1 January 2025 false Taxfiler 2024.6 13820673 business:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 13820673 2024-12-31 13820673 2025-01-01 2025-12-31 13820673 business:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 13820673 business:FilletedAccounts 2025-01-01 2025-12-31 13820673 2025-12-31 13820673 business:Director1 2025-01-01 2025-12-31 13820673 business:Director2 2025-01-01 2025-12-31 13820673 business:RegisteredOffice 2025-01-01 2025-12-31 13820673 2024-12-31 13820673 core:WithinOneYear 2025-12-31 13820673 core:WithinOneYear 2024-12-31 13820673 core:ShareCapital core:PreviouslyStatedAmount 2025-12-31 13820673 core:ShareCapital core:PreviouslyStatedAmount 2024-12-31 13820673 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-12-31 13820673 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 13820673 core:PreviouslyStatedAmount 2025-12-31 13820673 core:PreviouslyStatedAmount 2024-12-31 13820673 business:SmallEntities 2025-01-01 2025-12-31 13820673 countries:EnglandWales 2025-01-01 2025-12-31 13820673 core:ComputerEquipment 2025-01-01 2025-12-31 13820673 core:IntangibleAssetsOtherThanGoodwill 2024-12-31 13820673 core:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 13820673 core:IntangibleAssetsOtherThanGoodwill 2025-12-31 13820673 core:FurnitureFittings 2024-12-31 13820673 core:ComputerEquipment 2024-12-31 13820673 core:FurnitureFittings 2025-12-31 13820673 core:ComputerEquipment 2025-12-31 13820673 core:FurnitureFittings 2025-01-01 2025-12-31 13820673 core:AfterOneYear 2025-12-31 13820673 core:AfterOneYear 2024-12-31 13820673 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 13820673 (England and Wales)
FAREFORYOU LIMITED Unaudited accounts for the year ended 31 December 2025
FAREFORYOU LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
FAREFORYOU LIMITED Company Information for the year ended 31 December 2025
Directors
Mr.Mohamed Razvan KHAN Shaheera Zulaika ABDUL HABEEB KHAN, S
Company Number
13820673 (England and Wales)
Registered Office
Unit221, Barking Enterprise Centre, 50 Cambridge Road, Barking IG118FG United Kingdom
Accountants
Farshan & Co Accountants & Tax Advisers Suite 1, 2 Britannia Street Leicester LE1 3LE
- 3 -
FAREFORYOU LIMITED Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
8,107
-
Tangible assets
5
1,737
2,118
9,844
2,118
Current assets
Debtors
6
40,053
42,952
Cash at bank and in hand
4,938
5,620
44,991
48,572
Creditors: amounts falling due within one year
7
(2,785)
(4,395)
Net current assets
42,206
44,177
Net assets
52,050
46,295
Capital and reserves
Called up share capital
30,000
30,000
Profit and loss account
22,050
16,295
Shareholders' funds
52,050
46,295
For the year ending 31 December 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 23 April 2026 and were signed on its behalf by
Mr.Mohamed Razvan KHAN Director Company Registration No. 13820673
- 4 -
FAREFORYOU LIMITED Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
FAREFORYOU LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13820673. The registered office is Unit221,, Barking Enterprise Centre,, 50 Cambridge Road,, Barking, IG118FG, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Computer equipment
18%
Intangible fixed assets
Website and software development costs are capitalised as intangible assets where they meet the recognition criteria. Amortisation is charged on a straight-line basis over 5 years, which reflects the directors’ estimate of the period over which the assets are expected to generate economic benefits. The useful economic life and residual values are reviewed annually and revised where necessary.
- 5 -
FAREFORYOU LIMITED Notes to the Accounts for the year ended 31 December 2025
4
Intangible fixed assets
Other
£
Cost
At 1 January 2025
-
Additions
10,134
At 31 December 2025
10,134
Amortisation
At 1 January 2025
-
Charge for the year
2,027
At 31 December 2025
2,027
Net book value
At 31 December 2025
8,107
Website and software development costs are capitalised as intangible assets where they meet the recognition criteria. Amortisation is charged on a straight-line basis over 5 years, which reflects the directors’ estimate of the period over which the assets are expected to generate economic benefits. The useful economic life and residual values are reviewed annually and revised where necessary.
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2025
230
3,293
3,523
At 31 December 2025
230
3,293
3,523
Depreciation
At 1 January 2025
64
1,341
1,405
Charge for the year
30
351
381
At 31 December 2025
94
1,692
1,786
Net book value
At 31 December 2025
136
1,601
1,737
At 31 December 2024
166
1,952
2,118
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
5,053
9,167
Amounts falling due after more than one year
Other debtors
35,000
33,785
- 6 -
FAREFORYOU LIMITED Notes to the Accounts for the year ended 31 December 2025
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
2,135
3,732
Taxes and social security
-
156
Other creditors
650
507
2,785
4,395
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 7 -