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Company Registration No. 13566270 (England and Wales)
FERNWOOD LTD Unaudited accounts for the year ended 31 August 2024
FERNWOOD LTD Unaudited accounts Contents
Page
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FERNWOOD LTD Company Information for the year ended 31 August 2024
Director
Kirsty Arnold
Company Number
13566270 (England and Wales)
Registered Office
1 THE CROFT MARTON-IN-CLEVELAND MIDDLESBROUGH TS7 8DY ENGLAND
Accountants
Fresh Business Solutions Limited 4 King Street Spennymoor Durham DL16 6QG
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FERNWOOD LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
394,000 
394,000 
Current assets
Cash at bank and in hand
456 
554 
Creditors: amounts falling due within one year
(154)
- 
Net current assets
302 
554 
Total assets less current liabilities
394,302 
394,554 
Creditors: amounts falling due after more than one year
(426,236)
(427,142)
Net liabilities
(31,934)
(32,588)
Capital and reserves
Profit and loss account
(31,934)
(32,588)
Shareholders' funds
(31,934)
(32,588)
For the year ending 31 August 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 director acknowledges her 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 and authorised for issue on 25 April 2025 and were signed on its behalf by
Kirsty Arnold Director Company Registration No. 13566270
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FERNWOOD LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
FERNWOOD LTD is a private company, limited by shares, registered in England and Wales, registration number 13566270. The registered office is 1 THE CROFT, MARTON-IN-CLEVELAND, MIDDLESBROUGH, TS7 8DY, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Fair value at 1 September 2023
394,000 
At 31 August 2024
394,000 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
154 
- 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
292,112 
292,112 
Loans from directors
133,632 
134,538 
Accruals
492 
492 
426,236 
427,142 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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