Follen (Ribchester) Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 08798773

		31 January 2025		11 April 2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	4	210,970		247,917
Cash at bank and in hand		-		1,687

		210,970		249,604
Creditors: Amounts Falling Due Within One Year	5	(10,037 )		(46,077 )

NET CURRENT ASSETS (LIABILITIES)			200,933		203,527

TOTAL ASSETS LESS CURRENT LIABILITIES			200,933		203,527

PROVISIONS FOR LIABILITIES
Deferred Taxation			-		(641 )

NET ASSETS			200,933		202,886

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			200,833		202,786

SHAREHOLDERS' FUNDS			200,933		202,886

For the period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr M Follen

Director

31/07/2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Follen (Ribchester) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08798773 . The registered office is Snow Hill House, Snow Hill Lane, Scorton , Preston, PR3 1BA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to

the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

Goodwill - 6% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

2.4. Tangible Fixed Assets and Depreciation

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent

accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation is calculated as follows:

Fixtures & Fittings

20% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable

group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

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Follen (Ribchester) Ltd

Notes to the Financial Statements (continued)

For the Period 12 April 2024 to 31 January 2025

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the period was: NIL (2024: NIL)

4. Debtors

	31 January 2025	11 April 2024
	£	£
Due within one year
Other debtors - s455 tax	10,036	-
M & SL Follen Ltd Loan	171,222	224,835
Follen Forton Loan	(25 )	-
Director's loan account	29,737	23,082

	210,970	247,917

5. Creditors: Amounts Falling Due Within One Year

	31 January 2025	11 April 2024
	£	£
Trade creditors	1	23
Bank loans and overdrafts	-	6,377
Corporation tax	10,036	38,927
Accruals and deferred income	-	750

	10,037	46,077

6. Share Capital

	31 January 2025	11 April 2024
	£	£
Allotted, Called up and fully paid	100	100

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Follen (Ribchester) Ltd

Notes to the Financial Statements (continued)

For the Period 12 April 2024 to 31 January 2025

7. Directors Advances, Credits and Guarantees

	As at 12 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 January 2025
	£	£	£	£	£
Mr Mark Follen	23,082	7,875	1,217	-	29,737

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