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REGISTERED NUMBER: 00621908 (England and Wales)















F & B INGRAM LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023






F & B INGRAM LIMITED (REGISTERED NUMBER: 00621908)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 SEPTEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


F & B INGRAM LIMITED

COMPANY INFORMATION
For The Year Ended 30 SEPTEMBER 2023







DIRECTORS: Mrs B L Harding
Mrs C A Sharp





SECRETARY: Mrs B L Harding





REGISTERED OFFICE: Lichfield Road
Water Orton
Birmingham
West Midlands
B46 1NU





REGISTERED NUMBER: 00621908 (England and Wales)





ACCOUNTANTS: Charles Lovell & Co Limited
Chartered Certified Accountants
and Statutory Auditors
8 Church Green East
Redditch
Worcestershire
B98 8BP

F & B INGRAM LIMITED (REGISTERED NUMBER: 00621908)

BALANCE SHEET
30 SEPTEMBER 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,570 3,780
Investment property 5 1,821,895 1,821,895
1,825,465 1,825,675

CURRENT ASSETS
Debtors 6 8,204 7,181
Cash at bank 124,473 94,864
132,677 102,045
CREDITORS
Amounts falling due within one year 7 134,871 55,185
NET CURRENT (LIABILITIES)/ASSETS (2,194 ) 46,860
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,823,271

1,872,535

CREDITORS
Amounts falling due after more than one year 8 (15,333 ) (89,333 )

PROVISIONS FOR LIABILITIES (150,448 ) (114,341 )
NET ASSETS 1,657,490 1,668,861

CAPITAL AND RESERVES
Called up share capital 240 240
Non distributable reserves 463,345 463,345
Retained earnings 1,193,905 1,205,276
SHAREHOLDERS' FUNDS 1,657,490 1,668,861

F & B INGRAM LIMITED (REGISTERED NUMBER: 00621908)

BALANCE SHEET - continued
30 SEPTEMBER 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 Board of Directors and authorised for issue on 18 April 2024 and were signed on its behalf by:




Mrs B L Harding - Director



Mrs C A Sharp - Director


F & B INGRAM LIMITED (REGISTERED NUMBER: 00621908)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

F & B Ingram 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

Accounting convention
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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the total income receivable from property rents.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

F & B INGRAM LIMITED (REGISTERED NUMBER: 00621908)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 SEPTEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022
and 30 September 2023 4,200
DEPRECIATION
At 1 October 2022 420
Charge for year 210
At 30 September 2023 630
NET BOOK VALUE
At 30 September 2023 3,570
At 30 September 2022 3,780

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022
and 30 September 2023 1,821,895
NET BOOK VALUE
At 30 September 2023 1,821,895
At 30 September 2022 1,821,895

Included in fair value of investment property is freehold land of £ 150,948 (2022 - £ 150,948 ) which is not depreciated.

Fair value at 30 September 2023 is represented by:
£   
Valuation in 2021 601,793
Cost 1,220,102
1,821,895

If the investment properties had not been revalued they would have been included at the following historical cost:

30.9.23 30.9.22
£    £   
Cost 1,220,102 1,220,102

The investment properties were valued on an open market basis on 30 September 2021 by Mrs B L Harding (director)

F & B INGRAM LIMITED (REGISTERED NUMBER: 00621908)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 SEPTEMBER 2023


5. INVESTMENT PROPERTY - continued

The investment properties were last professionally valued on an open market basis during the year ended 30 September 2013 by Green & Company Professional Services, Jeremy McGinn & Co and John H Cranmer & Co, Chartered Surveyors.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 8,204 7,181

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 56,816 8,000
Trade creditors 751 288
Taxation and social security 66,756 36,024
Other creditors 10,548 10,873
134,871 55,185

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans 15,333 89,333

Included within bank loans due after more than one year is an amount of £Nil (2022 : £66,000) due after more than 5 years by instalments.

9. SECURED DEBTS

The following secured debts are included within creditors:

30.9.23 30.9.22
£    £   
Bank loans 72,149 97,333

10. ULTIMATE CONTROLLING PARTY

Due to the nature of the shareholding, there is no ultimate controlling party.