Company Registration No. 06851906 (England and Wales)
Fermain Limited
Unaudited accounts
for the year ended 31 March 2019
Fermain Limited
Unaudited accounts
Contents
Fermain Limited
Company Information
for the year ended 31 March 2019
Company Number
06851906 (England and Wales)
Registered Office
HENPOOLS HOUSE
LITTLEWORTH
AMBERLEY
GLOUCESTERSHIRE
GL5 5AL
Fermain Limited
Statement of financial position
as at 31 March 2019
Tangible assets
2,367,204
2,367,204
Investments
802,933
802,933
Cash at bank and in hand
28,310
7,364
Creditors: amounts falling due within one year
(402,538)
(496,041)
Net current liabilities
(187,583)
(304,773)
Total assets less current liabilities
2,982,554
2,865,364
Creditors: amounts falling due after more than one year
(3,075,536)
(2,964,195)
Net liabilities
(92,982)
(98,831)
Called up share capital
2
2
Profit and loss account
(92,984)
(98,833)
Shareholders' funds
(92,982)
(98,831)
For the year ending 31 March 2019 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.
Approved by the Board on 30 December 2019.
R Pitchford
Director
Company Registration No. 06851906
Fermain Limited
Notes to the Accounts
for the year ended 31 March 2019
Fermain Limited is a private company, limited by shares, registered in England and Wales, registration number 06851906. The registered office is HENPOOLS HOUSE, LITTLEWORTH, AMBERLEY, GLOUCESTERSHIRE, GL5 5AL.
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 fixed assets consist of residential properties which are held at cost and are reviewed annually for impairment.
4
Tangible fixed assets
Land & buildings
At 31 March 2019
2,367,204
At 31 March 2019
2,367,204
At 31 March 2018
2,367,204
5
Investments
Subsidiary undertakings
Other investments
Total
Valuation at 1 April 2018
737,933
65,000
802,933
Valuation at 31 March 2019
737,933
65,000
802,933
Fermain Limited
Notes to the Accounts
for the year ended 31 March 2019
Trade debtors
12,692
12,692
Amounts due from group undertakings etc.
173,953
171,212
7
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
(1)
(1)
Loans from directors
402,538
496,041
8
Creditors: amounts falling due after more than one year
2019
2018
Bank loans
477,540
477,540
Other creditors
2,597,996
2,486,655
9
Transactions with related parties
During the year the company advanced £240 to group subsidiary companies. Total due from subsidiary companies is £173,952 (2018: £173,711).
During the year the company repaid £92,003 to a director. Total due to director at year end is £402,537 (2018: £498,540).
10
Average number of employees
During the year the average number of employees was 0 (2018: 0).
