2023-03-012024-02-292024-02-29false10761622FPM Holdings Limited2024-11-2864209iso4217:GBPxbrli:pure107616222023-03-01107616222024-02-29107616222023-03-012024-02-29107616222022-06-01107616222023-02-28107616222022-06-012023-02-2810761622bus:SmallEntities2023-03-012024-02-2910761622bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2910761622bus:AbridgedAccounts2023-03-012024-02-2910761622bus:PrivateLimitedCompanyLtd2023-03-012024-02-2910761622core:WithinOneYear2024-02-2910761622core:AfterOneYear2024-02-2910761622core:WithinOneYear2023-02-2810761622core:AfterOneYear2023-02-2810761622core:ShareCapital2024-02-2910761622core:SharePremium2024-02-2910761622core:RevaluationReserve2024-02-2910761622core:OtherReservesSubtotal2024-02-2910761622core:RetainedEarningsAccumulatedLosses2024-02-2910761622core:ShareCapital2023-02-2810761622core:SharePremium2023-02-2810761622core:RevaluationReserve2023-02-2810761622core:OtherReservesSubtotal2023-02-2810761622core:RetainedEarningsAccumulatedLosses2023-02-2810761622core:LandBuildings2024-02-2910761622core:PlantMachinery2024-02-2910761622core:Vehicles2024-02-2910761622core:FurnitureFittings2024-02-2910761622core:OfficeEquipment2024-02-2910761622core:NetGoodwill2024-02-2910761622core:IntangibleAssetsOtherThanGoodwill2024-02-2910761622core:ListedExchangeTraded2024-02-2910761622core:UnlistedNon-exchangeTraded2024-02-2910761622core:LandBuildings2023-02-2810761622core:PlantMachinery2023-02-2810761622core:Vehicles2023-02-2810761622core:FurnitureFittings2023-02-2810761622core:OfficeEquipment2023-02-2810761622core:NetGoodwill2023-02-2810761622core:IntangibleAssetsOtherThanGoodwill2023-02-2810761622core:ListedExchangeTraded2023-02-2810761622core:UnlistedNon-exchangeTraded2023-02-2810761622core:LandBuildings2023-03-012024-02-2910761622core:PlantMachinery2023-03-012024-02-2910761622core:Vehicles2023-03-012024-02-2910761622core:FurnitureFittings2023-03-012024-02-2910761622core:OfficeEquipment2023-03-012024-02-2910761622core:NetGoodwill2023-03-012024-02-2910761622core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2910761622core:ListedExchangeTraded2023-03-012024-02-2910761622core:UnlistedNon-exchangeTraded2023-03-012024-02-2910761622core:MoreThanFiveYears2023-03-012024-02-2910761622core:Non-currentFinancialInstruments2024-02-2910761622core:Non-currentFinancialInstruments2023-02-2810761622dpl:CostSales2023-03-012024-02-2910761622dpl:DistributionCosts2023-03-012024-02-2910761622core:LandBuildings2023-03-012024-02-2910761622core:PlantMachinery2023-03-012024-02-2910761622core:Vehicles2023-03-012024-02-2910761622core:FurnitureFittings2023-03-012024-02-2910761622core:OfficeEquipment2023-03-012024-02-2910761622dpl:AdministrativeExpenses2023-03-012024-02-2910761622core:NetGoodwill2023-03-012024-02-2910761622core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2910761622dpl:GroupUndertakings2023-03-012024-02-2910761622dpl:ParticipatingInterests2023-03-012024-02-2910761622dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2910761622core:ListedExchangeTraded2023-03-012024-02-2910761622dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2910761622core:UnlistedNon-exchangeTraded2023-03-012024-02-2910761622dpl:CostSales2022-06-012023-02-2810761622dpl:DistributionCosts2022-06-012023-02-2810761622core:LandBuildings2022-06-012023-02-2810761622core:PlantMachinery2022-06-012023-02-2810761622core:Vehicles2022-06-012023-02-2810761622core:FurnitureFittings2022-06-012023-02-2810761622core:OfficeEquipment2022-06-012023-02-2810761622dpl:AdministrativeExpenses2022-06-012023-02-2810761622core:NetGoodwill2022-06-012023-02-2810761622core:IntangibleAssetsOtherThanGoodwill2022-06-012023-02-2810761622dpl:GroupUndertakings2022-06-012023-02-2810761622dpl:ParticipatingInterests2022-06-012023-02-2810761622dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-02-2810761622core:ListedExchangeTraded2022-06-012023-02-2810761622dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-02-2810761622core:UnlistedNon-exchangeTraded2022-06-012023-02-2810761622core:NetGoodwill2024-02-2910761622core:IntangibleAssetsOtherThanGoodwill2024-02-2910761622core:LandBuildings2024-02-2910761622core:PlantMachinery2024-02-2910761622core:Vehicles2024-02-2910761622core:FurnitureFittings2024-02-2910761622core:OfficeEquipment2024-02-2910761622core:AfterOneYear2024-02-2910761622core:WithinOneYear2024-02-2910761622core:ListedExchangeTraded2024-02-2910761622core:UnlistedNon-exchangeTraded2024-02-2910761622core:ShareCapital2024-02-2910761622core:SharePremium2024-02-2910761622core:RevaluationReserve2024-02-2910761622core:OtherReservesSubtotal2024-02-2910761622core:RetainedEarningsAccumulatedLosses2024-02-2910761622core:NetGoodwill2023-02-2810761622core:IntangibleAssetsOtherThanGoodwill2023-02-2810761622core:LandBuildings2023-02-2810761622core:PlantMachinery2023-02-2810761622core:Vehicles2023-02-2810761622core:FurnitureFittings2023-02-2810761622core:OfficeEquipment2023-02-2810761622core:AfterOneYear2023-02-2810761622core:WithinOneYear2023-02-2810761622core:ListedExchangeTraded2023-02-2810761622core:UnlistedNon-exchangeTraded2023-02-2810761622core:ShareCapital2023-02-2810761622core:SharePremium2023-02-2810761622core:RevaluationReserve2023-02-2810761622core:OtherReservesSubtotal2023-02-2810761622core:RetainedEarningsAccumulatedLosses2023-02-2810761622core:NetGoodwill2022-06-0110761622core:IntangibleAssetsOtherThanGoodwill2022-06-0110761622core:LandBuildings2022-06-0110761622core:PlantMachinery2022-06-0110761622core:Vehicles2022-06-0110761622core:FurnitureFittings2022-06-0110761622core:OfficeEquipment2022-06-0110761622core:AfterOneYear2022-06-0110761622core:WithinOneYear2022-06-0110761622core:ListedExchangeTraded2022-06-0110761622core:UnlistedNon-exchangeTraded2022-06-0110761622core:ShareCapital2022-06-0110761622core:SharePremium2022-06-0110761622core:RevaluationReserve2022-06-0110761622core:OtherReservesSubtotal2022-06-0110761622core:RetainedEarningsAccumulatedLosses2022-06-0110761622core:AfterOneYear2023-03-012024-02-2910761622core:WithinOneYear2023-03-012024-02-2910761622core:Non-currentFinancialInstrumentscore:CostValuation2023-03-012024-02-2910761622core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-012024-02-2910761622core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-012024-02-2910761622core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-012024-02-2910761622core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-012024-02-2910761622core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-012024-02-2910761622core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2910761622core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2910761622core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2910761622core:Non-currentFinancialInstrumentscore:CostValuation2024-02-2910761622core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-02-2910761622core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-02-2910761622core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-02-2910761622core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-02-2910761622core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-02-2910761622core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-02-2910761622core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-02-2910761622core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-02-2910761622core:Non-currentFinancialInstrumentscore:CostValuation2023-02-2810761622core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-2810761622core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-2810761622core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-2810761622core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-2810761622core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-2810761622core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-2810761622core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-2810761622core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-2810761622bus:Director12023-03-012024-02-2910761622bus:Director22023-03-012024-02-29

