Fersk Procurement Services Limited

Registered number

07971488

Filleted Accounts

31 March 2025

Fersk Procurement Services Limited
Registered number:		07971488
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,018			1,238

Current assets
Debtors	4	153,993			28,078
Cash at bank and in hand		65,551			139,981
		219,544			168,059

Creditors: amounts falling due within one year	5	(75,586)			(69,152)

Net current assets			143,958			98,907

Total assets less current liabilities			144,976			100,145


Provisions for liabilities			(232)			(235)


Net assets			144,744			99,910

Capital and reserves
Called up share capital			102			102
Profit and loss account			144,642			99,808

Shareholder's funds			144,744			99,910

The directors are 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 directors acknowledge their 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.




Mr D Street
Director
Approved by the board on 27 December 2025

Fersk Procurement Services Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The 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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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:

	Computer equipment			over 3 years
	Bicycles			over 5 years
	Office furniture			over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					0		0


3	Tangible fixed assets
		Computer equipment		Bicycles		Office furniture		Total
£			£		£		£
	Cost
	At 1 April 2024	7,489		550		1,422		9,461
	Additions	729		-		-		729
	Disposals	(943)		-		(133)		(1,076)
	At 31 March 2025	7,275		550		1,289		9,114

	Depreciation
	At 1 April 2024	6,429		550		1,242		8,221
	Charge for the year	542		-		91		633
	On disposals	(686)		-		(72)		(758)
	At 31 March 2025	6,285		550		1,261		8,096

	Net book value
	At 31 March 2025	990		-		28		1,018
	At 31 March 2024	1,060		-		180		1,240


4	Debtors					2025		2024
£							£

	Trade debtors					32,004		19,872
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					113,612		-
	Prepayments					4,377		3,986
	Other debtors					4,000		4,220
						153,993		28,078


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					4,925		1,492
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					-		8,290
	Taxation and social security costs					66,003		55,148
	Accruals					4,658		4,222
						75,586		69,152


6	Related party transactions

	During the year the company paid rent to the directors under a licence agreement in respect of office space amounting to £6,682 (2024: £7,657). The amount was credited to their directors loan account.


7	Controlling party

	The directors consider that Mr and Mrs Street are the ultimate controlling parties.


8	Other information

	Fersk Procurement Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Ratcliffe Cottage
	2 Toothill Road
	Loughborough
	Leicestershire
	LE11 1PW