Farview International Limited Accounts






Farview International Limited

	Company No. 09191631
		Information for Filing with The Registrar
		31 December 2024

at	31 December 2024
Company No.		09191631	Notes	2024	2023
				£	£
Fixed assets
	Intangible assets		4	23,080	23,080
	Tangible assets		5	88	135

	Investments		6	1	1
				23,169	23,216
Current assets

	Debtors		7	45,059	48,070

	Cash at bank and in hand			4,455	7,333
				49,514	55,403
Creditors: Amount falling due within one year			8	(56,534)	(40,169)
Net current (liabilities)/assets				(7,020)	15,234
Total assets less current liabilities				16,149	38,450

Provisions for liabilities
	Deferred taxation			-	(26)

Net assets				16,149	38,424

Capital and reserves
	Called up share capital			200	200



	Profit and loss account		10	15,949	38,224

Total equity				16,149	38,424



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 December 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 22 September 2025 and signed on its behalf by:
M.F. Borelli
Director
22 September 2025

for the year ended 31 December 2024

General information

Farview International Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 09191631

Its registered office is:

c/o Fadden & Co.

25 The Brackens

Orpington

Kent

BR6 6JH

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes where applicable.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Furniture, fittings and equipment

35% reducing balance

Taxation

Corporation tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2024	2023
			Number	Number
		The average monthly number of employees (including directors) during the year was:	1	1

4	Intangible fixed assets
			Goodwill	Total
			£	£
		Cost
		At 1 January 2024	23,080	23,080


		At 31 December 2024	23,080	23,080
		Amortisation and impairment





		Net book values
		At 31 December 2024	23,080	23,080
		At 31 December 2023	23,080	23,080

5	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 January 2024	1,884	1,884




		At 31 December 2024	1,884	1,884
		Depreciation
		At 1 January 2024	1,749	1,749
		Charge for the year	47	47



		At 31 December 2024	1,796	1,796
		Net book values
		At 31 December 2024	88	88
		At 31 December 2023	135	135

6	Investments
			Investment in Subsidiaries	Total
			£	£
		Cost or valuation
		At 1 January 2024	1	1



		At 31 December 2024	1	1
		Provisions/Impairment





		Net book values
		At 31 December 2024	1	1
		At 31 December 2023	1	1

7	Debtors
			2024	2023
			£	£

		Amounts owed by group undertakings	26,996	-
		Corporation tax recoverable	17,626	12,854
		Deferred tax asset	437	-


		Other debtors	-	25,616
		Prepayments and accrued income	-	9,600
			45,059	48,070

8	Creditors:
		amounts falling due within one year
			2024	2023
			£	£






		Taxes and social security	-	4,772
		Other creditors	56,534	35,397
			56,534	40,169

Share Capital

The share capital represents 100 £1 Ordinary and 100 £1 Ordinary 'A' shares allocated called up and fully paid.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.