Company Registration No. 12539513 (England and Wales)
FARZANA ENTERPRISES LIMITED
Unaudited accounts
for the year ended 30 April 2024
FARZANA ENTERPRISES LIMITED
Unaudited accounts
Contents
FARZANA ENTERPRISES LIMITED
Company Information
for the year ended 30 April 2024
Company Number
12539513 (England and Wales)
Registered Office
24 HALLAM FIELDS ROAD
BIRSTALL
LEICESTER
LE4 3LH
ENGLAND
Accountants
Syldon & Co Accountants
322 Stratford Workshops
Burford Road
London
E15 2SP
FARZANA ENTERPRISES LIMITED
Statement of financial position
as at 30 April 2024
Intangible assets
12,087
12,087
Tangible assets
25,882
323
Cash at bank and in hand
69,658
132,155
Creditors: amounts falling due within one year
(35,531)
(19,955)
Net current assets
34,594
112,696
Total assets less current liabilities
72,563
125,106
Creditors: amounts falling due after more than one year
(200,000)
(200,000)
Net liabilities
(127,437)
(74,894)
Called up share capital
1
1
Profit and loss account
(127,438)
(74,895)
Shareholders' funds
(127,437)
(74,894)
For the year ending 30 April 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 her 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 24 January 2025 and were signed on its behalf by
FARZANA MEHMOOD
Director
Company Registration No. 12539513
FARZANA ENTERPRISES LIMITED
Notes to the Accounts
for the year ended 30 April 2024
FARZANA ENTERPRISES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12539513. The registered office is 24 HALLAM FIELDS ROAD, BIRSTALL, LEICESTER, LE4 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Intangible fixed assets is the Franchisee Fee paid by the director to Bright & Beautiful are included at cost..
4
Intangible fixed assets
Goodwill
FARZANA ENTERPRISES LIMITED
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 30 April 2024
359
31,989
32,348
Charge for the year
32
6,398
6,430
At 30 April 2024
68
6,398
6,466
At 30 April 2024
291
25,591
25,882
At 30 April 2023
323
-
323
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Other creditors
11,289
10,392
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
200,000
200,000
THIS AMOUNT REPRESENT THE LOAN THE DIRECTOR FARZANA MEHMOOD PUT INTO THE BUSINESS FOR RUNNING THE BUSINESS IN FIRST YEAR. THERE ARE A LONG TERM NO OBLIGATION INTEREST FREE LOAN AGREEMENT EXIST FOR THIS LOAN.
There is consensus between both the parties that the Directors Loan is Interest Free, Unsecured and subordinated
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).