1 August 2021 v2022.13.1 limited_company_frs_102_section_1a_v1_0_8 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00xbrli:purexbrli:sharesiso4217:GBP127408522021-08-012022-07-31127408522022-07-3112740852bus:Director12021-08-012022-07-3112740852bus:RegisteredOffice2021-08-012022-07-31127408522020-08-012021-07-3112740852core:RetainedEarningsAccumulatedLosses2021-08-0112740852core:RetainedEarningsAccumulatedLosses2020-08-012021-07-3112740852core:RetainedEarningsAccumulatedLosses2021-07-31127408522021-07-311274085212021-08-012022-07-3112740852countries:EnglandWales2021-08-012022-07-3112740852bus:AuditExemptWithAccountantsReport2021-08-012022-07-3112740852bus:PrivateLimitedCompanyLtd2021-08-012022-07-3112740852bus:SmallEntities2021-08-012022-07-3112740852bus:AbridgedAccounts2021-08-012022-07-31
Company registration number:
12740852
Fjv Management Ltd
Unaudited Abridged Financial Statements for the year ended
31 July 2022
Fjv Management Ltd
Officers and Professional Advisers
Year ended
31 July 2022
Director
F Vickery
Registered office
Sevena Durbans Road
Wisborough Green
Billingshurst
RH14 0DL
England
Accountant
Acs Direct
Downash Manor Farm
Rickney Lane
Downash
East Sussex
BN27 2RL
United Kingdom
Fjv Management Ltd
Director's Report
Year ended
31 July 2022
The director presents the report and the unaudited
abridged financial statements
of the company for the year ended 31 July 2022.

Directors

The director who served the company during the year was as follows:
F Vickery

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
31 August 2022
and signed on behalf of the board by:
F Vickery
Director
Fjv Management Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Fjv Management Ltd
Year ended
31 July 2022
As described on the abridged statement of financial position, the Board of Directors of
Fjv Management Ltd
are responsible for the preparation of the
abridged financial statements
for the year ended
31 July 2022
, which comprise the abridged income statement, statement of income and retained earnings, abridged statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited abridged financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Acs Direct
Downash Manor Farm
Rickney Lane
Downash
East Sussex
BN27 2RL
United Kingdom
Fjv Management Ltd
Abridged Income Statement
Year ended
31 July 2022
20222021
££
Gross profit -  
11,042
 
Administrative expenses
(502
)
(7,561
)
Operating (loss)/profit
(502
)
3,481
 
(Loss)/profit before tax
(502
)
3,481
 
Tax on (loss)/profit -   -  
(Loss)/profit for the financial year
(502
)
3,481
 
The company has no other recognised items of income or expense other than the results for the year as set out above.
Fjv Management Ltd
Statement of Income and Retained Earnings
Year ended
31 July 2022
20222021
££
Retained earnings at the start of the year
502
  -  
(Loss)/profit for the financial year
(502
)
3,481
 
Dividends declared and paid or payable during the year -  
(2,979
)
Retained earnings at the end of the year -  
502
 
Fjv Management Ltd
Abridged Statement of Financial Position
31 July 2022
20222021
££
Current assets    
Cash at bank and in hand -  
502
 
Net current assets -  
502
 
Total assets less current liabilities -   502  
Capital and reserves    
Profit and loss account -  
502
 
Shareholders funds -  
502
 
For the year ending
31 July 2022
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements.
All of the members have consented to the preparation of the abridged statement of financial position and the abridged income statement for the year ended
31 July 2022
in accordance with Section 444(2A) of the Companies Act 2006.
These
abridged financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
abridged financial statements
were approved by the board of directors and authorised for issue on
31 August 2022
, and are signed on behalf of the board by:
F Vickery
Director
Company registration number:
12740852
Fjv Management Ltd
Notes to the Abridged Financial Statements
Year ended
31 July 2022

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Sevena Durbans Road
,
Wisborough Green
,
Billingshurst
,
RH14 0DL
, England.

2 Statement of compliance

These
abridged financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
abridged financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
abridged financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4 Average number of employees

The average number of persons employed by the company during the year was Nil (2021: Nil).