Silverfin false false 31/08/2024 28/11/2023 31/08/2024 A M Semmens 28/11/2023 S N Semmens 28/11/2023 20 March 2025 The principal activity of the company is that of acquiring a furnished holiday let property which should be completed in the next set of accounts. 15312646 2024-08-31 15312646 bus:Director1 2024-08-31 15312646 bus:Director2 2024-08-31 15312646 core:CurrentFinancialInstruments 2024-08-31 15312646 core:ShareCapital 2024-08-31 15312646 core:RetainedEarningsAccumulatedLosses 2024-08-31 15312646 bus:OrdinaryShareClass1 2024-08-31 15312646 2023-11-28 2024-08-31 15312646 bus:FilletedAccounts 2023-11-28 2024-08-31 15312646 bus:SmallEntities 2023-11-28 2024-08-31 15312646 bus:AuditExemptWithAccountantsReport 2023-11-28 2024-08-31 15312646 bus:PrivateLimitedCompanyLtd 2023-11-28 2024-08-31 15312646 bus:Director1 2023-11-28 2024-08-31 15312646 bus:Director2 2023-11-28 2024-08-31 15312646 bus:OrdinaryShareClass1 2023-11-28 2024-08-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 15312646 (England and Wales)

FARRAR COTTAGE LTD

Unaudited Financial Statements
For the financial period from 28 November 2023 to 31 August 2024
Pages for filing with the registrar

FARRAR COTTAGE LTD

Unaudited Financial Statements

For the financial period from 28 November 2023 to 31 August 2024

Contents

FARRAR COTTAGE LTD

BALANCE SHEET

As at 31 August 2024
FARRAR COTTAGE LTD

BALANCE SHEET (continued)

As at 31 August 2024
Note 31.08.2024
£
Current assets
Debtors 3 1
Cash at bank and in hand 620
621
Creditors: amounts falling due within one year 4 ( 1,550)
Net current liabilities (929)
Total assets less current liabilities (929)
Net liabilities ( 929)
Capital and reserves
Called-up share capital 5 1
Profit and loss account ( 930 )
Total shareholder's deficit ( 929)

For the financial period ending 31 August 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Farrar Cottage Ltd (registered number: 15312646) were approved and authorised for issue by the Board of Directors on 20 March 2025. They were signed on its behalf by:

S N Semmens
Director
A M Semmens
Director
FARRAR COTTAGE LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 28 November 2023 to 31 August 2024
FARRAR COTTAGE LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 28 November 2023 to 31 August 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Farrar Cottage Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Leswidden Common Fuel Depot, Leswidden Common, Penzance, TR19 7RU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

Period from
28.11.2023 to
31.08.2024
Number
Monthly average number of persons employed by the Company during the period, including directors 0

3. Debtors

31.08.2024
£
Other debtors 1

4. Creditors: amounts falling due within one year

31.08.2024
£
Other creditors 1,550

5. Called-up share capital

31.08.2024
£
Allotted, called-up and not yet paid
1 Ordinary share of £ 1.00 1

6. Related party transactions

Other related party transactions

31.08.2024
£
Leswidden Common Fuel Depot Ltd (800)

The above balance is included within other debtors and relates to an interest free loan due to Leswidden Common Fuel Depot Ltd, a company under common control.