Company Registration No. 13167803 (England and Wales)
Farez Investments Limited
Unaudited accounts
for the year ended 31 January 2025
Farez Investments Limited
Unaudited accounts
Contents
Farez Investments Limited
Company Information
for the year ended 31 January 2025
Directors
Iliya Dzhalov
Pavlina Dzhalova
Company Number
13167803 (England and Wales)
Registered Office
Elmcroft 15 Rock Road
Penenden Heath
Maidstone
ME14 2AN
United Kingdom
Farez Investments Limited
Statement of financial position
as at 31 January 2025
Investment property
303,250
303,250
Cash at bank and in hand
7,042
10,238
Creditors: amounts falling due within one year
(4,728)
(4,160)
Net current assets
2,430
6,190
Total assets less current liabilities
305,680
309,440
Creditors: amounts falling due after more than one year
(305,887)
(305,887)
Net (liabilities)/assets
(207)
3,553
Called up share capital
2
2
Profit and loss account
(209)
3,551
Shareholders' funds
(207)
3,553
For the year ending 31 January 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 13 October 2025 and were signed on its behalf by
Iliya Dzhalov
Director
Company Registration No. 13167803
Farez Investments Limited
Notes to the Accounts
for the year ended 31 January 2025
Farez Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 13167803. The registered office is Elmcroft 15 Rock Road, Penenden Heath, Maidstone, ME14 2AN, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 February 2024
303,250
At 31 January 2025
303,250
Amounts falling due within one year
Accrued income and prepayments
116
112
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
619
Loans from directors
3,102
1,910
Farez Investments Limited
Notes to the Accounts
for the year ended 31 January 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
217,475
217,475
Amounts owed to group undertakings and other participating interests
88,412
88,412
8
Transactions with related parties
The company owed £88,412 (2024: £88,412) to Farez Electrical Limited, which is a company under common control.
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).