Company Registration No. 06186161 (England and Wales)
Nick Partridge (Farriers) Limited
Unaudited accounts
for the year ended 30 September 2024
Nick Partridge (Farriers) Limited
Unaudited accounts
Contents
Nick Partridge (Farriers) Limited
Company Information
for the year ended 30 September 2024
Directors
Louise Elizabeth Partridge
Nicholas Partridge
Company Number
06186161 (England and Wales)
Registered Office
Brick Walls Barn
Gilberts End
Hanley Castle
WR8 0AS
Accountants
Louise Newman and co Ltd
2 Bath Mews
Bath Parade
Cheltenham
Gloucestershire
GL53 7HL
Nick Partridge (Farriers) Limited
Statement of financial position
as at 30 September 2024
Tangible assets
109,814
109,949
Cash at bank and in hand
1,134
1,349
Creditors: amounts falling due within one year
(103,855)
(117,729)
Net current liabilities
(98,197)
(66,280)
Total assets less current liabilities
11,617
43,669
Creditors: amounts falling due after more than one year
(8,664)
(13,901)
Provisions for liabilities
Called up share capital
1,000
1,000
Profit and loss account
1,953
28,524
Shareholders' funds
2,953
29,524
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2025 and were signed on its behalf by
Nicholas Partridge
Director
Company Registration No. 06186161
Nick Partridge (Farriers) Limited
Notes to the Accounts
for the year ended 30 September 2024
Nick Partridge (Farriers) Limited is a private company, limited by shares, registered in England and Wales, registration number 06186161. The registered office is Brick Walls Barn, Gilberts End, Hanley Castle, WR8 0AS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 30 September 2024
15,000
At 30 September 2024
15,000
Nick Partridge (Farriers) Limited
Notes to the Accounts
for the year ended 30 September 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 October 2023
109,679
10,477
120,156
At 30 September 2024
109,679
10,477
120,156
At 1 October 2023
-
10,207
10,207
Charge for the year
-
135
135
At 30 September 2024
-
10,342
10,342
At 30 September 2024
109,679
135
109,814
At 30 September 2023
109,679
270
109,949
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,627
9,533
Trade creditors
1,600
2,748
Taxes and social security
19,611
41,147
Loans from directors
66,174
-
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).