Faides Limited - Accounts

	Registered number
	15088661

	Faides Limited
	Unaudited Accounts
	for the year ended
	31 August 2025

Faides Limited Balance Sheet as at 31 August 2025
	Notes		2025 £		2024 £
Fixed assets
Tangible assets	3		342,474		341,489
			342,474		341,489

Current assets
Debtors		2		2
Cash at bank and in hand		3,768		2,495
		3,770		2,497

Creditors: amounts falling due within one year		(119)		(0)

Net current assets / (liabilities)			3,651		2,497

Total assets less current liabilities			346,125		343,986

Creditors: amounts falling due after more than one year			(348,931)		(347,297)

Provisions for liabilities			(0)		(0)

Total net assets (liabilities)			(2,806)		(3,311)

Capital and reserves
Called up share capital			2		2
Profit and loss account			(2,808)		(3,313)
Shareholders' funds			(2,806)		(3,311)

These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 August 2025 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Mr F Chukuma

Director

Approved by the board on 23 May 2026

Company Number: 15088661 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

124-128 City Road
London
EC1V 2NX
England

1.	Accounting policies
	Basis of preparation of financial statements These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

	Tangible fixed assets depreciation policy
	Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.

Employees
	2025	2024
Average number of employees during the period	2	2

Tangible fixed assets
	Investment properties	Other	Total
Cost or valuation	£	£	£
At 1 September 2024	325,000	16,489	341,489
Additions	0	985	985
At 31 August 2025	325,000	17,474	342,474
Depreciation
At 31 August 2025	0	0	0
Net book value
At 31 August 2025	325,000	17,474	342,474
At 31 August 2024	325,000	16,489	341,489