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REGISTERED NUMBER: 06626322 (England and Wales)














Financial Statements

for the Year Ended 31 March 2025

for

Fazakerley Rewinds Ltd

Fazakerley Rewinds Ltd (Registered number: 06626322)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Fazakerley Rewinds Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: S Phillipson
M Russell





REGISTERED OFFICE: Oriel House
2-8 Oriel Road
Bootle
Merseyside
L20 7EP





REGISTERED NUMBER: 06626322 (England and Wales)





ACCOUNTANTS: SB&P
Chartered Accountants
Oriel House
2-8 Oriel Road
Bootle
Liverpool
Merseyside
L20 7EP

Fazakerley Rewinds Ltd (Registered number: 06626322)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 422,707 436,352

CURRENT ASSETS
Stocks 80,000 80,000
Debtors 5 218,453 297,668
Cash at bank and in hand 426,218 308,175
724,671 685,843
CREDITORS
Amounts falling due within one year 6 131,614 142,972
NET CURRENT ASSETS 593,057 542,871
TOTAL ASSETS LESS CURRENT LIABILITIES 1,015,764 979,223

PROVISIONS FOR LIABILITIES 3,411 3,612
NET ASSETS 1,012,353 975,611

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 1,012,352 975,610
SHAREHOLDERS' FUNDS 1,012,353 975,611

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Fazakerley Rewinds Ltd (Registered number: 06626322)

Balance Sheet - continued
31 March 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 June 2025 and were signed on its behalf by:





M Russell - Director


Fazakerley Rewinds Ltd (Registered number: 06626322)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Fazakerley Rewinds Ltd 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.

Turnover
Turnover represents the fair value of services provided under contracts with customers to the extent that there is a right to consideration. It is measured at the fair value of the consideration due.

Tangible fixed assets
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.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Freehold property - 2% on cost
Plant and machinery - 15% on reducing balance
Fixtures & fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

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.

Fazakerley Rewinds Ltd (Registered number: 06626322)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 11 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2024
and 31 March 2025 541,332 28,515 12,657
DEPRECIATION
At 1 April 2024 118,892 23,692 10,512
Charge for year 10,827 723 322
At 31 March 2025 129,719 24,415 10,834
NET BOOK VALUE
At 31 March 2025 411,613 4,100 1,823
At 31 March 2024 422,440 4,823 2,145

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 27,315 9,280 619,099
DEPRECIATION
At 1 April 2024 20,833 8,818 182,747
Charge for year 1,621 152 13,645
At 31 March 2025 22,454 8,970 196,392
NET BOOK VALUE
At 31 March 2025 4,861 310 422,707
At 31 March 2024 6,482 462 436,352

Fazakerley Rewinds Ltd (Registered number: 06626322)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 204,491 242,749
Other debtors 1,126 33,297
Directors' current accounts 149 49
Prepayments 12,687 21,573
218,453 297,668

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 58,186 47,772
Tax 14,040 24,441
Social security and other taxes 9,409 9,417
Pension 2,032 2,005
VAT 39,658 52,314
Other creditors 235 1,023
Accrued expenses 8,054 6,000
131,614 142,972

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
1 Share capital 1 £1 1 1

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
M Russell and M Russell
Balance outstanding at start of year 49 -
Amounts advanced 600 49
Amounts repaid (500 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 149 49