2025-04-01 2026-03-31 31 March 2026 Favours Inc LLP OC430997 false Olaitan Johnson Abimbola 22 July 2026 22 July 2026 The principal activity of the company continued to be Property Investment.11 Ruskin Drive Welling DA16 3QH 0 0 Ajaccts Software 3.1.0 beta OC430997 bus:FilletedAccounts 2025-04-01 2026-03-31 OC430997 bus:FRS102 2025-04-01 2026-03-31 OC430997 bus:LimitedLiabilityPartnershipLLP 2025-04-01 2026-03-31 OC430997 bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 OC430997 core:PlantMachinery 2025-03-31 OC430997 core:InvestmentPropertyIncludedWithinPPE 2025-03-31 OC430997 core:LandBuildings 2025-03-31 OC430997 core:FurnitureFittingsToolsEquipment 2025-03-31 OC430997 core:Vehicles 2025-03-31 OC430997 core:ComputerEquipment 2025-03-31 OC430997 core:PlantMachinery 2026-03-31 OC430997 core:InvestmentPropertyIncludedWithinPPE 2026-03-31 OC430997 core:LandBuildings 2026-03-31 OC430997 core:FurnitureFittingsToolsEquipment 2026-03-31 OC430997 core:Vehicles 2026-03-31 OC430997 core:ComputerEquipment 2026-03-31 OC430997 2024-04-01 OC430997 core:DevelopmentCostsPatentsSimilar 2025-04-01 2026-03-31 OC430997 core:DevelopmentCostsPatentsSimilar 2026-03-31 OC430997 core:DevelopmentCostsPatentsSimilar 2025-03-31 OC430997 core:DividendsProposed 2025-04-01 2026-03-31 OC430997 core:DividendsProposed 2024-04-01 2025-03-31 OC430997 core:LandBuildings 2024-04-01 2025-03-31 OC430997 core:PlantMachinery 2024-04-01 2025-03-31 OC430997 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 OC430997 core:Vehicles 2024-04-01 2025-03-31 OC430997 core:ComputerEquipment 2024-04-01 2025-03-31 OC430997 core:InvestmentPropertyIncludedWithinPPE 2025-04-01 2026-03-31 OC430997 core:LandBuildings 2025-04-01 2026-03-31 OC430997 core:PlantMachinery 2025-04-01 2026-03-31 OC430997 core:FurnitureFittingsToolsEquipment 2025-04-01 2026-03-31 OC430997 core:Vehicles 2025-04-01 2026-03-31 OC430997 core:ComputerEquipment 2025-04-01 2026-03-31 OC430997 core:ComputerEquipment 2024-04-01 OC430997 core:ComputerEquipment 2025-04-01 OC430997 2025-03-31 OC430997 bus:Consolidated 2025-03-31 OC430997 2026-03-31 OC430997 bus:Consolidated 2026-03-31 OC430997 2024-04-01 2025-03-31 OC430997 bus:Consolidated 2024-04-01 2025-03-31 OC430997 2025-04-01 2026-03-31 OC430997 bus:Consolidated 2025-04-01 2026-03-31 OC430997 bus:CompanySecretaryDirector1 2025-04-01 2026-03-31 OC430997 bus:Director1 2025-04-01 2026-03-31 OC430997 bus:Director2 2025-04-01 2026-03-31 OC430997 bus:Director3 2025-04-01 2026-03-31 OC430997 bus:Director4 2025-04-01 2026-03-31 OC430997 bus:Director5 2025-04-01 2026-03-31 OC430997 bus:Director6 2025-04-01 2026-03-31 OC430997 bus:Director7 2025-04-01 2026-03-31 OC430997 bus:Director8 2025-04-01 2026-03-31 OC430997 bus:Director9 2025-04-01 2026-03-31 OC430997 bus:Director10 2025-04-01 2026-03-31 OC430997 bus:Director11 2025-04-01 2026-03-31 OC430997 bus:Director12 2025-04-01 2026-03-31 OC430997 bus:Director13 2025-04-01 2026-03-31 OC430997 bus:Director14 2025-04-01 2026-03-31 OC430997 bus:Director15 2025-04-01 2026-03-31 OC430997 bus:Director16 2025-04-01 2026-03-31 OC430997 bus:Director17 2025-04-01 2026-03-31 OC430997 bus:Director18 2025-04-01 2026-03-31 OC430997 bus:Director19 2025-04-01 2026-03-31 OC430997 bus:Director20 2025-04-01 2026-03-31 OC430997 2025-04-01 2026-03-31 OC430997 bus:CompanySecretaryDirector1 2026-03-31 OC430997 bus:Director1 2026-03-31 OC430997 bus:Director2 2026-03-31 OC430997 bus:CompanySecretaryDirector1 2025-04-01 2026-03-31 OC430997 bus:Director1 2025-04-01 2026-03-31 OC430997 bus:Director2 2025-04-01 2026-03-31 OC430997 2025-04-01 2026-03-31 OC430997 bus:CompanySecretaryDirector1 2025-03-31 OC430997 bus:Director1 2025-03-31 OC430997 bus:Director2 2025-03-31 OC430997 bus:EntityAccountantsOrAuditors 2025-04-01 2026-03-31 OC430997 bus:EntityAccountantsOrAuditors 2025-04-01 2026-03-31 OC430997 bus:EntityAccountantsOrAuditors 2026-03-31 OC430997 bus:RegisteredOffice 2025-04-01 2026-03-31 OC430997 bus:EntityBankers 2025-04-01 2026-03-31 OC430997 bus:EntityLawyersOrLegalAdvisers 2025-04-01 2026-03-31 xbrli:pure iso4217:GBP xbrli:shares

Filleted Unaudited Financial Statements
for
Favours Inc LLP
Statement of Financial Position
at 31 March 2026
| Note | 2026 | 2025
| £ | £
Fixed Assets
Intangible assets |  | - | -
Tangible assets | 5 | - | -
