IRIS Accounts Production v25.1.0.734 10151464 director 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh101514642023-09-30101514642024-09-30101514642023-10-012024-09-30101514642022-09-30101514642022-10-012023-09-30101514642023-09-3010151464ns15:EnglandWales2023-10-012024-09-3010151464ns14:PoundSterling2023-10-012024-09-3010151464ns10:Director12023-10-012024-09-3010151464ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3010151464ns10:SmallEntities2023-10-012024-09-3010151464ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3010151464ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3010151464ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3010151464ns10:FullAccounts2023-10-012024-09-3010151464ns10:RegisteredOffice2023-10-012024-09-3010151464ns5:CurrentFinancialInstruments2024-09-3010151464ns5:CurrentFinancialInstruments2023-09-3010151464ns5:Non-currentFinancialInstruments2024-09-3010151464ns5:Non-currentFinancialInstruments2023-09-3010151464ns5:ShareCapital2024-09-3010151464ns5:ShareCapital2023-09-3010151464ns5:RetainedEarningsAccumulatedLosses2024-09-3010151464ns5:RetainedEarningsAccumulatedLosses2023-09-3010151464ns5:PlantMachinery2023-10-012024-09-3010151464ns5:MotorVehicles2023-10-012024-09-3010151464ns5:PlantMachinery2023-09-3010151464ns5:MotorVehicles2023-09-3010151464ns5:PlantMachinery2024-09-3010151464ns5:MotorVehicles2024-09-3010151464ns5:PlantMachinery2023-09-3010151464ns5:MotorVehicles2023-09-30
REGISTERED NUMBER: 10151464 (England and Wales)














FCC ASSET HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






FCC ASSET HOLDINGS LIMITED (REGISTERED NUMBER: 10151464)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


FCC ASSET HOLDINGS LIMITED

COMPANY INFORMATION
for the Year Ended 30 September 2024







DIRECTOR: I Oakman





REGISTERED OFFICE: Kensal House
President Way
Luton
Bedfordshire
LU2 9NR





REGISTERED NUMBER: 10151464 (England and Wales)





ACCOUNTANTS: Miller & Co
Chartered Accountants
5 Imperial Court
Laporte Way
Luton
Bedfordshire
LU4 8FE

FCC ASSET HOLDINGS LIMITED (REGISTERED NUMBER: 10151464)

STATEMENT OF FINANCIAL POSITION
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 996,585 741,513

CURRENT ASSETS
Cash at bank 276 869

CREDITORS
Amounts falling due within one year 6 405,693 274,353
NET CURRENT LIABILITIES (405,417 ) (273,484 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

591,168

468,029

CREDITORS
Amounts falling due after more than one
year

7

543,307

422,752
NET ASSETS 47,861 45,277

CAPITAL AND RESERVES
Called up, paid and allotted share capital 100 100
Retained earnings 47,761 45,177
SHAREHOLDERS' FUNDS 47,861 45,277

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

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

FCC ASSET HOLDINGS LIMITED (REGISTERED NUMBER: 10151464)

STATEMENT OF FINANCIAL POSITION - continued
30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 April 2025 and were signed by:





I Oakman - Director


FCC ASSET HOLDINGS LIMITED (REGISTERED NUMBER: 10151464)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

FCC Asset Holdings 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.

The presentation currency of the financial statements is the Pound Sterling, rounded to the nearest pound.

2. 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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Income recognition
Income is recognised when services have been delivered to customers such that the risks and rewards of ownership have been transferred to them.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Number plates - 25% on reducing balance
Motor vehicles - at variable rates on reducing balance

Taxation
Current tax represents the amount of tax payable or receivable in respect of taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected the be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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 balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

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.

4. EMPLOYEES AND DIRECTORS

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

FCC ASSET HOLDINGS LIMITED (REGISTERED NUMBER: 10151464)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024

5. TANGIBLE FIXED ASSETS
Number Motor
plates vehicles Totals
£    £    £   
COST
At 1 October 2023 1,649 1,122,922 1,124,571
Additions - 414,561 414,561
Disposals - (153,381 ) (153,381 )
At 30 September 2024 1,649 1,384,102 1,385,751
DEPRECIATION
At 1 October 2023 1,278 381,780 383,058
Charge for year 93 103,146 103,239
Eliminated on disposal - (97,131 ) (97,131 )
At 30 September 2024 1,371 387,795 389,166
NET BOOK VALUE
At 30 September 2024 278 996,307 996,585
At 30 September 2023 371 741,142 741,513

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,000 6,000
Hire purchase contracts 201,429 145,994
Taxation and social security 84,064 99,183
Other creditors 114,200 23,176
405,693 274,353

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 29,892 35,532
Hire purchase contracts 513,415 387,220
543,307 422,752

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 5,532