Little Fox Holdings Limited 06382504 false 2022-07-01 2023-06-30 2023-06-30 The principal activity of the company is the provision of staffing services. Digita Accounts Production Advanced 6.30.9574.0 true true false false 06382504 2022-07-01 2023-06-30 06382504 2023-06-30 06382504 core:RetainedEarningsAccumulatedLosses 2023-06-30 06382504 core:ShareCapital 2023-06-30 06382504 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 06382504 core:Non-currentFinancialInstruments 2023-06-30 06382504 core:Non-currentFinancialInstruments core:AfterOneYear 2023-06-30 06382504 bus:SmallEntities 2022-07-01 2023-06-30 06382504 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 06382504 bus:FullAccounts 2022-07-01 2023-06-30 06382504 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 06382504 bus:RegisteredOffice 2022-07-01 2023-06-30 06382504 bus:Director1 2022-07-01 2023-06-30 06382504 bus:Director2 2022-07-01 2023-06-30 06382504 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 06382504 core:FurnitureFittings 2022-07-01 2023-06-30 06382504 core:LandBuildings 2022-07-01 2023-06-30 06382504 core:PlantMachinery 2022-07-01 2023-06-30 06382504 core:AllSubsidiaries 2022-07-01 2023-06-30 06382504 core:Subsidiary1 2022-07-01 2023-06-30 06382504 core:Subsidiary1 1 2022-07-01 2023-06-30 06382504 core:Subsidiary1 countries:England 2022-07-01 2023-06-30 06382504 countries:England 2022-07-01 2023-06-30 06382504 2022-06-30 06382504 core:CostValuation core:Non-currentFinancialInstruments 2022-06-30 06382504 2021-07-01 2022-06-30 06382504 2022-06-30 06382504 core:RetainedEarningsAccumulatedLosses 2022-06-30 06382504 core:ShareCapital 2022-06-30 06382504 core:CurrentFinancialInstruments core:WithinOneYear 2022-06-30 06382504 core:Non-currentFinancialInstruments 2022-06-30 06382504 core:Non-currentFinancialInstruments core:AfterOneYear 2022-06-30 06382504 core:ParentEntities core:RenderingOrReceivingServices 2021-07-01 2022-06-30 06382504 core:Subsidiary1 1 2021-07-01 2022-06-30 iso4217:GBP xbrli:pure

Registration number: 06382504

Little Fox Holdings Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 June 2023

 

Little Fox Holdings Limited

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 6

 

Little Fox Holdings Limited

(Registration number: 06382504)
Abridged Balance Sheet as at 30 June 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

361,439

369,559

Investments

5

301,500

301,500

 

662,939

671,059

Current assets

 

Debtors

4,054

2,659

Cash at bank and in hand

 

169,216

141,016

 

173,270

143,675

Creditors: Amounts falling due within one year

6

(209,185)

(176,916)

Net current liabilities

 

(35,915)

(33,241)

Total assets less current liabilities

 

627,024

637,818

Creditors: Amounts falling due after more than one year

7

(420,085)

(456,103)

Provisions for liabilities

(3,455)

(3,577)

Net assets

 

203,484

178,138

Capital and reserves

 

Called up share capital

300

300

Profit and loss account

203,184

177,838

Total equity

 

203,484

178,138

 

Little Fox Holdings Limited

(Registration number: 06382504)
Abridged Balance Sheet as at 30 June 2023

For the financial year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 22 January 2024 and signed on its behalf by:
 

Mr C Tufnell

Director

Mrs N C Tufnell

Director

 

Little Fox Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Foxhold House
Crookham Common
Thatcham
Berkshire
RG19 8EL

These financial statements were authorised for issue by the Board on 22 January 2024.

2

Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Group accounts not prepared

The financial statements present information about the company as an individual undertaking and not about its group. The group has taken advantage of the exemptions provided under section 248 of the Companies Act 1985 not to prepare consolidated accounts. .

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover represents the amounts, excluding value added tax, derived from the provision of goods and services to customers during the year.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

 

Little Fox Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2023

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% Reducing balance

Freehold land and buildings

2% Straight line

Fixtures and fittings

25% Reducing balance

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in the profit or loss account. Investments in equity shares where fair value cannot be measured reliably are measured at cost less impairment.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 10 (2022 - 14).

 

Little Fox Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2023

4

Tangible assets

Total
£

Cost or valuation

At 1 July 2022

492,139

Additions

1,735

At 30 June 2023

493,874

Depreciation

At 1 July 2022

122,580

Charge for the year

9,855

At 30 June 2023

132,435

Carrying amount

At 30 June 2023

361,439

At 30 June 2022

369,559

5

Investments

Total
£

Cost or valuation

At 1 July 2022

301,500

Provision

Carrying amount

At 30 June 2023

301,500

At 30 June 2022

301,500

 

Little Fox Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2023

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

     

2023

2022

Subsidiary undertakings

Coach House Vets Ltd

Little Foxhold
Crookham Common
Thatcham
Berkshire
RG19 8EL

England

Ordinary shares

100%

100%

Subsidiary undertakings

Coach House Vets Ltd

The principal activity of Coach House Vets Ltd is Veterinary Activities.

6

Creditors: amounts falling due within one year

Creditors include bank loans which are secured of £456,285 (2022 - £492,503).

7

Creditors: amounts falling due after more than one year

Creditors include bank loans which are secured of £420,085 (2022- £456,103).

Creditors include bank loans repayable by instalments of £275,085 (2022 - £310,503) due after more than five years.

8

Related party transactions

Summary of transactions with all subsidiaries

Coach House Vets Ltd
 During the year the company provided services of £450,000 (2022 - £450,000) to Coach House Vets Ltd, a wholly owned subsidiary.
During the year the company received a dividend of £nil (2021 - £nil) from Coach House Vets Ltd.
Included within other creditors is a balance due to Coach House Vets Ltd. At the balance sheet date the amount due to Coach House Vets was £106,659 (amount due to Coach House Vets in 2022 - £64,542).

 

Income and receivables from related parties

2023

2022

Parent
£

Receipt of services

450,000