FARNELL LIMITED

Company Registration Number:
07660927 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

FARNELL LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

FARNELL LIMITED

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 50,000 50,000
Tangible assets: 4 114,620 114,620
Total fixed assets: 164,620 164,620
Current assets
Stocks: 660,551 312,875
Debtors:   73,000 17,554
Cash at bank and in hand: 152,422 73,995
Investments:   94,000 94,000
Total current assets: 979,973 498,424
Net current assets (liabilities): 979,973 498,424
Total assets less current liabilities: 1,144,593 663,044
Provision for liabilities: (25,000) (25,000)
Total net assets (liabilities): 1,119,593 638,044
Capital and reserves
Called up share capital: 1,000 1,000
Other reserves: 67,887 67,887
Profit and loss account: 1,050,706 569,157
Shareholders funds: 1,119,593 638,044

The notes form part of these financial statements

FARNELL LIMITED

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 April 2024
and signed on behalf of the board by:

Name: Robert Farrell
Status: Director

The notes form part of these financial statements

FARNELL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

FARNELL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 18 12

FARNELL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Intangible Assets

Total
Cost £
At 01 July 2022 50,000
At 30 June 2023 50,000
Net book value
At 30 June 2023 50,000
At 30 June 2022 50,000

FARNELL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible Assets

Total
Cost £
At 01 July 2022 114,620
At 30 June 2023 114,620
Net book value
At 30 June 2023 114,620
At 30 June 2022 114,620