Richard Farndon Limited - Period Ending 2019-05-31
Richard Farndon Limited - Period Ending 2019-05-31
Registration number:
Richard Farndon Limited
for the Year Ended 31 May 2019
The Port House
Marina Keep
Port Solent
Portsmouth
PO6 4TH
Richard Farndon Limited
Contents
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Company Information |
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Director's Report |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Richard Farndon Limited
Company Information
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Director |
Richard Farndon |
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Registered office |
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Accountants |
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Page 1 |
Richard Farndon Limited
Director's Report for the Year Ended 31 May 2019
The director presents his report and the financial statements for the year ended 31 May 2019.
This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.
Director of the company
The director who held office during the year was as follows:
Going concern
The financial statements have been prepared on a going concern basis.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the
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Director
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Page 2 |
Richard Farndon Limited
(Registration number: 09583128)
Balance Sheet as at 31 May 2019
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2019 |
2018 |
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Fixed assets |
- |
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Current assets |
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Prepayments and accrued income |
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Creditors: Amounts falling due within one year |
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( |
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Net current assets |
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Capital and reserves |
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Page 3 |
Richard Farndon Limited
(Registration number: 09583128)
Balance Sheet as at 31 May 2019
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
For the financial year ending 31 May 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Director
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Page 4 |
Richard Farndon Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 May 2019
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General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
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Accounting Policies |
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Computer Equipment |
3 years straight line |
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
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Page 5 |
Richard Farndon Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 May 2019
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Related party transactions |
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Transactions with the director |
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2019 |
At 1 June 2018 |
Advances to director |
At 31 May 2019 |
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Richard Farndon |
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Interest free loan |
1,225 |
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2018 |
At 1 June 2017 |
Advances to director |
At 31 May 2018 |
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Richard Farndon |
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Interest free loan |
2 |
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Page 6 |