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Company Registration No. 08930295 (England and Wales)
Furness Investments Limited Unaudited accounts for the year ended 5 April 2024
Furness Investments Limited Unaudited accounts Contents
Page
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Furness Investments Limited Company Information for the year ended 5 April 2024
Directors
Mr P McMeekin Ms K O'Connor
Company Number
08930295 (England and Wales)
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Furness Investments Limited Statement of financial position as at 5 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,498 
30,064 
Current assets
Cash at bank and in hand
21,409 
19,971 
Creditors: amounts falling due within one year
(8,259)
(7,710)
Net current assets
13,150 
12,261 
Net assets
39,648 
42,325 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
39,548 
42,225 
Shareholders' funds
39,648 
42,325 
For the year ending 5 April 2024 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by
Ms K O'Connor Director Company Registration No. 08930295
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Furness Investments Limited Notes to the Accounts for the year ended 5 April 2024
1
Statutory information
Furness Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 08930295.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Computer equipment
25%
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 6 April 2023
50,325 
201 
50,526 
Additions
4,745 
- 
4,745 
At 5 April 2024
55,070 
201 
55,271 
Depreciation
At 6 April 2023
20,297 
165 
20,462 
Charge for the year
8,302 
9 
8,311 
At 5 April 2024
28,599 
174 
28,773 
Net book value
At 5 April 2024
26,471 
27 
26,498 
At 5 April 2023
30,028 
36 
30,064 
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Furness Investments Limited Notes to the Accounts for the year ended 5 April 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
237 
- 
Loans from directors
8,022 
7,710 
8,259 
7,710 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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