Company Registration No. 10617174 (England and Wales)
Farrar Planning Limited
Unaudited accounts
for the year ended 31 March 2022
Farrar Planning Limited
Unaudited accounts
Contents
Farrar Planning Limited
Company Information
for the year ended 31 March 2022
Company Number
10617174 (England and Wales)
Registered Office
APARTMENT 157 BUILDING 50
ARGYLL ROAD
LONDON
SE18 6PL
ENGLAND
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Farrar Planning Limited
Statement of financial position
as at 31 March 2022
Cash at bank and in hand
11,043
22,412
Creditors: amounts falling due within one year
(12,511)
(22,334)
Net current assets
4,279
78
Called up share capital
100
100
Profit and loss account
4,708
908
Shareholders' funds
4,808
1,008
For the year ending 31 March 2022 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 his 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 19 August 2022 and were signed on its behalf by
Mr J Farrar
Director
Company Registration No. 10617174
Farrar Planning Limited
Notes to the Accounts
for the year ended 31 March 2022
Farrar Planning Limited is a private company, limited by shares, registered in England and Wales, registration number 10617174. The registered office is APARTMENT 157 BUILDING 50, ARGYLL ROAD, LONDON, SE18 6PL, 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 remained unchanged from the previous year, and also 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.
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:
Plant & machinery
25% cost
Computer equipment
25 % cost
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Farrar Planning Limited
Notes to the Accounts
for the year ended 31 March 2022
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2021
1,022
908
1,930
At 31 March 2022
1,022
908
1,930
At 1 April 2021
847
153
1,000
Charge for the year
175
226
401
At 31 March 2022
1,022
379
1,401
At 31 March 2022
-
529
529
At 31 March 2021
175
755
930
5
Debtors: amounts falling due within one year
2022
2021
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
12,433
21,572
Loans from directors
48
732
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).
