Company Registration No. 11417287 (England and Wales)
Fernbank Waste Solutions Limited
Unaudited accounts
for the year ended 30 September 2024
Fernbank Waste Solutions Limited
Unaudited accounts
Contents
Fernbank Waste Solutions Limited
Company Information
for the year ended 30 September 2024
Directors
Andrew Martin Broadhead
Catherine Marie Broadhead
Company Number
11417287 (England and Wales)
Registered Office
Leyland Farm
City Road
Manchester
M28 1BD
Accountants
Monton Green Accountancy Ltd
5 Hawthorn Avenue
Eccles
Manchester
M30 9NE
Fernbank Waste Solutions Limited
Statement of financial position
as at 30 September 2024
Tangible assets
43,442
52,774
Cash at bank and in hand
27,120
14,424
Creditors: amounts falling due within one year
(133,930)
(100,267)
Net current assets
2,335
17,157
Total assets less current liabilities
45,777
69,931
Creditors: amounts falling due after more than one year
(40,347)
(58,217)
Provisions for liabilities
Deferred tax
(5,413)
(4,978)
Called up share capital
120
120
Profit and loss account
(103)
6,616
Shareholders' funds
17
6,736
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 18 June 2025 and were signed on its behalf by
Catherine Marie Broadhead
Director
Company Registration No. 11417287
Fernbank Waste Solutions Limited
Notes to the Accounts
for the year ended 30 September 2024
Fernbank Waste Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 11417287. The registered office is Leyland Farm, City Road, Manchester, M28 1BD.
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.
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:
Computer equipment
3 Year Straight Line
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 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.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Fernbank Waste Solutions Limited
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
25,820
39,782
8,048
73,650
At 30 September 2024
25,820
39,782
10,216
75,818
At 1 October 2023
3,228
10,608
7,040
20,876
Charge for the year
2,582
7,956
962
11,500
At 30 September 2024
5,810
18,564
8,002
32,376
At 30 September 2024
20,010
21,218
2,214
43,442
At 30 September 2023
22,592
29,174
1,008
52,774
Amounts falling due within one year
Trade debtors
108,585
103,000
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
9,207
10,518
Trade creditors
97,324
63,881
Taxes and social security
20,611
12,513
Loans from directors
(5,543)
177
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
28,770
36,666
Fernbank Waste Solutions Limited
Notes to the Accounts
for the year ended 30 September 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
-
5,544
-
5,544
An amount of £5,544 was advanced to the directors in the year. This has been repaid post year end before the date the accounts have been approved.
No interest was charged on this loan.
9
Average number of employees
During the year the average number of employees was 5 (2023: 2).