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REGISTERED NUMBER: 10703321 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2023

FOR

FABER FUTURES LIMITED

FABER FUTURES LIMITED (REGISTERED NUMBER: 10703321)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FABER FUTURES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2023







DIRECTOR: Miss N A Chieza





SECRETARY: Mr P R Jones





REGISTERED OFFICE: 71-75 Shelton Street
Covent Garden
London
WC2H 9JQ





REGISTERED NUMBER: 10703321 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

FABER FUTURES LIMITED (REGISTERED NUMBER: 10703321)

BALANCE SHEET
30TH APRIL 2023

30.4.23 30.4.22
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 7,685 7,418
Investments 5 - 2,623
7,685 10,041

CURRENT ASSETS
Debtors 6 43,401 170,917
Cash at bank 269,980 90,433
313,381 261,350
CREDITORS
Amounts falling due within one year 7 43,594 36,786
NET CURRENT ASSETS 269,787 224,564
TOTAL ASSETS LESS CURRENT
LIABILITIES

277,472

234,605

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 277,471 234,604
277,472 234,605

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 profit or loss 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 15th February 2024 and were signed by:





Miss N A Chieza - Director


FABER FUTURES LIMITED (REGISTERED NUMBER: 10703321)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2023

1. STATUTORY INFORMATION

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Computer equipment - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£ £ £
COST
At 1st May 2022 10,151 7,327 17,478
Additions - 4,512 4,512
Disposals (116 ) (1,357 ) (1,473 )
At 30th April 2023 10,035 10,482 20,517
DEPRECIATION
At 1st May 2022 5,846 4,214 10,060
Charge for year 2,155 1,842 3,997
Eliminated on disposal (72 ) (1,153 ) (1,225 )
At 30th April 2023 7,929 4,903 12,832
NET BOOK VALUE
At 30th April 2023 2,106 5,579 7,685
At 30th April 2022 4,305 3,113 7,418

FABER FUTURES LIMITED (REGISTERED NUMBER: 10703321)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2023

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1st May 2022 2,623
Impairments (2,623 )
At 30th April 2023 -
NET BOOK VALUE
At 30th April 2023 -
At 30th April 2022 2,623

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
as restated
£ £
Trade debtors - 56,944
Other debtors 43,401 113,973
43,401 170,917

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
as restated
£ £
Trade creditors 3,156 14,224
Taxation and social security 13,302 6,582
Other creditors 27,136 15,980
43,594 36,786