REGISTERED NUMBER: 03769797 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

FOR

FARM PLACE ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Foster

A Foster

H Foster

J Foster

REGISTERED OFFICE:

15 West Street

Brighton

East Sussex

BN1 2RL

REGISTERED NUMBER:

03769797 (England and Wales)

ACCOUNTANTS:

Galloways Accounting Limited

15 West Street

Brighton

East Sussex

BN1 2RL

CURRENT ASSETS

Debtors

5

3,513

4,612

Cash at bank

1,750

227

5,263

4,839

CREDITORS

Amounts falling due within one year

6

(13,652

)

(12,265

)

NET CURRENT LIABILITIES

(8,389

)

(7,426

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,389

)

(7,426

)

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

(8,393

)

(7,430

)

(8,389

)

(7,426

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 23 September 2026 and were signed on its behalf by:

P Foster - Director

1.	STATUTORY INFORMATION

Farm Place Associates 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents the provision of Management consulting services, and is recognised upon completion of performance obligations.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.

Going concern

After reviewing the company's forecasts, the directors have confirmed they will continue to support the company so it will continue to meet its obligations as they fall due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 June 2025

and 31 May 2026

1,480

DEPRECIATION

At 1 June 2025

and 31 May 2026

1,480

NET BOOK VALUE

At 31 May 2026

-

At 31 May 2025

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

-

1,099

Directors' current accounts

3,494

3,494

Tax

19

19

3,513

4,612

The amount due from the director is interest free and repayable on demand.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

210

-

Directors' current accounts

12,386

11,425

Accruals and deferred income

1,056

840

13,652

12,265

The amount due to the director is interest free and repayable on demand.

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2026 and 31 May 2025:

2026

2025

£

£

H Foster

Balance outstanding at start of year

(3,494

)

(3,067

)

Amounts advanced

-

1,016

Amounts repaid

-

(1,443

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,494

)

(3,494

)