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Fordways Products Ltd
Registered Number:01786841
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2025
Fordways Products Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
01786841
As at 31 March 2025
Fordways Products Ltd
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
33
41
2
33
41
Current assets
Trade and other receivables
1,200
-
3
86,858
Cash and cash equivalents
104,795
104,795
88,058
Trade and other payables: amounts falling due within one
year
(35,925)
(30,773)
4
52,133
74,022
Net current assets
Total assets less current liabilities
74,055
52,174
74,055
Net assets
52,174
Capital and reserves
Called up share capital
100
100
Retained earnings
73,955
52,074
74,055
52,174
Shareholders' funds
For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
D W Ford Director
These financial statements were approved and authorised for issue by the Board on 30 December 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2025
Fordways Products Ltd
Notes to the Financial Statements
Statutory Information
Fordways Products Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 01786841.
Registered address:
Brookside
The Street
Kilmington
Devon
EX13 7RJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 April 2024
11,451
750
9,948
753
At 31 March 2025
753
9,948
750
11,451
Provision for depreciation and impairment
At 01 April 2024
11,410
750
9,907
753
Charge for year
8
-
8
-
At 31 March 2025
11,418
750
9,915
753
At 31 March 2025
Net book value
-
33
-
33
At 31 March 2024
-
41
-
41
3. Trade and other receivables
2024
2025
£
£
Trade debtors
-
1,200
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5
For the year ended 31 March 2025
Fordways Products Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Trade creditors
1,207
4,050
Taxation and social security
9,984
548
Other creditors
19,582
31,327
30,773
35,925
5. Average number of persons employed
During the year the average number of employees was 2 (2024 : 2)
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