FARNLEY INDUSTRIAL SERVICES LIMITED

Company Registration Number:
07973091 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

FARNLEY INDUSTRIAL SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Additional notes
Balance sheet notes

FARNLEY INDUSTRIAL SERVICES LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Investments: 3 0 465
Total fixed assets: 0 465
Current assets
Cash at bank and in hand: 916 916
Total current assets: 916 916
Creditors: amounts falling due within one year: 4 ( 3,227 ) ( 1,629 )
Net current assets (liabilities): (2,311) (713)
Total assets less current liabilities: (2,311) ( 248)
Total net assets (liabilities): (2,311) (248)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (2,411 ) (348 )
Total Shareholders' funds: ( 2,311 ) (248)

The notes form part of these financial statements

FARNLEY INDUSTRIAL SERVICES LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 24 March 2025
and signed on behalf of the board by:

Name: Charles Sykes
Status: Director

The notes form part of these financial statements

FARNLEY INDUSTRIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Other accounting policies

    Investments - Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Company distributions - During the year a dividend has been paid to the company's shareholder which has subsequently been found to have been declared in contravention to the provisions of the Companies Act 2006. At the date of the declaration, the dividend was neither supported by financial statements showing the company had adequate reserves to cover the distribution, nor interim accounts evidencing future post-tax profitability to the extent necessary to show that the dividend could be funded from distributable reserves. The director has provided an undertaking that no further distributions will be made until such time as there are sufficient reserves available.

FARNLEY INDUSTRIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

FARNLEY INDUSTRIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Fixed assets investments note

An investment in Ryno Asia Limited, a non-UK based company, has been written off in the current accounting period.

FARNLEY INDUSTRIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 348
Taxation and social security 247
Accruals and deferred income 900 949
Other creditors 2,327 85
Total 3,227 1,629

FARNLEY INDUSTRIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Loans to directors

Name of director receiving advance or credit: Charles Sykes
Description of the transaction:
The loan is interest free and repayable on demand.
£
Balance at 31 March 2023 85
Advances or credits made: 2,242
Advances or credits repaid:
Balance at 31 March 2024 2,327