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Company Registration No. 14114485 (England and Wales)
Farringdons Property Investment company Ltd Unaudited accounts for the year ended 31 May 2024
Farringdons Property Investment company Ltd Unaudited accounts Contents
Page
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Farringdons Property Investment company Ltd Company Information for the year ended 31 May 2024
Directors
Mark William Hicks Liam Hicks
Company Number
14114485 (England and Wales)
Registered Office
Fiesta Hulletts Lane Brentwood Essex CM15 9RX UK
Accountants
Mrs Pamela Bodell 19 The Springs Broxbourne Hertfordshire EN10 6EW
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Farringdons Property Investment company Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
185,970 
188,083 
Current assets
Cash at bank and in hand
318 
2,933 
Creditors: amounts falling due within one year
(1,035)
(1,126)
Net current (liabilities)/assets
(717)
1,807 
Total assets less current liabilities
185,253 
189,890 
Creditors: amounts falling due after more than one year
(166,261)
(182,262)
Net assets
18,992 
7,628 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
18,892 
7,528 
Shareholders' funds
18,992 
7,628 
For the year ending 31 May 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 19 February 2025 and were signed on its behalf by
Mark William Hicks Director Company Registration No. 14114485
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Farringdons Property Investment company Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Farringdons Property Investment company Ltd is a private company, limited by shares, registered in England and Wales, registration number 14114485. The registered office is Fiesta, Hulletts Lane, Brentwood, Essex, CM15 9RX, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
Depreciation rate in accordance with the property
Plant & machinery
20%
Fixtures & fittings
20%
Computer equipment
20%
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 June 2023
188,083 
Revaluations
(2,113)
At 31 May 2024
185,970 
Depreciation
At 31 May 2024
- 
Net book value
At 31 May 2024
185,970 
At 31 May 2023
188,083 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
535 
626 
Trade creditors
500 
500 
1,035 
1,126 
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Farringdons Property Investment company Ltd Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
58,100 
70,000 
Taxes and social security
3,161 
2,262 
Loans from directors
105,000 
110,000 
166,261 
182,262 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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