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Company Registration No. 09329936 (England and Wales)
FAVEL UK LTD Unaudited accounts for the year ended 31 March 2025
FAVEL UK LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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FAVEL UK LTD Company Information for the year ended 31 March 2025
Directors
Fabrizio Velardi Ekaterina Velardi
Company Number
09329936 (England and Wales)
Registered Office
31 RUSSELL ROAD WHALLEY RANGE MANCHESTER M16 8DJ UNITED KINGDOM
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FAVEL UK LTD Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
31,837
235
Current assets
Debtors
5
19,000
2,000
Cash at bank and in hand
15,770
17,073
34,770
19,073
Creditors: amounts falling due within one year
6
(26,877)
(16,760)
Net current assets
7,893
2,313
Total assets less current liabilities
39,730
2,548
Provisions for liabilities
Deferred tax
(20)
(40)
Net assets
39,710
2,508
Capital and reserves
Called up share capital
7
133
100
Profit and loss account
39,577
2,408
Shareholders' funds
39,710
2,508
For the year 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 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 20 January 2026 and were signed on its behalf by
Fabrizio Velardi Director Company Registration No. 09329936
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FAVEL UK LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
FAVEL UK LTD is a private company, limited by shares, registered in England and Wales, registration number 09329936. The registered office is 31 RUSSELL ROAD, WHALLEY RANGE, MANCHESTER, M16 8DJ, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 April 2024
3,139
Additions
33,037
At 31 March 2025
36,176
Depreciation
At 1 April 2024
2,904
Charge for the year
1,435
At 31 March 2025
4,339
Net book value
At 31 March 2025
31,837
At 31 March 2024
235
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
19,000
-
Other debtors
-
2,000
19,000
2,000
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FAVEL UK LTD Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
1,200
Taxes and social security
11,842
11,218
Loans from directors
5,485
10
Deferred income
9,550
4,332
26,877
16,760
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
33 Ordinary shares A of £1 each
33
-
133
100
Shares issued during the period:
33 Ordinary shares A of £1 each
33
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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