FPM Holdings Limited

Registered Number
10761622
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

FPM Holdings Limited
Company Information
for the year from 1 March 2023 to 29 February 2024

Directors

Mrs E Murdoch
Mr FP Murdoch

Registered Address

Unit 4 Green Farm
Burghfield
Reading
RG30 3TU

Registered Number

10761622 (England and Wales)
FPM Holdings Limited
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets370,48278,975
Investments4280,150280,150
350,632359,125
Current assets
Debtors518,35421,325
Cash at bank and on hand83,94094,620
102,294115,945
Creditors amounts falling due within one year6(173,298)(147,729)
Net current assets (liabilities)(71,004)(31,784)
Total assets less current liabilities279,628327,341
Creditors amounts falling due after one year7(27,933)(38,613)
Net assets251,695288,728
Capital and reserves
Called up share capital150150
Profit and loss account251,545288,578
Shareholders' funds251,695288,728
The financial statements were approved and authorised for issue by the Board of Directors on 28 November 2024, and are signed on its behalf by:
Mr FP Murdoch
Director
Registered Company No. 10761622
FPM Holdings Limited
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
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.
Functional and presentation currency
The presentation currency of the financial statements is the Pound Sterling (£).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Current taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Reducing balance (%)
Vehicles25
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities. Financial assets are measured at amortised cost and comprise of cash and cash equivalents and trade and other debtors. Financial liabilities are measured at amortised cost and comprise of trade and other creditors.
2.Average number of employees

20242023
Average number of employees during the year00
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 March 23110,112
Additions12,000
At 29 February 24122,112
Depreciation and impairment
At 01 March 2331,136
Charge for year20,494
At 29 February 2451,630
Net book value
At 29 February 2470,482
At 28 February 2378,975
4.Fixed asset investments

Total

£
Cost or valuation
At 01 March 23280,150
At 29 February 24280,150
Net book value
At 29 February 24280,150
At 28 February 23280,150
5.Debtors: amounts due within one year

2024

2023

££
Amounts owed by associates and joint ventures / participating interests5,99411,827
Other debtors1,237-
Total7,23111,827
6.Creditors: amounts due within one year

2024

2023

££
Amounts owed to related parties34,73615,671
Taxation and social security-360
Finance lease and HP contracts22,34627,220
Other creditors116,216104,478
Total173,298147,729
7.Creditors: amounts due after one year

2024

2023

££
Other creditors27,93338,613
Total27,93338,613
8.Obligations under finance leases

2024

2023

££
Finance lease and HP contracts27,93338,613