Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-282024-02-28truefalsefalse2023-02-27falseconstruction of commercial buildings1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14690382 2023-02-26 14690382 2023-02-27 2024-02-28 14690382 2022-02-27 2023-02-26 14690382 2024-02-28 14690382 1 2023-02-27 2024-02-28 14690382 d:Director1 2023-02-27 2024-02-28 14690382 c:CurrentFinancialInstruments 2024-02-28 14690382 c:CurrentFinancialInstruments c:WithinOneYear 2024-02-28 14690382 c:ShareCapital 2024-02-28 14690382 c:RetainedEarningsAccumulatedLosses 2024-02-28 14690382 d:FRS102 2023-02-27 2024-02-28 14690382 d:AuditExempt-NoAccountantsReport 2023-02-27 2024-02-28 14690382 d:FullAccounts 2023-02-27 2024-02-28 14690382 d:PrivateLimitedCompanyLtd 2023-02-27 2024-02-28 14690382 e:PoundSterling 2023-02-27 2024-02-28 iso4217:GBP xbrli:pure



Company Registration No. 14690382 (England and Wales)







FAUGHNAN CONSTRUCTION LONDON LIMITED

UNAUDITED
FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 28 FEBRUARY 2024



































Riordan O'Sullivan & Co
Chartered Certified Accountants
40 Chamberlayne Road
London
NW10 3JE

 
FAUGHNAN CONSTRUCTION LONDON LIMITED
REGISTERED NUMBER:14690382

BALANCE SHEET
AS AT 28 FEBRUARY 2024

2024
Note
£

  

Current assets
  

Debtors
 4 
650

Cash at bank and in hand
  
50

  
700

Creditors: amounts falling due within one year
 6 
(720)

Net current (liabilities)/assets
  
 
 
(20)

Total assets less current liabilities
  
(20)

  

Net (liabilities)/assets
  
(20)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(120)

  
(20)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 November 2024.




___________________________
John Bernard Faughnan
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
FAUGHNAN CONSTRUCTION LONDON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2024

1.


General information

Faughnan Construction London Limited  is a private company limited by shares incoporated in England & Wales. The registered office is 40 Chamberlyane Road, London, NW10 3JE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the time of approving the financial statements, the director have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continue to adopt the going concern basis of accounting in preparing the financial statements.

 
2.3

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees



The average monthly number of employees, including directors, during the period was 1.

Page 2

 
FAUGHNAN CONSTRUCTION LONDON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2024

4.


Debtors

2024
£


Other debtors
650

650



5.


Profit and loss

2024
£

Profit (Loss) for the year
(120)

Dividends paid
-

(120)



6.


Creditors: Amounts falling due within one year

2024
£

Accruals
720

720



7.


Post balance sheet events

There were no events since the year end which materially affected the company.


8.


Controlling party

John Bernard Faughnan, owns 100% of the issued share capital of the company and is therefore the ultimate controller of the company.
 
Page 3