F & E Holdings Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11653027 (England and Wales)

Unaudited Financial Statements

for the Period 31 October 2018 to 28 February 2019

for

F & E Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S French

S G Ellis

SECRETARY:

REGISTERED OFFICE:

2 Borough Park Road

Totnes

Devon

TQ9 5XW

REGISTERED NUMBER:

11653027 (England and Wales)

ACCOUNTANTS:

Stone's Accountancy Sussex Limited

398 Coast Road

Pevensey Bay

Pevensey

East Sussex

BN24 6NY

FIXED ASSETS

Investments

4

(179,850

)

CURRENT ASSETS

Cash at bank

180,000

CREDITORS

Amounts falling due within one year

5

50

NET CURRENT ASSETS

179,950

TOTAL ASSETS LESS CURRENT LIABILITIES

100

CAPITAL AND RESERVES

Called up share capital

100

SHAREHOLDERS' FUNDS

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2019 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 on 17 October 2019 and were signed on its behalf by:

S French - Director

S G Ellis - Director

1.	STATUTORY INFORMATION

F & E Holdings 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.

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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive income or

directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

Additions

150

Dividends received

(180,000

)

At 28 February 2019

(179,850

)

NET BOOK VALUE

At 28 February 2019

(179,850

)

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Directors' loan accounts

50

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the directors loan the company the money to invest in the shares with

Veon Limited. The loan is repayable on demand and therefore no interest is due.