| Tina Fegent Limited |
| Registered number: |
06743819 |
| Statement of Financial Position |
| as at 31 October 2023 |
|
| Notes |
|
|
2023 |
|
|
2022 |
| £ |
£ |
| Fixed assets |
| Investments |
3 |
|
|
405,500 |
|
|
405,500 |
|
| Current assets |
| Debtors |
4 |
|
58,944 |
|
|
31,835 |
| Investments held as current assets |
5 |
|
426,092 |
|
|
427,594 |
| Cash at bank and in hand |
|
|
363,721 |
|
|
304,418 |
|
|
|
848,757 |
|
|
763,847 |
|
| Creditors: amounts falling due within one year |
6 |
|
(55,453) |
|
|
(49,537) |
|
| Net current assets |
|
|
|
793,304 |
|
|
714,310 |
|
| Total assets less current liabilities |
|
|
|
1,198,804 |
|
|
1,119,810 |
|
|
| Provisions for liabilities |
|
|
|
(24,842) |
|
|
(24,842) |
|
|
| Net assets |
|
|
|
1,173,962 |
|
|
1,094,968 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
1,173,862 |
|
|
1,094,868 |
|
| Shareholders' funds |
|
|
|
1,173,962 |
|
|
1,094,968 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. |
| The financial statements have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The director's report and statement of income and retained earnings have not been delivered to the Registrar of Companies. |
|
| C A Fegent |
| Director |
| Approved by the board on 7 March 2024 |
|
| Tina Fegent Limited |
| Notes to the Financial Statements |
| for the year ended 31 October 2023 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The financial statements have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of conaultancy services and this is recognised in the finanical statements in the period the services are provided. |
|
|
Investments |
|
Investment property is initially recognised at cost and subsequently measured at fair value. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are recognised in the statement of income and retained earnings. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax has been provided for on gains arising from the revaluation of investment property and is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Deferred tax liabilities are not discounted. |
|
|
Pensions |
|
The company operates a money purchase pension scheme. Contributions to defined contribution plans are charged to the income statement as they become payable in accordance with the rules of the scheme. |
|
|
| 2 |
Employees |
2023 |
|
2022 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Investments |
| Investments in |
| subsidiary |
Other |
| undertakings |
investments |
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 November 2022 |
400,000 |
|
5,500 |
|
405,500 |
|
|
At 31 October 2023 |
400,000 |
|
5,500 |
|
405,500 |
|
|
| 4 |
Debtors |
2023 |
|
2022 |
| £ |
£ |
|
|
Trade debtors |
58,437 |
|
30,703 |
|
Other debtors |
507 |
|
1,132 |
|
|
|
|
|
|
58,944 |
|
31,835 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Investments held as current assets |
2023 |
|
2022 |
| £ |
£ |
|
Fair value |
|
Listed investments |
426,092 |
|
427,594 |
|
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
| £ |
£ |
|
|
Taxation and social security costs |
45,699 |
|
41,078 |
|
Other creditors |
9,754 |
|
8,459 |
|
|
|
|
|
|
55,453 |
|
49,537 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Tina Fegent Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Moreton Cottage Judds Lane |
|
Moreton |
|
Oxfordshire |
|
OX9 2HP |
