Company Registration No. 15054178 (England and Wales)
F2W LTD
Unaudited accounts
for the year ended 31 August 2025
F2W LTD
Unaudited accounts
Contents
F2W LTD
Company Information
for the year ended 31 August 2025
Company Number
15054178 (England and Wales)
Registered Office
UNIT 6A BELMONT INDUSTRIAL ESTATE
DURHAM
DH1 1TN
ENGLAND
F2W LTD
Statement of financial position
as at 31 August 2025
Intangible assets
6,599
8,540
Inventories
197,686
166,675
Cash at bank and in hand
27,543
68,825
Creditors: amounts falling due within one year
(226,348)
(221,895)
Net current assets
20,631
24,127
Called up share capital
1
1
Revaluation reserve
39,000
39,000
Profit and loss account
(8,179)
(5,734)
Shareholders' funds
30,822
33,267
For the year ending 31 August 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 6 October 2026 and were signed on its behalf by
Adam Wilson
Director
Company Registration No. 15054178
F2W LTD
Notes to the Accounts
for the year ended 31 August 2025
F2W LTD is a private company, limited by shares, registered in England and Wales, registration number 15054178. The registered office is UNIT 6A BELMONT INDUSTRIAL ESTATE, DURHAM, DH1 1TN, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
5 years Straight Line
Computer equipment
3 Years Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
F2W LTD
Notes to the Accounts
for the year ended 31 August 2025
4
Intangible fixed assets
Other
At 1 September 2024
10,206
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2024
-
900
900
At 31 August 2025
3,950
900
4,850
At 1 September 2024
-
300
300
Charge for the year
658
300
958
At 31 August 2025
658
600
1,258
At 31 August 2025
3,292
300
3,592
At 31 August 2024
-
600
600
Amounts falling due within one year
Accrued income and prepayments
6,783
9,137
F2W LTD
Notes to the Accounts
for the year ended 31 August 2025
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
99,165
107,165
Taxes and social security
11,629
9,980
Loans from directors
62,098
67,936
8
Average number of employees
During the year the average number of employees was 15 (2024: 13).