M F Freeman Investments Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 10691878 (England and Wales)

Financial Statements

For The Period

27th March 2017 to 31st March 2017

for

M F Freeman Investments Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Report of the Accountants

5

DIRECTORS:

M F Freeman

Mrs J M Freeman

L F Freeman

P Wharton

REGISTERED OFFICE:

Ruardean Works

Varnister Road

Drybrook

Gloucestershire

GL17 9BH

REGISTERED NUMBER:

10691878 (England and Wales)

ACCOUNTANTS:

Wildin & Co

Accountants

& Statutory Auditors

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

FIXED ASSETS

Investments

4

2,614,300

CURRENT ASSETS

Debtors

5

10

NET CURRENT ASSETS

10

TOTAL ASSETS LESS CURRENT LIABILITIES

2,614,310

CAPITAL AND RESERVES

Called up share capital

6

353,810

Share premium

1,340,200

Retained earnings

920,300

SHAREHOLDERS' FUNDS

2,614,310

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 27th September 2017 and were signed on its behalf by:

M F Freeman - Director

1.	STATUTORY INFORMATION

M F Freeman Investments 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The

Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party

transactions with wholly owned subsidiaries within the group.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

2,614,300

At 31st March 2017

2,614,300

NET BOOK VALUE

At 31st March 2017

2,614,300

The company's investments at the Statement of Financial Position date in the share capital of companies include

the following:

Eagle Inns (Walford) limited

Registered office: Ruardean Works, Varnister Road, Ruardean, Drybrook, Glos, GL17 9BH

Nature of business: Holding Company

%

Class of shares:

holding

Ordinary

100.00

Woodfield Developments Limited

Registered office: Ruardean Works, Varnister Road, Ruardean, Drybrook, Glos, GL17 9BH

Nature of business:

%

Class of shares:

holding

Ordinary

100.00

Eagle Inns (Walford) Trading Limited

Registered office: Ruardean Works, Varnister Road, Drybrook, Gloucestershire, GL17 9BH

Nature of business: Restaurant

%

Class of shares:

holding

ordinary

100.00

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by group undertakings

10

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

999

Ordinary

£0.01

10

353,800

Preference shares

£1

353,800

1

Ordinary

£0.01

-

353,810

The following shares were allotted and fully paid for cash at par during the period:

999 Ordinary shares of £0.01 each

353,800 Preference shares shares of £1 each

1 Ordinary share of £0.01 was allotted as fully paid at a premium of £1,340,200 during the period.

7.	ULTIMATE CONTROLLING PARTY

The controlling party is L F Freeman.

The following reproduces the text of the report prepared for the directors and members 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 Statement of Financial Position. 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.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the period ended 31st March 2017 set out on pages two to four and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Wildin & Co

Accountants

& Statutory Auditors

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

27th September 2017