Farr Formes Limited 30/04/2025 iXBRL

Company registration number: 03189961

FARR FORMES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 April 2025

FARR FORMES LIMITED

Contents

Directors report

Accountant's report

Statement of financial position

Notes to the financial statements

FARR FORMES LIMITED

Directors report

Year ended 30 April 2025

The directors present their report and the unaudited financial statements of the company for the year ended 30 April 2025.

Directors

The directors who served the company during the year were as follows:

Mr C.T Farr

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 24 October 2025 and signed on behalf of the board by:

Mr C.T Farr

Director

FARR FORMES LIMITED

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Farr Formes Limited

Year ended 30 April 2025

As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 30 April 2025 which comprise the statement of financial position and related notes.

You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.

R M F Pola FCA

Jenemi Associates Limited

2 Low Road

Congham

Kings Lynn

Norfolk

PE32 1AE

24 October 2025

FARR FORMES LIMITED

Statement of financial position

30 April 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	6	435,144		474,275
		_______		_______
			435,144		474,275

Current assets
Stocks		62,000		78,000
Debtors	7	80,675		92,911
Cash at bank and in hand		10,987		9,329
		_______		_______
		153,662		180,240
Creditors: amounts falling due
within one year	8	( 230,633)		( 341,893)
		_______		_______
Net current liabilities			( 76,971)		( 161,653)
			_______		_______
Total assets less current liabilities			358,173		312,622

Creditors: amounts falling due
after more than one year	9		( 161,339)		( 63,215)

Provisions for liabilities	10		( 76,854)		( 83,259)

			_______		_______
Net assets			119,980		166,148
			_______		_______

Capital and reserves
Called up share capital	12		10,000		10,000
Profit and loss account			109,980		156,148
			_______		_______
Shareholders funds			119,980		166,148
			_______		_______

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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

These financial statements were approved by the board of directors and authorised for issue on 24 October 2025 , and are signed on behalf of the board by:

Mr C.T Farr

Director

Company registration number: 03189961

FARR FORMES LIMITED

Notes to the financial statements

Year ended 30 April 2025

1. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

2. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Leasehold properties	-	Straight line over the life of the lease
Plant and machinery	-	10 %	reducing balance
Fittings fixtures and equipment	-	15 %	reducing balance
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

3. Turnover

The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

4. Profit before taxation

Profit before taxation is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible assets	29,946	32,200
Impairment of tangible assets	9,185	10,838
	_______	_______

5. Tax on profit

Major components of tax expense/income

	2025	2024
	£	£
Current tax:
UK current tax expense	6,556	-
	_______	_______

Deferred tax:
Origination and reversal of timing differences	( 6,405)	( 5,392)
	_______	_______
Tax on profit	151	( 5,392)
	_______	_______

6. Tangible assets

	Short leasehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 May 2024 and 30 April 2025	19,588	1,357,035	109,240	75,686	1,561,549
	_______	_______	_______	_______	_______
Depreciation
At 1 May 2024	11,937	929,229	100,982	45,126	1,087,274
Charge for the year	306	29,946	1,239	7,640	39,131
	_______	_______	_______	_______	_______
At 30 April 2025	12,243	959,175	102,221	52,766	1,126,405
	_______	_______	_______	_______	_______
Carrying amount
At 30 April 2025	7,345	397,860	7,019	22,920	435,144
	_______	_______	_______	_______	_______
At 30 April 2024	7,651	427,806	8,258	30,560	474,275
	_______	_______	_______	_______	_______

Obligations under finance leases

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:


	Plant and machinery	Motor vehicles
	£	£
At 30 April 2025	50,697	21,660
	_______	_______
At 30 April 2024	54,513	28,880
	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	59,339	71,036
Other debtors	21,336	21,875
	_______	_______
	80,675	92,911
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	129,167	204,813
Corporation tax	7,459	903
Social security and other taxes	34,996	75,152
Other creditors	59,011	61,025
	_______	_______
	230,633	341,893
	_______	_______

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	11,667	21,667
Other creditors	149,672	41,548
	_______	_______
	161,339	63,215
	_______	_______

10. Provisions

	Deferred tax (note 11)	Total
	£	£
At 1 May 2024	83,259	83,259
Additions	( 6,405)	( 6,405)
	_______	_______
At 30 April 2025	76,854	76,854
	_______	_______

11. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note 10)	76,854	83,259
	_______	_______

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	76,854	83,259
	_______	_______

12. Called up share capital

Authorised share capital

	2025		2024
	No	£	No	£
Ordinary shares of £ 1.00 each	100,000	100,000	100,000	100,000
	_______	_______	_______	_______
Issued, called up and fully paid
	2025		2024
	No	£	No	£
Ordinary shares of £ 1.00 each	10,000	10,000	10,000	10,000
	_______	_______	_______	_______