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REGISTERED NUMBER: 11620609 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023

FOR

FERMOR HOLDINGS LIMITED

FERMOR HOLDINGS LIMITED (REGISTERED NUMBER: 11620609)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FERMOR HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: The Hon F M Goodwin
The Hon F H Fermor-Hesketh
J G R Dashwood





REGISTERED OFFICE: 25 St Thomas Street
Winchester
Hampshire
SO23 9HJ





REGISTERED NUMBER: 11620609 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

FERMOR HOLDINGS LIMITED (REGISTERED NUMBER: 11620609)

BALANCE SHEET
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,916,037 3,053,786

CURRENT ASSETS
Debtors 5 99,029 104,458
Investments 6 8,066 12,881
Cash at bank 6,806 279
113,901 117,618
CREDITORS
Amounts falling due within one year 7 2,250 55,704
NET CURRENT ASSETS 111,651 61,914
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,027,688

3,115,700

PROVISIONS FOR LIABILITIES - 7,680
NET ASSETS 3,027,688 3,108,020

CAPITAL AND RESERVES
Called up share capital 2,620,000 2,620,000
Unrealised reserves - 32,741
Retained earnings 407,688 455,279
3,027,688 3,108,020

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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.

FERMOR HOLDINGS LIMITED (REGISTERED NUMBER: 11620609)

BALANCE SHEET - continued
31ST MARCH 2023


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 Board of Directors and authorised for issue on 16th October 2023 and were signed on its behalf by:





The Hon F H Fermor-Hesketh - Director


FERMOR HOLDINGS LIMITED (REGISTERED NUMBER: 11620609)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023


1. STATUTORY INFORMATION

Fermor Holdings 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 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Fermor Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Fixed asset investments
Fixed asset investments comprise investment in a subsidiary and quoted investments. Investments in subsidiaries are are recognised initially at cost and subsequently adjusted to reflect the share of income and equity, less any impairment. Quoted investments are measured at fair value, any change in fair value is recognised through profit and loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

FERMOR HOLDINGS LIMITED (REGISTERED NUMBER: 11620609)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023


4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1st April 2022 3,053,786
Additions 8,651
Disposals (62,599 )
Revaluations (83,801 )
At 31st March 2023 2,916,037
NET BOOK VALUE
At 31st March 2023 2,916,037
At 31st March 2022 3,053,786

Cost or valuation at 31st March 2023 is represented by:

Other
investments
£   
Valuation in 2021 363,467
Valuation in 2022 (323,046 )
Valuation in 2023 (83,801 )
Cost 2,959,417
2,916,037

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 99,029 104,458

6. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Investments 8,066 12,881

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security - 53,454
Other creditors 2,250 2,250
2,250 55,704