IRIS Accounts Productionv24.1.0.57809357763Board of Directors1.4.2331.3.2431.3.24truefalsetruefalsefalsetruefalseOrdinary1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh093577632023-03-31093577632024-03-31093577632023-04-012024-03-31093577632022-05-31093577632022-06-012023-03-31093577632023-03-3109357763ns15:EnglandWales2023-04-012024-03-3109357763ns14:PoundSterling2023-04-012024-03-3109357763ns10:Director12023-04-012024-03-3109357763ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3109357763ns10:SmallEntities2023-04-012024-03-3109357763ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3109357763ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3109357763ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3109357763ns10:FullAccounts2023-04-012024-03-3109357763ns10:EntityHasNeverTraded2023-04-012024-03-3109357763ns10:OrdinaryShareClass12023-04-012024-03-3109357763ns10:Director22023-04-012024-03-3109357763ns10:Director32023-04-012024-03-3109357763ns10:Director42023-04-012024-03-3109357763ns10:CompanySecretary12023-04-012024-03-3109357763ns10:RegisteredOffice2023-04-012024-03-3109357763ns5:CurrentFinancialInstruments2024-03-3109357763ns5:CurrentFinancialInstruments2023-03-3109357763ns5:ShareCapital2024-03-3109357763ns5:ShareCapital2023-03-3109357763ns5:CapitalRedemptionReserve2024-03-3109357763ns5:CapitalRedemptionReserve2023-03-3109357763ns5:RetainedEarningsAccumulatedLosses2024-03-3109357763ns5:RetainedEarningsAccumulatedLosses2023-03-3109357763ns5:CostValuation2023-03-3109357763ns5:AdditionsToInvestments2024-03-3109357763ns5:CostValuation2024-03-3109357763ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3109357763ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3109357763ns10:OrdinaryShareClass12024-03-3109357763ns5:RetainedEarningsAccumulatedLosses2023-03-3109357763ns5:CapitalRedemptionReserve2023-03-3109357763ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31

REGISTERED NUMBER: 09357763 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR


FIELDEN FACTORS (HOLDINGS) LIMITED


FIELDEN FACTORS (HOLDINGS) LIMITED (REGISTERED NUMBER: 09357763)







CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024





Page



Company Information  

1



Balance Sheet  

2



Notes to the Financial Statements  

3




FIELDEN FACTORS (HOLDINGS) LIMITED


COMPANY INFORMATION

FOR THE YEAR ENDED 31ST MARCH 2024









DIRECTORS:

Mrs J Whitehead


T J Whitehead


Mrs A E Halstead


P J C May







SECRETARY:

T J Whitehead







REGISTERED OFFICE:

Salford Works


Salford Industrial Estate


Off Rochdale Road


Todmorden


Lancashire


OL14 7LF







REGISTERED NUMBER:

09357763 (England and Wales)







ACCOUNTANTS:

Cresswells


12 Market Street


Hebden Bridge


West Yorkshire


HX7 6AD


FIELDEN FACTORS (HOLDINGS) LIMITED (REGISTERED NUMBER: 09357763)


BALANCE SHEET

31ST MARCH 2024



2024

2023



Notes

£   

£   

£   

£   


FIXED ASSETS

Investments

4

110,100


60,100




CURRENT ASSETS

Debtors

5

1,047,257


937,173



Cash at bank

778,655


720,856



1,825,912


1,658,029



CREDITORS

Amounts falling due within one year

6

1,812,283


1,668,702



NET CURRENT ASSETS/(LIABILITIES)

13,629


(10,673

)


TOTAL ASSETS LESS CURRENT

LIABILITIES

123,729


49,427




CAPITAL AND RESERVES

Called up share capital

7

6,954


6,954



Capital redemption reserve

8

3,046


3,046



Retained earnings

8

113,729


39,427



SHAREHOLDERS' FUNDS

123,729


49,427




The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.  


The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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 6th August 2024 and were signed on its behalf by:






T J Whitehead - Director



FIELDEN FACTORS (HOLDINGS) LIMITED (REGISTERED NUMBER: 09357763)


NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024


1.

STATUTORY INFORMATION



Fielden Factors (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.    



Investments in subsidiaries


Investments in subsidiary undertakings are recognised at cost.



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 4 (2023 - 4 ) .


4.

FIXED ASSET INVESTMENTS


Shares in



group


Other



undertakings


investments


Totals

£   

£   

£   



COST


At 1st April 2023

10,100


50,000


60,100




Additions

-


50,000


50,000




At 31st March 2024

10,100


100,000


110,100




NET BOOK VALUE


At 31st March 2024

10,100


100,000


110,100




At 31st March 2023

10,100


50,000


60,100




FIELDEN FACTORS (HOLDINGS) LIMITED (REGISTERED NUMBER: 09357763)


NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2024


5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2024

2023


£   

£   



Amounts owed by group undertakings

1,047,144


937,173




Prepayments

113


-



1,047,257


937,173




6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2024

2023


£   

£   



Amounts owed to group undertakings

1,782,920


1,638,671




Tax

1,583


2,331




Directors remuneration unpaid

27,300


27,300




Accrued expenses

480


400



1,812,283


1,668,702




7.

CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:


Number:

Class:

Nominal

2024

2023



value:

£   

£   



6,954

Ordinary

£1

6,954


6,954




8.

RESERVES


Capital



Retained


redemption



earnings


reserve


Totals

£   

£   

£   




At 1st April 2023

39,427


3,046


42,473




Profit for the year

74,302


74,302




At 31st March 2024

113,729


3,046


116,775




9.

CONTINGENT LIABILITIES



The company's bankers hold a letter of set-off between the company and other group undertakings.



The company's bankers also hold an unlimited guarantee from a group undertaking for facilities granted to the company.