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REGISTERED NUMBER: 05045193 (England and Wales)





F4CONTROL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025






F4CONTROL LIMITED (REGISTERED NUMBER: 05045193)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


F4CONTROL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTOR: Mr J Lightbody





REGISTERED OFFICE: 7 St John Street
Mansfield
Nottinghamshire
NG18 1QH





REGISTERED NUMBER: 05045193 (England and Wales)





ACCOUNTANTS: ApC
Chartered Accountants
7 St John Street
Mansfield
Nottinghamshire
NG18 1QH

F4CONTROL LIMITED (REGISTERED NUMBER: 05045193)

BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 411,413 690,261

CURRENT ASSETS
Debtors 6 3,743,296 2,391,964
Cash at bank 330,599 146,133
4,073,895 2,538,097
CREDITORS
Amounts falling due within one year 7 4,044,343 2,529,352
NET CURRENT ASSETS 29,552 8,745
TOTAL ASSETS LESS CURRENT
LIABILITIES

440,965

699,006

CREDITORS
Amounts falling due after more than one
year

8

(105,967

)

(178,437

)

PROVISIONS FOR LIABILITIES (80,200 ) (39,498 )
NET ASSETS 254,798 481,071

CAPITAL AND RESERVES
Called up share capital 10 168 165
Share premium 15,724 -
Retained earnings 238,906 480,906
SHAREHOLDERS' FUNDS 254,798 481,071

F4CONTROL LIMITED (REGISTERED NUMBER: 05045193)

BALANCE SHEET - continued
31 JANUARY 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 28 May 2025 and were signed by:





Mr J Lightbody - Director


F4CONTROL LIMITED (REGISTERED NUMBER: 05045193)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. STATUTORY INFORMATION

F4Control 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the value excluding Value Added Tax of transportation services provided to customers during the year. All income is taken to profit and loss at the same point as the right to receive consideration has been acquired.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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.


F4CONTROL LIMITED (REGISTERED NUMBER: 05045193)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


3. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
Financial instruments and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 167 (2024 - 185 ) .

F4CONTROL LIMITED (REGISTERED NUMBER: 05045193)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 February 2024 8,080 40,267 31,120
Additions - 60,990 -
Disposals - - -
At 31 January 2025 8,080 101,257 31,120
DEPRECIATION
At 1 February 2024 4,040 23,066 24,304
Charge for year 808 2,579 1,704
Eliminated on disposal - - -
At 31 January 2025 4,848 25,645 26,008
NET BOOK VALUE
At 31 January 2025 3,232 75,612 5,112
At 31 January 2024 4,040 17,201 6,816

F4CONTROL LIMITED (REGISTERED NUMBER: 05045193)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2024 1,299,754 5,529 1,384,750
Additions 432,275 - 493,265
Disposals (1,109,441 ) - (1,109,441 )
At 31 January 2025 622,588 5,529 768,574
DEPRECIATION
At 1 February 2024 639,613 3,466 694,489
Charge for year 72,435 309 77,835
Eliminated on disposal (415,163 ) - (415,163 )
At 31 January 2025 296,885 3,775 357,161
NET BOOK VALUE
At 31 January 2025 325,703 1,754 411,413
At 31 January 2024 660,141 2,063 690,261

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 140,783 750,588
Amounts owed by related parties 3,180 -
Other debtors 230,640 1,581,868
VAT 3,177,130 -
Prepayments and accrued income 191,563 59,508
3,743,296 2,391,964

F4CONTROL LIMITED (REGISTERED NUMBER: 05045193)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 120,307 214,192
Trade creditors 49,315 133,004
Amounts owed to related parties 238,245 860,889
Corporation tax 133,515 180,515
Social security and other taxes 44,218 54,582
VAT - 145,392
Other creditors 3,284,422 429,824
Directors' current accounts 15,509 335,733
Accruals and deferred income 158,812 175,221
4,044,343 2,529,352

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 105,967 178,437

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts 226,274 392,629

Hire purchase agreements are secured against the asset to which they relate.

F4CONTROL LIMITED (REGISTERED NUMBER: 05045193)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid
Number Class Nominal 2024 2023
Value £ £
103 Ordinary £1 103 100
25 Ordinary A £1 25 25
10 Ordinary B £1 10 10
10 Ordinary C £1 10 10
10 Ordinary D £1 10 10
10 Ordinary E £1 10 10
168 165

During the year an additional 3 Ordinary £1 shares were issued for a premium of £5,241.33 per share.

11. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed to related parties £238,245 (2024 - £860,889).

At the balance sheet date the company was owed from related parties £3,180 (2024 - £Nil).

12. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J Lightbody.