S FARRAR PROPERTIES LTD


Director	FARRAR, Shaun David


Registered Address	15 - 17 West Derby Village
	Liverpool
	L12 5HJ


Registered Number	11100842 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Investments	3		1,407,181		1,407,181
			1,407,181		1,407,181
Current assets
Debtors	4	7,683		-
Cash at bank and on hand		24,163		2,268
		31,846		2,268
Creditors amounts falling due within one year	5	(602,331)		(543,939)
Net current assets (liabilities)			(570,485)		(541,671)
Total assets less current liabilities			836,696		865,510
Creditors amounts falling due after one year	6		(389,305)		(582,657)
Net assets			447,391		282,853
Capital and reserves
Called up share capital			100		100
Profit and loss account			447,291		282,753
Shareholders' funds			447,391		282,853

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 24 September 2025, and are signed on its behalf by:

FARRAR, Shaun David
Director
Registered Company No. 11100842

S FARRAR PROPERTIES LTD

Notes to the Financial Statements
for the year ended 31 December 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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		1

3.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 January 24	1,407,181	1,407,181
At 31 December 24	1,407,181	1,407,181
Net book value
At 31 December 24	1,407,181	1,407,181
At 31 December 23	1,407,181	1,407,181

	Notes
	¹Investments in group undertakings and participating interests

4.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	1,795	-
Other debtors	5,888	-
Total	7,683	-

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	4,173	-
Bank borrowings and overdrafts	200,833	196,982
Amounts owed to related parties	379,499	317,642
Taxation and social security	12,921	22,975
Other creditors	2,904	3,939
Accrued liabilities and deferred income	2,001	2,401
Total	602,331	543,939

6.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	389,305	582,657
Total	389,305	582,657