IRIS Accounts Production v24.2.0.383 13541009 Board of Directors 1.4.23 31.3.24 31.3.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh135410092023-03-31135410092024-03-31135410092023-04-012024-03-31135410092022-03-31135410092022-04-012023-03-31135410092023-03-3113541009ns15:EnglandWales2023-04-012024-03-3113541009ns14:PoundSterling2023-04-012024-03-3113541009ns10:Director12023-04-012024-03-3113541009ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3113541009ns10:SmallEntities2023-04-012024-03-3113541009ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3113541009ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3113541009ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3113541009ns10:FullAccounts2023-04-012024-03-3113541009ns10:Director22023-04-012024-03-3113541009ns10:Director32023-04-012024-03-3113541009ns10:Director42023-04-012024-03-3113541009ns10:RegisteredOffice2023-04-012024-03-3113541009ns5:CurrentFinancialInstruments2024-03-3113541009ns5:CurrentFinancialInstruments2023-03-3113541009ns5:Non-currentFinancialInstruments2024-03-3113541009ns5:Non-currentFinancialInstruments2023-03-3113541009ns5:ShareCapital2024-03-3113541009ns5:ShareCapital2023-03-3113541009ns5:RetainedEarningsAccumulatedLosses2024-03-3113541009ns5:RetainedEarningsAccumulatedLosses2023-03-3113541009ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3113541009ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 13541009 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Fletchergate Holdings Ltd

Fletchergate Holdings Ltd (Registered number: 13541009)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Fletchergate Holdings Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: D R Ellis
C Guest
D Carver-Wynne
A Pereira





REGISTERED OFFICE: c/o Das Kino
22 Fletcher Gate
Nottingham
Nottinghamshire
NG1 2FZ





REGISTERED NUMBER: 13541009 (England and Wales)





ACCOUNTANTS: Beaumont Chapman Limited
Foxhall Lodge
Foxhall Road
Nottingham
Nottinghamshire
NG7 6LH

Fletchergate Holdings Ltd (Registered number: 13541009)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,223,250 1,223,250

CURRENT ASSETS
Debtors 5 9,517 12,009
Cash at bank 3,861 11,655
13,378 23,664
CREDITORS
Amounts falling due within one year 6 132,470 125,841
NET CURRENT LIABILITIES (119,092 ) (102,177 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,104,158

1,121,073

CREDITORS
Amounts falling due after more than
one year

7

1,016,711

1,077,733
NET ASSETS 87,447 43,340

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 87,443 43,336
87,447 43,340

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.

Fletchergate Holdings Ltd (Registered number: 13541009)

Balance Sheet - continued
31 March 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 25 September 2024 and were signed on its behalf by:





D R Ellis - Director


Fletchergate Holdings Ltd (Registered number: 13541009)

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

1. STATUTORY INFORMATION

Fletchergate 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.

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.

3. EMPLOYEES AND DIRECTORS

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

Fletchergate Holdings Ltd (Registered number: 13541009)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 1,223,250
NET BOOK VALUE
At 31 March 2024 1,223,250
At 31 March 2023 1,223,250

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 7,500
Other debtors 9,517 4,509
9,517 12,009

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 109,317 109,317
Taxation and social security 18,953 15,324
Other creditors 4,200 1,200
132,470 125,841

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 956,711 1,017,733
Other creditors 60,000 60,000
1,016,711 1,077,733

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 519,443 580,465

Fletchergate Holdings Ltd (Registered number: 13541009)

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

8. RELATED PARTY DISCLOSURES

During the period Panegyric Limited (a company of whom the directors have a controlling interest) rented part of the investment property for £85,000 (2023: £85,000) and £3,000 had been received in advance at 31 March 2024 (2023 : £nil).

During the prior period a loan was made from DDC Investments Limited (a company of whom the directors have a controlling interest) of £60,000. The balance outstanding as at 31 March 2024 is £60,000 (2023: £60,000)

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is DDC Investments Ltd by virtue of its shareholding.