Acorah Software Products - Accounts Production 15.0.600 false true false 29 November 2022 30 November 2023 30 November 2023 14512460 Mr Andrew Graham Mr Marc Turnier iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14512460 2022-11-28 14512460 2023-11-30 14512460 2022-11-29 2023-11-30 14512460 frs-core:CurrentFinancialInstruments 2023-11-30 14512460 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 14512460 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-29 2023-11-30 14512460 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-28 14512460 frs-core:RevaluationReserve 2022-11-29 2023-11-30 14512460 frs-core:RevaluationReserve 2023-11-30 14512460 frs-core:ShareCapital 2023-11-30 14512460 frs-bus:PrivateLimitedCompanyLtd 2022-11-29 2023-11-30 14512460 frs-bus:FilletedAccounts 2022-11-29 2023-11-30 14512460 frs-bus:SmallEntities 2022-11-29 2023-11-30 14512460 frs-bus:AuditExempt-NoAccountantsReport 2022-11-29 2023-11-30 14512460 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-29 2023-11-30 14512460 frs-bus:Director1 2022-11-29 2023-11-30 14512460 frs-bus:Director2 2022-11-29 2023-11-30 14512460 frs-countries:EnglandWales 2022-11-29 2023-11-30
Registered number: 14512460
Faversham Villas Studio Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
GMS FC Limited
1 London Road
Ipswich
Suffolk
IP1 2HA
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14512460
2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 833
833
CURRENT ASSETS
Debtors 5 100
100
NET CURRENT ASSETS (LIABILITIES) 100
TOTAL ASSETS LESS CURRENT LIABILITIES 933
NET ASSETS 933
CAPITAL AND RESERVES
Called up share capital 6 100
Revaluation reserve 7 833
SHAREHOLDERS' FUNDS 933
For the year ending 30 November 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Andrew Graham
Director
29th August 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Faversham Villas Studio Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14512460 . The registered office is 22 Pembroke Villas, Kensington, London, W8 6NT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold N/A
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL
-
4. Tangible Assets
Land & Property
Freehold
£
Cost or Valuation
As at 29 November 2022 -
Revaluation 833
As at 30 November 2023 833
Net Book Value
As at 30 November 2023 833
As at 29 November 2022 -
Cost or valuation as at 30 November 2023 represented by:
Land & Property
Freehold
£
At valuation 833
833
During the year, the company acquired the freehold of a leasehold property for a nominal fee. The freehold has been recognised in the balance sheet at its fair value of £833, as determined by an independent professional valuation. 
5. Debtors
2023
£
Due within one year
Faversham Villas 100
100
Page 2
Page 3
6. Share Capital
2023
£
Allotted, Called up and fully paid 100
7. Reserves
Revaluation Reserve
£
Transfer to profit and loss 833
As at 30 November 2023 833
Page 3