Farriers Management (Bristol) Limited 06499842 false 2024-02-01 2025-01-31 2025-01-31 The principal activity of the company is that of a property management company. Digita Accounts Production Advanced 6.30.9574.0 true true 06499842 2024-02-01 2025-01-31 06499842 2025-01-31 06499842 core:CurrentFinancialInstruments 2025-01-31 06499842 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 06499842 core:OtherPropertyPlantEquipment 2025-01-31 06499842 bus:SmallEntities 2024-02-01 2025-01-31 06499842 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 06499842 bus:FilletedAccounts 2024-02-01 2025-01-31 06499842 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 06499842 bus:RegisteredOffice 2024-02-01 2025-01-31 06499842 bus:Director2 2024-02-01 2025-01-31 06499842 bus:CompanyLimitedByGuarantee 2024-02-01 2025-01-31 06499842 core:OtherPropertyPlantEquipment 2024-02-01 2025-01-31 06499842 core:PlantMachinery 2024-02-01 2025-01-31 06499842 countries:AllCountries 2024-02-01 2025-01-31 06499842 2024-01-31 06499842 core:OtherPropertyPlantEquipment 2024-01-31 06499842 2023-02-01 2024-01-31 06499842 2024-01-31 06499842 core:CurrentFinancialInstruments 2024-01-31 06499842 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 06499842 core:OtherPropertyPlantEquipment 2024-01-31 iso4217:GBP xbrli:pure

Registration number: 06499842

Farriers Management (Bristol) Limited
(A company limited by guarantee)
Unaudited Filleted Financial Statements
for the Year Ended 31 January 2025

Farriers Management (Bristol) Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 6

Farriers Management (Bristol) Limited

Company Information

Director | Miss A Brown

Registered office | Unit 1, Office 1 Tower Lane Business Park Tower Lane Warmley Bristol BS30 8XT

Accountants | Ross & Partners (Bristol) Limited Accountants and Tax Consultants Unit 1, Office 1 Tower Lane Business Park Tower Lane Warmley Bristol BS30 8XT

Farriers Management (Bristol) Limited

(Registration number: 06499842)
Balance Sheet as at 31 January 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 3 | 646 | 807
Current assets |  |  |
Debtors | 4 | 993 | 940
Cash at bank and in hand |  | 3,420 | 1,453
|  | 4,413 | 2,393
Creditors: Amounts falling due within one year | 5 | (847) | (683)
Net current assets |  | 3,566 | 1,710
Net assets |  | 4,212 | 2,517
Reserves |  |  |
Retained earnings |  | 4,212 | 2,517
Surplus |  | 4,212 | 2,517

For the financial year ending 31 January 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Farriers Management (Bristol) Limited

(Registration number: 06499842)
Balance Sheet as at 31 January 2025

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 October 2025

......................................... Miss A Brown Director

Farriers Management (Bristol) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable from occupants of the flats in Farriers Court for the provision of communal services. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and Machinery | 20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Farriers Management (Bristol) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

2 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Farriers Management (Bristol) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

3 | Tangible assets

| Other tangible assets £ | Total £
Cost or valuation
At 1 February 2024 | 2,461 | 2,461
At 31 January 2025 | 2,461 | 2,461
Depreciation
At 1 February 2024 | 1,654 | 1,654
Charge for the year | 161 | 161
At 31 January 2025 | 1,815 | 1,815
Carrying amount
At 31 January 2025 | 646 | 646
At 31 January 2024 | 807 | 807

4 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 810 | 940
Prepayments | 183 | -
| 993 | 940

5 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 43 | -
Accruals and deferred income | 804 | 683
| 847 | 683