IRIS Accounts Production v24.3.2.46 00546049 director 1.1.24 31.12.24 31.12.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh005460492023-12-31005460492024-12-31005460492024-01-012024-12-31005460492022-12-31005460492023-01-012023-12-31005460492023-12-3100546049ns15:EnglandWales2024-01-012024-12-3100546049ns14:PoundSterling2024-01-012024-12-3100546049ns10:Director12024-01-012024-12-3100546049ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3100546049ns10:SmallEntities2024-01-012024-12-3100546049ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3100546049ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3100546049ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3100546049ns10:FullAccounts2024-01-012024-12-3100546049ns10:OrdinaryShareClass12024-01-012024-12-3100546049ns10:CompanySecretary12024-01-012024-12-3100546049ns10:RegisteredOffice2024-01-012024-12-3100546049ns5:CurrentFinancialInstruments2024-12-3100546049ns5:CurrentFinancialInstruments2023-12-3100546049ns5:ShareCapital2024-12-3100546049ns5:ShareCapital2023-12-3100546049ns5:RevaluationReserve2024-12-3100546049ns5:RevaluationReserve2023-12-3100546049ns5:RetainedEarningsAccumulatedLosses2024-12-3100546049ns5:RetainedEarningsAccumulatedLosses2023-12-3100546049ns5:LandBuildings2023-12-3100546049ns5:LandBuildings2024-12-3100546049ns5:LandBuildings2023-12-3100546049ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3100546049ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3100546049ns10:OrdinaryShareClass12024-12-31
REGISTERED NUMBER: 00546049 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Farnashot Limited

Farnashot Limited (Registered number: 00546049)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Farnashot Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: R F Gilroy





SECRETARY: T M Gilroy





REGISTERED OFFICE: Suite15
The Enterprise Centre
Coxbridge Business Park
Farnham
Surrey
GU10 5EH





REGISTERED NUMBER: 00546049 (England and Wales)





ACCOUNTANTS: Gilroy & Brookes Accountants Ltd
Suite 15
The Enterprise Centre
Coxbridge Business Park
Farnham
Surrey
GU10 5EH

Farnashot Limited (Registered number: 00546049)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 570,000 570,000

CURRENT ASSETS
Debtors 5 1,357 1,608
Cash at bank 40,398 32,185
41,755 33,793
CREDITORS
Amounts falling due within one year 6 (20,515 ) (16,764 )
NET CURRENT ASSETS 21,240 17,029
TOTAL ASSETS LESS CURRENT
LIABILITIES

591,240

587,029

CAPITAL AND RESERVES
Called up share capital 7 48 48
Revaluation reserve 351,091 351,091
Retained earnings 240,101 235,890
SHAREHOLDERS' FUNDS 591,240 587,029

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Farnashot Limited (Registered number: 00546049)

Balance Sheet - continued
31 December 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 29 January 2025 and were signed by:





R F Gilroy - Director


Farnashot Limited (Registered number: 00546049)

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

1. STATUTORY INFORMATION

Farnashot Limited is a private company, limited by shares , registered in England and Wales. 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 balance sheet date.

DEFERRED TAX
Deferred tax is not recognised in respect of all timing differences that have originated but not reversed at the balance sheet date which are immaterial.

3. EMPLOYEES AND DIRECTORS

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

4. PROPERTY, PLANT AND EQUIPMENT
Freehold
property
£   
COST
At 1 January 2024
and 31 December 2024 570,000
NET BOOK VALUE
At 31 December 2024 570,000
At 31 December 2023 570,000

Farnashot Limited (Registered number: 00546049)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 300
Other debtor 925 925
Prepayments and accrued income 432 383
1,357 1,608

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax liability 5,199 2,786
Directors' current accounts 8,540 7,731
Accruals and deferred income 6,776 6,247
20,515 16,764

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
48 Ordinary £1 48 48

8. ULTIMATE CONTROLLING PARTY

The company is under the control of R F Gilroy and T M Gilroy.