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Company Registration No. 14635218 (England and Wales)
Far View Crescent Ltd Unaudited accounts for the year ended 31 August 2025
Far View Crescent Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Far View Crescent Ltd Company Information for the year ended 31 August 2025
Director
David Andrew Stansfield
Company Number
14635218 (England and Wales)
Registered Office
10 NILE ROAD ILKLEY LS29 8HJ ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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Far View Crescent Ltd Accountants' report
Accountants' report to the director of Far View Crescent Ltd on the preparation of the unaudited statutory accounts for the year ended 31 August 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Far View Crescent Ltd for the year ended 31 August 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Far View Crescent Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Far View Crescent Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Far View Crescent Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Far View Crescent Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Far View Crescent Ltd. You consider that Far View Crescent Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Far View Crescent Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 8 April 2026
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Far View Crescent Ltd Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
651,900
650,000
Current assets
Cash at bank and in hand
26
67
Creditors: amounts falling due within one year
5
(123,590)
(566,055)
Net current liabilities
(123,564)
(565,988)
Total assets less current liabilities
528,336
84,012
Creditors: amounts falling due after more than one year
6
(517,717)
-
Provisions for liabilities
Deferred tax
(2,655)
(21,003)
Net assets
7,964
63,009
Capital and reserves
Called up share capital
1
1
Revaluation reserve
123,123
123,123
Profit and loss account
(115,160)
(60,115)
Shareholders' funds
7,964
63,009
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 21 April 2026 and were signed on its behalf by
David Andrew Stansfield Director Company Registration No. 14635218
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Far View Crescent Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Far View Crescent Ltd is a private company, limited by shares, registered in England and Wales, registration number 14635218. The registered office is 10 NILE ROAD, ILKLEY, LS29 8HJ, ENGLAND.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2025
£
Fair value at 1 September 2024
650,000
Additions
1,900
At 31 August 2025
651,900
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
460,000
Amounts owed to group undertakings and other participating interests
86,811
43,441
Other creditors
3,806
3,592
Loans from directors
30,861
10,591
Accruals
2,112
48,431
123,590
566,055
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Far View Crescent Ltd Notes to the Accounts for the year ended 31 August 2025
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
517,717
-
Aggregate of amounts that fall due for payment after five years
517,717
-
Included in long-term liabilities is a bank loan secured on the investment property. A personal guarantee has been provided.
7
Transactions with related parties
Included in current liabilities are loans from group companies of £86,811 (2024 - £43,441). The loans are interest-free and repayable on demand.
8
Controlling party
Tailored Property Investments Ltd 20 Arkendale Court High Royds Drive Menston West Yorkshire LS29 6QY
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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