REGISTERED NUMBER: 05292720 (England and Wales)

Financial Statements

for the Year Ended 31 August 2025

for

Federal Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M A Curtis-Smith

REGISTERED OFFICE:

1c Maple Court

Maple View

Skelmersdale

WN8 9TW

REGISTERED NUMBER:

05292720 (England and Wales)

ACCOUNTANTS:

Archwood Accountants

Archwood House

46-48 Long Street

Middleton

Manchester

M24 6UQ

FIXED ASSETS

Property, plant and equipment

4

10,633

12,509

CURRENT ASSETS

Debtors

5

42,879

55,109

Cash at bank and in hand

139,621

99,412

182,500

154,521

CREDITORS

Amounts falling due within one year

6

158,421

138,112

NET CURRENT ASSETS

24,079

16,409

TOTAL ASSETS LESS CURRENT LIABILITIES

34,712

28,918

CREDITORS

Amounts falling due after more than one year

7

(2,500

)

(31,250

)

PROVISIONS FOR LIABILITIES

(86

)

-

NET ASSETS/(LIABILITIES)

32,126

(2,332

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

31,126

(3,332

)

SHAREHOLDERS' FUNDS

32,126

(2,332

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 28 April 2026 and were signed by:

M A Curtis-Smith - Director

1.	STATUTORY INFORMATION

Federal 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

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.

The accounts have been prepared on the basis that the business is a going concern. The business is supported by the creditors and their continued support has been assumed for the next year. On this basis the business is considered to be a going concern and the accounts have been prepared accordingly.

Turnover

Revenue 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.

Fixtures and fittings

-

15% 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.

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 15 (2024 - 11 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

fittings

£

COST

At 1 September 2024

and 31 August 2025

34,743

DEPRECIATION

At 1 September 2024

22,234

Charge for year

1,876

At 31 August 2025

24,110

NET BOOK VALUE

At 31 August 2025

10,633

At 31 August 2024

12,509

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

39,429

31,659

Other debtors

3,450

23,450

42,879

55,109

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

10,000

18,333

Trade creditors

-

5,108

Tax

10,838

-

Social security and other taxes

37,468

21,938

Client monies held

100,115

92,733

158,421

138,112

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans - 1-2 years

2,500

18,333

Bank loans - 2-5 years

-

12,917

2,500

31,250

8.	RELATED PARTY DISCLOSURES

The company rents premises on normal commercial terms from an associated company Curtis-Smith & Associates Limited. The charge in the accounts is £33,000 (2024: £27,875)