FERNVILLE DEVELOPMENTS LIMITED

Company Registration Number:
NI072731 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

FERNVILLE DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

FERNVILLE DEVELOPMENTS LIMITED

Balance sheet

As at 31 May 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 277 552
Investments: 4 1,388,325 1,388,325
Total fixed assets: 1,388,602 1,388,877
Current assets
Cash at bank and in hand: 20,823 24,099
Total current assets: 20,823 24,099
Creditors: amounts falling due within one year: 5 (972,035) (1,023,580)
Net current assets (liabilities): (951,212) (999,481)
Total assets less current liabilities: 437,390 389,396
Total net assets (liabilities): 437,390 389,396
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 437,388 389,394
Shareholders funds: 437,390 389,396

The notes form part of these financial statements

FERNVILLE DEVELOPMENTS LIMITED

Balance sheet statements

For the year ending 31 May 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 December 2023
and signed on behalf of the board by:

Name: Gordon Whyte
Status: Director

The notes form part of these financial statements

FERNVILLE DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FERNVILLE DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

FERNVILLE DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible Assets

Total
Cost £
At 01 June 2022 5,880
At 31 May 2023 5,880
Depreciation
At 01 June 2022 5,328
Charge for year 275
At 31 May 2023 5,603
Net book value
At 31 May 2023 277
At 31 May 2022 552

FERNVILLE DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Fixed investments

Fair valueAt 1 June 2022 & 31 May 2023 £1,388,325The directors consider that the carrying amounts of financial assets carried at amortised cost in the financial statements approximate to their fair values.

FERNVILLE DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Creditors: amounts falling due within one year note

Corporation Tax £11,478Other payables £960,557