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REGISTERED NUMBER: 05140191 (England and Wales)















Unaudited Financial Statements For The Year Ended 30 November 2024

for

FCM Holdings Limited

FCM Holdings Limited (Registered number: 05140191)

Contents of the Financial Statements
For The Year Ended 30 November 2024










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


FCM Holdings Limited

Company Information
For The Year Ended 30 November 2024







Directors: P F Little
J P Little
W Moran





Registered office: Ironstone House
4 Ironstone Way
Brixworth
Northampton
NN6 9UD





Registered number: 05140191 (England and Wales)





Accountants: R Vann Ltd
Chartered Certified Accountants
Ironstone House
Ironstone Way
Brixworth
Northamptonshire
NN6 9UD

FCM Holdings Limited (Registered number: 05140191)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 67,533 86,548
Investments 5 350 350
67,883 86,898

Current assets
Stocks 1,714,747 2,012,612
Debtors 6 1,062,586 345,024
Cash at bank 58,629 29,261
2,835,962 2,386,897
Creditors
Amounts falling due within one year 7 2,411,336 1,906,598
Net current assets 424,626 480,299
Total assets less current liabilities 492,509 567,197

Creditors
Amounts falling due after more than
one year

8

(100,851

)

(91,519

)

Provisions for liabilities 11 - (15,134 )
Net assets 391,658 460,544

FCM Holdings Limited (Registered number: 05140191)

Balance Sheet - continued
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
Capital and reserves
Called up share capital 12 100 100
Retained earnings 391,558 460,444
Shareholders' funds 391,658 460,544

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

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

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 19 May 2025 and were signed on its behalf by:





J P Little - Director


FCM Holdings Limited (Registered number: 05140191)

Notes to the Financial Statements
For The Year Ended 30 November 2024


1. Statutory information

FCM 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Investments in associates
Investments in associate undertakings are recognised at cost.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


FCM Holdings Limited (Registered number: 05140191)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2024


2. Accounting policies - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. Employees and directors

The average number of employees during the year was 5 (2023 - 5 ) .

FCM Holdings Limited (Registered number: 05140191)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2024


4. Tangible fixed assets
Fixtures
Plant and and Motor
machinery equipment vehicles Totals
£    £    £    £   
Cost
At 1 December 2023 46,699 17,430 95,984 160,113
Additions 10,096 3,172 2,575 15,843
Disposals (8,864 ) (4,749 ) (10,400 ) (24,013 )
At 30 November 2024 47,931 15,853 88,159 151,943
Depreciation
At 1 December 2023 37,448 15,277 20,840 73,565
Charge for year 5,297 1,674 19,717 26,688
Eliminated on disposal (8,061 ) (4,749 ) (3,033 ) (15,843 )
At 30 November 2024 34,684 12,202 37,524 84,410
Net book value
At 30 November 2024 13,247 3,651 50,635 67,533
At 30 November 2023 9,251 2,153 75,144 86,548

5. Fixed asset investments
Interest
in
associates
£   
Cost
At 1 December 2023
and 30 November 2024 350
Net book value
At 30 November 2024 350
At 30 November 2023 350

FCM Holdings Limited (Registered number: 05140191)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2024


5. Fixed asset investments - continued

The company's investments at the Balance sheet date in the share capital of companies include the following:

Associated companies

Acura Construction Limited
Registered office: United Kingdom
Nature of business: Buying and selling of own real estate
%
Class of shares: holding
Ordinary 50.00

Rivoli Developments Ltd
Registered office: United Kingdom
Nature of business: Construction of domestic buildings
%
Class of shares: holding
Ordinary 50.00

6. Debtors: amounts falling due within one year
30.11.24 30.11.23
£    £   
Trade debtors 696,665 111,666
Amounts owed by participating interests 312,619 51,840
Other debtors 53,302 181,518
1,062,586 345,024

7. Creditors: amounts falling due within one year
30.11.24 30.11.23
£    £   
Bank and other loans 1,047,354 974,815
Hire purchase contracts (see note 9) 31,519 3,328
Trade creditors 897,794 803,375
Taxation and social security 162,147 84,934
Other creditors 272,522 40,146
2,411,336 1,906,598

FCM Holdings Limited (Registered number: 05140191)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2024


8. Creditors: amounts falling due after more than one year
30.11.24 30.11.23
£    £   
Bank and other loans 100,851 60,000
Hire purchase contracts (see note 9) - 31,519
100,851 91,519

9. Leasing agreements

Minimum lease payments fall due as follows:

Hire purchase contracts
30.11.24 30.11.23
£    £   
Net obligations repayable:
Within one year 31,519 3,328
Between one and five years - 31,519
31,519 34,847

Non-cancellable operating leases
30.11.24 30.11.23
£    £   
Within one year - 702
Between one and five years 22,900 22,779
22,900 23,481

10. Secured debts

The following secured debts are included within creditors:

30.11.24 30.11.23
£    £   
Bank and other loans 422,591 672,838

FCM Holdings Limited (Registered number: 05140191)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2024


11. Provisions for liabilities
30.11.24 30.11.23
£    £   
Deferred tax - 15,134

Deferred
tax
£   
Balance at 1 December 2023 15,134
Provided during year (15,134 )
Balance at 30 November 2024 -

12. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
100 Ordinary £1 100 100