2024-01-01 2024-12-31 false No description of principal activity Capium Accounts Production 1.1 12362862 2024-01-01 2024-12-31 12362862 bus:AbridgedAccounts 2024-01-01 2024-12-31 12362862 bus:Micro-entities 2024-01-01 2024-12-31 12362862 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12362862 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12362862 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12362862 2024-01-01 2024-12-31 12362862 2024-12-31 12362862 bus:RegisteredOffice 2024-01-01 2024-12-31 12362862 core:WithinOneYear 2024-12-31 12362862 core:AfterOneYear 2024-12-31 12362862 1 2024-01-01 2024-12-31 12362862 bus:Director1 2024-01-01 2024-12-31 12362862 bus:Director1 2024-12-31 12362862 bus:Director1 2023-01-01 2023-12-31 12362862 2023-01-01 12362862 bus:LeadAgentIfApplicable 2024-01-01 2024-12-31 12362862 2023-01-01 2023-12-31 12362862 2023-12-31 12362862 core:WithinOneYear 2023-12-31 12362862 core:AfterOneYear 2023-12-31 12362862 bus:EntityAccountantsOrAuditors 2023-01-01 2023-12-31 12362862 core:LandBuildings 2024-01-01 2024-12-31 12362862 core:LandBuildings 2024-12-31 12362862 core:LandBuildings 2023-12-31 12362862 core:FurnitureFittings 2024-01-01 2024-12-31 12362862 core:FurnitureFittings 2024-12-31 12362862 core:FurnitureFittings 2023-12-31 12362862 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-12-31 12362862 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-12-31 12362862 core:CostValuation core:Non-currentFinancialInstruments 2024-12-31 12362862 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 12362862 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-12-31 12362862 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-12-31 12362862 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-12-31 12362862 core:Non-currentFinancialInstruments 2024-12-31 12362862 core:Non-currentFinancialInstruments 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12362862
England and Wales

 

 

 

FEARON & SON LTD



Abridged Accounts
 


Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

FEARON & SON LTD
Contents Page
For the year ended 31 December 2024
  2024   2023
    £ £   £ £
Fixed assets   664,399      509,682 
Current assets 5,024      928   
Creditors: amount falling due within one year (1,000)     (27,374)  
Net current assets   4,024      (26,446)
Total assets less current liabilities   668,423      483,236 
Creditors: amount falling due after more than one year   (545,406)     (506,485)
Accruals and deferred income   0      (10,721)
Net assets   123,017      (33,970)
 

         
Capital and reserves   123,017      (33,970)
 
NOTES TO THE ACCOUNTS

General Information
FEARON & SON LTD is a private company, limited by shares, registered in England and Wales, registration number 12362862, registration address Gull View Gull Road, Guyhirn, Wisbech, PE13 4EP.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 25% Reducing Balance
2.

Tangible fixed assets

Cost or valuation Land and Buildings   Fixtures and Fittings   Total
  £   £   £
At 01 January 2024 506,250    6,100    512,350 
Additions -    1,825    1,825 
Disposals -    -    - 
Revaluations 153,750    -    153,750 
At 31 December 2024 660,000    7,925    667,925 
Depreciation
At 01 January 2024 -    2,668    2,668 
Charge for year -    858    858 
On disposals -    -    - 
At 31 December 2024 -    3,526    3,526 
Net book values
Closing balance as at 31 December 2024 660,000    4,399    664,399 
Opening balance as at 01 January 2024 506,250    3,432    509,682 

Freehold Property
Freehold Property is held under the revaluation model in accordance with FRS 102 (Section 17) and is stated at revalued amount, based on a periodic independent valuation. Revaluation gains are credited to the revaluation reserve, except where they reverse previous losses recognised in profit or loss.

3.

Average number of employees

Average number of employees during the year was 1 (2023 : 1).


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

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the director on 30 September 2025 and were signed by:


--------------------------------
Geraint Anthony Fearon
Director
1