Company Registration No. 03507874 (England and Wales)
FELMERE LIMITED
Unaudited accounts
for the year ended 5 April 2025
FELMERE LIMITED
Unaudited accounts
Contents
FELMERE LIMITED
Company Information
for the year ended 5 April 2025
Company Number
03507874 (England and Wales)
Registered Office
10 MOUNT BOONE WAY
DARTMOUTH
DEVON
TQ6 9PL
ENGLAND
Accountants
Coles Accounting (Cambridge) Limited
Newton Hall
Town Street, Newton
Cambridge
Cambridgeshire
CB22 7ZE
FELMERE LIMITED
Statement of financial position
as at 5 April 2025
Investment property
-
280,000
Cash at bank and in hand
128,104
1,343
Creditors: amounts falling due within one year
(17,563)
(4,097)
Net current assets/(liabilities)
110,541
(2,754)
Total assets less current liabilities
112,281
277,895
Creditors: amounts falling due after more than one year
-
(85,000)
Provisions for liabilities
Net assets
112,281
159,305
Called up share capital
200
200
Profit and loss account
112,081
159,105
Shareholders' funds
112,281
159,305
For the year ending 5 April 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 her 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 18 June 2025 and were signed on its behalf by
Jennifer Mills
Director
Company Registration No. 03507874
FELMERE LIMITED
Notes to the Accounts
for the year ended 5 April 2025
FELMERE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03507874. The registered office is 10 MOUNT BOONE WAY, DARTMOUTH, DEVON, TQ6 9PL, 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
25% reducing balance
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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.
FELMERE LIMITED
Notes to the Accounts
for the year ended 5 April 2025
4
Tangible fixed assets
Plant & machinery
Fair value at 6 April 2024
280,000
The investment property was sold during the year for £220,000. The property had previously been valued at £280,000.
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
4,097
4,097
Taxes and social security
11,380
-
Loans from directors
2,086
-
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).