Company No: 07494353 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Current assets
Stocks	3	139,118		0
Debtors	4	1,058,413		1,342,215
Cash at bank and in hand		0		3,381
		1,197,531		1,345,596
Creditors: amounts falling due within one year	5	( 1,193,040)		( 1,345,594)
Net current assets		4,491		2
Total assets less current liabilities		4,491		2
Net assets		4,491		2
Capital and reserves
Called-up share capital		1		1
Profit and loss account		4,490		1
Total shareholders' funds		4,491		2

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Ferchau Limited (registered number: 07494353) were approved and authorised for issue by the Board of Directors on 22 April 2025. They were signed on its behalf by:

P Burden Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Ferchau Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Building 307 Aviation Park West, Bournemouth Airport, Christchurch, BH23 6NW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Work in progress

Work in progress is measured at sales value based on the percentage of completion.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		5

3. Stocks

	2024		2023
	£		£
Work in progress	139,118		0

4. Debtors

	2024		2023
	£		£
Trade debtors	732,927		1,026,603
Other debtors	325,486		315,612
	1,058,413		1,342,215

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Bank overdrafts	22,947		0
Trade creditors	1,164,549		1,344,918
Other creditors	5,544		676
	1,193,040		1,345,594

6. Ultimate controlling party

Parent Company:

Kiwi Holdings Ltd