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REGISTERED NUMBER: 03042448 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

FELSHAM INVESTMENTS LIMITED

FELSHAM INVESTMENTS LIMITED (REGISTERED NUMBER: 03042448)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FELSHAM INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr Marc Bernard Lewis





REGISTERED OFFICE: Second Floor
Windsor House
40/41 Great Castle Street
London
W1W 8LU





REGISTERED NUMBER: 03042448 (England and Wales)





ACCOUNTANTS: Jamieson Stone LLP
Windsor House
40/41 Great Castle Street
London
W1W 8LU

FELSHAM INVESTMENTS LIMITED (REGISTERED NUMBER: 03042448)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 865 1,153
Investments 5 - 192,741
Investment property 6 1,050,000 1,050,000
1,050,865 1,243,894

CURRENT ASSETS
Stocks 7 319,697 319,697
Debtors 8 1,779 -
Cash at bank 1,014,102 901,873
1,335,578 1,221,570
CREDITORS
Amounts falling due within one year 9 (90,661 ) (107,793 )
NET CURRENT ASSETS 1,244,917 1,113,777
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,295,782

2,357,671

CREDITORS
Amounts falling due after more than one
year

10

(823,708

)

(823,399

)

PROVISIONS FOR LIABILITIES (216 ) (219 )
NET ASSETS 1,471,858 1,534,053

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 685,372 685,372
Retained earnings 786,386 848,581
SHAREHOLDERS' FUNDS 1,471,858 1,534,053

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

FELSHAM INVESTMENTS LIMITED (REGISTERED NUMBER: 03042448)

BALANCE SHEET - continued
31 MARCH 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 14 March 2025 and were signed by:





Mr Marc Bernard Lewis - Director


FELSHAM INVESTMENTS LIMITED (REGISTERED NUMBER: 03042448)

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

1. STATUTORY INFORMATION

Felsham Investments Limited 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 as modified by the revaluation of certain assets.

Turnover
Turnover is the total amount receivable by the company excluding Value Added Tax, in the ordinary course of its business and comprises rental income, proceeds from sales of properties, fees, commissions and other income.

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.
Fixtures, fittings & equipment - 25% on reducing balance

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.

Work-in-progress
Work-in-progress is valued by the director at the lower of cost and net realisable value.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

FELSHAM INVESTMENTS LIMITED (REGISTERED NUMBER: 03042448)

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

2. ACCOUNTING POLICIES - continued

Unlisted fixed asset investments
Unlisted fixed asset investments are stated at cost, less provision for permanent diminution in value.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
& equipment
£   
COST
At 1 April 2023
and 31 March 2024 138,304
DEPRECIATION
At 1 April 2023 137,151
Charge for year 288
At 31 March 2024 137,439
NET BOOK VALUE
At 31 March 2024 865
At 31 March 2023 1,153

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023 192,741
Disposals (192,741 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 192,741

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 1,050,000
NET BOOK VALUE
At 31 March 2024 1,050,000
At 31 March 2023 1,050,000

FELSHAM INVESTMENTS LIMITED (REGISTERED NUMBER: 03042448)

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

6. INVESTMENT PROPERTY - continued

The value of investment properties is represented by cost £364,628 (2023: £364,628) and revaluations £685,372 (2023: £685,372).

7. STOCKS
2024 2023
£    £   
Work-in-progress 319,697 319,697

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments 1,779 -

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax - 40,632
Social security and other taxes 479 876
Other creditors 18,811 3,990
Director's current account 55,501 42,894
Accruals and deferred income 15,870 19,401
90,661 107,793

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans due after 5 years
non-instalments 823,708 823,399
823,708 823,399

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans due after 5 years
non-instalments 823,708 823,399
823,708 823,399