Fransadieoli Holdings Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06679742 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2020

for

Fransadieoli Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

S C Tomkinson

Mrs D K Tomkinson

SECRETARY:

Mrs D K Tomkinson

REGISTERED OFFICE:

Victoria

144 Earls Road

Nuneaton

Warwickshire

CV11 5HP

REGISTERED NUMBER:

06679742 (England and Wales)

ACCOUNTANTS:

Tomkinson Teal (Lichfield) LLP

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

FIXED ASSETS

Tangible assets

4

222,006

222,006

Investments

5

-

2

222,006

222,008

CURRENT ASSETS

Debtors

6

285,046

92,839

Cash at bank

33,562

124,122

318,608

216,961

CREDITORS

Amounts falling due within one year

7

(54,661

)

(25,820

)

NET CURRENT ASSETS

263,947

191,141

TOTAL ASSETS LESS CURRENT LIABILITIES

485,953

413,149

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

485,853

413,049

SHAREHOLDERS' FUNDS

485,953

413,149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2020 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 Profit and loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 January 2021 and were signed on its behalf by:

S C Tomkinson - Director

1.	STATUTORY INFORMATION

Fransadieoli 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

not provided

No depreciation has been provided on the company's freehold properties in the opinion of the directors the expected useful life is sufficiently long and estimated residual values are sufficiently high that any such depreciation would be immaterial. The directors undertake an annual impairment review of the properties.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss, 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 year was 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 October 2019

and 30 September 2020

222,006

NET BOOK VALUE

At 30 September 2020

222,006

At 30 September 2019

222,006

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 October 2019

2

Disposals

(2

)

At 30 September 2020

-

NET BOOK VALUE

At 30 September 2020

-

At 30 September 2019

2

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

-

1,940

Amounts owed by participating interests

285,046

90,615

Other debtors

-

284

285,046

92,839

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Amounts owed to group undertakings

-

20,000

Taxation and social security

-

4,980

Other creditors

54,661

840

54,661

25,820

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2020

2019

value:

£

£

100

Ordinary £1

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 October 2019

413,049

Profit for the year

96,804

Dividends

(24,000

)

At 30 September 2020

485,853

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fransadieoli Holdings Limited for the year ended 30 September 2020 which comprise the Profit and loss, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Fransadieoli Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Fransadieoli Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Fransadieoli Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fransadieoli Holdings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Fransadieoli Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Fransadieoli Holdings Limited. You consider that Fransadieoli Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Fransadieoli Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Tomkinson Teal (Lichfield) LLP

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

7 January 2021