2023-01-01 08603020 2023-12-31 08603020 2023-01-01 2023-12-31 08603020 2022-12-31 08603020 2022-01-01 2022-12-31 08603020 uk-core:WithinOneYear 2022-12-31 08603020 uk-core:WithinOneYear 2023-12-31 08603020 uk-core:ShareCapital 2023-12-31 08603020 uk-core:ShareCapital 2022-12-31 08603020 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 08603020 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 08603020 uk-bus:Director1 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure 08603020 uk-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08603020 uk-bus:FRS102 2023-01-01 2023-12-31 08603020 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 08603020 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Draft
FACET CAPITAL LIMITED
Registered Number:08603020
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 December 2023
FACET CAPITAL LIMITED
Contents Page
1
Statement of Financial Position
2
Notes to the Financial Statements
3
Draft
Registered Number :
08603020
As at 31 December 2023
FACET CAPITAL LIMITED
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
3,202
2,872
Financial assets
5,003,158
4,854,529
4,857,731
5,006,030
Current assets
Trade and other receivables
39,381,691
45,774,573
2
1,279,859
Cash and cash equivalents
1,153,553
46,928,126
40,661,550
Trade and other payables: amounts falling due within one
year
(14,458,867)
(14,720,708)
3
26,202,683
32,207,418
Net current assets
Total assets less current liabilities
37,065,149
31,208,713
37,065,149
Net assets
31,208,713
Capital and reserves
Called up share capital
44,000,001
35,000,001
Retained earnings
(6,934,852)
(3,791,288)
37,065,149
31,208,713
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
R E HUTCHINSON Director
These financial statements were approved and authorised for issue by the Board on 23 September 2024 and were signed by:
The notes form part of these financial statements
1 of 2
4
Draft
For the year ended 31 December 2023
FACET CAPITAL LIMITED
Notes to the Financial Statements
Statutory Information
FACET CAPITAL LIMITED is a private limited company, limited by shares, domiciled in England and Wales,
registration number 08603020.
Registered address:
SUITE 1 STAPLE HOUSE
ELEANOR'S CROSS
DUNSTABLE
BEDFORDSHIRE
LU6 1SU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2. Trade and other receivables
2022
2023
£
£
Trade debtors
-
108,916
Other debtors
45,774,573
39,272,775
39,381,691
45,774,573
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
296,175
35,548
Taxation and social security
6,877
6,198
Other creditors
14,417,656
14,417,121
14,720,708
14,458,867
4. Average number of persons employed
During the year the average number of employees was 3 (2022 : 3)
2 of 2