IRIS Accounts Production v23.3.0.418 04092434 director 1.9.22 31.8.23 31.8.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure040924342022-08-31040924342023-08-31040924342022-09-012023-08-31040924342021-08-31040924342021-09-012022-08-31040924342022-08-3104092434ns16:EnglandWales2022-09-012023-08-3104092434ns15:PoundSterling2022-09-012023-08-3104092434ns11:Director12022-09-012023-08-3104092434ns11:PrivateLimitedCompanyLtd2022-09-012023-08-3104092434ns11:SmallEntities2022-09-012023-08-3104092434ns11:AuditExempt-NoAccountantsReport2022-09-012023-08-3104092434ns11:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3104092434ns11:SmallCompaniesRegimeForAccounts2022-09-012023-08-3104092434ns11:FullAccounts2022-09-012023-08-3104092434ns11:OrdinaryShareClass12022-09-012023-08-3104092434ns11:RegisteredOffice2022-09-012023-08-3104092434ns6:CurrentFinancialInstruments2023-08-3104092434ns6:CurrentFinancialInstruments2022-08-3104092434ns6:ShareCapital2023-08-3104092434ns6:ShareCapital2022-08-3104092434ns6:RetainedEarningsAccumulatedLosses2023-08-3104092434ns6:RetainedEarningsAccumulatedLosses2022-08-3104092434ns11:OrdinaryShareClass12023-08-3104092434ns6:RetainedEarningsAccumulatedLosses2022-08-3104092434ns6:RetainedEarningsAccumulatedLosses2022-09-012023-08-31
REGISTERED NUMBER: 04092434 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 August 2023

for

Feron Spires I.F.C Limited

Feron Spires I.F.C Limited (Registered number: 04092434)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Feron Spires I.F.C Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: J J Feron





REGISTERED OFFICE: The Redland Financial Centre
1d Chandos Road
Redland
Bristol
BS6 6PG





REGISTERED NUMBER: 04092434 (England and Wales)





ACCOUNTANTS: Stanley Joseph Limited
Chartered Accountants
Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST

Feron Spires I.F.C Limited (Registered number: 04092434)

Statement of Financial Position
31 August 2023

31.8.23 31.8.22
Notes £    £   
CURRENT ASSETS
Cash at bank 44,271 150,801

CREDITORS
Amounts falling due within one year 4 915 89
NET CURRENT ASSETS 43,356 150,712
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,356

150,712

CAPITAL AND RESERVES
Called up share capital 5 1 1
Retained earnings 6 43,355 150,711
SHAREHOLDERS' FUNDS 43,356 150,712

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Feron Spires I.F.C Limited (Registered number: 04092434)

Statement of Financial Position - continued
31 August 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 director and authorised for issue on 25 October 2023 and were signed by:





J J Feron - Director


Feron Spires I.F.C Limited (Registered number: 04092434)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Feron Spires I.F.C 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.

Turnover
Turnover represents the amounts receivable by the company for commissions arising from the provision of financial services. All transactions arose in the United Kingdom.

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 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 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Feron Spires I.F.C Limited (Registered number: 04092434)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Amounts owed to group undertakings 89 -
Tax 326 -
Directors' current accounts - 89
Accrued expenses 500 -
915 89

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
1 Ordinary £1 1 1

6. RESERVES
Retained
earnings
£   

At 1 September 2022 150,711
Profit for the year 1,444
Dividends (108,800 )
At 31 August 2023 43,355

7. PENSION COMMITMENTS

The company operates a defined contribution scheme.The cost for the year was £8,750 (2022 - £4,296). There were no outstanding or prepaid contributions at the balance sheet date.

Feron Spires I.F.C Limited (Registered number: 04092434)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

8. RELATED PARTY DISCLOSURES

J J Feron
Director

During the year the company entered into the following transactions with the director:

2023 2022

Dividends paid 108,800 11,000

Capital withdrawn 0 17,800

Capital introduced - -

At the year end the balance due to the director was £0 (2022 - £89).

9. ULTIMATE PARENT COMPANY

Redland Wealth Management Group Limited is regarded by the director as being the company's ultimate parent company.