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REGISTERED NUMBER: 12974434 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

D R A FABB (HOLDINGS) LIMITED

D R A FABB (HOLDINGS) LIMITED (REGISTERED NUMBER: 12974434)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D R A FABB (HOLDINGS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: D R A Fabb
Ms H R Parr





SECRETARY: R Fabb





REGISTERED OFFICE: 27-29 Old Market
Wisbech
Cambridgeshire
PE13 1NE





REGISTERED NUMBER: 12974434 (England and Wales)





ACCOUNTANTS: Wheelers
Chartered Accountants & Tax Consultants
27-29 Old Market
Wisbech
Cambridgeshire
PE13 1NE

D R A FABB (HOLDINGS) LIMITED (REGISTERED NUMBER: 12974434)

BALANCE SHEET
31 JULY 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,315 1,315
Investment property 5 615,960 475,000
617,275 476,315

CURRENT ASSETS
Debtors 6 701,727 735,759
Cash at bank 492,406 436,575
1,194,133 1,172,334
CREDITORS
Amounts falling due within one year 7 30,089 9,754
NET CURRENT ASSETS 1,164,044 1,162,580
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,781,319

1,638,895

PROVISIONS FOR LIABILITIES 13,108 15,608
NET ASSETS 1,768,211 1,623,287

CAPITAL AND RESERVES
Called up share capital 420 420
Fair value reserve 8 39,323 46,823
Retained earnings 1,728,468 1,576,044
1,768,211 1,623,287

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

D R A FABB (HOLDINGS) LIMITED (REGISTERED NUMBER: 12974434)

BALANCE SHEET - continued
31 JULY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 March 2024 and were signed on its behalf by:





D R A Fabb - Director


D R A FABB (HOLDINGS) LIMITED (REGISTERED NUMBER: 12974434)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

D R A Fabb (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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

The directors believe that the company is well placed to manage its financial risks successfully and have reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future. Consequently, it continues to adopt the going concern basis of accounting in preparing the annual financial statements.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is 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.

Consolidation
The parent company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by section 398 of the Companies Act 2006 not to prepare group accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 2 ) .

D R A FABB (HOLDINGS) LIMITED (REGISTERED NUMBER: 12974434)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2022
and 31 July 2023 1,315
NET BOOK VALUE
At 31 July 2023 1,315
At 31 July 2022 1,315

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022 475,000
Additions 150,960
Revaluations (10,000 )
At 31 July 2023 615,960
NET BOOK VALUE
At 31 July 2023 615,960
At 31 July 2022 475,000

Fair value at 31 July 2023 is represented by:
£   
Valuation in 2023 615,960

If investment property had not been revalued it would have been included at the following historical cost:

31.7.23 31.7.22
£    £   
Cost 563,530 412,570

Investment property was valued on an open market basis on 31 July 2023 by the directors .

6. DEBTORS
31.7.23 31.7.22
£    £   
Amounts falling due within one year:
Amounts owed by group undertakings 434,831 573,947
Other debtors 10,861 8,212
445,692 582,159

D R A FABB (HOLDINGS) LIMITED (REGISTERED NUMBER: 12974434)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

6. DEBTORS - continued
31.7.23 31.7.22
£    £   
Amounts falling due after more than one year:
Amounts owed by group undertakings 256,035 153,600

Aggregate amounts 701,727 735,759

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors 722 409
Amounts owed to group undertakings - 272
Taxation and social security 5,195 2,453
Other creditors 24,172 6,620
30,089 9,754

8. RESERVES
Fair
value
reserve
£   
At 1 August 2022 46,823
Reclassification (7,500 )

At 31 July 2023 39,323

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2023 and 31 July 2022:

31.7.23 31.7.22
£    £   
D R A Fabb
Balance outstanding at start of year - -
Amounts advanced 159,682 -
Amounts repaid (157,850 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,832 -