2022-04-01 08962495 2023-03-31 08962495 2022-04-01 2023-03-31 08962495 2022-03-31 08962495 2021-04-01 2022-03-31 08962495 uk-core:WithinOneYear 2022-03-31 08962495 uk-core:WithinOneYear 2023-03-31 08962495 uk-core:AfterOneYear 2022-03-31 08962495 uk-core:AfterOneYear 2023-03-31 08962495 uk-core:ShareCapital 2023-03-31 08962495 uk-core:ShareCapital 2022-03-31 08962495 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 08962495 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 08962495 uk-bus:Director1 2022-04-01 2023-03-31 08962495 uk-core:PlantMachinery 2022-04-01 2023-03-31 08962495 uk-core:MotorVehicles 2022-04-01 2023-03-31 08962495 uk-core:MotorVehicles 2022-03-31 08962495 uk-core:PlantMachinery 2022-03-31 08962495 uk-core:PlantMachinery 2023-03-31 08962495 uk-core:MotorVehicles 2023-03-31 08962495 uk-core:WithinOneYear 2023-03-31 08962495 uk-core:WithinOneYear 2022-03-31 iso4217:GBP xbrli:pure 08962495 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 08962495 uk-bus:FRS102 2022-04-01 2023-03-31 08962495 uk-bus:FullAccounts 2022-04-01 2023-03-31 08962495 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Robert Farrow Ltd
Registered Number:08962495
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
Robert Farrow Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
08962495
As at 31 March 2023
Robert Farrow Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
14,355
19,007
2
14,355
19,007
Current assets
Inventories
70,933
55,933
3
Trade and other receivables
1,678
42,600
4
-
Cash and cash equivalents
6,779
105,312
72,611
Trade and other payables: amounts falling due
within one year
(33,364)
(57,010)
5
39,247
48,302
Net current assets
Total assets less current liabilities
62,657
58,254
Trade and other payables: amounts falling due after
more than one year
(55,715)
(57,868)
6
4,789
Net assets
2,539
Capital and reserves
Called up share capital
1
1
Retained earnings
4,788
2,538
4,789
2,539
Shareholders' funds
For the year ended 31 March 2023 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 profit or loss for each financial year in accordance with
the requirements of Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been deliver
ed.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
08962495
For the year ended 31 March 2023
Robert Farrow Ltd
Statement of Financial Position Continued
Mr Robert Farrow Director
These financial statements were approved and authorised for issue by the Board on 17 October 2023 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 March 2023
Robert Farrow Ltd
Notes to the Financial Statements
Statutory Information
Robert Farrow Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 08962495.
Registered address:
The Stone Yard, Finedon Sidings Industrial Estate
Furnace Lane
Finedon Sidings
Wellingborough
NN9 5NY
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, 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
25% Reducing balance
Motor Vehicles
2. Property, plant and equipment
Total
Motor
Vehicles
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 April 2022
30,856
25,950
4,906
At 31 March 2023
4,906
25,950
30,856
Provision for depreciation and impairmen
t
At 01 April 2022
11,849
8,934
2,915
Charge for year
4,652
4,254
398
At 31 March 2023
16,501
13,188
3,313
At 31 March 2023
Net book value
1,593
12,762
14,355
At 31 March 2022
1,991
17,016
19,007
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6
For the year ended 31 March 2023
Robert Farrow Ltd
Notes to the Financial Statements Continued
3. Inventories
2022
2023
£
£
Stocks
55,933
70,933
4. Trade and other receivables
2022
2023
£
£
Trade debtors
42,100
1,178
Other debtors
500
500
1,678
42,600
The debtors above include the following amounts falling due after more than one year:
Other debtors
500
500
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
75
5,028
Trade creditors
27,518
13,813
Taxation and social security
28,217
13,323
Other creditors
1,200
1,200
57,010
33,364
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
57,868
55,715
7. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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