Fennes Property LTD 11793968 false 2022-02-01 2023-01-31 2023-01-31 The principal activity of the company is buy to let rental properties Digita Accounts Production Advanced 6.30.9574.0 true 11793968 2022-02-01 2023-01-31 11793968 2023-01-31 11793968 bus:Revised 2023-01-31 11793968 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 11793968 core:Non-currentFinancialInstruments core:AfterOneYear 2023-01-31 11793968 bus:Micro-entities 2022-02-01 2023-01-31 11793968 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 11793968 bus:FullAccounts 2022-02-01 2023-01-31 11793968 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 11793968 bus:RegisteredOffice 2022-02-01 2023-01-31 11793968 bus:Director1 2022-02-01 2023-01-31 11793968 bus:Director2 2022-02-01 2023-01-31 11793968 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 11793968 countries:AllCountries 2022-02-01 2023-01-31 11793968 2021-02-01 2022-01-31 11793968 2022-01-31 11793968 core:CurrentFinancialInstruments core:WithinOneYear 2022-01-31 11793968 core:Non-currentFinancialInstruments core:AfterOneYear 2022-01-31 iso4217:GBP xbrli:pure

Registration number: 11793968

Fennes Property LTD

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2023

 

Fennes Property LTD

Contents

Company Information

1

Balance Sheet

2 to 4

Notes to the Unaudited Financial Statements

2

 

Fennes Property LTD

Company Information

Directors

Mr S R Watkins

Mrs S E Watkins

Registered office

1st Floor
143 Connaught Avenue
Frinton on Sea
Essex
CO13 9AB

Accountants

The Pub Experts Ltd
1st Floor
143 Connaught Avenue
Frinton-On-Sea
Essex
CO13 9AB

 

Fennes Property LTD

(Registration number: 11793968)
Balance Sheet as at 31 January 2023

2023
£

2022
£

Fixed assets

172,037

172,037

Current assets

13,296

27,247

Creditors: Amounts falling due within one year

(72,203)

(78,144)

Net current liabilities

(58,907)

(50,897)

Total assets less current liabilities

113,130

121,140

Creditors: Amounts falling due after more than one year

(117,666)

(117,666)

Accruals and deferred income

(1,080)

(1,080)

 

(5,616)

2,394

Capital and reserves

(5,616)

2,394

1

General information

The company is a private company limited by share capital, incorporated in Enlgand and Wales.

The address of its registered office is:
1st Floor
143 Connaught Avenue
Frinton on Sea
Essex
CO13 9AB
England

These financial statements were authorised for issue by the Board on 18 October 2023.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

 

Fennes Property LTD

(Registration number: 11793968)
Balance Sheet as at 31 January 2023

Going Concern

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the shareholders that they will continue to give financial support to the company for twelve months from the date of signing these accounts.

On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above may not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustments to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

 

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

 

Fennes Property LTD

(Registration number: 11793968)
Balance Sheet as at 31 January 2023

For the financial year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 18 October 2023 and signed on its behalf by:
 

.........................................
Mr S R Watkins
Director

.........................................
Mrs S E Watkins
Director