IRIS Accounts Production v24.2.0.383 11620609 Board of Directors 1.4.23 31.3.24 31.3.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116206092023-03-31116206092024-03-31116206092023-04-012024-03-31116206092022-03-31116206092022-04-012023-03-31116206092023-03-3111620609ns15:EnglandWales2023-04-012024-03-3111620609ns14:PoundSterling2023-04-012024-03-3111620609ns10:Director12023-04-012024-03-3111620609ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111620609ns10:SmallEntities2023-04-012024-03-3111620609ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111620609ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111620609ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111620609ns10:FullAccounts2023-04-012024-03-3111620609ns10:Director22023-04-012024-03-3111620609ns10:Director32023-04-012024-03-3111620609ns10:RegisteredOffice2023-04-012024-03-3111620609ns5:CurrentFinancialInstruments2024-03-3111620609ns5:CurrentFinancialInstruments2023-03-3111620609ns5:ShareCapital2024-03-3111620609ns5:ShareCapital2023-03-3111620609ns5:RetainedEarningsAccumulatedLosses2024-03-3111620609ns5:RetainedEarningsAccumulatedLosses2023-03-3111620609ns5:CostValuation2023-03-3111620609ns5:AdditionsToInvestments2024-03-3111620609ns5:DisposalsRepaymentsInvestments2024-03-3111620609ns5:RevaluationsIncreaseDecreaseInInvestments2024-03-3111620609ns5:CostValuation2024-03-3111620609ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3111620609ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 11620609 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

FERMOR HOLDINGS LIMITED

FERMOR HOLDINGS LIMITED (REGISTERED NUMBER: 11620609)

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


FERMOR HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: The Hon F M Goodwin
The Hon F H Fermor-Hesketh
J G R Dashwood





REGISTERED OFFICE: 25 St Thomas Street
Winchester
Hampshire
SO23 9HJ





REGISTERED NUMBER: 11620609 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

FERMOR HOLDINGS LIMITED (REGISTERED NUMBER: 11620609)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,904,787 2,916,037

CURRENT ASSETS
Debtors 5 95,711 99,029
Investments 6 46,545 8,066
Cash at bank 1,402 6,806
143,658 113,901
CREDITORS
Amounts falling due within one year 7 1,539,384 2,250
NET CURRENT (LIABILITIES)/ASSETS (1,395,726 ) 111,651
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,509,061

3,027,688

CAPITAL AND RESERVES
Called up share capital 8 545,000 2,620,000
Retained earnings 964,061 407,688
1,509,061 3,027,688

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 28th October 2024 and were signed on its behalf by:



The Hon F H Fermor-Hesketh - Director


FERMOR HOLDINGS LIMITED (REGISTERED NUMBER: 11620609)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024


1. STATUTORY INFORMATION

Fermor 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.

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.

Fixed asset investments
Fixed asset investments comprise investment in a limited liability partnership and quoted investments. Investment in a limited liability partnership is recognised initially at cost and subsequently adjusted to reflect the share of income and equity, less any impairment. Quoted investments are measured at fair value, any change in fair value is recognised through profit and loss.

3. EMPLOYEES AND DIRECTORS

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

FERMOR HOLDINGS LIMITED (REGISTERED NUMBER: 11620609)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1st April 2023 2,916,037
Additions 1,595,673
Disposals (1,620,313 )
Revaluations 13,390
At 31st March 2024 2,904,787
NET BOOK VALUE
At 31st March 2024 2,904,787
At 31st March 2023 2,916,037

The book cost of listed and unlisted investments before revaluation to fair value at the year ended 31 March 2024 was £2,946,150 (2023: £2,959,417).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 95,711 99,029

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Investments 46,545 8,066

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 1,539,384 2,250

8. CALLED UP SHARE CAPITAL

During the year a capital reduction took place reducing the nominal amount of ordinary shares from £1 to £0.50. The paid up share capital was subsequently transferred to the profit & loss reserve.

A purchase of own shares also took place, followed by a subsequent cancellation of shares resulting in the number of ordinary shares being reduced from 2,620,000 to 1,530,000.

As of 31st March 2024 1,090,000 (2023: 2,620,000) ordinary shares are in existence at a nominal value of £545,000 (2023: £2,620,000).