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REGISTERED NUMBER: 12935585 (England and Wales)















FENN SHUI LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024






FENN SHUI LIMITED (REGISTERED NUMBER: 12935585)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


FENN SHUI LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: A Fenn





REGISTERED OFFICE: Apartment 7 Ivy House
Merrymans Lane
Alderley Edge
Cheshire
SK9 7TN





REGISTERED NUMBER: 12935585 (England and Wales)





ACCOUNTANTS: DJH Bury Limited
The Exchange
5 Bank Street
Bury
Lancashire
BL9 0DN

FENN SHUI LIMITED (REGISTERED NUMBER: 12935585)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 8,346 4,958
Cash at bank and in hand 10,860 6,056
19,206 11,014
CREDITORS
Amounts falling due within one year 5 (18,974 ) (10,842 )
NET CURRENT ASSETS 232 172
TOTAL ASSETS LESS CURRENT
LIABILITIES

232

172

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 132 72
232 172

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 16 January 2025 and were signed by:





A Fenn - Director


FENN SHUI LIMITED (REGISTERED NUMBER: 12935585)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

Fenn Shui Limited is a private company, limited by shares, registered in England and Wales, registered number 12935585. The registered office is Apartment 7 Ivy House, Merrymans Lane, Alderley Edge, Cheshire, SK9 7TN.

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.

Going concern
The company has traded profitably and expects this to continue post period end.

As a result of the above, the director is satisfied that the company is a going concern and that the financial statements are correctly prepared on this basis.

Significant judgements and estimates
There are currently no significant judgements and estimates applied by the director which are considered key to the preparation of the financial statements.

Revenue
Revenue comprises the fair value of services provided, rebates and discounts. Service revenues are recognised as those services are provided to customers.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled.

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 statement of financial position date.


FENN SHUI LIMITED (REGISTERED NUMBER: 12935585)

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


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Dividends
Equity dividends are recognised when they become legally payable and are no longer at the discretion of the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 8,346 4,958

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 17,300 9,018
Other creditors 1,674 1,824
18,974 10,842

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

2024 2023
£    £   
A Fenn
Balance outstanding at start of year 3,782 3,002
Amounts advanced 82,925 22,934
Amounts repaid (82,654 ) (22,154 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,053 3,782

Included in other debtors at the year end is an overdrawn directors loan balance of £4,053, the maximum overdrawn amount in the year was £36,295. The balance is unsecured and interest free and repayable on demand.