Farr Management Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 12028784

		31 March 2025		30 April 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		131		206

			131		206
CURRENT ASSETS
Debtors	5	16,934		12,446
Cash at bank and in hand		18,021		16,831

		34,955		29,277
Creditors: Amounts Falling Due Within One Year	6	(34,400 )		(19,679 )

NET CURRENT ASSETS (LIABILITIES)			555		9,598

TOTAL ASSETS LESS CURRENT LIABILITIES			686		9,804

NET ASSETS			686		9,804

CAPITAL AND RESERVES
Called up share capital	7		200		200
Profit and Loss Account			486		9,604

SHAREHOLDERS' FUNDS			686		9,804

For the period ending 31 March 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

R E Farr

Director

4 December 2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Farr Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12028784 . The registered office is C/O BWBCA Limited Office 44, A30 Business Centre, Okehampton, Devon, EX20 1BG.

The presentation currency of the financial statements is the Pound Sterling (£).

This accounting period is shorter than 12 months, therefore the comparatives are not directly comparable.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

33% on cost

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 material 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.

3. Average Number of Employees

Average number of employees during the period was: NIL (2024: NIL)

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Farr Management Limited

Notes to the Financial Statements (continued)

For the Period 1 May 2024 to 31 March 2025

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 May 2024	225

As at 31 March 2025	225

Depreciation
As at 1 May 2024	19
Provided during the period	75

As at 31 March 2025	94

Net Book Value
As at 31 March 2025	131

As at 1 May 2024	206

5. Debtors

	31 March 2025	30 April 2024
	£	£
Due within one year
Trade debtors	10,996	9,900
Other debtors	5,938	2,546

	16,934	12,446

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	30 April 2024
	£	£
Other creditors	1,646	16,083
Taxation and social security	32,754	3,596

	34,400	19,679

7. Share Capital

	31 March 2025	30 April 2024
Allotted, called up and fully paid	£	£
85 Ordinary A shares of £ 1.00 each	85	85
85 Ordinary B shares of £ 1.00 each	85	85
10 Ordinary C shares of £ 1.00 each	10	10
10 Ordinary D shares of £ 1.00 each	10	10
10 Ordinary E shares of £ 1.00 each	10	10

	200	200

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Farr Management Limited

Notes to the Financial Statements (continued)

For the Period 1 May 2024 to 31 March 2025

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 01 May 2024 £	Amounts advanced £	Amounts repaid £	Amounts written off £	As at 31 March 2025 £
R E Farr & O O Farr	(10,932)	123,871	109,198	-	3,741

Interest has been charged on overdrawn loan account balances at the approved HM Revenue & Customs rates. The loan was repaid shortly after the year end.

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