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Company Registration No. 12480785 (England and Wales)
FABI HOMES LTD Unaudited accounts for the year ended 29 February 2024
FABI HOMES LTD Unaudited accounts Contents
Page
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FABI HOMES LTD Company Information for the year ended 29 February 2024
Director
Pren DUHANI
Company Number
12480785 (England and Wales)
Registered Office
17 CLARENCE GARDENS LONDON NW1 3LH ENGLAND
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FABI HOMES LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,332 
10,665 
Current assets
Debtors
2,045 
262 
Cash at bank and in hand
1,830 
2,937 
3,875 
3,199 
Creditors: amounts falling due within one year
- 
(3,267)
Net current assets/(liabilities)
3,875 
(68)
Total assets less current liabilities
9,207 
10,597 
Creditors: amounts falling due after more than one year
(22,131)
(6,391)
Net (liabilities)/assets
(12,924)
4,206 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(13,024)
4,106 
Shareholders' funds
(12,924)
4,206 
For the year ending 29 February 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 14 October 2024 and were signed on its behalf by
Pren DUHANI Director Company Registration No. 12480785
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FABI HOMES LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
FABI HOMES LTD is a private company, limited by shares, registered in England and Wales, registration number 12480785. The registered office is 17 CLARENCE GARDENS, LONDON, NW1 3LH, ENGLAND.
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
20% Straight line
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 March 2023
26,664 
At 29 February 2024
26,664 
Depreciation
At 1 March 2023
15,999 
Charge for the year
5,333 
At 29 February 2024
21,332 
Net book value
At 29 February 2024
5,332 
At 28 February 2023
10,665 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
245 
262 
Trade debtors
1,800 
- 
2,045 
262 
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FABI HOMES LTD Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
3,027 
Other creditors
- 
240 
- 
3,267 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
4,931 
6,391 
Loans from directors
17,200 
- 
22,131 
6,391 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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