REGISTERED NUMBER: 05804080 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

FERAL EQUIPMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J W Barlow

R Z Hall-Heinz

SECRETARY:

R J W Barlow

REGISTERED OFFICE:

100 Church Street

Brighton

East Sussex

BN1 1UJ

REGISTERED NUMBER:

05804080 (England and Wales)

ACCOUNTANTS:

Paddenburg & Co Limited

100 Church Street

Brighton

East Sussex

BN1 1UJ

FIXED ASSETS

Tangible assets

4

210,643

222,975

CURRENT ASSETS

Debtors

5

69,293

61,572

Cash in hand

300

200

69,593

61,772

CREDITORS

Amounts falling due within one year

6

196,204

166,598

NET CURRENT LIABILITIES

(126,611

)

(104,826

)

TOTAL ASSETS LESS CURRENT LIABILITIES

84,032

118,149

CREDITORS

Amounts falling due after more than one year

7

115,364

194,975

NET LIABILITIES

(31,332

)

(76,826

)

CAPITAL AND RESERVES

Called up share capital

11,075

10,975

Revaluation reserve

125,865

148,075

Retained earnings

(168,272

)

(235,876

)

SHAREHOLDERS' FUNDS

(31,332

)

(76,826

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by:

R J W Barlow - Director

1.	STATUTORY INFORMATION

Feral Equipment Limited 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Equipment

-

15% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Equipment

fittings

Totals

£

£

£

COST OR VALUATION

At 1 May 2024

438,093

18,632

456,725

Additions

20,541

4,849

25,390

Disposals

(2,635

)

-

(2,635

)

At 30 April 2025

455,999

23,481

479,480

DEPRECIATION

At 1 May 2024

217,243

16,507

233,750

Charge for year

34,516

1,013

35,529

Eliminated on disposal

(442

)

-

(442

)

At 30 April 2025

251,317

17,520

268,837

NET BOOK VALUE

At 30 April 2025

204,682

5,961

210,643

At 30 April 2024

220,850

2,125

222,975

Cost or valuation at 30 April 2025 is represented by:

Fixtures

and

Equipment

fittings

Totals

£

£

£

Valuation in 2020

159,214

-

159,214

Valuation in 2022

89,915

-

89,915

Cost

206,870

23,481

230,351

455,999

23,481

479,480

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

34,520

25,129

Other debtors

240

360

Prepayments

34,533

36,083

69,293

61,572

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

25,521

27,790

Trade creditors

65,304

51,681

Business credit card

3,430

1,300

Social security and other taxes

17,707

40,158

VAT

57,383

24,790

Other creditors

5,000

15,000

Pension liability

855

1,036

Accrued expenses

21,004

4,843

196,204

166,598

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

2,650

18,223

Bank loans - 2-5 years

-

868

Directors' loan accounts

112,714

175,884

115,364

194,975

8.	RELATED PARTY DISCLOSURES

During the year, the company incurred equipment hire charges totalling £5,536 (2024: £nil) and rendered services amounting to £21,719 (2024: £16,778) with Robert Barlow Limited (UK company number 08463739).

R J W Barlow is a director and majority shareholder of both companies.

All transactions were conducted on normal commercial terms.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R J W Barlow.

10.	GOING CONCERN ASSUMPTION

The financial statements have been prepared on the going concern basis, on the understanding that the directors will continue to financially support the company.