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REGISTERED NUMBER: SC441765 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Farningham Planning Ltd

Farningham Planning Ltd (Registered number: SC441765)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Farningham Planning Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: A R Farningham





REGISTERED OFFICE: The Bourse
Suite 107
47 Timber Bush
Leith
Edinburgh
EH6 6QH





REGISTERED NUMBER: SC441765 (Scotland)





ACCOUNTANTS: AR Accountancy
Chartered Accountants
3 Holmwood Park
Crossford
Lanarkshire
ML8 5SZ

Farningham Planning Ltd (Registered number: SC441765)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,579 3,542

CURRENT ASSETS
Debtors 5 435,163 200,452
Cash at bank and in hand 6,778 128,242
441,941 328,694
CREDITORS
Amounts falling due within one year 6 149,265 133,973
NET CURRENT ASSETS 292,676 194,721
TOTAL ASSETS LESS CURRENT
LIABILITIES

294,255

198,263

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 294,254 198,262
SHAREHOLDERS' FUNDS 294,255 198,263

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

Farningham Planning Ltd (Registered number: SC441765)

Statement of Financial Position - 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2024 and were signed by:





A R Farningham - Director


Farningham Planning Ltd (Registered number: SC441765)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Farningham Planning Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on cost
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Farningham Planning Ltd (Registered number: SC441765)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 7,707 992 3,005 11,704
Disposals (3,199 ) - (1,293 ) (4,492 )
At 31 March 2024 4,508 992 1,712 7,212
DEPRECIATION
At 1 April 2023 4,687 992 2,483 8,162
Charge for year 1,488 - 475 1,963
Eliminated on disposal (3,199 ) - (1,293 ) (4,492 )
At 31 March 2024 2,976 992 1,665 5,633
NET BOOK VALUE
At 31 March 2024 1,532 - 47 1,579
At 31 March 2023 3,020 - 522 3,542

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 291,663 13,062
Other debtors 143,500 187,390
435,163 200,452

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 12,019 2,410
Taxation and social security 83,295 37,133
Other creditors 53,951 94,430
149,265 133,973

Farningham Planning Ltd (Registered number: SC441765)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
A R Farningham
Balance outstanding at start of year (72,005 ) (10 )
Amounts advanced 79,656 7,629
Amounts repaid (44,360 ) (79,624 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (36,709 ) (72,005 )

8. ULTIMATE CONTROLLING PARTY

The controlling party is A R Farningham.

The ultimate controlling party is A R Farningham.