Company No: 09361114 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Mrs N K Ford (Appointed 16 February 2024)
	P J Ford
	T Palgrave (Appointed 31 July 2025)

REGISTERED OFFICE	Tall Timbers
	South Munstead Lane
	Godalming
	GU8 4AG
	United Kingdom

COMPANY NUMBER

09361114 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Wey Court West
	Union Road
	Farnham
	Surrey
	GU9 7PT

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	352		10,455
		352		10,455
Current assets
Debtors	4	93,067		68,499
Cash at bank and in hand		13,313		23,141
		106,380		91,640
Creditors: amounts falling due within one year	5	( 107,052)		( 88,974)
Net current (liabilities)/assets		(672)		2,666
Total assets less current liabilities		(320)		13,121
Creditors: amounts falling due after more than one year	6	0		( 9,716)
Provision for liabilities		( 89)		( 2,614)
Net (liabilities)/assets		( 409)		791
Capital and reserves
Called-up share capital		100		100
Profit and loss account		( 509 )		691
Total shareholder's (deficit)/funds		( 409)		791

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge 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 Income Statement has not been delivered.

The financial statements of Peter Ford Associates Limited (registered number: 09361114) were approved and authorised for issue by the Board of Directors on 09 December 2025. They were signed on its behalf by:

Peter James Ford 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 year, unless otherwise stated.

General information and basis of accounting

Peter Ford Associates 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 Tall Timbers, South Munstead Lane, Godalming, GU8 4AG, 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 is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles	5 years straight line
Computer equipment	3 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

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.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		3

3. Tangible assets

	Vehicles		Computer equipment		Total
	£		£		£
Cost
At 01 January 2024	52,240		4,189		56,429
At 31 December 2024	52,240		4,189		56,429
Accumulated depreciation
At 01 January 2024	43,533		2,441		45,974
Charge for the financial year	8,707		1,396		10,103
At 31 December 2024	52,240		3,837		56,077
Net book value
At 31 December 2024	0		352		352
At 31 December 2023	8,707		1,748		10,455

4. Debtors

	2024		2023
	£		£
Trade debtors	4,618		493
Amounts owed by directors	78,642		58,471
Prepayments	1,610		1,338
Other debtors	8,197		8,197
	93,067		68,499

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Bank loans	9,725		5,400
Accruals	12,298		12,301
Corporation tax	55,496		46,323
Other taxation and social security	23,488		24,548
Other creditors	6,045		402
	107,052		88,974

6. Creditors: amounts falling due after more than one year

	2024		2023
	£		£
Bank loans	0		9,716

There are no amounts included above in respect of which any security has been given by the small entity.

7. Related party transactions

Transactions with the entity's directors

	2024		2023
	£		£
Balance outstanding at start of year	58,472		24,287
Amounts advanced	207,384		58,472
Amounts repaid	(188,982)		(24,287)
Amounts written off	0		0
Amounts waived	0		0
Balance outstanding at end of year	76,874		58,472