REGISTERED NUMBER: 04751572 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

F.F.T. MANAGEMENT LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I P Rhodes

H J A Rhodes

SECRETARY:

H J A Rhodes

REGISTERED OFFICE:

Russex Rill

Bell Vale Lane

Haslemere

Surrey

GU27 3DJ

REGISTERED NUMBER:

04751572 (England and Wales)

FIXED ASSETS

Tangible assets

4

17,694

1,903

Investments

5

121,120

101,164

138,814

103,067

CURRENT ASSETS

Debtors

44,122

30,959

Cash at bank

72,261

115,535

116,383

146,494

CREDITORS

Amounts falling due within one year

55,301

47,183

NET CURRENT ASSETS

61,082

99,311

TOTAL ASSETS LESS CURRENT LIABILITIES

199,896

202,378

CREDITORS

Amounts falling due after more than one year

-

(9,767

)

PROVISIONS FOR LIABILITIES

(8,227

)

(4,454

)

NET ASSETS

191,669

188,157

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

191,667

188,155

191,669

188,157

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 January 2026 and were signed on its behalf by:

I P Rhodes - Director

1.	STATUTORY INFORMATION

F.F.T. Management 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

The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' 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 cost convention as modified by the revaluation of certain fixed assets.

Turnover

Turnover represents sales of property consultancy services, excluding value added tax, performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

Computer equipment

-

33% on cost

Fixtures and fittings

-

25% reducing balance

Home office

-

2% on cost

Financial instruments

The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost, except for investments which are measured at fair value. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Deferred tax represents the future tax consequences of material transactions and events recognised in the financial statements of current and previous periods.

Current and deferred tax assets and liabilities are not discounted and are 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.

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.

Fixed asset investments

Land held as a fixed asset investment is measured at historical cost. Cost includes the purchase price and any directly attributable costs incurred in bringing the asset to its intended condition for sale. Land is not depreciated but is reviewed annually for indications of impairment. Where necessary, the carrying amount is reduced to its recoverable amount, with impairment losses recognised in profit or loss.

Other investments are measured at fair value at each reporting date, where this can be reliably determined. Changes in fair value are recognised through profit or loss in the period in which they arise. Where the fair value cannot be reliably determined, investments are measured at cost less any provision for impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

12,336

Additions

17,689

Disposals

(507

)

At 31 March 2025

29,518

DEPRECIATION

At 1 April 2024

10,433

Charge for year

1,422

Eliminated on disposal

(31

)

At 31 March 2025

11,824

NET BOOK VALUE

At 31 March 2025

17,694

At 31 March 2024

1,903

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1 April 2024

101,164

Revaluations

19,956

At 31 March 2025

121,120

NET BOOK VALUE

At 31 March 2025

121,120

At 31 March 2024

101,164

Cost or valuation at 31 March 2025 is represented by:

Totals

£

Valuation in 2017

(609

)

Valuation in 2018

(1,344

)

Valuation in 2019

1,572

Valuation in 2020

9,781

Valuation in 2021

(1,810

)

Valuation in 2022

7,727

Valuation in 2023

3,815

Valuation in 2024

5,530

Valuation in 2025

19,956

Cost

76,502

121,120

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31 March 2025, the company had loaned the directors £1,536 (2024 - £19,054). In line with the agreement, the loan is repayable on demand and no interest is due.