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REGISTERED NUMBER: 13961871 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

FS Holdings Ltd

FS Holdings Ltd (Registered number: 13961871)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FS Holdings Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: P Sumner
Mrs M Sumner





SECRETARY:





REGISTERED OFFICE: 230 Davyhulme Road
Urmston
Manchester
M41 8QH





REGISTERED NUMBER: 13961871 (England and Wales)





ACCOUNTANTS: DJ Pape & Associates (NW) Ltd
13 High Street East
Glossop
Derbyshire
SK13 8DA

FS Holdings Ltd (Registered number: 13961871)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,540,177 440,000
Investments 5 1,010,250 500,049
2,550,427 940,049

CURRENT ASSETS
Debtors 6 172,167 100
Cash at bank 1,006,211 1,759,027
1,178,378 1,759,127
CREDITORS
Amounts falling due within one year 7 417,824 490,874
NET CURRENT ASSETS 760,554 1,268,253
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,310,981

2,208,302

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 595,202 -
Retained earnings 2,715,679 2,208,202
SHAREHOLDERS' FUNDS 3,310,981 2,208,302

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 19 August 2024 and were signed on its behalf by:



P Sumner - Director


FS Holdings Ltd (Registered number: 13961871)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

FS Holdings Ltd 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

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

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 NIL (2023 - NIL).

FS Holdings Ltd (Registered number: 13961871)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 April 2023 440,000 - 440,000
Additions 786,740 285,546 1,072,286
Revaluations 85,000 - 85,000
At 31 March 2024 1,311,740 285,546 1,597,286
DEPRECIATION
Charge for year - 57,109 57,109
At 31 March 2024 - 57,109 57,109
NET BOOK VALUE
At 31 March 2024 1,311,740 228,437 1,540,177
At 31 March 2023 440,000 - 440,000

Cost or valuation at 31 March 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 0 1,311,740 285,546 1,597,286

If freehold prop had not been revalued they would have been included at the following historical cost:

31.3.24 31.3.23
£    £   
Cost 1,226,739 -

Value of land in freehold land and buildings 1,226,739 -

Freehold prop were valued on an open market basis on 31 March 2024 by the directors .

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2023 500,049
Revaluations 510,201
At 31 March 2024 1,010,250
NET BOOK VALUE
At 31 March 2024 1,010,250
At 31 March 2023 500,049

FS Holdings Ltd (Registered number: 13961871)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 0 1,010,250

If Unlisted investments had not been revalued they would have been included at the following historical cost:

31.3.24 31.3.23
£    £   
Cost 500,485 -

Unlisted investments were valued on open market basis on 31 March 2024 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 25,327 -
Other debtors 146,840 100
172,167 100

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 1 1
Taxation and social security 2,494 1,220
Other creditors 415,329 489,653
417,824 490,874

8. RESERVES
Revaluation
reserve
£   
Revaluation Reserve 595,202

At 31 March 2024 595,202