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REGISTERED NUMBER: 03353651 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Ferrari Property Services Limited

Ferrari Property Services Limited (Registered number: 03353651)






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


Ferrari Property Services Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mrs C M Ferrari
M Reeves





SECRETARY: A Ferrari





REGISTERED OFFICE: 258 Field End Road
Ruislip
Middlesex
HA4 9UU





REGISTERED NUMBER: 03353651 (England and Wales)





ACCOUNTANTS: Ahmed & Co
284 Station Road
Harrow
Middlesex
HA1 2EA

Ferrari Property Services Limited (Registered number: 03353651)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 359 479

CURRENT ASSETS
Debtors 5 9,200 52,182
Cash at bank and in hand 38,200 41,639
47,400 93,821
CREDITORS
Amounts falling due within one year 6 42,015 48,977
NET CURRENT ASSETS 5,385 44,844
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,744

45,323

CREDITORS
Amounts falling due after more than one
year

7

-

11,008
NET ASSETS 5,744 34,315

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 5,644 34,215
SHAREHOLDERS' FUNDS 5,744 34,315

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.

Ferrari Property Services Limited (Registered number: 03353651)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2025 and were signed on its behalf by:





M Reeves - Director


Ferrari Property Services Limited (Registered number: 03353651)

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

1. STATUTORY INFORMATION

Ferrari Property Services 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

Ferrari Property Services Limited (Registered number: 03353651)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 3,184 12,420 15,604
DEPRECIATION
At 1 April 2024 2,705 12,420 15,125
Charge for year 120 - 120
At 31 March 2025 2,825 12,420 15,245
NET BOOK VALUE
At 31 March 2025 359 - 359
At 31 March 2024 479 - 479

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 6,912 51,983
Other debtors 2,288 199
9,200 52,182

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 11,008 9,184
Taxation and social security 3,635 12,221
Other creditors 27,372 27,572
42,015 48,977

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans - 11,008