Company Registration No. 09844537 (England and Wales)
R. Farrell Ltd
Unaudited accounts
for the year ended 31 October 2024
R. Farrell Ltd
Unaudited accounts
Contents
R. Farrell Ltd
Company Information
for the year ended 31 October 2024
Company Number
09844537 (England and Wales)
Registered Office
13 Mersey House
Liverpool Road
London
N7 8QE
United Kingdom
Accountants
Ratnam Accountants
203 Kilburn High Road
London
NW6 7HY
R. Farrell Ltd
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
-
14,627
Creditors: amounts falling due within one year
(2,822)
(5,971)
Net current assets
178
8,656
Called up share capital
1
1
Profit and loss account
177
8,721
Shareholders' funds
178
8,722
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 31 May 2025 and were signed on its behalf by
Ray Farrell
Director
Company Registration No. 09844537
R. Farrell Ltd
Notes to the Accounts
for the year ended 31 October 2024
R. Farrell Ltd is a private company, limited by shares, registered in England and Wales, registration number 09844537. The registered office is 13 Mersey House, Liverpool Road, London, N7 8QE, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
33.33% Straight line
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
R. Farrell Ltd
Notes to the Accounts
for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,037
4,435
Loans from directors
525
276
7
Transactions with related parties
The total loan advanced to Mr. Ray Farrell as at the year-end date amounts to £3,000. This loan is repayable on demand and remains outstanding as at the balance sheet date
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).