REGISTERED NUMBER: 06624843 (England and Wales)

FERAL SURF LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A R Wheadon

Mr P C Cope

SECRETARY:

REGISTERED OFFICE:

19 The Moat

Ware

Hertfordshire

SG11 1SJ

REGISTERED NUMBER:

06624843 (England and Wales)

ACCOUNTANTS:

T. PA Accountancy Services Limited

Hale House

Unit 5

296a Green Lanes

Palmers Green

London

N13 5TW

FIXED ASSETS

Tangible assets

4

28,526

15,466

CURRENT ASSETS

Cash at bank and in hand

9,079

10,411

CREDITORS

Amounts falling due within one year

5

29,497

29,809

NET CURRENT LIABILITIES

(20,418

)

(19,398

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,108

(3,932

)

CREDITORS

Amounts falling due after more than one year

6

20,045

34,894

NET LIABILITIES

(11,937

)

(38,826

)

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

8

(12,937

)

(39,826

)

SHAREHOLDERS' FUNDS

(11,937

)

(38,826

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 24 September 2025 and were signed on its behalf by:

Mr A R Wheadon - Director

1.	STATUTORY INFORMATION

Feral Surf Ltd 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.

Plant and machinery

-

25% on cost

Motor vehicles

-

25% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2024

40,104

21,849

61,953

Additions

22,569

-

22,569

At 31 December 2024

62,673

21,849

84,522

DEPRECIATION

At 1 January 2024

31,219

15,268

46,487

Charge for year

7,864

1,645

9,509

At 31 December 2024

39,083

16,913

55,996

NET BOOK VALUE

At 31 December 2024

23,590

4,936

28,526

At 31 December 2023

8,885

6,581

15,466

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Directors' current accounts

19,269

16,412

Accrued expenses

10,228

13,397

29,497

29,809

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans more 5 yr by instal

20,045

34,894

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

20,045

34,894

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1,000

Ordinary

£1

1,000

1,000

8.

RESERVES

Retained

earnings

£

At 1 January 2024

(39,826

)

Profit for the year

26,889

At 31 December 2024

(12,937

)

9.	GOING CONCERN

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future.

The validity of this assumption depends on the ability of the directors and the bank to support the company and enable it to trade out of the deficit situation.