REGISTERED NUMBER: 03564815 (England and Wales)

Financial Statements for the Year Ended 30 September 2025

for

Farsan Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

Mr Nainesh Kumar Patel

Mrs Kashmira Patel

Mr Nikesh Nainesh Patel

Mr Nikul Nainesh Patel

SECRETARY:

Mrs Kashmira Patel

REGISTERED OFFICE:

7 Ash Street

Leicester

Leicestershire

LE5 0DA

REGISTERED NUMBER:

03564815 (England and Wales)

FIXED ASSETS

Property, plant and equipment

4

1,480,649

1,406,792

CURRENT ASSETS

Inventories

620,896

512,745

Debtors

5

434,104

396,243

Cash at bank and in hand

7,248

31,390

1,062,248

940,378

CREDITORS

Amounts falling due within one year

6

1,128,356

1,041,438

NET CURRENT LIABILITIES

(66,108

)

(101,060

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,414,541

1,305,732

CREDITORS

Amounts falling due after more than one year

7

(59,836

)

(36,457

)

PROVISIONS FOR LIABILITIES

(72,767

)

(72,767

)

NET ASSETS

1,281,938

1,196,508

CAPITAL AND RESERVES

Called up share capital

9

10,000

10,000

Revaluation reserve

10

805,128

805,128

Retained earnings

466,810

381,380

SHAREHOLDER FUNDS

1,281,938

1,196,508

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2026 and were signed on its behalf by:

Mr Nainesh Kumar Patel - Director

1.	STATUTORY INFORMATION

Farsan Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net sales of invoiced goods and services excluding Value Added Tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance and 10% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Going concern

These accounts have been prepared on a going concern basis. This is dependent on the continuing support of the directors and shareholders. The directors and shareholders have confirmed that they will not be seeking repayment of their loans for the foreseeable future, and until such time that there are sufficient reserves within shareholders fund to do so.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2024 - 30 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2024

1,224,285

752,232

1,976,517

Additions

-

139,887

139,887

At 30 September 2025

1,224,285

892,119

2,116,404

DEPRECIATION

At 1 October 2024

224,285

345,440

569,725

Charge for year

-

66,030

66,030

At 30 September 2025

224,285

411,470

635,755

NET BOOK VALUE

At 30 September 2025

1,000,000

480,649

1,480,649

At 30 September 2024

1,000,000

406,792

1,406,792

Freehold property includes the property at revalued amount of £1,000,000 (Y/E: 30.09.2024) which is not depreciated as permissible under FRS 102.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

379,580

329,125

Other debtors

54,524

67,118

434,104

396,243

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts

377,654

367,849

Trade creditors

551,945

530,118

Taxation and social security

26,071

12,547

Other creditors

172,686

130,924

1,128,356

1,041,438

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans

-

36,457

Hire purchase contracts

59,836

-

59,836

36,457

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.25

30.9.24

£

£

Bank overdrafts

334,402

300,787

Bank loans

43,252

103,519

377,654

404,306

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

10,000

Ordinary

1

10,000

10,000

10.

RESERVES

Revaluation

reserve

£

At 1 October 2024

and 30 September 2025

805,128

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Farsan Ltd for the year ended 30 September 2025 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Farsan Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Farsan Ltd and state those matters that we have agreed to state to the Board of Directors of Farsan Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Farsan Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Farsan Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Farsan Ltd. You consider that Farsan 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 financial statements of Farsan 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 financial statements.

Date: .............................................