Company No: 06030794 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2025		31.03.2024
		£		£
Fixed assets
Investments	3	136,000		136,000
		136,000		136,000
Current assets
Debtors	4	1,885,990		1,977,447
Cash at bank and in hand		392,648		282,507
		2,278,638		2,259,954
Creditors: amounts falling due within one year	5	( 94,756)		( 200,975)
Net current assets		2,183,882		2,058,979
Total assets less current liabilities		2,319,882		2,194,979
Net assets		2,319,882		2,194,979
Capital and reserves
Called-up share capital	6	1		1
Profit and loss account		2,319,881		2,194,978
Total shareholder's funds		2,319,882		2,194,979

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of F E C Moffat Limited (registered number: 06030794) were approved and authorised for issue by the Director on 09 October 2025. They were signed on its behalf by:

F E C Moffat 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 period, unless otherwise stated.

General information and basis of accounting

F E C Moffat 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 C/O Timms Solicitors St Michael's, Queen Street, Derby, DE1 3SU, 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 £.

Turnover

Turnover represents the company's share of the profits from the partnership Timms Solicitors.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

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.

Fixed asset investments

Other investments are measured at cost less impairment.

Investment in partnership represents capital paid into the partnership of which the company is a partner, in accordance with the terms of appointment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

	Year ended 31.03.2025		Period from 01.01.2023 to 31.03.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 April 2024	136,000		136,000
At 31 March 2025	136,000		136,000
Carrying value at 31 March 2025	136,000		136,000
Carrying value at 31 March 2024	136,000		136,000

4. Debtors

	31.03.2025		31.03.2024
	£		£
Amounts owed by director	89,933		174,279
Other debtors	1,796,057		1,803,168
	1,885,990		1,977,447

5. Creditors: amounts falling due within one year

	31.03.2025		31.03.2024
	£		£
Taxation and social security	93,575		199,875
Other creditors	1,181		1,100
	94,756		200,975

6. Called-up share capital

	31.03.2025		31.03.2024
	£		£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1		1

7. Related party transactions

Transactions with the entity's director

	31.03.2025		31.03.2024
	£		£
Loan with company	89,933		174,279

Interest is charged on the loan to the director at the official HMRC rate of interest, which at 31 March 2025 was 2.25%. Loan is repayable on demand.