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REGISTERED NUMBER: 07240825 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

FPH CAPITAL LTD

FPH CAPITAL LTD (REGISTERED NUMBER: 07240825)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FPH CAPITAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Mr A A Peirce-Howe





SECRETARY: Mrs S Peirce-Howe





REGISTERED OFFICE: Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS





REGISTERED NUMBER: 07240825 (England and Wales)





ACCOUNTANTS: BK Plus Limited
Chartered Accountants
Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS

FPH CAPITAL LTD (REGISTERED NUMBER: 07240825)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 148,867 75,997
Investment property 5 775,000 775,000
923,867 850,997

CURRENT ASSETS
Debtors 6 1,382,787 6,405
Cash at bank 26,780 1,683
1,409,567 8,088
CREDITORS
Amounts falling due within one year 7 1,672,578 368,421
NET CURRENT LIABILITIES (263,011 ) (360,333 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

660,856

490,664

PROVISIONS FOR LIABILITIES 66,241 -
NET ASSETS 594,615 490,664

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 594,614 490,663
594,615 490,664

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

FPH CAPITAL LTD (REGISTERED NUMBER: 07240825)

BALANCE SHEET - continued
30 APRIL 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 director and authorised for issue on 18 November 2024 and were signed by:





Mr A A Peirce-Howe - Director


FPH CAPITAL LTD (REGISTERED NUMBER: 07240825)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

FPH Capital 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents rental income received from properties owned by the company.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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).

FPH CAPITAL LTD (REGISTERED NUMBER: 07240825)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 May 2023 - 75,997 75,997
Additions 68,459 60,029 128,488
Disposals - (75,858 ) (75,858 )
Revaluations - 20,240 20,240
At 30 April 2024 68,459 80,408 148,867
NET BOOK VALUE
At 30 April 2024 68,459 80,408 148,867
At 30 April 2023 - 75,997 75,997

Cost or valuation at 30 April 2024 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2023 - (133,225 ) (133,225 )
Valuation in 2024 - 83,616 83,616
Cost 68,459 130,017 198,476
68,459 80,408 148,867

5. INVESTMENT PROPERTY

Property is stated at market value.

Cost or valuation at 30 April 2024 is represented by:
£   
Valuation in 2023 348,637
Cost 426,363
775,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 69,942 -
Amounts owed by group undertakings 1,308,963 -
Other debtors 3,882 6,405
1,382,787 6,405

FPH CAPITAL LTD (REGISTERED NUMBER: 07240825)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 894 -
Taxation and social security 74,740 2,555
Other creditors 1,596,944 365,866
1,672,578 368,421