REGISTERED NUMBER: 03203629 (England and Wales)

Financial Statements for the Year Ended 31 May 2025

for

FORDRILL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

RG Ford

REGISTERED OFFICE:

14 Ridgeway

Hillside Avenue

Woodford Green

Essex

IG8 7RH

REGISTERED NUMBER:

03203629 (England and Wales)

ACCOUNTANTS:

Account Tax Ltd

Chartered Certified Accountants

12 Traill Drive

Montrose

Angus

DD10 8SW

CURRENT ASSETS

Investments

5

100,000

100,000

Cash at bank

133,835

137,135

233,835

237,135

CREDITORS

Amounts falling due within one year

6

233,474

190,532

NET CURRENT ASSETS

361

46,603

TOTAL ASSETS LESS CURRENT LIABILITIES

361

46,603

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

261

46,503

SHAREHOLDERS' FUNDS

361

46,603

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

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

The director acknowledges his 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 December 2025 and were signed by:

RG Ford - Director

1.	STATUTORY INFORMATION

Fordrill Ltd 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.

Tangible fixed assets

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

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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 material 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 June 2024

1,438

Disposals

(1,438

)

At 31 May 2025

-

DEPRECIATION

At 1 June 2024

1,438

Eliminated on disposal

(1,438

)

At 31 May 2025

-

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

-

5.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Other

100,000

100,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

-

264

Other creditors

233,474

190,268

233,474

190,532

7.	RELATED PARTY DISCLOSURES

The company was under the control of RG Ford throughout the current and previous year.

During the year the director further advanced the company net amounts totalling £43,206. As at 31 May 2025 included within other creditors is a balance outstanding due to the director of £233,024 (2024 - £189,818). No interest has been paid on this loan.