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REGISTERED NUMBER: 10052056 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Fermoie Limited

Fermoie Limited (Registered number: 10052056)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Fermoie Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: M F E Ephson
P I Helme
J W E Shawcross





SECRETARY: Ms A Goodship





REGISTERED OFFICE: Unit 8 Hertford Court
Marlborough Business Park
Marlborough
Wiltshire
SN8 4AW





REGISTERED NUMBER: 10052056 (England and Wales)

Fermoie Limited (Registered number: 10052056)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 12,386 9,740
Tangible assets 5 700,675 509,941
713,061 519,681

CURRENT ASSETS
Stocks 741,917 655,522
Debtors 6 817,306 773,795
Cash at bank 529,205 378,544
2,088,428 1,807,861
CREDITORS
Amounts falling due within one year 7 688,578 551,298
NET CURRENT ASSETS 1,399,850 1,256,563
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,112,911

1,776,244

CREDITORS
Amounts falling due after more than one
year

8

(116,633

)

-

PROVISIONS FOR LIABILITIES (120,757 ) (60,694 )
NET ASSETS 1,875,521 1,715,550

CAPITAL AND RESERVES
Called up share capital 139,773 139,773
Capital redemption reserve 2,875 2,875
Retained earnings 1,732,873 1,572,902
1,875,521 1,715,550

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.

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 F E Ephson - Director


Fermoie Limited (Registered number: 10052056)

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

1. STATUTORY INFORMATION

Fermoie 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of twenty years.

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 - 25% on straight line basis and 5% on a straight line basis

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 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 46 (2024 - 49 ) .

Fermoie Limited (Registered number: 10052056)

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

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 April 2024 14,075
Additions 3,526
At 31 March 2025 17,601
AMORTISATION
At 1 April 2024 4,335
Amortisation for year 880
At 31 March 2025 5,215
NET BOOK VALUE
At 31 March 2025 12,386
At 31 March 2024 9,740

5. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 April 2024 340,570 1,002,836 1,343,406
Additions - 373,783 373,783
Disposals - (3,000 ) (3,000 )
At 31 March 2025 340,570 1,373,619 1,714,189
DEPRECIATION
At 1 April 2024 188,398 645,067 833,465
Charge for year 41,916 138,133 180,049
At 31 March 2025 230,314 783,200 1,013,514
NET BOOK VALUE
At 31 March 2025 110,256 590,419 700,675
At 31 March 2024 152,172 357,769 509,941

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 404,336 314,932
Amounts owed by group undertakings 302,483 306,483
Other debtors 49,597 52,147
Prepayments and accrued income 60,890 100,233
817,306 773,795

Fermoie Limited (Registered number: 10052056)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts (see note 9) 58,317 11,124
Trade creditors 406,870 286,285
Tax 146,674 162,134
Social security and other taxes 35,653 30,270
VAT 12,221 36,975
Other creditors 18,163 12,010
Accrued expenses 10,680 12,500
688,578 551,298

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Hire purchase contracts (see note 9) 116,633 -

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase
contracts
2025 2024
£    £   
Net obligations repayable:
Within one year 58,317 11,124
Between one and five years 116,633 -
174,950 11,124

Non-cancellable
operating leases
2025 2024
£    £   
Within one year 196,351 200,499
Between one and five years 232,712 429,063
429,063 629,562