Mick Foden Commercials Ltd

Mick Foden Commercials Ltd
Contents Page
For the year ended 30 November 2025

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Mick Foden Commercials Ltd Accountants' Report For the year ended 30 November 2025
Report to the directors on the preparation of the unaudited statutory accounts of Mick Foden Commercials Ltd for the year ended 30 November 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mick Foden Commercials Ltd for the year ended 30 November 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/. This report is made solely to the Board of Directors of Mick Foden Commercials Ltd, as a body, in accordance with the terms of our engagement letter dated 01 January 2026. Our work has been undertaken solely to prepare for your approval the accounts of Mick Foden Commercials Ltd and state those matters that we have agreed to state to the Board of Directors of Mick Foden Commercials Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mick Foden Commercials Ltd and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Mick Foden Commercials Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Mick Foden Commercials Ltd. You consider that Mick Foden Commercials Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Mick Foden Commercials Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts 30 November 2025. .................................................... Moorhurst Partners LLP Suite S2 Blackwell House Guildhall Yard London EC2V 5AE 18 June 2026 1

Mick Foden Commercials Ltd
Accountants' Report
For the year ended 30 November 2025

Report to the directors on the preparation of the unaudited statutory accounts of Mick Foden Commercials Ltd for the year ended 30 November 2025.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mick Foden Commercials Ltd for the year ended 30 November 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of Mick Foden Commercials Ltd, as a body, in accordance with the terms of our engagement letter dated 01 January 2026. Our work has been undertaken solely to prepare for your approval the accounts of Mick Foden Commercials Ltd and state those matters that we have agreed to state to the Board of Directors of Mick Foden Commercials Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mick Foden Commercials Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Mick Foden Commercials Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Mick Foden Commercials Ltd. You consider that Mick Foden Commercials Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Mick Foden Commercials Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
30 November 2025.

....................................................
Moorhurst Partners LLP
Suite S2 Blackwell House
Guildhall Yard
London
EC2V 5AE
18 June 2026

1

Mick Foden Commercials Ltd
Statement of Financial Position
As at 30 November 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	30,478	27,805
		30,478	27,805
Current assets
Stocks		10,781	14,263
Debtors		68,089	34,587
Cash at bank and in hand		22,845	11,288
		101,715	60,138
Creditors: amount falling due within one year		(111,025)	(68,623)
Net current assets		(9,310)	(8,485)

Total assets less current liabilities		21,168	19,320
Provisions for liabilities		(1,143)	(949)
Net assets		20,025	18,371

Capital and reserves
Called up share capital		2	2
Profit and loss account		20,023	18,369
Shareholders' funds		20,025	18,371

For the year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 18 June 2026 and were signed on its behalf by:

-------------------------------
Philip Foden
Director

2

Mick Foden Commercials Ltd
Notes to the Abridged Financial Statements
For the year ended 30 November 2025

General Information

Mick Foden Commercials Ltd is a private company, limited by shares, registered in , registration number 13728178, registration address Unit 152, Culham No.1 Site, Station Road, Abingdon, OX14 3DA.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20% Reducing Balance
Motor Vehicles	25% Straight Line
Computer Equipment	20% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 7 (2024 : 5).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 December 2024	8,138	33,027	1,377	3,012	45,554
Additions	6,337	-	544	2,401	9,282
Disposals	-	-	-	-	-
At 30 November 2025	14,475	33,027	1,921	5,413	54,836
Depreciation
At 01 December 2024	2,820	13,664	266	1,169	17,919
Charge for year	1,829	3,966	95	549	6,439
On disposals	-	-	-	-	-
At 30 November 2025	4,649	17,630	361	1,718	24,358
Net book values
Closing balance as at 30 November 2025	9,826	15,397	1,560	3,695	30,478
Opening balance as at 01 December 2024	5,318	19,363	1,281	1,843	27,805

3

Registered Number: 13728178

MICK FODEN COMMERCIALS LTD

Abridged Accounts

Period of accounts Start date: 01 December 2024 End date: 30 November 2025