Friary Holdings Limited 13216064 false 2023-03-01 2024-01-31 2024-01-31 The principal activity of the company is activities of other holding companies not elsewhere classified. Digita Accounts Production Advanced 6.30.9574.0 true true 13216064 2023-03-01 2024-01-31 13216064 2024-01-31 13216064 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:Non-currentFinancialInstruments 2024-01-31 13216064 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 13216064 bus:SmallEntities 2023-03-01 2024-01-31 13216064 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-01-31 13216064 bus:FilletedAccounts 2023-03-01 2024-01-31 13216064 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-01-31 13216064 bus:RegisteredOffice 2023-03-01 2024-01-31 13216064 bus:Director1 2023-03-01 2024-01-31 13216064 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-01-31 13216064 countries:EnglandWales 2023-03-01 2024-01-31 13216064 2022-03-01 2023-02-28 13216064 2023-02-28 13216064 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13216064

Friary Holdings Limited

Unaudited Filleted Financial Statements

for the Period from 1 March 2023 to 31 January 2024

 

Friary Holdings Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Friary Holdings Limited

Company Information

Director

Mr Charles Skinner

Registration number

13216064

Registered office

13 Moorhouse Road
London
W2 5DH

Accountants

mca Shepherd Smail
21 Market Place
Cirencester
Gloucestershire
GL7 2NX

 

Friary Holdings Limited

(Registration number: 13216064)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Other financial assets

4

1,527,628

1,322,776

Current assets

 

Cash at bank and in hand

 

1,250

960

Creditors: Amounts falling due within one year

5

(1,867,693)

(1,893,313)

Net current liabilities

 

(1,866,443)

(1,892,353)

Net liabilities

 

(338,815)

(569,577)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(338,915)

(569,677)

Shareholders' deficit

 

(338,815)

(569,577)

For the financial period ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 October 2024
 

Mr Charles Skinner

Director

 

Friary Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2023 to 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
13 Moorhouse Road
London
W2 5DH

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Friary Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2023 to 31 January 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2023 - 1).

4

Other financial assets (current and non-current)

Fixed asset investments
£

Total
£

Non-current financial assets

Cost or valuation

FA investment - listed other shares bfwd

1,322,776

1,322,776

FA investment - listed other shares revaluation

204,852

204,852

At 31 January 2024

1,527,628

1,527,628

Carrying amount

At 31 January 2024

1,527,628

1,527,628

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

1,380

900

Other creditors

1,866,313

1,892,413

1,867,693

1,893,313

 

Friary Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2023 to 31 January 2024

6

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

55 Ordinary shares of £1 each

55

55

55

55

15 Ordinary A shares of £1 each

15

15

15

15

15 Ordinary B shares of £1 each

15

15

15

15

15 Ordinary C shares of £1 each

15

15

15

15

 

100

100

100

100