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REGISTERED NUMBER: 01109104 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

FENDFINE LIMITED

FENDFINE LIMITED (REGISTERED NUMBER: 01109104)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FENDFINE LIMITED

COMPANY INFORMATION
For The Year Ended 30 September 2024







DIRECTORS: P J Charlton
P K Charlton





SECRETARY: P K Charlton





REGISTERED OFFICE: Baird House
Seebeck Place
Knowlhill
Milton Keynes
Buckinghamshire
MK5 8FR





REGISTERED NUMBER: 01109104 (England and Wales)





ACCOUNTANTS: TC Group
Baird House
Seebeck Place
Knowlhill
Milton Keynes
Buckinghamshire
MK5 8FR

FENDFINE LIMITED (REGISTERED NUMBER: 01109104)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 145 224
Investments 5 168,035 154,884
Investment property 6 345,000 345,000
513,180 500,108

CURRENT ASSETS
Cash at bank 39,061 75,215

CREDITORS
Amounts falling due within one year 7 2,936 2,986
NET CURRENT ASSETS 36,125 72,229
TOTAL ASSETS LESS CURRENT LIABILITIES 549,305 572,337

PROVISIONS FOR LIABILITIES 25,180 25,180
NET ASSETS 524,125 547,157

CAPITAL AND RESERVES
Called up share capital 8 200 200
Fair value reserve 209,961 209,961
Capital redemption reserve 50 50
Retained earnings 313,914 336,946
SHAREHOLDERS' FUNDS 524,125 547,157

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 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.

FENDFINE LIMITED (REGISTERED NUMBER: 01109104)

BALANCE SHEET - 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 May 2025 and were signed on its behalf by:





P J Charlton - Director


FENDFINE LIMITED (REGISTERED NUMBER: 01109104)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024


1. STATUTORY INFORMATION

Fendfine 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

FENDFINE LIMITED (REGISTERED NUMBER: 01109104)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023
and 30 September 2024 317
DEPRECIATION
At 1 October 2023 93
Charge for year 79
At 30 September 2024 172
NET BOOK VALUE
At 30 September 2024 145
At 30 September 2023 224

5. FIXED ASSET INVESTMENTS

2024 2023
£    £   
Other investments not loans 168,035 154,884

Additional information is as follows:
Other
investments
£   
COST OR VALUATION
At 1 October 2023 154,884
Additions 164,866
Disposals (207,967 )
Revaluations 53,214
Dividends received 3,038
At 30 September 2024 168,035
NET BOOK VALUE
At 30 September 2024 168,035
At 30 September 2023 154,884

FENDFINE LIMITED (REGISTERED NUMBER: 01109104)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 30 September 2024 is represented by:

Other
investments
£   
Valuation in 2018 927
Valuation in 2019 4,804
Valuation in 2020 (1,816 )
Valuation in 2021 4,107
Valuation in 2022 (8,947 )
Valuation in 2023 5,809
Valuation in 2024 13,151
Cost 150,000
168,035

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Freehold investment property 298,000 298,000
Reclassification to investment property (298,000 ) (298,000 )
- -

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 345,000
NET BOOK VALUE
At 30 September 2024 345,000
At 30 September 2023 345,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2003 90,271
Valuation in 2018 20,000
Valuation in 2022 55,345
Valuation in 2023 47,000
Cost 132,384
345,000

FENDFINE LIMITED (REGISTERED NUMBER: 01109104)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 418 296
Directors' loan accounts 219 501
Accrued expenses 2,299 2,189
2,936 2,986

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Non voting £1 100 100
100 Voting £1 100 100
200 200

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the Charlton Family Trust.