Company Registration No. 11877418 (England and Wales)
Fermenti Ltd
Unaudited accounts
for the year ended 31 March 2025
Fermenti Ltd
Company Information
for the year ended 31 March 2025
Director
Marie-Laure Prevost
Company Number
11877418 (England and Wales)
Registered Office
The Business Terrace
Maidstone House
King Street
Maidstone
Kent
ME15 6AW
England
Fermenti Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
11,961
7,431
Cash at bank and in hand
4,437
15,344
Creditors: amounts falling due within one year
(250,346)
(180,552)
Net current liabilities
(239,293)
(153,763)
Net liabilities
(227,332)
(146,332)
Called up share capital
10
10
Profit and loss account
(227,342)
(146,342)
Shareholders' funds
(227,332)
(146,332)
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 December 2025 and were signed on its behalf by
Marie-Laure Prevost
Director
Company Registration No. 11877418
Fermenti Ltd
Notes to the Accounts
for the year ended 31 March 2025
Fermenti Ltd is a private company, limited by shares, registered in England and Wales, registration number 11877418. The registered office is The Business Terrace, Maidstone House, King Street, Maidstone, Kent, ME15 6AW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The director continues to provide financial support to the company and the financial statements have therefore been prepared on a going concern basis.
Revenue, described as turnover, is the value of goods provided to customers during the year, net of VAT and discounts. Revenue is recognised on the sale of goods when the goods are delivered and title has passed.
Government grants are recognised under the accrual model meaning that grants relating to revenue shall be recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.
Transactions denominated in foreign currencies (primarily purchases from overseas suppliers) are initially recorded at the rate of exchange as at the date of the transaction. Year end assets and liabilities are retranslated at the rate of exchange as at the year end with exchange differences included in arriving at profit before tax.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant & machinery
25% per annum straight line
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Financial instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Fermenti Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Accrued income and prepayments
1,965
5,565
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
66
-
Loans from directors
241,624
178,030
7
Transactions with related parties
At the balance sheet date, the company owed the director £241,624 in respect of loans and advances (2024: £178,030).
This amount, included in short-term creditors, is unsecured, not chargeable to interest and repayable on demand. During the year, no amounts relating to these loans were repaid, written off or waived.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).