Company Registration No. 5378502 (England and Wales)
Fanthorp 1 Ltd
Unaudited accounts
for the year ended 31 March 2024
Fanthorp 1 Ltd
Unaudited accounts
Contents
Fanthorp 1 Ltd
Company Information
for the year ended 31 March 2024
Directors
James Dunlop
Caroline Dunlop
Company Number
5378502 (England and Wales)
Registered Office
Aberdeen House
South Road
Haywards Heath
West Sussex
RH16 4NG
Fanthorp 1 Ltd
Statement of financial position
as at 31 March 2024
Investment property
2,258,989
1,945,359
Cash at bank and in hand
80,762
18,100
Creditors: amounts falling due within one year
(2,201,472)
(1,816,881)
Net current liabilities
(2,118,810)
(1,798,781)
Net assets
140,179
146,578
Profit and loss account
140,179
146,578
Shareholders' funds
140,179
146,578
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 14 February 2025 and were signed on its behalf by
James Dunlop
Director
Company Registration No. 5378502
Fanthorp 1 Ltd
Notes to the Accounts
for the year ended 31 March 2024
Fanthorp 1 Ltd is a private company, limited by shares, registered in England and Wales, registration number 5378502. The registered office is Aberdeen House, South Road, Haywards Heath, West Sussex, RH16 4NG.
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.
Fair value at 1 April 2023
1,945,359
At 31 March 2024
2,258,989
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
9,846
Loans from directors
2,195,472
1,832,512
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan from director
(1,832,512)
(362,960)
-
(2,195,472)
(1,832,512)
(362,960)
-
(2,195,472)
Fanthorp 1 Ltd
Notes to the Accounts
for the year ended 31 March 2024
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).