1 January 2021 false No description of principal activity Taxfiler 2022.8.3 10437243business:PrivateLimitedCompanyLtd2021-01-012021-12-31 104372432020-12-31 104372432021-01-012021-12-31 10437243business:AuditExempt-NoAccountantsReport2021-01-012021-12-31 10437243business:FullAccounts2021-01-012021-12-31 104372432021-12-31 10437243business:Director12021-01-012021-12-31 10437243business:RegisteredOffice2021-01-012021-12-31 104372432020-12-31 10437243core:WithinOneYear2021-12-31 10437243core:WithinOneYear2020-12-31 10437243core:ShareCapital2021-12-31 10437243core:ShareCapital2020-12-31 10437243core:RetainedEarningsAccumulatedLosses2021-12-31 10437243core:RetainedEarningsAccumulatedLosses2020-12-31 10437243business:SmallEntities2021-01-012021-12-31 10437243countries:EnglandWales2021-01-012021-12-31 10437243core:IntangibleAssetsOtherThanGoodwill2020-12-31 10437243core:IntangibleAssetsOtherThanGoodwill2021-12-31 104372432020-01-012020-12-31 iso4217:GBP xbrli:pure
Company Registration No. 10437243 (England and Wales)
FARNOL LTD Unaudited accounts for the year ended 31 December 2021
FARNOL LTD Unaudited accounts Contents
Page
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FARNOL LTD Company Information for the year ended 31 December 2021
Director
Mitchel Galvin Farnol
Company Number
10437243 (England and Wales)
Registered Office
238-240 BETHNAL GREEN ROAD LONDON E2 0AA ENGLAND
Accountants
SASHA ASSOCIATES 6 PENNINE PARADE, PENNINE DRIVE,CRICKLEWOOD LONDON NW2 1NT
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FARNOL LTD Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Intangible assets
101,933 
101,933 
Current assets
Debtors
1,326 
2,950 
Cash at bank and in hand
6,788 
6,495 
8,114 
9,445 
Creditors: amounts falling due within one year
(1,239)
(1,800)
Net current assets
6,875 
7,645 
Net assets
108,808 
109,578 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
108,807 
109,577 
Shareholders' funds
108,808 
109,578 
For the year ending 31 December 2021 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 15 July 2022 and were signed on its behalf by
Mitchel Galvin Farnol Director Company Registration No. 10437243
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FARNOL LTD Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
FARNOL LTD is a private company, limited by shares, registered in England and Wales, registration number 10437243. The registered office is 238-240 BETHNAL GREEN ROAD, LONDON, E2 0AA, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2021
101,933 
At 31 December 2021
101,933 
Amortisation
At 1 January 2021
- 
At 31 December 2021
- 
Net book value
At 31 December 2021
101,933 
At 31 December 2020
101,933 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
1,326 
1,298 
Trade debtors
- 
40 
Other debtors
- 
1,612 
1,326 
2,950 
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FARNOL LTD Notes to the Accounts for the year ended 31 December 2021
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
- 
600 
Other creditors
39 
- 
Accruals
1,200 
1,200 
1,239 
1,800 
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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