FAITH AND SONS LIMITED

Company Registration Number:
08723754 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

FAITH AND SONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

FAITH AND SONS LIMITED

Company Information

for the Period Ended 31 October 2023




Director: Maria Silva
Registered office: 120
Eccles Road
Swinton
Manchester
England
M27 5GB
Company Registration Number: 08723754 (England and Wales)

FAITH AND SONS LIMITED

Directors' Report Period Ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal Activities

Distillery

Political and charitable donations

N/A

Company policy on the employment of disabled persons

N/A

Directors

The directors shown below have held office during the whole of the period from 01 November 2022 to 31 October 2023
Maria Silva

This report was approved by the board of directors on 31 July 2024
And Signed On Behalf Of The Board By:

Name: Maria Silva
Status: Director

FAITH AND SONS LIMITED

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 16,507 21,313
Total fixed assets: 16,507 21,313
Current assets
Debtors: 5 22,689 28,993
Total current assets: 22,689 28,993
Creditors: amounts falling due within one year: 6 ( 29,702 ) ( 10,537 )
Net current assets (liabilities): ( 7,013 ) 18,456
Total assets less current liabilities: 9,494 39,769
Creditors: amounts falling due after more than one year: 7 ( 55,048 ) ( 44,078 )
Total net assets (liabilities): ( 45,554 ) ( 4,309 )

The notes form part of these financial statements

FAITH AND SONS LIMITED

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Revaluation reserve: 8 ( 4,309 ) ( 22,657 )
Profit and loss account: ( 41,246 ) 18,347
Shareholders funds: ( 45,554 ) ( 4,309 )

For the year ending 31 October 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.

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

This report was approved by the board of directors on 31 July 2024
And Signed On Behalf Of The Board By:

Name: Maria Silva
Status: Director

The notes form part of these financial statements

FAITH AND SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    Xero

FAITH AND SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

FAITH AND SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

FAITH AND SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 November 2022 21,313 21,313
Additions 616 616
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2023 21,929 21,929
Depreciation
At 01 November 2022 - -
Charge for year 5,422 5,422
On disposals - -
Other adjustments - -
At 31 October 2023 5,422 5,422
Net book value
At 31 October 2023 16,507 16,507
At 31 October 2022 21,313 21,313

FAITH AND SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Debtors


2023
£

2022
£
Trade debtors 15,259 24,192
Prepayments and accrued income 2,629
Other debtors 4,801 4,801
Total 22,689 28,993

FAITH AND SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 11,394
Trade creditors 311
Taxation and social security 13,950 6,144
Accruals and deferred income 342
Other creditors 4,016 4,082
Total 29,702 10,537

FAITH AND SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 55,048 44,078
Total 55,048 44,078

FAITH AND SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

8. Revaluation reserve


2023
£
Balance at 01 November 2022 ( 22,657 )
Surplus or deficit after revaluation 18,348
Balance at 31 October 2023 ( 4,309 )