Fenn's (Farnborough) Holdings Limited - Period Ending 2016-02-29

Registration number: 03239995

Fenn's (Farnborough) Holdings Limited

Unaudited Abbreviated Accounts

for the Year Ended 29 February 2016
 

Fenn's (Farnborough) Holdings Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Fenn's (Farnborough) Holdings Limited
(Registration number: 03239995)
Abbreviated Balance Sheet at 29 February 2016

		Note			2016 £			2015 £
Fixed assets
Investments					8			8
Current assets
Debtors					62,398			20,976
Cash at bank and in hand					50,174			59,582
					112,572			80,558
Creditors: Amounts falling due within one year					(112,126)			(80,002)
Net current assets					446			556
Net assets					454			564
Capital and reserves
Called up share capital		3			4			4
Capital redemption reserve					4			4
Profit and loss account					446			556
Shareholders' funds					454			564

For the year ending 29 February 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 25 November 2016

.........................................
C R Light
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Fenn's (Farnborough) Holdings Limited
Notes to the Abbreviated Accounts for the Year Ended 29 February 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Exemption from preparing group accounts

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Turnover

Turnover represents the net amount invoiced for services provided, net of VAT.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated
residual value, over their expected useful economic life as follows

Asset class	Depreciation method and rate
Plant and machinery	15% reducing balance
Motor vehicles	25% reducing balance
Computer equipment	33.33% reducing balance

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

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Fenn's (Farnborough) Holdings Limited
Notes to the Abbreviated Accounts for the Year Ended 29 February 2016
......... continued

2	Fixed assets

		Investments £			Total £
Cost
At 1 March 2015		8			8
At 29 February 2016		8			8
Depreciation
At 29 February 2016		-			-
Net book value
At 29 February 2016		8			8
At 28 February 2015		8			8

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
Fenn Night Vision Limited		Ordinary shares	100%	manufacture and repair of scientific instruments

The profit for the financial period of Fenn Night Vision Limited was £149,257 and the aggregate amount of capital and reserves at the end of the period was £724,868.

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
A, B, C, and D ordinary shares of £0.01 each		380			4			390			4

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