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REGISTERED NUMBER: 13166443 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Stein Fic Limited

Stein Fic Limited (Registered number: 13166443)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stein Fic Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: B Stein
Mrs L A Stein





REGISTERED OFFICE: The Old Mill
101 Kneeton Road
East Bridgford
Nottingham
NG13 8PJ





REGISTERED NUMBER: 13166443 (England and Wales)





ACCOUNTANTS: Xeinadin
Cabourn House
Station Street
Bingham
Nottinghamshire
NG13 8AQ

Stein Fic Limited (Registered number: 13166443)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 5,071,264 4,931,279

CURRENT ASSETS
Debtors 5 - 260
Cash at bank 191,821 131,504
191,821 131,764
CREDITORS
Amounts falling due within one year 6 18,979 16,115
NET CURRENT ASSETS 172,842 115,649
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,244,106

5,046,928

PROVISIONS FOR LIABILITIES 69,300 38,502
NET ASSETS 5,174,806 5,008,426

CAPITAL AND RESERVES
Called up share capital 4,800 4,800
Share premium 4,795,200 4,795,200
Retained earnings 374,806 208,426
5,174,806 5,008,426

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

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

Stein Fic Limited (Registered number: 13166443)

Balance Sheet - continued
31 January 2024


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 6 September 2024 and were signed on its behalf by:





B Stein - Director


Stein Fic Limited (Registered number: 13166443)

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

1. STATUTORY INFORMATION

Stein Fic 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

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.

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.

Interest income
Interest income is recognised as interest accrues using the effective interest rate method.

Dividend income
Dividend income receivable is recognised when the rights to receive the distributions have been established.

Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

Stein Fic Limited (Registered number: 13166443)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 February 2023 4,931,279
Additions 1,242,629
Disposals (1,227,863 )
Share of profit/(loss) 21,747
Revaluations 103,472
At 31 January 2024 5,071,264
NET BOOK VALUE
At 31 January 2024 5,071,264
At 31 January 2023 4,931,279

Cost or valuation at 31 January 2024 is represented by:

Other
investments
£   
Valuation in 2024 5,071,264

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors - 260

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other creditors 18,979 16,115