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Company Registration No. 07235825 (England and Wales)
The Ferryboat Inn Limited Unaudited accounts for the year ended 31 October 2025
The Ferryboat Inn Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
The Ferryboat Inn Limited Company Information for the year ended 31 October 2025
Director
S C Dafforn-Jones
Secretary
Miss H Easton
Company Number
07235825 (England and Wales)
Registered Office
Orchard House Clyst St. Mary Exeter Devon EX5 1BR
Accountants
The Fresh Accountancy Company Limited Orchard House Clyst St Mary Exeter Devon EX5 1BR
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of The Ferryboat Inn Limited for the year ended 31 October 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Ferryboat Inn Limited for the year ended 31 October 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
The Fresh Accountancy Company Limited Chartered Accountants Orchard House Clyst St Mary Exeter Devon EX5 1BR 23 March 2026
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The Ferryboat Inn Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
17,179
21,716
Current assets
Inventories
16,873
15,374
Debtors
6
8,690
6,118
Cash at bank and in hand
122,747
143,734
148,310
165,226
Creditors: amounts falling due within one year
7
(81,445)
(74,791)
Net current assets
66,865
90,435
Total assets less current liabilities
84,044
112,151
Creditors: amounts falling due after more than one year
8
-
(9,397)
Provisions for liabilities
Deferred tax
9
(3,264)
(4,126)
Net assets
80,780
98,628
Capital and reserves
Called up share capital
200
200
Profit and loss account
80,580
98,428
Shareholders' funds
80,780
98,628
For the year ending 31 October 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 his 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 25 March 2026 and were signed on its behalf by
S C Dafforn-Jones Director Company Registration No. 07235825
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The Ferryboat Inn Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
The Ferryboat Inn Limited is a private company, limited by shares, registered in England and Wales, registration number 07235825. The registered office is Orchard House, Clyst St. Mary, Exeter, Devon, EX5 1BR.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20%
Plant & machinery
20%
Computer equipment
20%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
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.
- 6 -
The Ferryboat Inn Limited Notes to the Accounts for the year ended 31 October 2025
4
Intangible fixed assets
Goodwill
£
Cost
At 1 November 2024
25,000
At 31 October 2025
25,000
Amortisation
At 1 November 2024
25,000
At 31 October 2025
25,000
Net book value
At 31 October 2025
-
5
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 November 2024
127,591
61,884
1,062
190,537
Disposals
-
(1,301)
-
(1,301)
At 31 October 2025
127,591
60,583
1,062
189,236
Depreciation
At 1 November 2024
118,713
49,684
424
168,821
Charge for the year
1,776
2,394
128
4,298
On disposals
-
(1,062)
-
(1,062)
At 31 October 2025
120,489
51,016
552
172,057
Net book value
At 31 October 2025
7,102
9,567
510
17,179
At 31 October 2024
8,878
12,200
638
21,716
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
8,690
6,118
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
10,034
17,144
VAT
33,553
28,859
Trade creditors
19,321
19,698
Taxes and social security
11,411
5,602
Other creditors
1,498
1,515
Loans from directors
4,582
41
Accruals
1,046
1,932
81,445
74,791
- 7 -
The Ferryboat Inn Limited Notes to the Accounts for the year ended 31 October 2025
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
9,397
9
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
3,264
4,126
2025
2024
£
£
Provision at start of year
4,126
5,514
Credited to the profit and loss account
(862)
(1,388)
Provision at end of year
3,264
4,126
10
Operating lease commitments
2025
2024
£
£
At 31 October 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
12,943
12,943
Later than one year and not later than five years
45,300
51,771
Later than five years
-
6,471
58,243
71,185
11
Average number of employees
During the year the average number of employees was 14 (2024: 13).
- 8 -