E P FARR LIMITED

E P FARR LIMITED

E P FARR LIMITED - Company Information

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E P FARR LIMITED

Company Registration Number:
00939984 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2022

Period of accounts

Start date: 01 October 2021

End date: 30 September 2022

E P FARR LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2022

Balance sheet
Notes

E P FARR LIMITED

Balance sheet

As at 30 September 2022


Notes
2022
2021


£
£
Fixed assets
Investments: 3 0 375,000
Total fixed assets: 0 375,000
Current assets
Debtors: 4 304,638 2,527
Total current assets: 304,638 2,527
Net current assets (liabilities): 304,638 2,527
Total assets less current liabilities: 304,638 377,527
Total net assets (liabilities): 304,638 377,527
Capital and reserves
Called up share capital: 304,638 304,638
Revaluation reserve:5078,429
Profit and loss account: 0 (5,540)
Shareholders funds: 304,638 377,527

The notes form part of these financial statements

E P FARR LIMITED

Balance sheet statements

For the year ending 30 September 2022 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 10 March 2023
and signed on behalf of the board by:

Name: R B Jordan
Status: Director

The notes form part of these financial statements

E P FARR LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents rental and related income and service charges receivable, net of value added tax. Revenue is recognised on an accruals basis, accounted for in the period to which its relates.

Valuation and information policy

Investment property is carried at fair value determined annually by external or internal valuers as deemed appropriate and is derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Comprehensive Income. At the period end, any changes in fair value are transferred to a separate reserve (revaluation reserve) to enable undistributable reserves to be identified separately from distributable profits.

Other accounting policies

Debtors - short term debtors are measured at transaction price less any impairment. Creditors - short term creditors are measured at transaction price. Dividends - equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders in general meeting.

E P FARR LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

2. Employees

2022 2021
Average number of employees during the period 0 0

E P FARR LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

3. Fixed investments

Valuation at 1 October 2021 - £375,000 Disposals - £(375,000) Valuation at 30 September 2022 - £nil

E P FARR LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

4. Debtors

2022 2021
££
Debtors due after more than one year: 0 0

E P FARR LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

5. Revaluation reserve

2022
£
Balance at 01 October 2021 78,429
Surplus or deficit after revaluation (78,429)
Balance at 30 September 2022 0

E P FARR LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

6. Related party transactions

The company has taken advantage of the exemption conferred by FRS 102 not to disclose transactions with other companies in the group headed by First Carlton Holdings Limited. R B Jordan is considered to be the ultimate controlling party of the company by virtue of his majority shareholding in First Carlton Holdings Limited. The company is an wholly owned subsidiary of First Carlton Limited which is itself an wholly owned subsidiary of First Carlton Holdings Limited. The registered address of the above named companies is Newton House, Newton Lane, Romsey, SO51 8GZ