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
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
Farringdons Property Investment company Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
185,970
188,083
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)
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
Farringdons Property Investment company Ltd
Notes to the Accounts
for the year ended 31 May 2024
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.
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:
Land & buildings
Depreciation rate in accordance with the property
4
Tangible fixed assets
Land & buildings
5
Creditors: amounts falling due within one year
2024
2023
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
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).