FAIR MARKET VALUE CAPITAL PARTNERS (UK) LIMITED

FAIR MARKET VALUE CAPITAL PARTNERS (UK) LIMITED - Company Information

2021-01-012021-12-312021-12-31false06240840FAIR MARKET VALUE CAPITAL PARTNERS (UK) LIMITED2022-04-1470229iso4217:GBPxbrli:pure062408402021-01-01062408402021-12-31062408402021-01-012021-12-31062408402020-01-01062408402020-12-31062408402020-01-012020-12-3106240840bus:SmallEntities2021-01-012021-12-3106240840bus:AuditExempt-NoAccountantsReport2021-01-012021-12-3106240840bus:FullAccounts2021-01-012021-12-3106240840bus:PrivateLimitedCompanyLtd2021-01-012021-12-3106240840core:WithinOneYear2021-12-3106240840core:AfterOneYear2021-12-3106240840core:WithinOneYear2020-12-3106240840core:AfterOneYear2020-12-3106240840core:ShareCapital2021-12-3106240840core:SharePremium2021-12-3106240840core:RevaluationReserve2021-12-3106240840core:OtherReservesSubtotal2021-12-3106240840core:RetainedEarningsAccumulatedLosses2021-12-3106240840core:ShareCapital2020-12-3106240840core:SharePremium2020-12-3106240840core:RevaluationReserve2020-12-3106240840core:OtherReservesSubtotal2020-12-3106240840core:RetainedEarningsAccumulatedLosses2020-12-3106240840core:LandBuildings2021-12-3106240840core:PlantMachinery2021-12-3106240840core:Vehicles2021-12-3106240840core:FurnitureFittings2021-12-3106240840core:OfficeEquipment2021-12-3106240840core:NetGoodwill2021-12-3106240840core:IntangibleAssetsOtherThanGoodwill2021-12-3106240840core:ListedExchangeTraded2021-12-3106240840core:UnlistedNon-exchangeTraded2021-12-3106240840core:LandBuildings2020-12-3106240840core:PlantMachinery2020-12-3106240840core:Vehicles2020-12-3106240840core:FurnitureFittings2020-12-3106240840core:OfficeEquipment2020-12-3106240840core:NetGoodwill2020-12-3106240840core:IntangibleAssetsOtherThanGoodwill2020-12-3106240840core:ListedExchangeTraded2020-12-3106240840core:UnlistedNon-exchangeTraded2020-12-3106240840core:LandBuildings2021-01-012021-12-3106240840core:PlantMachinery2021-01-012021-12-3106240840core:Vehicles2021-01-012021-12-3106240840core:FurnitureFittings2021-01-012021-12-3106240840core:OfficeEquipment2021-01-012021-12-3106240840core:NetGoodwill2021-01-012021-12-3106240840core:IntangibleAssetsOtherThanGoodwill2021-01-012021-12-3106240840core:ListedExchangeTraded2021-01-012021-12-3106240840core:UnlistedNon-exchangeTraded2021-01-012021-12-3106240840core:MoreThanFiveYears2021-01-012021-12-3106240840core:Non-currentFinancialInstruments2021-12-3106240840core:Non-currentFinancialInstruments2020-12-3106240840dpl:CostSales2021-01-012021-12-3106240840dpl:DistributionCosts2021-01-012021-12-3106240840dpl:AdministrativeExpenses2021-01-012021-12-3106240840core:LandBuildings2021-01-012021-12-3106240840core:PlantMachinery2021-01-012021-12-3106240840core:Vehicles2021-01-012021-12-3106240840core:FurnitureFittings2021-01-012021-12-3106240840core:OfficeEquipment2021-01-012021-12-3106240840core:NetGoodwill2021-01-012021-12-3106240840core:IntangibleAssetsOtherThanGoodwill2021-01-012021-12-3106240840dpl:GroupUndertakings2021-01-012021-12-3106240840dpl:ParticipatingInterests2021-01-012021-12-3106240840dpl:GroupUndertakingscore:ListedExchangeTraded2021-01-012021-12-3106240840core:ListedExchangeTraded2021-01-012021-12-3106240840dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-01-012021-12-3106240840core:UnlistedNon-exchangeTraded2021-01-012021-12-3106240840dpl:CostSales2020-01-012020-12-3106240840dpl:DistributionCosts2020-01-012020-12-3106240840dpl:AdministrativeExpenses2020-01-012020-12-3106240840core:LandBuildings2020-01-012020-12-3106240840core:PlantMachinery2020-01-012020-12-3106240840core:Vehicles2020-01-012020-12-3106240840core:FurnitureFittings2020-01-012020-12-3106240840core:OfficeEquipment2020-01-012020-12-3106240840core:NetGoodwill2020-01-012020-12-3106240840core:IntangibleAssetsOtherThanGoodwill2020-01-012020-12-3106240840dpl:GroupUndertakings2020-01-012020-12-3106240840dpl:ParticipatingInterests2020-01-012020-12-3106240840dpl:GroupUndertakingscore:ListedExchangeTraded2020-01-012020-12-3106240840core:ListedExchangeTraded2020-01-012020-12-3106240840dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-01-012020-12-3106240840core:UnlistedNon-exchangeTraded2020-01-012020-12-3106240840core:NetGoodwill2021-12-3106240840core:IntangibleAssetsOtherThanGoodwill2021-12-3106240840core:LandBuildings2021-12-3106240840core:PlantMachinery2021-12-3106240840core:Vehicles2021-12-3106240840core:FurnitureFittings2021-12-3106240840core:OfficeEquipment2021-12-3106240840core:AfterOneYear2021-12-3106240840core:WithinOneYear2021-12-3106240840core:ListedExchangeTraded2021-12-3106240840core:UnlistedNon-exchangeTraded2021-12-3106240840core:ShareCapital2021-12-3106240840core:SharePremium2021-12-3106240840core:RevaluationReserve2021-12-3106240840core:OtherReservesSubtotal2021-12-3106240840core:RetainedEarningsAccumulatedLosses2021-12-3106240840core:NetGoodwill2020-12-3106240840core:IntangibleAssetsOtherThanGoodwill2020-12-3106240840core:LandBuildings2020-12-3106240840core:PlantMachinery2020-12-3106240840core:Vehicles2020-12-3106240840core:FurnitureFittings2020-12-3106240840core:OfficeEquipment2020-12-3106240840core:AfterOneYear2020-12-3106240840core:WithinOneYear2020-12-3106240840core:ListedExchangeTraded2020-12-3106240840core:UnlistedNon-exchangeTraded2020-12-3106240840core:ShareCapital2020-12-3106240840core:SharePremium2020-12-3106240840core:RevaluationReserve2020-12-3106240840core:OtherReservesSubtotal2020-12-3106240840core:RetainedEarningsAccumulatedLosses2020-12-3106240840core:NetGoodwill2020-01-0106240840core:IntangibleAssetsOtherThanGoodwill2020-01-0106240840core:LandBuildings2020-01-0106240840core:PlantMachinery2020-01-0106240840core:Vehicles2020-01-0106240840core:FurnitureFittings2020-01-0106240840core:OfficeEquipment2020-01-0106240840core:AfterOneYear2020-01-0106240840core:WithinOneYear2020-01-0106240840core:ListedExchangeTraded2020-01-0106240840core:UnlistedNon-exchangeTraded2020-01-0106240840core:ShareCapital2020-01-0106240840core:SharePremium2020-01-0106240840core:RevaluationReserve2020-01-0106240840core:OtherReservesSubtotal2020-01-0106240840core:RetainedEarningsAccumulatedLosses2020-01-0106240840core:AfterOneYear2021-01-012021-12-3106240840core:WithinOneYear2021-01-012021-12-3106240840core:Non-currentFinancialInstrumentscore:CostValuation2021-01-012021-12-3106240840core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2021-01-012021-12-3106240840core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2021-01-012021-12-3106240840core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2021-01-012021-12-3106240840core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2021-01-012021-12-3106240840core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2021-01-012021-12-3106240840core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2021-01-012021-12-3106240840core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2021-01-012021-12-3106240840core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2021-01-012021-12-3106240840core:Non-currentFinancialInstrumentscore:CostValuation2021-12-3106240840core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2021-12-3106240840core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2021-12-3106240840core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2021-12-3106240840core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2021-12-3106240840core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2021-12-3106240840core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2021-12-3106240840core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2021-12-3106240840core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2021-12-3106240840core:Non-currentFinancialInstrumentscore:CostValuation2020-12-3106240840core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2020-12-3106240840core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2020-12-3106240840core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2020-12-3106240840core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2020-12-3106240840core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2020-12-3106240840core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2020-12-3106240840core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2020-12-3106240840core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2020-12-3106240840bus:Director12021-01-012021-12-31

