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Registered number
07714953
Farley's Interiors Ltd
Unaudited Accounts
for the year ended
30 November 2024
Farley's Interiors Ltd
Balance Sheet
as at 30 November 2024
Notes
2024
£
2023
£
Current assets
Stocks 30,276 30,276
Debtors 3,250 8,105
Cash at bank and in hand 2,670 2,935
36,196 41,316
Creditors: amounts falling due within one year (169,951) (155,865)
Net current assets / (liabilities) (133,755) (114,549)
Total assets less current liabilities (133,755) (114,549)
Creditors: amounts falling due after more than one year (33,471) (33,191)
Provisions for liabilities (0) (0)
Total net assets (liabilities) (167,226) (147,740)
Capital and reserves
Called up share capital 100 100
Profit and loss account (167,326) (147,840)
Shareholders' funds (167,226) (147,740)

Farley's Interiors Ltd
Balance Sheet
as at 30 November 2024



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

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 30 November 2024 the company was entitled to exemption 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.

Signed on behalf of the board of directors

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

Mr O Farley

Director


Approved by the board on 29 August 2025

Company Number: 07714953 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Unit D 19-27 High Street
St. Lawrence
Ramsgate
Kent
CT11 0QW
England

Farley's Interiors Ltd
Notes to the Accounts
for the year ended 30 November 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The accounts are prepared on a going concern basis. As at the balance sheet date the company was insolvent.
The directors have considered the future trading of the company and are satisfied that the company has the ability to meet its liability as they fall due.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.
Deferred taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2. Employees
2024 2023
Average number of employees during the period 0 0