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Company Registration No. 11845501 (England and Wales)
Farscape Applications Limited Unaudited accounts for the year ended 28 February 2025
Farscape Applications Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Farscape Applications Limited Company Information for the year ended 28 February 2025
Directors
Ashley Beetson Andrew Weller
Company Number
11845501 (England and Wales)
Registered Office
20 English Way Little Wratting Haverhill CB9 7UE United Kingdom
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Farscape Applications Limited Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
673
1,923
Current assets
Debtors
5
5,644
2,539
Cash at bank and in hand
5,474
8,881
11,118
11,420
Creditors: amounts falling due within one year
6
(1,494)
(3,368)
Net current assets
9,624
8,052
Net assets
10,297
9,975
Capital and reserves
Called up share capital
100
100
Profit and loss account
10,197
9,875
Shareholders' funds
10,297
9,975
For the year ending 28 February 2025 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 11 September 2025 and were signed on its behalf by
Ashley Beetson Director Company Registration No. 11845501
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Farscape Applications Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Farscape Applications Limited is a private company, limited by shares, registered in England and Wales, registration number 11845501. The registered office is 20 English Way, Little Wratting, Haverhill, CB9 7UE, 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.
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:
Computer equipment
Straight Line over Three Years
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 March 2024
3,644
At 28 February 2025
3,644
Depreciation
At 1 March 2024
1,721
Charge for the year
1,250
At 28 February 2025
2,971
Net book value
At 28 February 2025
673
At 29 February 2024
1,923
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Farscape Applications Limited Notes to the Accounts for the year ended 28 February 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
50
245
Accrued income and prepayments
5,843
-
Other debtors
935
(206)
6,828
39
Amounts falling due after more than one year
Other debtors
(1,184)
2,500
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
913
2,530
Trade creditors
235
186
Taxes and social security
346
652
1,494
3,368
7
Loans to directors
As at 28 February 2024, within other debtors is the balance of £2.500 owed from director Ashley Beetson. This loan was repaid by 31 October 2024 (2023 : £43 balance owed to director within other credtiors)
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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