1 April 2023 false No description of principal activity Taxfiler 2024.5 SC735195business:PrivateLimitedCompanyLtd2023-04-012024-03-31 SC7351952023-03-31 SC7351952023-04-012024-03-31 SC735195business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 SC735195business:FilletedAccounts2023-04-012024-03-31 SC7351952024-03-31 SC735195business:Director12023-04-012024-03-31 SC735195business:RegisteredOffice2023-04-012024-03-31 SC7351952023-03-31 SC735195core:WithinOneYear2024-03-31 SC735195core:WithinOneYear2023-03-31 SC735195core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 SC735195core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 SC735195core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 SC735195core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 SC735195core:PreviouslyStatedAmount2024-03-31 SC735195core:PreviouslyStatedAmount2023-03-31 SC735195business:SmallEntities2023-04-012024-03-31 SC735195countries:Scotland2023-04-012024-03-31 SC735195core:MotorVehicles2023-04-012024-03-31 SC735195core:MotorVehicles2023-03-31 SC735195core:MotorVehicles2024-03-31 SC7351952022-06-102023-03-31 iso4217:GBP xbrli:pure
Company Registration No. SC735195 (Scotland)
FARREN.T LTD Unaudited accounts for the year ended 31 March 2024
FARREN.T LTD Unaudited accounts Contents
Page
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FARREN.T LTD Company Information for the year ended 31 March 2024
Director
ALLAN TOSH
Company Number
SC735195 (Scotland)
Registered Office
7 Nethy Place Abernethy PH2 9GZ
Accountants
Hawkstane Accountants Brantwoode Ferntower Road Crieff PH7 3DH
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FARREN.T LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
24,695 
32,927 
Current assets
Debtors
813 
- 
Cash at bank and in hand
88,050 
25,438 
88,863 
25,438 
Creditors: amounts falling due within one year
(35,264)
(25,466)
Net current assets/(liabilities)
53,599 
(28)
Net assets
78,294 
32,899 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
78,194 
32,799 
Shareholders' funds
78,294 
32,899 
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 21 September 2024 and were signed on its behalf by
ALLAN TOSH Director Company Registration No. SC735195
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FARREN.T LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
FARREN.T LTD is a private company, limited by shares, registered in Scotland, registration number SC735195. The registered office is 7 Nethy Place, Abernethy, PH2 9GZ.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25%
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 April 2023
35,748 
At 31 March 2024
35,748 
Depreciation
At 1 April 2023
2,821 
Charge for the year
8,232 
At 31 March 2024
11,053 
Net book value
At 31 March 2024
24,695 
At 31 March 2023
32,927 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
813 
- 
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FARREN.T LTD Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
6,114 
(194)
Taxes and social security
27,450 
7,010 
Loans from directors
- 
17,850 
Accruals
1,700 
800 
35,264 
25,466 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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