Fordhams & Co Limited - Filleted accounts

Registered number

08277304

Fordhams & Co Limited

Unaudited Filleted Accounts

30 April 2025

Fordhams & Co Limited
Registered number:		08277304
Balance Sheet
as at 30 April 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		449,067			495,993
Tangible assets	4		33,717			38,677
			482,784			534,670

Current assets
Debtors	5	465,443			313,540
Cash at bank and in hand		53,444			86,228
		518,887			399,768

Creditors: amounts falling due within one year	6	(227,685)			(200,609)

Net current assets			291,202			199,159

Total assets less current liabilities			773,986			733,829

Creditors: amounts falling due after more than one year	7		-			(41,499)



Net assets			773,986			692,330

Capital and reserves
Called up share capital			3			3
Profit and loss account			773,983			692,327

Shareholders' funds			773,986			692,330

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 members have 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.



A Seechurn
Director
Approved by the board on 10 January 2026

Fordhams & Co Limited
Notes to the Accounts
for the year ended 30 April 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	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:

	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			7		7


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 May 2024					703,893
	At 30 April 2025					703,893

	Amortisation
	At 1 May 2024					207,900
	Provided during the year					46,926
	At 30 April 2025					254,826

	Net book value
	At 30 April 2025					449,067
	At 30 April 2024					495,993

	Goodwill is being written off in equal annual instalments over its estimated economic life of 15 years.


4	Tangible fixed assets
		Leashold property		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 May 2024	38,500		23,548		62,048
	Additions	-		582		582
	At 30 April 2025	38,500		24,130		62,630

	Depreciation
	At 1 May 2024	7,700		15,671		23,371
	Charge for the year	3,850		1,692		5,542
	At 30 April 2025	11,550		17,363		28,913

	Net book value
	At 30 April 2025	26,950		6,767		33,717
	At 30 April 2024	30,800		7,877		38,677


5	Debtors			2025		2024
£					£

	Trade debtors			284,310		181,000
	Other debtors			181,133		132,540
				465,443		313,540


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

	Bank loans and overdrafts			39,352		42,000
	Trade creditors			21,004		20,598
	Taxation and social security costs			103,148		119,146
	Other creditors			64,181		18,865
				227,685		200,609


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			-		41,499


8	Other information

	Fordhams & Co Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Studio 6
	6 Hornsey Street
	London
	N7 8GR