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REGISTERED NUMBER: 02023483 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

Farrans Court Limited
(Limited by Guarantee)

Farrans Court Limited
(Limited by Guarantee) (Registered number: 02023483)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Farrans Court Limited
(Limited by Guarantee)

Company Information
for the Year Ended 31 March 2018







DIRECTORS: Mr J Lowndes
Mr I Shaikh
Mr S M Kelly





REGISTERED OFFICE: Broom House
39/43 London Road
Hadleigh
Benfleet
Essex
SS7 2QL





REGISTERED NUMBER: 02023483 (England and Wales)





ACCOUNTANTS: BPSL
Brooms Professional Services Limited
Chartered Certified Accountants
Broom House
39/43 London Road
Hadleigh, Benfleet
Essex
SS7 2QL

Farrans Court Limited
(Limited by Guarantee) (Registered number: 02023483)

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,500 22,500

CURRENT ASSETS
Debtors 5 6,557 3,861
Cash at bank 7,594 4,633
14,151 8,494
CREDITORS
Amounts falling due within one year 6 3,109 1,777
NET CURRENT ASSETS 11,042 6,717
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,542

29,217

RESERVES
Capital reserve 7 22,500 22,500
Income and expenditure account 7 11,042 6,717
33,542 29,217

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 surplus or deficit 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 6 November 2018 and were signed on its behalf
by:





Mr I Shaikh - Director


Farrans Court Limited
(Limited by Guarantee) (Registered number: 02023483)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Farrans Court Limited (Limited by Guarantee) is a private company, limited by guarantee , 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents contributions receivable from lessees.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided

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.

Taxation
Provision is made for income tax on the amount of interest received during the year. Because the company does
not trade with a view to making a profit the directors are confident that HMR&C will not seek to tax any surplus
of contributions received over expenses incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

Farrans Court Limited
(Limited by Guarantee) (Registered number: 02023483)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 April 2017
and 31 March 2018 22,500
NET BOOK VALUE
At 31 March 2018 22,500
At 31 March 2017 22,500

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Prepayments and accrued income 6,557 3,861

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Accruals and deferred income 3,109 1,777

7. RESERVES
Income
and
expenditure Capital
account reserve Totals
£    £    £   

At 1 April 2017 6,717 22,500 29,217
Surplus for the year 4,325 4,325
At 31 March 2018 11,042 22,500 33,542

8. SHARE CAPITAL

The company does not have a share capital. It is limited by guarantee. Every member of the company undertakes
to contribute to the assets of the company. In the event of the company being wound up while he or she is a
member, or within one year of he or she ceasing to be a member, payment of debts and liabilities of the company
contracted before he or she ceased to be a member and of the costs and charges and expenses of winding up the
company and of the adjustments of the rights and contributions among themselves is limited to an amount not
exceeding £10.