The company has entered into a lease agreement in respect to equipment hire and has financial commitments at the balance sheet date of £297 (2024 - £297).

The average number of persons, including directors, employed by the company during the year was as follows:

At 31 March 2025, the company had net current liabilities of £149,598 (2024 - £180,355) and net liabilities of £70,029 (2024 - £83,445). Included within creditors due within one year of £207,291 (2024 - £260,108) are amounts due to related parties of £151,579 (2024 - £219,369). Although these loans are repayable on demand, repayment will not be sought until the company has sufficient funds to enable it to do so. The director of the company has reviewed its financial performance and position in light of general economic conditions. Whilst the director is aware of the uncertainties this creates, post balance sheet trading and ongoing support from its director and related entities mean that the company has sufficient resources to enable it to continue its operating effectively and settling its liabilities as they fall due for at least 12 months from the date of approval of these financial statements. Consequently, the company's financial statements have been prepared on the basis that the company is a going-concern.

Farrands Limited is a private company limited by shares incorporated in England and Wales. The registered office is Riverside West, Whitehall Road, Leeds, LS1 4AW.

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true