES

Other creditors includes a loan from the directors of £413 (2023 : £413).