2 MACFARLANE LTD


Director	NOORANIPOOR, Omid


Registered Address	2 Macfarlane Road
	London
	W12 7JZ


Registered Number	13744981 (England and Wales)

Balance Sheet as at
30 November 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		1,214,117		1,219,690
			1,214,117		1,219,690
Current assets
Debtors		-		100,000
Cash at bank and on hand		5,003		1,051
		5,003		101,051
Creditors amounts falling due within one year	4	(216,924)		(329,247)
Net current assets (liabilities)			(211,921)		(228,196)
Total assets less current liabilities			1,002,196		991,494
Creditors amounts falling due after one year	5		(932,531)		(932,531)
Accruals and deferred income			(1,250)		(1,160)
Net assets			68,415		57,803
Capital and reserves
Called up share capital			1		1
Share premium			100,000		100,000
Profit and loss account			(31,586)		(42,198)
Shareholders' funds			68,415		57,803

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 10 September 2025, and are signed on its behalf by:

NOORANIPOOR, Omid
Director
Registered Company No. 13744981

2 MACFARLANE LTD

Notes to the Financial Statements
for the year ended 30 November 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Fixtures and fittings	25

2.	Average number of employees


		2024		2023
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Total
	£	£	£
Cost or valuation
At 01 December 23	1,197,398	39,629	1,237,027
At 30 November 24	1,197,398	39,629	1,237,027
Depreciation and impairment
At 01 December 23	-	17,337	17,337
Charge for year	-	5,573	5,573
At 30 November 24	-	22,910	22,910
Net book value
At 30 November 24	1,197,398	16,719	1,214,117
At 30 November 23	1,197,398	22,292	1,219,690

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Other creditors	216,924	329,247
Total	216,924	329,247

5.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	932,531	932,531
Total	932,531	932,531