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Company Registration No. 09195872 (England and Wales)
Firs Farm Turbine Limited Unaudited accounts for the year ended 31 May 2024
Firs Farm Turbine Limited Unaudited accounts Contents
Page
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Firs Farm Turbine Limited Company Information for the year ended 31 May 2024
Directors
R Fawkes S D Milner
Company Number
09195872 (England and Wales)
Registered Office
203 West Street Fareham Hampshire PO16 0EN England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Firs Farm Turbine Limited Statement of financial position as at 31 May 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
323,125 
Current assets
Debtors
17,795 
Cash at bank and in hand
80,160 
97,955 
Creditors: amounts falling due within one year
(190,578)
Net current liabilities
(92,623)
Total assets less current liabilities
230,502 
Creditors: amounts falling due after more than one year
(128,275)
Provisions for liabilities
Other provisions
(75,949)
Net assets
26,278 
Capital and reserves
Called up share capital
20 
Profit and loss account
26,258 
Shareholders' funds
26,278 
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2025 and were signed on its behalf by
R Fawkes Director Company Registration No. 09195872
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Firs Farm Turbine Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Firs Farm Turbine Limited is a private company, limited by shares, registered in England and Wales, registration number 09195872. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5% Straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2023
587,500 
At 31 May 2024
587,500 
Depreciation
At 1 June 2023
235,000 
Charge for the year
29,375 
At 31 May 2024
264,375 
Net book value
At 31 May 2024
323,125 
5
Debtors
2024 
£ 
Amounts falling due within one year
Accrued income and prepayments
17,795 
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Firs Farm Turbine Limited Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
£ 
VAT
4,318 
Trade creditors
6,156 
Taxes and social security
35,145 
Other creditors
128,275 
Accruals
16,684 
190,578 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Other creditors
128,275 
8
Share capital
2024 
£ 
Allotted, called up and fully paid:
20 Ordinary shares of £1 each
20 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
R Fawkes
Director's Loan Account
- 
(62,500)
(62,500)
- 
S D Milner
Director's Loan Account
- 
(47,500)
(47,500)
- 
- 
(110,000)
(110,000)
- 
10
Average number of employees
During the year the average number of employees was 0.
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