S FARRAR PROPERTIES LTD


Director	FARRAR, Shaun David


Registered Address	15 - 17 West Derby Village
	Liverpool
	L12 5HJ


Registered Number	11100842 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,526		-
Investments	4		1,770,159		1,407,181
			1,771,685		1,407,181
Current assets
Debtors	5	3,052		7,683
Cash at bank and on hand		187,918		24,163
		190,970		31,846
Creditors amounts falling due within one year	6	(1,021,358)		(602,331)
Net current assets (liabilities)			(830,388)		(570,485)
Total assets less current liabilities			941,297		836,696
Creditors amounts falling due after one year	7		(411,266)		(389,305)
Provisions for liabilities	8		(382)		-
Net assets			529,649		447,391
Capital and reserves
Called up share capital			100		100
Profit and loss account			529,549		447,291
Shareholders' funds			529,649		447,391

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 28 August 2026, and are signed on its behalf by:

FARRAR, Shaun David
Director
Registered Company No. 11100842

S FARRAR PROPERTIES LTD

Notes to the Financial Statements
for the year ended 31 December 2025

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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or 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 and less any accumulated impairment losses. 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. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or 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 and less any accumulated impairment losses. 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)
	Office Equipment	5

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		1

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
Additions	1,665	1,665
At 31 December 25	1,665	1,665
Depreciation and impairment
Charge for year	139	139
At 31 December 25	139	139
Net book value
At 31 December 25	1,526	1,526
At 31 December 24	-	-

4.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 January 25	1,407,181	1,407,181
Additions	362,978	362,978
At 31 December 25	1,770,159	1,770,159
Net book value
At 31 December 25	1,770,159	1,770,159
At 31 December 24	1,407,181	1,407,181

	Notes
	¹Investments in group undertakings and participating interests

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	1,795
Other debtors	3,052	5,888
Total	3,052	7,683

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	2,803	4,173
Bank borrowings and overdrafts	279,701	200,833
Amounts owed to related parties	451,299	377,702
Taxation and social security	6,898	12,921
Other creditors	278,457	4,702
Accrued liabilities and deferred income	2,200	2,000
Total	1,021,358	602,331

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	411,266	389,305
Total	411,266	389,305

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	382	-
Total	382	-