Company Registration No. 16265369 (England and Wales)
Faygrace Ltd
Unaudited accounts
for the year ended 28 February 2026
Faygrace Ltd
Unaudited accounts
Contents
Faygrace Ltd
Company Information
for the year ended 28 February 2026
Company Number
16265369 (England and Wales)
Registered Office
71 Baldwins Lane
Croxley Green
Rickmansworth
Hertfordshire
WD3 3LT
England
Accountants
Dempsey & Co
The Downshire
71 Baldwins Lane Croxley Green
Rickmansworth
Herts
WD3 3LT
Faygrace Ltd
Statement of financial position
as at 28 February 2026
Cash at bank and in hand
133,785
Creditors: amounts falling due within one year
(683,770)
Net current liabilities
(549,985)
Called up share capital
100
Profit and loss account
10,542
Shareholders' funds
10,642
For the year ending 28 February 2026 the company was entitled to exemption from audit 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 August 2026 and were signed on its behalf by
F Kenny
Director
Company Registration No. 16265369
Faygrace Ltd
Notes to the Accounts
for the year ended 28 February 2026
Faygrace Ltd is a private company, limited by shares, registered in England and Wales, registration number 16265369. The registered office is 71 Baldwins Lane, Croxley Green, Rickmansworth, Hertfordshire, WD3 3LT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents net invoiced sales of goods and services to customers, excluding Value Added Tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
These financial statements have been prepared on a going concern basis.
Faygrace Ltd
Notes to the Accounts
for the year ended 28 February 2026
4
Tangible fixed assets
Land & buildings
At 28 February 2026
560,627
At 28 February 2026
560,627
5
Creditors: amounts falling due within one year
2026
Taxes and social security
3,514
Loans from directors
677,636
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
7
Average number of employees
During the year the average number of employees was 0.