Forecourt Refresh Ltd - Filleted accounts

Registered number

07530644

Forecourt Refresh Ltd

Filleted Abridged Accounts

31 March 2025

Forecourt Refresh Ltd
Registered number:		07530644
Abridged Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		298,877			203,496

Current assets
Stocks		161,381			432,292
Debtors		3,306,238			2,454,168
Cash at bank and in hand		1,541,946			748,209
		5,009,565			3,634,669

Creditors: amounts falling due within one year		(2,380,559)			(2,083,320)

Net current assets			2,629,006			1,551,349

Total assets less current liabilities			2,927,883			1,754,845


Provisions for liabilities			(74,719)			(50,874)


Net assets			2,853,164			1,703,971

Capital and reserves
Called up share capital			1			1
Profit and loss account			2,853,163			1,703,970

Shareholder's funds			2,853,164			1,703,971

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.




C Hayward
Director
Approved by the board on 15 December 2025

Forecourt Refresh Ltd
Notes to the Abridged Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The abridged accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	33.3% straight line
	Motor Vehicles	25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		25		19


3	Tangible fixed assets
					Total
£
	Cost
	At 1 April 2024				364,794
	Additions				160,958
	Disposals				(17,097)
	At 31 March 2025				508,655

	Depreciation
	At 1 April 2024				161,298
	Charge for the year				61,682
	On disposals				(13,202)
	At 31 March 2025				209,778

	Net book value
	At 31 March 2025				298,877
	At 31 March 2024				203,496


4	Related party transactions

	As at 31 March 2025, the Company was owed £521,175 (2024 - £521,175), from a Company in which the director has an interest as both a director and a shareholder, the loan is interest free and repayable on demand.

5	Other information

	Forecourt Refresh Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 11 Ventura House
	Norwich Road
	Watton
	Norfolk
	IP25 6JU