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REGISTERED NUMBER: 09622411 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

FPR INVESTMENTS LIMITED

FPR INVESTMENTS LIMITED (REGISTERED NUMBER: 09622411)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


FPR INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: A L P Maybrick
J J Payne
D J Payne
L M Bryant





REGISTERED OFFICE: 3 Blacklands Crescent
Forest Row
East Sussex
RH18 5NN





REGISTERED NUMBER: 09622411 (England and Wales)





ACCOUNTANTS: Charles Lamb
Chartered Accountants
3 Blacklands Crescent
Forest Row
East Sussex
RH18 5NN

FPR INVESTMENTS LIMITED (REGISTERED NUMBER: 09622411)

STATEMENT OF FINANCIAL POSITION
31 MAY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investment property 4 420,000 420,000

CURRENT ASSETS
Debtors 5 325 310
Cash at bank 5,384 4,035
5,709 4,345
CREDITORS
Amounts falling due within one year 6 292,712 303,298
NET CURRENT LIABILITIES (287,003 ) (298,953 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

132,997

121,047

PROVISIONS FOR LIABILITIES 5,804 5,804
NET ASSETS 127,193 115,243

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 127,093 115,143
SHAREHOLDERS' FUNDS 127,193 115,243

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

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

The directors acknowledge their 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.

FPR INVESTMENTS LIMITED (REGISTERED NUMBER: 09622411)

STATEMENT OF FINANCIAL POSITION - continued
31 MAY 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 Board of Directors and authorised for issue on 23 April 2025 and were signed on its behalf by:




J J Payne - Director



D J Payne - Director


FPR INVESTMENTS LIMITED (REGISTERED NUMBER: 09622411)

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

1. STATUTORY INFORMATION

FPR 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.

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.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 420,000
NET BOOK VALUE
At 31 May 2024 420,000
At 31 May 2023 420,000

FPR INVESTMENTS LIMITED (REGISTERED NUMBER: 09622411)

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

4. INVESTMENT PROPERTY - continued

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2017 11,705
Valuation in 2018 40,000
Valuation in 2020 35,000
Valuation in 2023 (30,000 )
Cost 363,295
420,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 363,295 363,295

Investment property was valued on an open market basis basis on 31 May 2024 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 325 310

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 4,328 3,650
Other creditors 288,384 299,648
292,712 303,298

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors are amounts due to A L P Maybrick, J J Payne, D J Payne and L M Bryant of £215,287, £65,747, £2,120 and £2,120 respectively. The amounts are interest free, unsecured and repayable on demand.

8. RELATED PARTY DISCLOSURES

During the year, the company paid £1,000 to S Payne, the wife of J J Payne, for cleaning and general maintenance works.