Company Registration No. 08419315 (England and Wales)
Fell View Properties Limited
Unaudited accounts
for the year ended 28 February 2025
Fell View Properties Limited
Unaudited accounts
Contents
Fell View Properties Limited
Company Information
for the year ended 28 February 2025
Directors
Claire Louise Nixon
Barry Scholey
Company Number
08419315 (England and Wales)
Registered Office
Fellview Mid Town
Dearham
Maryport
Cumbria
CA157HE
United Kingdom
Accountants
Angela Black FMAAT
AB Accountancy Solutions Ltd
64 Ruskin Close
High Harrington
Cumbria
CA144LS
Fell View Properties Limited
Statement of financial position
as at 28 February 2025
Tangible assets
44,861
52,364
Investment property
345,000
345,000
Cash at bank and in hand
572
1,365
Creditors: amounts falling due within one year
(2,658)
(6,876)
Net current assets/(liabilities)
6,051
(5,102)
Total assets less current liabilities
395,912
392,262
Creditors: amounts falling due after more than one year
(265,501)
(270,078)
Net assets
130,411
122,184
Called up share capital
1,000
1,000
Profit and loss account
129,411
121,184
Shareholders' funds
130,411
122,184
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2025 and were signed on its behalf by
Barry Scholey
Director
Company Registration No. 08419315
Fell View Properties Limited
Notes to the Accounts
for the year ended 28 February 2025
Fell View Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 08419315. The registered office is Fellview Mid Town, Dearham, Maryport, Cumbria, CA157HE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
15% Reducing balance basis
Fixtures & fittings
25% Reducing balance basis
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2024
57,740
7,033
64,773
At 28 February 2025
57,740
7,627
65,367
At 1 March 2024
6,315
6,094
12,409
Charge for the year
7,714
383
8,097
At 28 February 2025
14,029
6,477
20,506
At 28 February 2025
43,711
1,150
44,861
At 29 February 2024
51,425
939
52,364
Fair value at 1 March 2024
345,000
At 28 February 2025
345,000
Fell View Properties Limited
Notes to the Accounts
for the year ended 28 February 2025
Amounts falling due within one year
Accrued income and prepayments
8,137
409
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
1,524
Taxes and social security
2,133
1,662
8
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
256,838
107,082
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).