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REGISTERED NUMBER: 14601293 (England and Wales)















Unaudited Financial Statements

for the Period 18 January 2023 to 31 March 2024

for

The Farrier's Arms Property Limited

The Farrier's Arms Property Limited (Registered number: 14601293)






Contents of the Financial Statements
for the Period 18 January 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Farrier's Arms Property Limited

Company Information
for the Period 18 January 2023 to 31 March 2024







DIRECTOR: F T Snell





REGISTERED OFFICE: Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ





REGISTERED NUMBER: 14601293 (England and Wales)





ACCOUNTANTS: Thompsons Accountancy Services Limited
Chartered Accountants
Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ

The Farrier's Arms Property Limited (Registered number: 14601293)

Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Intangible assets 5 27,000
Tangible assets 6 586,337
613,337

CURRENT ASSETS
Debtors 7 930

CREDITORS
Amounts falling due within one year 8 349,652
NET CURRENT LIABILITIES (348,722 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

264,615

CREDITORS
Amounts falling due after more than one
year

9

273,770
NET LIABILITIES (9,155 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (9,255 )
(9,155 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The Farrier's Arms Property Limited (Registered number: 14601293)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 October 2024 and were signed by:





F T Snell - Director


The Farrier's Arms Property Limited (Registered number: 14601293)

Notes to the Financial Statements
for the Period 18 January 2023 to 31 March 2024

1. STATUTORY INFORMATION

The Farrier's Arms Property Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

The Farrier's Arms Property Limited (Registered number: 14601293)

Notes to the Financial Statements - continued
for the Period 18 January 2023 to 31 March 2024

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 30,000
At 31 March 2024 30,000
AMORTISATION
Charge for period 3,000
At 31 March 2024 3,000
NET BOOK VALUE
At 31 March 2024 27,000

6. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
Additions 562,337 30,000 592,337
At 31 March 2024 562,337 30,000 592,337
DEPRECIATION
Charge for period - 6,000 6,000
At 31 March 2024 - 6,000 6,000
NET BOOK VALUE
At 31 March 2024 562,337 24,000 586,337

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
VAT 930

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to group undertakings 947
Directors' current accounts 347,905
Accrued expenses 800
349,652

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans - 2-5 years 273,770

The Farrier's Arms Property Limited (Registered number: 14601293)

Notes to the Financial Statements - continued
for the Period 18 January 2023 to 31 March 2024

10. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 273,770

The loan is secured on the freehold property known as the Farriers Arms, 32-34 Lower Dagnall Street, St Albans, AL3 4PT registered under title number HD451106.