Featherfoot Danum Limited - Accounts to registrar (filleted) - small 23.2.5

FEATHERFOOT DANUM LIMITED - Company Information

IRIS Accounts Production v23.3.1.45 11905805 director 31.12.21 30.12.22 30.12.22 0 0 false true false false true false Ordinary 0.10000 Ordinary B 0.10000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh119058052021-12-30119058052022-12-30119058052021-12-312022-12-30119058052020-12-30119058052020-12-312021-12-30119058052021-12-3011905805ns10:Originalns15:EnglandWales2021-12-312022-12-3011905805ns14:PoundSterlingns10:Original2021-12-312022-12-3011905805ns10:Originalns10:Director12021-12-312022-12-3011905805ns10:Original2021-12-312022-12-3011905805ns10:Original2022-12-3011905805ns10:Originalns10:PrivateLimitedCompanyLtd2021-12-312022-12-3011905805ns10:Originalns10:SmallEntities2021-12-312022-12-3011905805ns10:Originalns10:AuditExempt-NoAccountantsReport2021-12-312022-12-3011905805ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2021-12-312022-12-3011905805ns10:SmallCompaniesRegimeForAccountsns10:Original2021-12-312022-12-3011905805ns10:Originalns10:FullAccounts2021-12-312022-12-3011905805ns10:Original2020-12-312021-12-3011905805ns10:Originalns10:OrdinaryShareClass12021-12-312022-12-3011905805ns10:Originalns10:OrdinaryShareClass22021-12-312022-12-3011905805ns10:Originalns10:RegisteredOffice2021-12-312022-12-3011905805ns10:Original2021-12-3011905805ns10:Originalns5:CurrentFinancialInstruments2022-12-3011905805ns10:Originalns5:CurrentFinancialInstruments2021-12-3011905805ns10:Originalns5:Non-currentFinancialInstruments2022-12-3011905805ns10:Originalns5:Non-currentFinancialInstruments2021-12-3011905805ns5:ShareCapitalns10:Original2022-12-3011905805ns5:ShareCapitalns10:Original2021-12-3011905805ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-12-3011905805ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-12-3011905805ns10:Originalns5:OwnedOrFreeholdAssetsns5:LandBuildings2021-12-312022-12-3011905805ns10:Originalns5:LandBuildings2021-12-3011905805ns10:Originalns5:LandBuildings2021-12-312022-12-3011905805ns10:Originalns5:LandBuildings2022-12-3011905805ns10:Originalns5:LandBuildings2021-12-3011905805ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3011905805ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-12-3011905805ns10:Originalns10:OrdinaryShareClass12022-12-3011905805ns10:Originalns10:OrdinaryShareClass22022-12-3011905805ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-12-3011905805ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-12-312022-12-30

REGISTERED NUMBER: 11905805 (England and Wales)

Financial Statements

for the Year Ended 30 December 2022

for

Featherfoot Danum Limited

Page

Company Information

Statement of Financial Position

Notes to the Financial Statements

DIRECTOR:

P T Rothwell

REGISTERED OFFICE:

Empire House

92-98 Cleveland street

Doncaster

DN1 3DP

REGISTERED NUMBER:

11905805 (England and Wales)

ACCOUNTANTS:

SKS Bailey Group Limited

Wynyard Business Park

Wynyard Avenue

Billingham

Cleveland

TS22 5TB

FIXED ASSETS

Tangible assets

1,111,500

3,494,000

CURRENT ASSETS

Debtors

3,863,587

2,293,008

Cash at bank

108,429

3,863,592

2,401,437

CREDITORS

Amounts falling due within one year

(4,505,653

)

(5,227,334

)

NET CURRENT LIABILITIES

(642,061

)

(2,825,897

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

469,439

668,103

CREDITORS

Amounts falling due after more than one year

(1,821,299

)

(1,502,792

)

NET LIABILITIES

(1,351,860

)

(834,689

)

CAPITAL AND RESERVES

Called up share capital

Retained earnings

(1,351,870

)

(834,699

)

SHAREHOLDERS' FUNDS

(1,351,860

)

(834,689

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 21 December 2023 and were signed by:

P T Rothwell - Director

1.	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.

SIGNIFICANT JUDGEMENTS AND ESTIMATES

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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.

Freehold property

Not Provided

TAXATION

Taxation for the year 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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

GOING CONCERN

The directors have considered the basis of preparation of the financial statements and have concluded that it is appropriate to prepare these on the going concern basis based on forecasts for at least 12 months from signing of the financial statements due to support from ultimate parent company.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

3.	TANGIBLE FIXED ASSETS

Freehold

property

COST

At 31 December 2021

3,494,000

Disposals

(2,382,500

)

At 30 December 2022

1,111,500

NET BOOK VALUE

At 30 December 2022

1,111,500

At 30 December 2021

3,494,000

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

Trade debtors

200,830

215,212

Amounts owed by group undertakings

233,685

Amounts owed by associates

2,769,171

1,874,965

Other debtors

659,901

202,831

3,863,587

2,293,008

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

Bank loans and overdrafts

5,980

3,587

Amounts owed to group undertakings

3,244,129

3,507,559

Amounts owed to associates

1,255,544

1,685,053

Directors' current accounts

31,135

4,505,653

5,227,334

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2022

2021

Bank loans 1 to 2 year

1,787,417

1,480,149

Bank loans 2 to 5 years

17,939

22,643

Bank loans more than 5 years

15,943

1,821,299

1,502,792

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

15,943

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2022

2021

value:

100

Ordinary

0.1

Ordinary B

0.1

RESERVES

Retained

earnings

At 31 December 2021

(834,699

)

Deficit for the year

(517,171

)

At 30 December 2022

(1,351,870

)

9.	CONTROLLING PARTY

The immediate parent undertaking of the company is Featherfoot Asset Holdings 2 Limited, a company registered in England and Wales.

The ultimate parent undertaking is Feather Foot Holdings Ltd, a company registered in England and Wales. Accounts can be obtained from Empire House, 92-98 Cleveland Street, Doncaster, United Kingdom, DN1 3DP.

The ultimate controlling party is Paul Rothwell.