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REGISTERED NUMBER: 04039298 (England and Wales)















FERN HOUSE MARKETING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






FERN HOUSE MARKETING LIMITED (REGISTERED NUMBER: 04039298)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


FERN HOUSE MARKETING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: I C Backhouse





SECRETARY: Mrs L J Konstantinoudis





REGISTERED OFFICE: The Fernery
Reedness
Goole
E Yorkshire
DN14 8EW





REGISTERED NUMBER: 04039298 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
14 London Road
Newark
Nottinghamshire
NG24 1TW

FERN HOUSE MARKETING LIMITED (REGISTERED NUMBER: 04039298)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 6,293 7,316
Investment property 5 215,000 215,000
221,293 222,316

CURRENT ASSETS
Debtors 6 (3 ) (727 )
Cash at bank 2,611 4,490
2,608 3,763
CREDITORS
Amounts falling due within one year 7 90,334 79,445
NET CURRENT LIABILITIES (87,726 ) (75,682 )
TOTAL ASSETS LESS CURRENT LIABILITIES 133,567 146,634

CREDITORS
Amounts falling due after more than one year 8 (30,758 ) (38,616 )

PROVISIONS FOR LIABILITIES - (160 )
NET ASSETS 102,809 107,858

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Fair value reserve 11 37,853 37,853
Retained earnings 63,956 69,005
SHAREHOLDERS' FUNDS 102,809 107,858

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director and authorised for issue on 27 March 2025 and were signed by:



I C Backhouse - Director


FERN HOUSE MARKETING LIMITED (REGISTERED NUMBER: 04039298)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Fern House Marketing 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
Revenue 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.
Plant and machinery etc - 5% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Investment properties are measured at fair value at each reporting date with changes in fair value recognised in the income statement and the revaluation reserve. No depreciation is provided in respect of investment properties.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2023 - 1 ) .

FERN HOUSE MARKETING LIMITED (REGISTERED NUMBER: 04039298)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 32,837
DEPRECIATION
At 1 January 2024 25,521
Charge for year 1,023
At 31 December 2024 26,544
NET BOOK VALUE
At 31 December 2024 6,293
At 31 December 2023 7,316

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 215,000
NET BOOK VALUE
At 31 December 2024 215,000
At 31 December 2023 215,000

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2016 104,295
Valuation in 2017 49,100
Valuation in 2018 (90,707 )
Valuation in 2019 (56,000 )
Valuation in 2021 31,165
Cost 177,147
215,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors (3 ) (727 )

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,984 6,110
Trade creditors (61 ) (287 )
Other creditors 83,411 73,622
90,334 79,445

FERN HOUSE MARKETING LIMITED (REGISTERED NUMBER: 04039298)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 30,758 38,616

Amounts falling due in more than five years:

Repayable by instalments
Bank loans due in more than 5 years 2,821 12,710

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 37,742 44,726

Bank loans are secured on the company's assets.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

11. RESERVES
Fair
value
reserve
£   
At 1 January 2024
and 31 December 2024 37,853

The aggregate surplus on re-measurement of investment properties, net of associated deferred tax, is transferred to a separate non-distributable revaluation reserve in order to assist with the identification of profits available for distribution.