Company registration number 11550311 (England and Wales)
FARNLEY INVESTMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
FARNLEY INVESTMENTS LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 6
FARNLEY INVESTMENTS LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2025
30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
710,986
687,442
Current assets
Cash at bank and in hand
354
636
Creditors: amounts falling due within one year
5
(45,099)
(1,462)
Net current liabilities
(44,745)
(826)
Total assets less current liabilities
666,241
686,616
Creditors: amounts falling due after more than one year
6
-
0
(60,913)
Net assets
666,241
625,703
Capital and reserves
Called up share capital
7
492,967
500,300
Profit and loss reserves
173,274
125,403
Total equity
666,241
625,703

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the board of directors and authorised for issue on 22 June 2026 and are signed on its behalf by:
G K Smith
Director
Company registration number 11550311 (England and Wales)
FARNLEY INVESTMENTS LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 1 October 2023
500,300
56,143
556,443
Year ended 30 September 2024:
Profit and total comprehensive income
-
69,260
69,260
Balance at 30 September 2024
500,300
125,403
625,703
Year ended 30 September 2025:
Profit and total comprehensive income
-
47,871
47,871
Redemption of shares
7
(7,333)
-
0
(7,333)
Balance at 30 September 2025
492,967
173,274
666,241
FARNLEY INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 3 -
1
Accounting policies
Company information

Farnley Investments Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Oaks, 3 Village Road, West Kirby, Wirral, CH48 3JN.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of investments held at fair value. The principal accounting policies adopted are set out below.

1.2
Revenue

Turnover is recognised at the fair value of the investment income receivable in the period.

1.3
Fixed asset investments

Investments are initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date, Changes in fair value are recognised in profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

FARNLEY INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 4 -
Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.8
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
FARNLEY INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 5 -
3
Fixed asset investments
2025
2024
£
£
Other investments other than loans
710,986
687,442
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 October 2024
687,442
Valuation changes
28,483
Net cash movements
(4,939)
At 30 September 2025
710,986
Carrying amount
At 30 September 2025
710,986
At 30 September 2024
687,442
4
Financial instruments
2025
2024
£
£
Carrying amount of financial assets include:
Instruments measured at fair value through profit or loss
710,986
687,442
5
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
45,099
1,462
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
-
0
60,913
FARNLEY INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 6 -
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
72 Ordinary A Shares of £1 each of £1 each
72
72
72
72
72 Ordinary B Shares of £1 each of £1 each
72
72
72
72
30 Ordinary C Shares of £1 each of £1 each
30
30
30
30
30 Ordinary D Shares of £1 each of £1 each
30
30
30
30
30 Ordinary E Shares of £1 each of £1 each
30
30
30
30
66 Ordinary F Shares of £1 each of £1 each
66
66
66
66
300
300
300
300
2025
2024
2025
2024
Preference share capital
Number
Number
£
£
Issued and fully paid
Redeemable preference shares of £1 each
500,000
500,000
500,000
500,000
Preference shares classified as equity
492,667
500,000
Preference shares redeemed in year
7,333
-
500,000
500,000
Total equity share capital
492,967
500,300

All ordinary shares carry a full right to vote and to participate in dividends and distributions but constitute a separate class of ordinary shares.

The preference shares are non-voting shares which do not entitle the holder to a preferred dividend. They are redeemable at any time at the option of the company on payment of the nominal value of the shares plus any arrears of dividends and entitling their holders to be paid out the nominal value of the shares first on a return of assets on liquidation, capital reduction or otherwise, other than a conversion or purchase of shares.

8
Directors' transactions

Included within other creditors is an amount due to the directors of £nil (2024: £60,913). Interest is accrued daily at 2.74% per annum.

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