Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01No description of principal activityfalse22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10447271 2022-04-01 2023-03-31 10447271 2021-04-01 2022-03-31 10447271 2023-03-31 10447271 2022-03-31 10447271 c:Director1 2022-04-01 2023-03-31 10447271 d:CurrentFinancialInstruments 2023-03-31 10447271 d:CurrentFinancialInstruments 2022-03-31 10447271 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10447271 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 10447271 d:ShareCapital 2023-03-31 10447271 d:ShareCapital 2022-03-31 10447271 d:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 10447271 d:RetainedEarningsAccumulatedLosses 2023-03-31 10447271 d:RetainedEarningsAccumulatedLosses 2022-03-31 10447271 c:OrdinaryShareClass1 2022-04-01 2023-03-31 10447271 c:OrdinaryShareClass1 2023-03-31 10447271 c:OrdinaryShareClass1 2022-03-31 10447271 c:FRS102 2022-04-01 2023-03-31 10447271 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 10447271 c:FullAccounts 2022-04-01 2023-03-31 10447271 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10447271 6 2022-04-01 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 10447271









FPC CAPITAL PARTNERS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
FPC CAPITAL PARTNERS LIMITED
REGISTERED NUMBER: 10447271

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
607,566
454,164

  
607,566
454,164

Current assets
  

Debtors: amounts falling due within one year
 5 
-
100

Cash at bank and in hand
 6 
294
35,154

  
294
35,254

Creditors: amounts falling due within one year
 7 
-
(34,960)

Net current assets
  
 
 
294
 
 
294

Total assets less current liabilities
  
607,860
454,458

  

Net assets
  
607,860
454,458


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
 9 
607,760
454,358

  
607,860
454,458


Page 1

 
FPC CAPITAL PARTNERS LIMITED
REGISTERED NUMBER: 10447271
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




B Lansman
Director

Date: 16 November 2023

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
FPC CAPITAL PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

FPC Capital Partners Limited is a private company limited by shares and incorporated in England & Wales (registered number: 10447271).
The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH and the principal place of business address is 14-16 Great Pulteney Street, London, W1F 9ND.
The principal activity of the company continued to be that of a management company.
The financial statements are presented in Sterling, which is the functional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
FPC CAPITAL PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Fixed asset investments





Investments

£



Cost or valuation


At 1 April 2022
454,164


Revaluations
153,402



At 31 March 2023
607,566





5.


Debtors

2023
2022
£
£


Other debtors
-
100

-
100



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
294
35,154

294
35,154


Page 4

 
FPC CAPITAL PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
-
27,920

Corporation tax
-
60

Other creditors
-
6,980

-
34,960



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



9.


Reserves

Profit and loss account

Profit and loss reserves relate to realised trading income and expenditure, as well as unrealised fair value movements on investments. 


10.


Related party transactions

Included within creditors is £Nil (2022: £34,900) due to related parties.


11.


Controlling party

The ultimate parent company is Foundation Property Company Limited, a company incorporated in England and Wales (registered number: 01930587).
The registered office address is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.

 
Page 5