FAROS CAPITAL LTD


Director	GRUSHETSKYI, Oleksandr


Registered Address	Office 7 35-37 Ludgate Hill
	London
	EC4M 7JN


Registered Number	12838854 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		2,535		5,345
			2,535		5,345
Current assets
Debtors		7,956		6,145
Cash at bank and on hand		133,764		53,801
		141,720		59,946
Creditors amounts falling due within one year	4	(47,927)		(38,560)
Net current assets (liabilities)			93,793		21,386
Total assets less current liabilities			96,328		26,731
Net assets			96,328		26,731
Capital and reserves
Called up share capital			100		100
Profit and loss account			96,228		26,631
Shareholders' funds			96,328		26,731

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 11 July 2026, and are signed on its behalf by:

GRUSHETSKYI, Oleksandr
Director
Registered Company No. 12838854

FAROS CAPITAL LTD

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Equipment is used in the company's principal activity for for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Equipment is used in the company's principal activity for  for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Fixtures and fittings	2
	Office Equipment	2

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	9		7

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 April 25	8,389	8,389
Disposals	(1,122)	(1,122)
At 31 March 26	7,267	7,267
Depreciation and impairment
At 01 April 25	3,044	3,044
Charge for year	3,481	3,481
On disposals	(1,793)	(1,793)
At 31 March 26	4,732	4,732
Net book value
At 31 March 26	2,535	2,535
At 31 March 25	5,345	5,345

4.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	644	957
Bank borrowings and overdrafts	-	65
Taxation and social security	46,142	36,897
Other creditors	1,141	641
Total	47,927	38,560

5.	Share capital
	Allotted, called up and fully paid 100 Ordinary shares of £1 each £100 The ordinary shares carry equal voting, dividend, and capital distribution rights. Shareholders: Link UK Accounting Ltd 50 50% F Hold Co Limited 50 50% No movements in the year.