Company Registration No. 9964610 (England and Wales)
FBH Property Holdings Limited
Unaudited accounts
for the year ended 31 March 2020
FBH Property Holdings Limited
Unaudited accounts
Contents
FBH Property Holdings Limited
Company Information
for the year ended 31 March 2020
Company Number
9964610 (England and Wales)
Registered Office
28 HIGH STREET
MAXEY
PETERBOROUGH
PE6 9EE
ENGLAND
Accountants
Direct Peak Ltd
Eventus Sunderland Road
Market Deeping
Peterborough
PE6 8FD
FBH Property Holdings Limited
Statement of financial position
as at 31 March 2020
Investment property
355,478
355,478
Cash at bank and in hand
15,918
12,895
Creditors: amounts falling due within one year
(90,614)
(89,726)
Net current liabilities
(74,239)
(76,831)
Total assets less current liabilities
281,239
278,647
Creditors: amounts falling due after more than one year
(260,116)
(259,022)
Called up share capital
1
1
Revaluation reserve
20,086
16,879
Profit and loss account
1,036
2,745
Shareholders' funds
21,123
19,625
For the year ending 31 March 2020 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.
The financial statements were approved by the Board and authorised for issue on 19 November 2020 and were signed on its behalf by
Mr A S Harris
Director
Company Registration No. 9964610
FBH Property Holdings Limited
Notes to the Accounts
for the year ended 31 March 2020
FBH Property Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 9964610. The registered office is 28 HIGH STREET, MAXEY, PETERBOROUGH, PE6 9EE, ENGLAND.
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.
These financial statements for the year ended 31 March 2020 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2018.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 April 2019
355,478
Accrued income and prepayments
457
-
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
352
34
Loans from directors
89,859
88,216
FBH Property Holdings Limited
Notes to the Accounts
for the year ended 31 March 2020
7
Creditors: amounts falling due after more than one year
2020
2019
Bank loans
260,116
259,022
8
Average number of employees
During the year the average number of employees was 0 (2019: 0).
