REGISTERED NUMBER: 07224668 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

R.L. Ferris Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs J M Heppenstall

REGISTERED OFFICE:

64 Derby Lane

Old Swan

Liverpool

Merseyside

L13 3DN

REGISTERED NUMBER:

07224668 (England and Wales)

ACCOUNTANTS:

R.L.Ferris Ltd

Chartered Accountants

64 Derby Lane

Liverpool

Merseyside

L13 3DN

FIXED ASSETS

268,535

Intangible assets

4

200,000

85

Tangible assets

5

85

268,620

200,085

CURRENT ASSETS

8,660

Stocks

6

9,088

30,311

Debtors

7

21,570

18,468

Cash at bank and in hand

5,147

57,439

35,805

CREDITORS

71,583

Amounts falling due within one year

8

64,686

(14,144

)

NET CURRENT LIABILITIES

(28,881

)

254,476

TOTAL ASSETS LESS CURRENT LIABILITIES

171,204

CREDITORS

53,491

Amounts falling due after more than one year

9

53,491

200,985

NET ASSETS

117,713

CAPITAL AND RESERVES

103

Called up share capital

103

200,882

Retained earnings

117,610

200,985

SHAREHOLDERS' FUNDS

117,713

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 23 October 2025 and were signed by:

Mrs J M Heppenstall - Director

1.	STATUTORY INFORMATION

R.L. Ferris Limited 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.

Goodwill

In the opinion of the Directors the purchase value of Goodwill is expected to be maintained indefinitely, and is therefore not written down. The original purchase value of Goodwill has been amended in the year as a result of a revision of the calculation of fees as set out within the purchase agreement.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at its gross billable value.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

268,535

Impairments

(68,535

)

At 31 March 2025

200,000

NET BOOK VALUE

At 31 March 2025

200,000

At 31 March 2024

268,535

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

9,327

DEPRECIATION

At 1 April 2024

and 31 March 2025

9,242

NET BOOK VALUE

At 31 March 2025

85

At 31 March 2024

85

6.

STOCKS

31.3.25

31.3.24

£

£

Work-in-progress

9,088

8,660

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

7,891

18,030

Other debtors

13,679

12,281

21,570

30,311

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

(159

)

1,297

Taxation and social security

(1,686

)

8,457

Other creditors

66,531

61,829

64,686

71,583

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

53,491

53,491

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Other loans

65,822

65,822

Other loans are secured by a legal charge over company assets.

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mrs J M Heppenstall

Balance outstanding at start of year

9,777

9,345

Amounts advanced

-

26,432

Amounts repaid

-

(26,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

9,777

12.	RELATED PARTY DISCLOSURES

13.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mrs J M Heppenstall, as majority shareholder.