Farriers Place Residents Limited 04768237 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is Residents management company Digita Accounts Production Advanced 6.30.9574.0 true true 04768237 2023-07-01 2024-06-30 04768237 2024-06-30 04768237 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2024-06-30 04768237 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 04768237 core:OtherPropertyPlantEquipment 2024-06-30 04768237 bus:SmallEntities 2023-07-01 2024-06-30 04768237 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 04768237 bus:FilletedAccounts 2023-07-01 2024-06-30 04768237 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 04768237 bus:RegisteredOffice 2023-07-01 2024-06-30 04768237 bus:Director2 2023-07-01 2024-06-30 04768237 bus:Director3 2023-07-01 2024-06-30 04768237 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-07-01 2024-06-30 04768237 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04768237 core:OtherPropertyPlantEquipment 2023-07-01 2024-06-30 04768237 core:PlantMachinery 2023-07-01 2024-06-30 04768237 countries:England 2023-07-01 2024-06-30 04768237 2023-06-30 04768237 core:OtherPropertyPlantEquipment 2023-06-30 04768237 2022-07-01 2023-06-30 04768237 2023-06-30 04768237 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-06-30 04768237 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 04768237 core:OtherPropertyPlantEquipment 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 04768237

Farriers Place Residents Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

 

Farriers Place Residents Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Farriers Place Residents Limited

Company Information

Directors

C E Wallen

Mrs D Diffenthal

Registered office

39 Northumberland Close
Warfield
Bracknell
RG42 3XD

Accountants

Clever Accounts Ltd
Brookfield Court
Selby Road
Garforth, Leeds
LS25 1NB

 

Farriers Place Residents Limited

(Registration number: 04768237)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

60

80

Current assets

 

Cash at bank and in hand

 

6,934

5,100

Creditors: Amounts falling due within one year

(4,565)

(3,881)

Net current assets

 

2,369

1,219

Net assets

 

2,429

1,299

Capital and reserves

 

Called up share capital

5

700

700

Retained earnings

1,729

599

Shareholders' funds

 

2,429

1,299

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 March 2025 and signed on its behalf by:
 

.........................................

C E Wallen
Director

 

Farriers Place Residents Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
39 Northumberland Close
Warfield
Bracknell
RG42 3XD
United Kingdom

These financial statements were authorised for issue by the Board on 10 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Farriers Place Residents Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

P&M

25% Reducing Balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

Farriers Place Residents Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

4

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

At 1 July 2023

1,011

1,011

At 30 June 2024

1,011

1,011

Depreciation

At 1 July 2023

931

931

Charge for the year

20

20

At 30 June 2024

951

951

Carrying amount

At 30 June 2024

60

60

At 30 June 2023

80

80

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £100 each

7

700

7

700