IRIS Accounts Production v25.3.0.601 08604408 director 1.2.24 31.1.25 31.1.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 08604408 2024-01-31 08604408 2025-01-31 08604408 2024-02-01 2025-01-31 08604408 2023-01-31 08604408 2023-02-01 2024-01-31 08604408 2024-01-31 08604408 ns15:EnglandWales 2024-02-01 2025-01-31 08604408 ns14:PoundSterling 2024-02-01 2025-01-31 08604408 ns10:Director1 2024-02-01 2025-01-31 08604408 ns10:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 08604408 ns10:SmallEntities 2024-02-01 2025-01-31 08604408 ns10:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 08604408 ns10:SmallCompaniesRegimeForDirectorsReport 2024-02-01 2025-01-31 08604408 ns10:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 08604408 ns10:AbridgedAccounts 2024-02-01 2025-01-31 08604408 ns5:CurrentFinancialInstruments 2025-01-31 08604408 ns5:CurrentFinancialInstruments 2024-01-31 08604408 ns5:Non-currentFinancialInstruments 2025-01-31 08604408 ns5:Non-currentFinancialInstruments 2024-01-31 08604408 ns5:ShareCapital 2025-01-31 08604408 ns5:ShareCapital 2024-01-31 08604408 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 08604408 ns5:RetainedEarningsAccumulatedLosses 2024-01-31

REGISTERED NUMBER: 08604408 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 JANUARY 2025 |

| FOR |

| FABERDEAN LIMITED |

FABERDEAN LIMITED (REGISTERED NUMBER: 08604408)

ABRIDGED BALANCE SHEET

31 January 2025

| 2025 |  | 2024

£ | £ |

CURRENT ASSETS

Debtors | 3,315,182 |  | 2,104,655 |  |

Cash at bank | 296 |  | 829 |  |

3,315,478 |  | 2,105,484 |  |

CREDITORS

Amounts falling due within one year | 3,761,906 |  | 2,384,111 |  |

NET CURRENT LIABILITIES | (446,428 | ) | (278,627 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (446,428 | ) | (278,627 | ) |

CREDITORS

Amounts falling due after more than one year | 7,182 |  | 13,333 |  |

NET LIABILITIES | (453,610 | ) | (291,960 | ) |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Retained earnings | (453,611 | ) | (291,961 | ) |

SHAREHOLDERS' FUNDS | (453,610 | ) | (291,960 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FABERDEAN LIMITED (REGISTERED NUMBER: 08604408)

ABRIDGED BALANCE SHEET - continued

31 January 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance sheet for the year ended 31 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 October 2025 and were signed by:

H J Lamprell - Director

FABERDEAN LIMITED (REGISTERED NUMBER: 08604408)

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 January 2025

1. | STATUTORY INFORMATION

| Faberdean Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 08604408 and the registered office is 30A Elm Hill, Norwich, Norfolk, England, NR3 1HG. The presentation currency of the financial statements is sterling.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| The financial statements have been prepared on a going concern basis which is dependent upon the continued support of the company's creditors and shareholders. The director is of the opinion that this support will continue over the next 12 months.

| The company has made loans to development companies. The accumulated losses primarily reflect management costs incurred which are to be invoiced upon project completion. The director considers that the current market value of those developments are significantly higher than both the loans made and the accumulated losses. On this basis, the director believes that it is appropriate for the financial statements to be prepared on the going concern basis.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

FABERDEAN LIMITED (REGISTERED NUMBER: 08604408)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 January 2025

2. | ACCOUNTING POLICIES - continued

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

4. | RELATED PARTY DISCLOSURES

| Faberdean Limited has provided loans to related companies under common control to finance development projects. As of the balance sheet date, the net outstanding balance of these loans was £2,082,718 (2024 - £1,910,200). The loans are due for repayment upon completion of the projects. The director considers the current market value of the development projects to be significantly higher than the outstanding loan balances.