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REGISTERED NUMBER: 04910028 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Famestore Limited

Famestore Limited (Registered number: 04910028)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Famestore Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Marcus Nicolaou Hadjithoma





SECRETARY: Nicola Nicolaou Hadjithoma





REGISTERED OFFICE: Freedman House
Christopher Wren Yard
117 High Street
Croydon
Surrey
CR0 1QG





REGISTERED NUMBER: 04910028 (England and Wales)





ACCOUNTANTS: CWF & Partners Ltd
Chartered Accountants
Freedman House
Christopher Wren Yard
117 High Street
Croydon
Surrey
CR0 1QG

Famestore Limited (Registered number: 04910028)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 3,874 474
Investment property 6 2,252,000 2,252,000
2,255,874 2,252,474

CURRENT ASSETS
Debtors 7 9,416 9,582
Cash at bank 84,345 103,075
93,761 112,657
CREDITORS
Amounts falling due within one year 8 514,652 515,470
NET CURRENT LIABILITIES (420,891 ) (402,813 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,834,983

1,849,661

PROVISIONS FOR LIABILITIES 9 172,376 172,376
NET ASSETS 1,662,607 1,677,285

CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 939,107 939,107
Retained earnings 11 723,400 738,078
SHAREHOLDERS' FUNDS 1,662,607 1,677,285

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Famestore Limited (Registered number: 04910028)

Balance Sheet - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 April 2025 and were signed by:





Marcus Nicolaou Hadjithoma - Director


Famestore Limited (Registered number: 04910028)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Famestore Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the recognition of certain financial assets and liabilities measured at fair value.

Turnover
Turnover represents rents receivable during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investment property
Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment properties are measured at fair value. The surplus or deficit arising on the revaluation of investment properties at their fair values are recognised in the income statement.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Deferred tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the balance sheet date that are expected to apply to the reversal of the timing difference.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Famestore Limited (Registered number: 04910028)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2024 1,128
Additions 4,695
At 31 December 2024 5,823
DEPRECIATION
At 1 January 2024 654
Charge for year 1,295
At 31 December 2024 1,949
NET BOOK VALUE
At 31 December 2024 3,874
At 31 December 2023 474

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 2,252,000
NET BOOK VALUE
At 31 December 2024 2,252,000
At 31 December 2023 2,252,000

The investment properties are valued annually by the director on an open market existing use basis.

The historical cost of the investment properties amount to £1,140,516 (2023 - £1,140,516).

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 8,121 8,125
Prepayments and accrued income 1,295 1,457
9,416 9,582

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Taxation and social security - 2,482
Other creditors 514,652 512,988
514,652 515,470

Famestore Limited (Registered number: 04910028)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

9. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 172,376 172,376

Deferred
tax
£   
Balance at 1 January 2024 172,376
Balance at 31 December 2024 172,376

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
2 Ordinary shares £1 2 2
98 Ordinary B shares £1 98 98
100 100

11. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 January 2024 738,078 939,107 1,677,185
Deficit for the year (14,678 ) - (14,678 )
At 31 December 2024 723,400 939,107 1,662,507