Investments |  | 884,000 | 884,000
|  | 884,000 |  | 884,000
Current assets
Stocks |  | - |  | - |
Debtors | 3 | 178 |  | 100 |
Cash at bank and in hand |  | 36,524 |  | 36,917 |
| 36,702 |  | 37,017 |
Creditors: amounts falling due within one year | 4 | (1,894) |  | (1,625) |
Net current assets |  | 34,808 |  | 35,392
Total assets less current liabilities |  | 918,808 |  | 919,392
Creditors: amounts falling due after more than one year |  | (551,910) | (549,661)
Net Assets |  | 366,898 |  | 369,731
Members' Interests
Capital Accounts |  | - | -
Profit and Loss account |  | 366,898 | 369,731
Total Equity |  |  | 366,898 |  | 369,731
Statement of Accordance with Small Companies regime, and Audit not required
The LLP members confirm that financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLP regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The LLP members confirm that the LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The LLP members have not required the partnership to obtain an audit of its accounts for the year in question in accordance with section 476. No audit has been obtained
The LLP members acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The income statement and directors report have not been delivered to the Registrar of Companies in accordance with the special provisions applicable to the small LLP regime.
Other Footnotes
None
Signature of Statement of Financial Position
Signed by
Designated Member | Olaitan Johnson Abimbola
Approved by the members, | 22 July 2026
Notes to the financial statements
at 31 March 2026
1. General Information
Favours Inc LLP is a Limited liability partnership in the United Kingdom and registered in England and Wales.
Registered Office Address:
Favours Inc LLP
11 Ruskin Drive
Welling
DA16 3QH
2. Basis of Preparation and Policies
The financial statements are prepared under the historical cost convention and in accordance with FRS 102 section 1A, the Financial Reporting Standard applicable in the UK and Republic of Ireland applicable to Smaller Entities.
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
Statement of Cash flows
Exempt from cash flow statement requirement : true
Accounting Policies
Turnover
Turnover represents revenue earned during the period, net of Value Added Tax.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery -- over a period of between 2 and 5 years straight line
Computer equipment -- over a period of 3 years straight line
Motor vehicles -- over a period of between 2 and 5 years straight line
The carrying values of tangible fixed assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.
Other
3. Analysis of Debtors
Short term debtors : Trade Debtors
| 2026 | 2025
| £ | £
| - | -
Short term debtors : Prepayments
| 2026 | 2025
| £ | £
| 178 | 100
Short term debtors : Others
| 2026 | 2025
| £ | £
| - | -
4. Analysis of Creditors
Short term creditors : Trade Creditors
| 2026 | 2025
| £ | £
| - | -
Short term creditors : Accruals/Deferred Income
| 2026 | 2025
| £ | £
| 294 | 225
Short term creditors : Bank Overdraft
| 2026 | 2025
| £ | £
| - | -
Short term creditors : Other Loan/HP
| 2026 | 2025
| £ | £
| - | -
Short term creditors : Corporation Tax
| 2026 | 2025
| £ | £
| - | -
Short term creditors : VAT/Social Security
| 2026 | 2025
| £ | £
| - | -
Short term creditors : Others
| 2026 | 2025
| £ | £
| 1,600 | 1,400
Long term creditors (incl. Directors Loans)
| 2026 | 2025
| £ | £
| 551,910 | 549,661
5. Tangible fixed assets
| Investments/Property | Plant Machinery | Fixts, Fittings, Equipment | Computer Equipment | Vehicles | Total
| £ | £ | £ | £ | £ | £
Cost
At 31 March 2025 | 884,000 | 0 | 0 | 0 | 0 | 884,000
Additions | 0 | 0 | 0 | 0 | 0 | 0
Disposals | (0) | (0) | (0) | (0) | (0) | (0)
Revaluations | 0 | 0 | 0 | 0 | 0 | 0
At 31 March 2026 | 884,000 | 0 | 0 | 0 | 0 | 884,000
Depreciation/Impairment
At 31 March 2025 | 0 | 0 | 0 | 0 | 0 | 0
Charge for the year | 0 | 0 | 0 | 0 | 0 | 0
Eliminated this year | (0) | (0) | (0) | (0) | (0) | (0)
At 31 March 2026 | 0 | 0 | 0 | 0 | 0 | 0
Net book value
At 31 March 2025 | 884,000 | 0 | 0 | 0 | 0 | 884,000
At 31 March 2026 | 884,000 | 0 | 0 | 0 | 0 | 884,000
6. Other Notes
The average number of employees in the year was 0 (Previous: 0)
End of Notes to Financial Statements