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Registered number: 07918945
Festaff Limited
ACCOUNTS
FOR THE YEAR ENDED 30/01/2025
Prepared By:
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN
Festaff Limited
ACCOUNTS
FOR THE YEAR ENDED 30/01/2025
DIRECTORS
A J Reid
REGISTERED OFFICE
6 Brunswick Street
Carlisle
CA1 1PN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07918945
ACCOUNTANTS
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN
Festaff Limited
ACCOUNTS
FOR THEYEARENDED30/01/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Festaff Limited
BALANCE SHEET AT 30/01/2025
20252024
Notes££
FIXED ASSETS
Tangible assets32,6843,578
CURRENT ASSETS
Debtors420,5001,000
Cash at bank and in hand237,801281,375
258,301282,375
CREDITORS: Amounts falling due within one year592,537127,259
NET CURRENT ASSETS165,764155,116
TOTAL ASSETS LESS CURRENT LIABILITIES168,448158,694
CREDITORS: Amounts falling due after more than one year61,9787,058
NET ASSETS166,470151,636
CAPITAL AND RESERVES
Called up share capital811
Profit and loss account166,469151,635
SHAREHOLDERS' FUNDS166,470151,636
For the year ending 30/01/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 16/10/2025 and signed on their behalf by
.............................
A J Reid
Director
Festaff Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/01/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 25%
1c. Taxation
Taxation represents the sum of tax currently payable and deferred tax. 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 all 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. 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.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. Turnover is recognised upon the provision of services.
Festaff Limited
2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 31/01/202425,00025,000
At 30/01/202525,00025,000
Depreciation
At 31/01/202425,00025,000
At 30/01/202525,00025,000
Net Book Amounts
At 30/01/2025--
3. TANGIBLE FIXED ASSETS
Plant andCommercialFixtures
MachineryVehiclesand FittingsTotal
££££
Cost
At 31/01/20247,57019,7907,06334,423
At 30/01/20257,57019,7907,06334,423
Depreciation
At 31/01/20247,57016,5586,71730,845
For the year-80886894
At 30/01/20257,57017,3666,80331,739
Net Book Amounts
At 30/01/2025-2,4242602,684
At 30/01/2024-3,2323463,578
4. DEBTORS 20252024
££
Amounts falling due within one year
Other debtors1,0001,000
Directors current account19,500-
20,5001,000
Festaff Limited
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax6,27016,574
VAT25,87230,675
Other tax and social security creditors-511
Directors current account-24,789
Bank loan5,0005,000
Other creditors52,82147,206
Accruals2,5742,504
92,537127,259
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans >1yr1,9787,058
1,9787,058
7. EMPLOYEES
20252024
No.No.
Average number of employees56
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11
Festaff Limited
9. RELATED PARTY TRANSACTIONS
Dividends of £11,000 (2024 - £12,000) were paid to the director during the year.
At the balance sheet date a loan of £19,500 was owed by the director to the company (2024 - £24,789 creditor) . The loan is interest free, unsecured and repayable on demand.
10. ADDITIONAL INFORMATION
The company is a private company, limited by shares and registered in England & Wales.
The company's registered number is 07918945.
The company's registered office is 6 Brunswick Street, Carlisle, CA1 1PN.
11. TRANSACTIONS WITH DIRECTORS
During the year advances of £19,500 were made to the director by the company. This balance remains outstandiing at the balance sheet date. The loan is unsecured, interest free and repayable on demand.