2024-01-012024-12-312024-12-31false14325236Fowey River Trading Co Ltd2025-04-2547250falseiso4217:GBPxbrli:pure143252362024-01-01143252362024-12-31143252362024-01-012024-12-31143252362022-08-30143252362023-12-31143252362022-08-302023-12-3114325236bus:SmallEntities2024-01-012024-12-3114325236bus:AuditExempt-NoAccountantsReport2024-01-012024-12-3114325236bus:FullAccounts2024-01-012024-12-3114325236bus:PrivateLimitedCompanyLtd2024-01-012024-12-3114325236core:WithinOneYear2024-12-3114325236core:AfterOneYear2024-12-3114325236core:WithinOneYear2023-12-3114325236core:AfterOneYear2023-12-3114325236core:ShareCapital2024-12-3114325236core:SharePremium2024-12-3114325236core:RevaluationReserve2024-12-3114325236core:OtherReservesSubtotal2024-12-3114325236core:RetainedEarningsAccumulatedLosses2024-12-3114325236core:ShareCapital2023-12-3114325236core:SharePremium2023-12-3114325236core:RevaluationReserve2023-12-3114325236core:OtherReservesSubtotal2023-12-3114325236core:RetainedEarningsAccumulatedLosses2023-12-3114325236core:LandBuildings2024-12-3114325236core:PlantMachinery2024-12-3114325236core:Vehicles2024-12-3114325236core:FurnitureFittings2024-12-3114325236core:OfficeEquipment2024-12-3114325236core:NetGoodwill2024-12-3114325236core:IntangibleAssetsOtherThanGoodwill2024-12-3114325236core:ListedExchangeTraded2024-12-3114325236core:UnlistedNon-exchangeTraded2024-12-3114325236core:LandBuildings2023-12-3114325236core:PlantMachinery2023-12-3114325236core:Vehicles2023-12-3114325236core:FurnitureFittings2023-12-3114325236core:OfficeEquipment2023-12-3114325236core:NetGoodwill2023-12-3114325236core:IntangibleAssetsOtherThanGoodwill2023-12-3114325236core:ListedExchangeTraded2023-12-3114325236core:UnlistedNon-exchangeTraded2023-12-3114325236core:LandBuildings2024-01-012024-12-3114325236core:PlantMachinery2024-01-012024-12-3114325236core:Vehicles2024-01-012024-12-3114325236core:FurnitureFittings2024-01-012024-12-3114325236core:OfficeEquipment2024-01-012024-12-3114325236core:NetGoodwill2024-01-012024-12-3114325236core:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3114325236core:ListedExchangeTraded2024-01-012024-12-3114325236core:UnlistedNon-exchangeTraded2024-01-012024-12-3114325236core:MoreThanFiveYears2024-01-012024-12-3114325236core:Non-currentFinancialInstruments2024-12-3114325236core:Non-currentFinancialInstruments2023-12-3114325236dpl:CostSales2024-01-012024-12-3114325236dpl:DistributionCosts2024-01-012024-12-3114325236core:LandBuildings2024-01-012024-12-3114325236core:PlantMachinery2024-01-012024-12-3114325236core:Vehicles2024-01-012024-12-3114325236core:FurnitureFittings2024-01-012024-12-3114325236core:OfficeEquipment2024-01-012024-12-3114325236dpl:AdministrativeExpenses2024-01-012024-12-3114325236core:NetGoodwill2024-01-012024-12-3114325236core:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3114325236dpl:GroupUndertakings2024-01-012024-12-3114325236dpl:ParticipatingInterests2024-01-012024-12-3114325236dpl:GroupUndertakingscore:ListedExchangeTraded2024-01-012024-12-3114325236core:ListedExchangeTraded2024-01-012024-12-3114325236dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2024-01-012024-12-3114325236core:UnlistedNon-exchangeTraded2024-01-012024-12-3114325236dpl:CostSales2022-08-302023-12-3114325236dpl:DistributionCosts2022-08-302023-12-3114325236core:LandBuildings2022-08-302023-12-3114325236core:PlantMachinery2022-08-302023-12-3114325236core:Vehicles2022-08-302023-12-3114325236core:FurnitureFittings2022-08-302023-12-3114325236core:OfficeEquipment2022-08-302023-12-3114325236dpl:AdministrativeExpenses2022-08-302023-12-3114325236core:NetGoodwill2022-08-302023-12-3114325236core:IntangibleAssetsOtherThanGoodwill2022-08-302023-12-3114325236dpl:GroupUndertakings2022-08-302023-12-3114325236dpl:ParticipatingInterests2022-08-302023-12-3114325236dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-302023-12-3114325236core:ListedExchangeTraded2022-08-302023-12-3114325236dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-302023-12-3114325236core:UnlistedNon-exchangeTraded2022-08-302023-12-3114325236core:NetGoodwill2024-12-3114325236core:IntangibleAssetsOtherThanGoodwill2024-12-3114325236core:LandBuildings2024-12-3114325236core:PlantMachinery2024-12-3114325236core:Vehicles2024-12-3114325236core:FurnitureFittings2024-12-3114325236core:OfficeEquipment2024-12-3114325236core:AfterOneYear2024-12-3114325236core:WithinOneYear2024-12-3114325236core:ListedExchangeTraded2024-12-3114325236core:UnlistedNon-exchangeTraded2024-12-3114325236core:ShareCapital2024-12-3114325236core:SharePremium2024-12-3114325236core:RevaluationReserve2024-12-3114325236core:OtherReservesSubtotal2024-12-3114325236core:RetainedEarningsAccumulatedLosses2024-12-3114325236core:NetGoodwill2023-12-3114325236core:IntangibleAssetsOtherThanGoodwill2023-12-3114325236core:LandBuildings2023-12-3114325236core:PlantMachinery2023-12-3114325236core:Vehicles2023-12-3114325236core:FurnitureFittings2023-12-3114325236core:OfficeEquipment2023-12-3114325236core:AfterOneYear2023-12-3114325236core:WithinOneYear2023-12-3114325236core:ListedExchangeTraded2023-12-3114325236core:UnlistedNon-exchangeTraded2023-12-3114325236core:ShareCapital2023-12-3114325236core:SharePremium2023-12-3114325236core:RevaluationReserve2023-12-3114325236core:OtherReservesSubtotal2023-12-3114325236core:RetainedEarningsAccumulatedLosses2023-12-3114325236core:NetGoodwill2022-08-3014325236core:IntangibleAssetsOtherThanGoodwill2022-08-3014325236core:LandBuildings2022-08-3014325236core:PlantMachinery2022-08-3014325236core:Vehicles2022-08-3014325236core:FurnitureFittings2022-08-3014325236core:OfficeEquipment2022-08-3014325236core:AfterOneYear2022-08-3014325236core:WithinOneYear2022-08-3014325236core:ListedExchangeTraded2022-08-3014325236core:UnlistedNon-exchangeTraded2022-08-3014325236core:ShareCapital2022-08-3014325236core:SharePremium2022-08-3014325236core:RevaluationReserve2022-08-3014325236core:OtherReservesSubtotal2022-08-3014325236core:RetainedEarningsAccumulatedLosses2022-08-3014325236core:AfterOneYear2024-01-012024-12-3114325236core:WithinOneYear2024-01-012024-12-3114325236core:Non-currentFinancialInstrumentscore:CostValuation2024-01-012024-12-3114325236core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-01-012024-12-3114325236core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-01-012024-12-3114325236core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-01-012024-12-3114325236core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-01-012024-12-3114325236core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-01-012024-12-3114325236core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-01-012024-12-3114325236core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-01-012024-12-3114325236core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-01-012024-12-3114325236core:Non-currentFinancialInstrumentscore:CostValuation2024-12-3114325236core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-12-3114325236core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-12-3114325236core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-12-3114325236core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-12-3114325236core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-12-3114325236core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-12-3114325236core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-12-3114325236core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-12-3114325236core:Non-currentFinancialInstrumentscore:CostValuation2023-12-3114325236core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-3114325236core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-3114325236core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-3114325236core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-3114325236core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-3114325236core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-3114325236core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-3114325236core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-3114325236bus:Director12024-01-012024-12-3114325236bus:Director22024-01-012024-12-31

