Fabpad Ltd,Ltd - AccountsLtd - Accounts

Fabpad Ltd,Ltd - AccountsLtd - Accounts

FABPAD LTD - Company Information

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2022-04-01 10691813 2023-03-31 10691813 2022-04-01 2023-03-31 10691813 2022-03-31 10691813 2021-04-01 2022-03-31 10691813 uk-core:WithinOneYear 2022-03-31 10691813 uk-core:WithinOneYear 2023-03-31 10691813 uk-core:AfterOneYear 2022-03-31 10691813 uk-core:AfterOneYear 2023-03-31 10691813 uk-core:RevaluationReserve 2023-03-31 10691813 uk-core:RevaluationReserve 2022-03-31 10691813 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 10691813 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 10691813 uk-bus:Director1 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure 10691813 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 10691813 uk-bus:FRS102 2022-04-01 2023-03-31 10691813 uk-bus:FullAccounts 2022-04-01 2023-03-31 10691813 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Fabpad Ltd
Registered Number:10691813
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
Fabpad Ltd
Contents Page
1
Statement of Financial Position
2
Notes to the Financial Statements
3
Registered Number :
10691813
As at 31 March 2023
Fabpad Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
2
330,000
313,432
Investment property
330,000
313,432
Current assets
8,711
Cash and cash equivalents
11,663
11,663
8,711
Trade and other payables: amounts falling due within one
year
(104,663)
(102,170)
(95,952)
(90,507)
Net current liabilities
Total assets less current liabilities
239,493
217,480
Trade and other payables: amounts falling due after more
than one year
(221,662)
(221,662)
(2,802)
-
Provisions for liabilities
15,029
Net assets/liabilities
(4,182)
Capital and reserves
Revaluation reserve
14,747
-
Retained earnings
282
(4,182)
15,029
(4,182)
Shareholders' funds
For the year ended 31 March 2023 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Ms Sarah Williams Director
These financial statements were approved and authorised for issue by the Board on 12 October 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2023
Fabpad Ltd
Notes to the Financial Statements
Statutory Information
Fabpad Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
10691813.
Registered address:
16 Bullfinch Lane
Riverhead
Sevenoaks
Kent
TN13 2DY
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover represents rents received from investment properties.
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2. Investment property
Total
£
Fair value
At 01 April 2022
313,432
Fair value adjustments
16,568
At 31 March 2023
330,000
Net book value
At 31 March 2023
330,000
At 31 March 2022
313,432
3. Average number of persons employed
During the year the average number of employees was 0
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