Registered Number
06240840
(England and Wales)

Unaudited Financial Statements for the Year Ended
31 December 2021

FAIR MARKET VALUE CAPITAL PARTNERS (UK) LIMITED

Company Information
for the year from 1 January 2021 to 31 December 2021


Directors	F O MICHEL-VERDIER


Registered Address	62 Leinster Square
	London
	W2 4PS


Registered Number	06240840 (England and Wales)

FAIR MARKET VALUE CAPITAL PARTNERS (UK) LIMITED

Balance Sheet as at
31 December 2021

	Notes	2021		2020
		£	£	£	£
Current assets
Debtors	5	26,456		31,916
Cash at bank and on hand		4,001		1,388
		30,457		33,304
Creditors amounts falling due within one year	6	(513,872)		(258,472)
Net current assets (liabilities)			(483,415)		(225,168)
Total assets less current liabilities			(483,415)		(225,168)
Net assets			(483,415)		(225,168)
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			(484,415)		(226,168)
Shareholders' funds			(483,415)		(225,168)

The company was entitled to exemption from audit for this reporting period 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Director on 14 April 2022, and are signed on its behalf by:

F O MICHEL-VERDIER
Director
Registered Company No. 06240840

FAIR MARKET VALUE CAPITAL PARTNERS (UK) LIMITED

Notes to the Financial Statements
for the year ended 31 December 2021

1.	STATUTORY INFORMATION
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	COMPLIANCE WITH APPLICABLE REPORTING FRAMEWORK
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	ACCOUNTING POLICIES

	Revenue recognition policy
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue recognition policy

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation and operations policy
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation and operations policy

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

4.	EMPLOYEE INFORMATION


		2021		2020
	Average number of employees during the year	-		-

5.	DEBTORS

	2021	2020
	£	£
Other debtors	19,497	27,852
Prepayments and accrued income	6,959	4,064
Total	26,456	31,916


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

6.	CREDITORS WITHIN ONE YEAR

	2021	2020
	£	£
Trade creditors / trade payables	89,513	2,401
Other creditors	424,359	235,421
Accrued liabilities and deferred income	-	20,650
Total	513,872	258,472


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.