Fowey River Trading Co Ltd


Directors	Sarah Hermes
	Nicola Hoar


Registered Address	St Denys House
	22 East Hill
	St Austell
	PL25 4TR


Registered Number	14325236 (England and Wales)

Balance Sheet as at
31 August 2025

	Notes	31 Aug 2025		31 Dec 2024
		£	£	£	£
Fixed assets
Tangible assets	3		-		480
			-		480
Current assets
Stocks	4	-		24,440
Debtors	5	1,542		861
Cash at bank and on hand		28,289		16,620
		29,831		41,921
Creditors amounts falling due within one year	6	(9,342)		(20,785)
Net current assets (liabilities)			20,489		21,136
Total assets less current liabilities			20,489		21,616
Net assets			20,489		21,616
Capital and reserves
Called up share capital			100		100
Profit and loss account			20,389		21,516
Shareholders' funds			20,489		21,616

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 17 December 2025, and are signed on its behalf by:

Nicola Hoar
Director

Sarah Hermes
Director

Registered Company No. 14325236

Fowey River Trading Co Ltd

Notes to the Financial Statements
for the period ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Tangible fixed assets and depreciation


		Reducing balance (%)
	Plant and machinery	25

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 January 25	854	854
Disposals	(854)	(854)
Depreciation and impairment
At 01 January 25	374	374
On disposals	(374)	(374)
Net book value
At 31 August 25	-	-
At 31 December 24	480	480

4.	Stocks

	2025	2024
	£	£
Other stocks	-	24,440
Total	-	24,440

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	1,391	183
Other debtors	151	94
Prepayments and accrued income	-	584
Total	1,542	861

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	832	3,413
Taxation and social security	6,365	5,328
Other creditors	720	10,769
Accrued liabilities and deferred income	1,425	1,275
Total	9,342	20,785

7.	Directors advances, credits and guarantees
	As at 31 August 2025, there was a balance owed by the company to N Hoar and S Hermes of £375 and £346, respectively (31 December 2024: £5,397 and £5,373).