| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 April 2025 |
| for |
| Friend & Simmonds Ltd |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 April 2025 |
| for |
| Friend & Simmonds Ltd |
| Friend & Simmonds Ltd (Registered number: 14776448) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Friend & Simmonds Ltd |
| Company Information |
| for the Year Ended 30 April 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 1,733 Coventry Road |
| South Yardley |
| Birmingham |
| West Midlands |
| B26 1DT |
| Friend & Simmonds Ltd (Registered number: 14776448) |
| Balance Sheet |
| 30 April 2025 |
| 30.4.25 | 30.4.24 |
| as restated |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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 were approved by the Board of Directors and authorised for issue on |
| Friend & Simmonds Ltd (Registered number: 14776448) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2025 |
| 1. | STATUTORY INFORMATION |
| Friend & Simmonds Ltd is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| 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. |
| Loans from directors |
| As a small entity the company measures a basic financial liability that are loans from directors at transaction price. |
| Accounting period |
| The prior accounting period, being the company's initial period was of 394 days duration. As a result, the results of this year are not directly comparable with those of the previous financial period. |
| Investments |
| Investments in joint ventures, associates and other participating interests are measured at cost less impairment. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2024 - NIL). |
| Friend & Simmonds Ltd (Registered number: 14776448) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2025 |
| 5. | FIXED ASSET INVESTMENTS |
| Interest |
| Interest | in other |
| in | participating |
| associate | interests | Totals |
| £ | £ | £ |
| COST |
| At 1 May 2024 | 1,800 | 1,850 |
| Disposals | (300 | ) | (300 | ) |
| At 30 April 2025 | 1,500 | 1,550 |
| NET BOOK VALUE |
| At 30 April 2025 | 1,500 | 1,550 |
| At 30 April 2024 | 1,800 | 1,850 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.4.25 | 30.4.24 |
| as restated |
| £ | £ |
| Trade debtors |
| Other debtors |
| Prepayments and accrued income |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.4.25 | 30.4.24 |
| as restated |
| £ | £ |
| Trade creditors |
| Tax |
| Social security and other taxes |
| Other creditors |
| Directors' current accounts | 14,377 | 14,614 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.4.25 | 30.4.24 |
| value: | as restated |
| £ | £ |
| Ordinary | £1 | 100 | 100 |
| 9. | CAPITAL COMMITMENTS |
| 30.4.25 | 30.4.24 |
| as restated |
| £ | £ |
| Contracted but not provided for in the |
| financial statements |
| Friend & Simmonds Ltd (Registered number: 14776448) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2025 |
| 10. | RELATED PARTY DISCLOSURES |
| Loans from key management personnel are unsecured and interest free with no specific repayment terms. |
| Balance with associate is unsecured and interest free with no specific repayment terms. |