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REGISTERED NUMBER: 10761622 (England and Wales)















Unaudited Financial Statements

for the Period 1 June 2022 to 28 February 2023

for

FPM Holdings Limited

FPM Holdings Limited (Registered number: 10761622)






Contents of the Financial Statements
for the Period 1 June 2022 to 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FPM Holdings Limited

Company Information
for the Period 1 June 2022 to 28 February 2023







DIRECTORS: Mr F P Murdoch
Mrs E Murdoch





REGISTERED OFFICE: Unit 10 Amners Farm
Reading
Berkshire
RG30 3UE





REGISTERED NUMBER: 10761622 (England and Wales)





ACCOUNTANTS: LCP Accounting LLP
The Rectory Rooms
Glaston Hill Road
Eversley
Hampshire
RG27 0LX

FPM Holdings Limited (Registered number: 10761622)

Balance Sheet
28 February 2023

28.2.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 78,976 35,288
Investments 5 280,150 280,150
359,126 315,438

CURRENT ASSETS
Debtors 6 21,326 7,347
Cash at bank 94,620 123,773
115,946 131,120
CREDITORS
Amounts falling due within one year 7 147,731 120,265
NET CURRENT (LIABILITIES)/ASSETS (31,785 ) 10,855
TOTAL ASSETS LESS CURRENT
LIABILITIES

327,341

326,293

CREDITORS
Amounts falling due after more than one
year

8

38,613

17,286
NET ASSETS 288,728 309,007

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 288,578 308,857
288,728 309,007

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

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

FPM Holdings Limited (Registered number: 10761622)

Balance Sheet - continued
28 February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2023 and were signed on its behalf by:





Mr F P Murdoch - Director


FPM Holdings Limited (Registered number: 10761622)

Notes to the Financial Statements
for the Period 1 June 2022 to 28 February 2023

1. STATUTORY INFORMATION

FPM 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.

Significant judgements and estimates
There have not been any estimation uncertainties in the application of the accounting policies.

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 etc - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities.
Financial assets are measured at amortised cost and comprise of cash and cash equivalents and trade and other debtors.
Financial liabilities are measured at amortised cost and comprise of trade and other creditors.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

FPM Holdings Limited (Registered number: 10761622)

Notes to the Financial Statements - continued
for the Period 1 June 2022 to 28 February 2023

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022 56,007
Additions 59,180
Disposals (5,075 )
At 28 February 2023 110,112
DEPRECIATION
At 1 June 2022 20,719
Charge for period 14,288
Eliminated on disposal (3,871 )
At 28 February 2023 31,136
NET BOOK VALUE
At 28 February 2023 78,976
At 31 May 2022 35,288

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 June 2022
and 28 February 2023 280,150
NET BOOK VALUE
At 28 February 2023 280,150
At 31 May 2022 280,150

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 31.5.22
£    £   
Amounts owed by group undertakings 11,827 2,419
Other debtors 9,499 4,928
21,326 7,347

FPM Holdings Limited (Registered number: 10761622)

Notes to the Financial Statements - continued
for the Period 1 June 2022 to 28 February 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 31.5.22
£    £   
Hire purchase contracts 27,220 11,597
Trade creditors 1 (1 )
Amounts owed to group undertakings 15,671 3,086
Taxation and social security 360 360
Other creditors 104,479 105,223
147,731 120,265

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 31.5.22
£    £   
Hire purchase contracts 38,613 17,286