IRIS Accounts Production v24.3.0.553 06826571 director 1.3.23 29.2.24 29.2.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068265712023-02-28068265712024-02-29068265712023-03-012024-02-29068265712022-02-28068265712022-03-012023-02-28068265712023-02-2806826571ns15:EnglandWales2023-03-012024-02-2906826571ns14:PoundSterling2023-03-012024-02-2906826571ns10:Director12023-03-012024-02-2906826571ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2906826571ns10:SmallEntities2023-03-012024-02-2906826571ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2906826571ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2906826571ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2906826571ns10:FullAccounts2023-03-012024-02-2906826571ns10:OrdinaryShareClass12023-03-012024-02-2906826571ns10:RegisteredOffice2023-03-012024-02-2906826571ns5:CurrentFinancialInstruments2024-02-2906826571ns5:CurrentFinancialInstruments2023-02-2806826571ns5:ShareCapital2024-02-2906826571ns5:ShareCapital2023-02-2806826571ns5:RetainedEarningsAccumulatedLosses2024-02-2906826571ns5:RetainedEarningsAccumulatedLosses2023-02-2806826571ns5:PlantMachinery2023-03-012024-02-2906826571ns5:ComputerEquipment2023-03-012024-02-2906826571ns5:LeaseholdImprovements2023-02-2806826571ns5:PlantMachinery2023-02-2806826571ns5:ComputerEquipment2023-02-2806826571ns5:LeaseholdImprovements2023-03-012024-02-2906826571ns5:LeaseholdImprovements2024-02-2906826571ns5:PlantMachinery2024-02-2906826571ns5:ComputerEquipment2024-02-2906826571ns5:LeaseholdImprovements2023-02-2806826571ns5:PlantMachinery2023-02-2806826571ns5:ComputerEquipment2023-02-2806826571ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2906826571ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-2806826571ns5:DeferredTaxation2023-02-2806826571ns5:DeferredTaxation2023-03-012024-02-2906826571ns5:DeferredTaxation2024-02-2906826571ns10:OrdinaryShareClass12024-02-2906826571ns5:RetainedEarningsAccumulatedLosses2023-02-2806826571ns5:RetainedEarningsAccumulatedLosses2023-03-012024-02-29068265711ns10:Director12023-02-28068265711ns10:Director12022-02-28068265711ns10:Director12023-03-012024-02-29068265711ns10:Director12022-03-012023-02-28068265711ns10:Director12024-02-29068265711ns10:Director12023-02-28
REGISTERED NUMBER: 06826571 (England and Wales)









Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Fentura Production Services Ltd

Fentura Production Services Ltd (Registered number: 06826571)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Fentura Production Services Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: C H Hatton





REGISTERED OFFICE: 110 Cygnet Avenue
Feltham
Middlesex
TW14 0DT





REGISTERED NUMBER: 06826571 (England and Wales)





ACCOUNTANTS: Nichols & Co ( Accountancy ) Limited
Chartered Accountants
Unit 7
Mulberry Place
Pinnell Road
Eltham
London
SE9 6AR

Fentura Production Services Ltd (Registered number: 06826571)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £ £
FIXED ASSETS
Tangible assets 4 225,120 254,847

CURRENT ASSETS
Debtors 5 123,280 144,708
Cash at bank 20,857 51,224
144,137 195,932
CREDITORS
Amounts falling due within one year 6 (170,898 ) (185,142 )
NET CURRENT (LIABILITIES)/ASSETS (26,761 ) 10,790
TOTAL ASSETS LESS CURRENT
LIABILITIES

198,359

265,637

PROVISIONS FOR LIABILITIES 7 (50,476 ) (43,092 )
NET ASSETS 147,883 222,545

CAPITAL AND RESERVES
Called up share capital 8 500 500
Retained earnings 9 147,383 222,045
SHAREHOLDERS' FUNDS 147,883 222,545

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 21 November 2024 and were signed by:



C H Hatton - Director


Fentura Production Services Ltd (Registered number: 06826571)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Fentura Production Services 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.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Computer equipment - 20% on reducing balance

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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

Fentura Production Services Ltd (Registered number: 06826571)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Improvements Plant and Computer
to property machinery equipment Totals
£ £ £ £
COST
At 1 March 2023 14,078 1,111,429 10,725 1,136,232
Additions 3 18,366 7,692 26,061
Disposals - (1,575 ) - (1,575 )
At 29 February 2024 14,081 1,128,220 18,417 1,160,718
DEPRECIATION
At 1 March 2023 5,075 868,594 7,716 881,385
Charge for year 1,408 52,240 2,140 55,788
Eliminated on disposal - (1,575 ) - (1,575 )
At 29 February 2024 6,483 919,259 9,856 935,598
NET BOOK VALUE
At 29 February 2024 7,598 208,961 8,561 225,120
At 28 February 2023 9,003 242,835 3,009 254,847

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£ £
Trade debtors 108,595 129,200
Other debtors 14,685 15,508
123,280 144,708

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£ £
Bank loans and overdrafts 1,233 4,233
Trade creditors 42,897 38,020
Taxation and social security 11,563 15,524
Other creditors 115,205 127,365
170,898 185,142

7. PROVISIONS FOR LIABILITIES
29.2.24 28.2.23
£ £
Deferred tax 50,476 43,092

Deferred tax
£
Balance at 1 March 2023 43,092
Provided during year 7,384
Timing differences
Balance at 29 February 2024 50,476

Fentura Production Services Ltd (Registered number: 06826571)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £ £
500 Ordinary £1 500 500

9. RESERVES
Retained
earnings
£

At 1 March 2023 222,045
Deficit for the year (54,662 )
Dividends (20,000 )
At 29 February 2024 147,383

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

29.2.24 28.2.23
£ £
C H Hatton
Balance outstanding at start of year (54,343 ) (39,289 )
Amounts advanced 14,700 18,200
Amounts repaid (10,512 ) (33,254 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (50,155 ) (54,343 )

The above loan is interest free and repayable upon demand.

11. RELATED PARTY DISCLOSURES

C H Hatton
Director and shareholder in the company.

Dividends of £10,200 (2023: £25,500) were declared and paid to C H Hatton.

At the year end the company owed £50,155 (2023: £54,343) to C H Hatton.

V K Hatton
Shareholder in the company.

Dividends of £9,800 (2023: £24,500) were declared and paid to V K Hatton.

At the year end the company owed £53,655 to V K Hatton. (2023: £53,655).

12. ULTIMATE CONTROLLING PARTY

Mr C H Hatton is the controlling party by virtue of his shareholding.