Registered number
07971629
Fyford Ltd
Report and Accounts
31 March 2025
Fyford Ltd
Report to the director on the preparation of the unaudited statutory accounts of Fyford Ltd for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Fyford Ltd for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Coalesco Accountants Limited
Chartered Certified Accountants
156 Russell Drive
Wollaton
Nottingham
NG8 2BE
25 June 2025
Fyford Ltd
Registered number: 07971629
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 9,377 11,253
Current assets
Debtors 4 84,210 90,016
Cash at bank and in hand 53,205 66,249
137,415 156,265
Creditors: amounts falling due within one year 5 (85,146) (85,976)
Net current assets 52,269 70,289
Net assets 61,646 81,542
Capital and reserves
Called up share capital 1 1
Profit and loss account 61,645 81,541
Shareholders' funds 61,646 81,542
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J G Whiles
Director
Approved by the board on 25 June 2025
Fyford Ltd
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 33% reducing balance
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 37,513
Additions 2,812
At 31 March 2025 40,325
Depreciation
At 1 April 2024 26,260
Charge for the year 4,688
At 31 March 2025 30,948
Net book value
At 31 March 2025 9,377
At 31 March 2024 11,253
4 Debtors 2025 2024
£ £
Trade debtors 84,210 90,016
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 69,936 60,276
Corporation tax 7,980 17,763
Other taxes and social security costs 3,450 4,055
Other creditors 3,780 3,882
85,146 85,976
6 Other information
Fyford Ltd is a private company limited by shares and incorporated in England. Its registered office is:
156 Russell Drive
Wollaton
Nottingham
NG8 2BE
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