1 October 2022 false No description of principal activity Taxfiler 2024.5 10379445business:PrivateLimitedCompanyLtd2022-10-012023-09-30 103794452022-09-30 103794452022-10-012023-09-30 10379445business:AuditExempt-NoAccountantsReport2022-10-012023-09-30 10379445business:FilletedAccounts2022-10-012023-09-30 103794452023-09-30 10379445business:Director12022-10-012023-09-30 10379445business:RegisteredOffice2022-10-012023-09-30 103794452022-09-30 10379445core:WithinOneYear2023-09-30 10379445core:WithinOneYear2022-09-30 10379445core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 10379445core:ShareCapitalcore:PreviouslyStatedAmount2022-09-30 10379445core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 10379445core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-09-30 10379445core:PreviouslyStatedAmount2023-09-30 10379445core:PreviouslyStatedAmount2022-09-30 10379445business:SmallEntities2022-10-012023-09-30 10379445countries:EnglandWales2022-10-012023-09-30 10379445core:ComputerEquipment2022-10-012023-09-30 10379445core:ComputerEquipment2022-09-30 10379445core:ComputerEquipment2023-09-30 103794452021-10-012022-09-30 iso4217:GBP xbrli:pure
Company Registration No. 10379445 (England and Wales)
Felsham Partners Ltd Unaudited accounts for the year ended 30 September 2023
Felsham Partners Ltd Unaudited accounts Contents
Page
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Felsham Partners Ltd Company Information for the year ended 30 September 2023
Director
Adil Lalani
Company Number
10379445 (England and Wales)
Registered Office
Admirals Offices Main Gate Road The Historic Dockyard Chatham Kent ME4 4TZ England
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Felsham Partners Ltd Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
625 
- 
Investments
738,000 
738,000 
738,625 
738,000 
Current assets
Debtors
217,109 
72,751 
Cash at bank and in hand
43,934 
87,278 
261,043 
160,029 
Creditors: amounts falling due within one year
(79,059)
(46,674)
Net current assets
181,984 
113,355 
Net assets
920,609 
851,355 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
920,608 
851,354 
Shareholders' funds
920,609 
851,355 
For the year ending 30 September 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 August 2024 and were signed on its behalf by
Adil Lalani Director Company Registration No. 10379445
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Felsham Partners Ltd Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Felsham Partners Ltd is a private company, limited by shares, registered in England and Wales, registration number 10379445. The registered office is Admirals Offices, Main Gate Road The Historic Dockyard, Chatham, Kent, ME4 4TZ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% straight line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Felsham Partners Ltd Notes to the Accounts for the year ended 30 September 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 October 2022
6,947 
Additions
938 
At 30 September 2023
7,885 
Depreciation
At 1 October 2022
6,947 
Charge for the year
313 
At 30 September 2023
7,260 
Net book value
At 30 September 2023
625 
5
Investments
Other investments 
£ 
Valuation at 1 October 2022
738,000 
Valuation at 30 September 2023
738,000 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
217,109 
70,500 
Other debtors
- 
2,251 
217,109 
72,751 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
35,350 
37,718 
Trade creditors
15,350 
240 
Taxes and social security
28,359 
8,088 
Other creditors
- 
628 
79,059 
46,674 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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