Fowey River Trading Co Ltd

Registered Number
14325236
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2024

Fowey River Trading Co Ltd
Company Information
for the year from 1 January 2024 to 31 December 2024

Directors

Sarah Hermes
Nicola Hoar

Registered Address

St Denys House
22 East Hill
St Austell
PL25 4TR

Registered Number

14325236 (England and Wales)
Fowey River Trading Co Ltd
Balance Sheet as at
31 December 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3480641
480641
Current assets
Stocks424,44021,786
Debtors5861665
Cash at bank and on hand16,6207,573
41,92130,024
Creditors amounts falling due within one year6(20,785)(21,373)
Net current assets (liabilities)21,1368,651
Total assets less current liabilities21,6169,292
Net assets21,6169,292
Capital and reserves
Called up share capital100100
Profit and loss account21,5169,192
Shareholders' funds21,6169,292
The financial statements were approved and authorised for issue by the Board of Directors on 25 April 2025, and are signed on its behalf by:
Nicola Hoar
Director
Sarah Hermes
Director

Registered Company No. 14325236
Fowey River Trading Co Ltd
Notes to the Financial Statements
for the year ended 31 December 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Tangible fixed assets and depreciation

Reducing balance (%)
Plant and machinery25
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20242023
Average number of employees during the year33
3.Tangible fixed assets

Plant & machinery

Total

££
Cost or valuation
At 01 January 24854854
At 31 December 24854854
Depreciation and impairment
At 01 January 24213213
Charge for year161161
At 31 December 24374374
Net book value
At 31 December 24480480
At 31 December 23641641
4.Stocks

2024

2023

££
Other stocks24,44021,786
Total24,44021,786
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables183159
Other debtors94-
Prepayments and accrued income584506
Total861665
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables3,4134,477
Taxation and social security5,3284,970
Other creditors10,7699,800
Accrued liabilities and deferred income1,2752,126
Total20,78521,373
7.Directors advances, credits and guarantees
As at 31 December 2024, there was a balance owed by the company to N Hoar and S Hermes of £5,397 and £5,373, respectively (2023: £4,912 and £4,888).