Farthing Estates Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02954224 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Farthing Estates Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

W Morris

REGISTERED OFFICE:

Unit 5, Woodcote Mews

Chequers Lane

Walton on the Hill

Tadworth

Surrey

KT20 7ST

REGISTERED NUMBER:

02954224 (England and Wales)

CURRENT ASSETS

Debtors

5

1,759,871

1,386,788

Cash at bank

13,855

120,723

1,773,726

1,507,511

CREDITORS

Amounts falling due within one year

6

260,410

222,368

NET CURRENT ASSETS

1,513,316

1,285,143

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,513,316

1,285,143

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

1,513,216

1,285,043

SHAREHOLDERS' FUNDS

1,513,316

1,285,143

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 16 September 2026 and were signed by:

W Morris - Director

1.	STATUTORY INFORMATION

Farthing Estates Limited 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.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors , including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover, which represents the total amount of rent and service charges receivable, constitutes a single class of business carried on in the United Kingdom.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period af the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

COST

At 1 January 2025

and 31 December 2025

3,514

57,225

60,739

DEPRECIATION

At 1 January 2025

and 31 December 2025

3,514

57,225

60,739

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

47,807

1,235

Amounts owed by group undertakings

-

19,336

Other debtors

75

Amounts owed by related parties

1,705,055

1,359,949

Prepayments

6,934

6,193

1,759,871

1,386,788

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

6,486

687

Amounts owed to group undertakings

40,664

-

Tax

76,036

61,635

Other creditors

3,161

Amounts owed to related

parties

63,617

73,601

Accruals and deferred income

571

83,284

Deferred rent

69,875

-

260,410

222,368

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.25

31.12.24

£

Between one and five years

-

184,500

In more than five years

184,500

-

184,500

The company's leases of buildings are subject to a rent review every five years.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

100

Ordinary

1

100

9.

RESERVES

Retained

earnings

£

At 1 January 2025

1,285,043

Profit for the year

228,173

At 31 December 2025

1,513,216

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Crown House (Tadworth) Limited.