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REGISTERED NUMBER: 06826571 (England and Wales)









Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Fentura Production Services Ltd

Fentura Production Services Ltd (Registered number: 06826571)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Fentura Production Services Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTOR: C H Hatton





REGISTERED OFFICE: 110 Cygnet Avenue
Feltham
Middlesex
TW14 0DT





REGISTERED NUMBER: 06826571 (England and Wales)





ACCOUNTANTS: Nichols & Co ( Accountancy ) Limited
Chartered Accountants
Unit 7
Mulberry Place
Pinnell Road
Eltham
London
SE9 6AR

Fentura Production Services Ltd (Registered number: 06826571)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £ £
FIXED ASSETS
Tangible assets 4 254,847 271,372

CURRENT ASSETS
Debtors 5 144,708 123,654
Cash at bank 51,224 34,322
195,932 157,976
CREDITORS
Amounts falling due within one year 6 (185,142 ) (125,569 )
NET CURRENT ASSETS 10,790 32,407
TOTAL ASSETS LESS CURRENT
LIABILITIES

265,637

303,779

PROVISIONS FOR LIABILITIES 7 (43,092 ) (45,210 )
NET ASSETS 222,545 258,569

CAPITAL AND RESERVES
Called up share capital 8 500 500
Retained earnings 9 222,045 258,069
SHAREHOLDERS' FUNDS 222,545 258,569

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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 10 November 2023 and were signed by:



C H Hatton - Director


Fentura Production Services Ltd (Registered number: 06826571)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Fentura Production Services Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Computer equipment - 20% on reducing balance

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.

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 4 (2022 - 4 ) .

Fentura Production Services Ltd (Registered number: 06826571)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Improvements Plant and Computer
to property machinery equipment Totals
£ £ £ £
COST
At 1 March 2022 13,864 1,065,299 10,725 1,089,888
Additions 214 46,130 - 46,344
At 28 February 2023 14,078 1,111,429 10,725 1,136,232
DEPRECIATION
At 1 March 2022 3,667 807,885 6,964 818,516
Charge for year 1,408 60,709 752 62,869
At 28 February 2023 5,075 868,594 7,716 881,385
NET BOOK VALUE
At 28 February 2023 9,003 242,835 3,009 254,847
At 28 February 2022 10,197 257,414 3,761 271,372

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£ £
Trade debtors 129,200 102,759
Other debtors 15,508 20,895
144,708 123,654

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£ £
Bank loans and overdrafts 4,233 1,406
Trade creditors 38,020 36,164
Taxation and social security 15,524 4,169
Other creditors 127,365 83,830
185,142 125,569

7. PROVISIONS FOR LIABILITIES
28.2.23 28.2.22
£ £
Deferred tax 43,092 45,210

Deferred tax
£
Balance at 1 March 2022 45,210
Provided during year (2,118 )
Timing differences
Balance at 28 February 2023 43,092

Fentura Production Services Ltd (Registered number: 06826571)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £ £
500 Ordinary £1 500 500

9. RESERVES
Retained
earnings
£

At 1 March 2022 258,069
Profit for the year 13,976
Dividends (50,000 )
At 28 February 2023 222,045

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

28.2.23 28.2.22
£ £
C H Hatton
Balance outstanding at start of year (39,289 ) (22,624 )
Amounts advanced 18,200 12,631
Amounts repaid (33,254 ) (29,296 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (54,343 ) (39,289 )

The above loan is interest free and repayable upon demand.

11. RELATED PARTY DISCLOSURES

C H Hatton
Director and shareholder in the company.

Dividends of £25,500 (2022: £20,910) were declared and paid to C H Hatton.

At the year end the company owed £54,343 (2022: £39,289) to C H Hatton.

V K Hatton
Shareholder in the company.

Dividends of £24,500 (2022: £20,090) were declared and paid to V K Hatton.

At the year end the company owed £53,655 to V K Hatton. (2022: £38,955).

12. ULTIMATE CONTROLLING PARTY

Mr C H Hatton is the controlling party by virtue of his shareholding.