F.EFF. LTD.

Company Registration Number:
14939685 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 16 June 2023

End date: 30 June 2024

F.EFF. LTD.

Contents of the Financial Statements

for the Period Ended 30 June 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

F.EFF. LTD.

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Directors

The director shown below has held office during the whole of the period from
16 June 2023 to 30 June 2024

F Fadairo


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
1 October 2024

And signed on behalf of the board by:
Name: F Fadairo
Status: Director

F.EFF. LTD.

Profit And Loss Account

for the Period Ended 30 June 2024

12 months to 30 June 2024


£
Turnover: 11,900
Gross profit(or loss): 11,900
Administrative expenses: ( 7,439 )
Operating profit(or loss): 4,461
Interest payable and similar charges: ( 9,917 )
Profit(or loss) before tax: (5,456)
Tax: 5,456
Profit(or loss) for the financial year: 0

F.EFF. LTD.

Balance sheet

As at 30 June 2024

Notes 12 months to 30 June 2024


£
Fixed assets
Tangible assets: 3 341,367
Total fixed assets: 341,367
Current assets
Debtors: 4 278
Cash at bank and in hand: 807
Total current assets: 1,085
Prepayments and accrued income: 5,456
Creditors: amounts falling due within one year: 5 ( 4,183 )
Net current assets (liabilities): 2,358
Total assets less current liabilities: 343,725
Creditors: amounts falling due after more than one year: 6 ( 243,725 )
Total net assets (liabilities): 100,000
Capital and reserves
Called up share capital: 100,000
Total Shareholders' funds: 100,000

The notes form part of these financial statements

F.EFF. LTD.

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 1 October 2024
and signed on behalf of the board by:

Name: F Fadairo
Status: Director

The notes form part of these financial statements

F.EFF. LTD.

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the rental income received in the period, exclusive of Value Added Tax and trade discounts. Turnover is recognised on a straight- line basis over the length of the rental agreement.

    Tangible fixed assets depreciation policy

    Investment properties are stated on the balance sheet initially at cost. Cost includes costs directly attributable to making the asset capable of operating as intended by management. Subsequently valuation at fair value is carried out only if the property can be measured reliably without undue cost or effort. If the investment property fair value can be measured reliably, it shall be measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

    Other accounting policies

    Interest payable and similar charges Tax Deferred taxation

F.EFF. LTD.

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    12 months to 30 June 2024
    Average number of employees during the period 0

F.EFF. LTD.

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 341,367 341,367
Disposals
Revaluations
Transfers
At 30 June 2024 341,367 341,367
Depreciation
Charge for year
On disposals
Other adjustments
At 30 June 2024
Net book value
At 30 June 2024 341,367 341,367

F.EFF. LTD.

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

12 months to 30 June 2024
£
Trade debtors 278
Total 278

F.EFF. LTD.

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

12 months to 30 June 2024
£
Bank loans and overdrafts 4,183
Total 4,183

F.EFF. LTD.

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Creditors: amounts falling due after more than one year note

12 months to 30 June 2024
£
Other creditors 243,725
Total 243,725

F.EFF. LTD.

Notes to the Financial Statements

for the Period Ended 30 June 2024

7. Loans to directors

Name of director receiving advance or credit: F Fadairo
Description of the transaction:
Balance of transactions between director and company to fund day-to-day expenses
£
Balance at
Advances or credits made: 5,511
Advances or credits repaid: 5,233
Balance at 30 June 2024 278