Registered number
08300544
Farrington Financial Ltd
Report and Accounts
31 March 2025
Farrington Financial Ltd
Registered number: 08300544
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 586 783
Current assets
Debtors 4 - 1,045
Cash at bank and in hand 18,411 20,550
18,411 21,595
Creditors: amounts falling due within one year 5 (14,302) (10,462)
Net current assets 4,109 11,133
Total assets less current liabilities 4,695 11,916
Creditors: amounts falling due after more than one year 6 - (10,845)
Net assets 4,695 1,071
Capital and reserves
Called up share capital 2 2
Profit and loss account 4,693 1,069
Shareholders' funds 4,695 1,071
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Gemma Farrington
Director
Approved by the board on 1 May 2025
Farrington Financial Ltd
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 3
3 Tangible fixed assets
Office equipment etc
£
Cost
At 1 April 2024 2,316
At 31 March 2025 2,316
Depreciation
At 1 April 2024 1,533
Charge for the year 197
At 31 March 2025 1,730
Net book value
At 31 March 2025 586
At 31 March 2024 783
4 Debtors 2025 2024
£ £
Trade debtors - 1,045
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 2,778 2,806
Corporation tax 10,292 6,392
Other taxes and social security costs 152 152
Other creditors 1,080 1,112
14,302 10,462
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans - 10,845
7 Other information
Farrington Financial Ltd is a private company limited by shares and incorporated in England. Its registered office is:
131 Poynings Avenue, Southend-On-Sea, England, SS2 4RY
Farrington Financial Ltd 08300544 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts April 2025 Gemma Farrington No description of principal activity 08300544 2023-04-01 2024-03-31 08300544 core:WithinOneYear 2024-03-31 08300544 core:AfterOneYear 2024-03-31 08300544 core:ShareCapital 2024-03-31 08300544 core:RetainedEarningsAccumulatedLosses 2024-03-31 08300544 2024-04-01 2025-03-31 08300544 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08300544 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08300544 bus:Director40 2024-04-01 2025-03-31 08300544 core:PlantMachinery 2024-04-01 2025-03-31 08300544 countries:England 2024-04-01 2025-03-31 08300544 bus:FRS102 2024-04-01 2025-03-31 08300544 bus:FilletedAccounts 2024-04-01 2025-03-31 08300544 2025-03-31 08300544 core:WithinOneYear 2025-03-31 08300544 core:AfterOneYear 2025-03-31 08300544 core:ShareCapital 2025-03-31 08300544 core:RetainedEarningsAccumulatedLosses 2025-03-31 08300544 core:PlantMachinery 2025-03-31 08300544 2024-03-31 08300544 core:PlantMachinery 2024-03-31 iso4217:GBP xbrli:pure