| REGISTERED NUMBER: |
| FIDDLERS INVESTMENTS LIMITED |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 |
| REGISTERED NUMBER: |
| FIDDLERS INVESTMENTS LIMITED |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 |
| FIDDLERS INVESTMENTS LIMITED (REGISTERED NUMBER: 08201067) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2024 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| Report of the Accountants | 8 |
| FIDDLERS INVESTMENTS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JULY 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Whitby Court |
| Abbey Road |
| Shepley |
| HUDDERSFIELD |
| West Yorkshire |
| HD8 8EL |
| FIDDLERS INVESTMENTS LIMITED (REGISTERED NUMBER: 08201067) |
| STATEMENT OF FINANCIAL POSITION |
| 31 JULY 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Property, plant and equipment | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 11 |
| Revaluation reserve | 12 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| FIDDLERS INVESTMENTS LIMITED (REGISTERED NUMBER: 08201067) |
| STATEMENT OF FINANCIAL POSITION - continued |
| 31 JULY 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| FIDDLERS INVESTMENTS LIMITED (REGISTERED NUMBER: 08201067) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2024 |
| 1. | STATUTORY INFORMATION |
| Fiddlers Investments Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. |
| Turnover |
| Revenue 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 |
| Plant and Machinery | - |
| Fixtures and Fittings | - |
| 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 NIL (2023 - NIL). |
| FIDDLERS INVESTMENTS LIMITED (REGISTERED NUMBER: 08201067) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2024 |
| 4. | PROPERTY, PLANT AND EQUIPMENT |
| Fixtures |
| Plant and | and | Motor |
| Machinery | Fittings | Vehicles | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 August 2023 |
| Disposals | ( |
) | ( |
) |
| At 31 July 2024 |
| DEPRECIATION |
| At 1 August 2023 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 July 2024 |
| NET BOOK VALUE |
| At 31 July 2024 |
| At 31 July 2023 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 August 2023 |
| and 31 July 2024 |
| NET BOOK VALUE |
| At 31 July 2024 |
| At 31 July 2023 |
| Fair value at 31 July 2024 is represented by: |
| £ |
| Valuation in 2013 | 79,220 |
| Valuation in 2014 | 884,668 |
| Valuation in 2022 | 884,668 |
| Cost | 1,097,386 |
| 2,945,942 |
| If investment property had not been revalued it would have been included at the following historical cost: |
| 2024 | 2023 |
| £ | £ |
| Cost | 1,097,387 | 1,097,387 |
| Investment property was valued on open market basis on 20 July 2021 by Sanderson Weatherall . |
| FIDDLERS INVESTMENTS LIMITED (REGISTERED NUMBER: 08201067) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2024 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Hire purchase contracts |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Bank loans (see note 9) |
| Hire purchase contracts |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Mortgage Account | 459,993 | 485,390 |
| 9. | LOANS |
| An analysis of the maturity of loans is given below: |
| 2024 | 2023 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Other loans |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Mortgage Account | 459,993 | 485,390 |
| 10. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2024 | 2023 |
| £ | £ |
| Bank loans |
| Lloyds hold security in terms of fixed and floating charge in respect of the freehold properties on which loans have been granted. There are a total of 5 loans secured against properties. |
| FIDDLERS INVESTMENTS LIMITED (REGISTERED NUMBER: 08201067) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2024 |
| 11. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2024 | 2023 |
| value: | £ | £ |
| Ordinary | £1 | 2 | 2 |
| 12. | RESERVES |
| Revaluation |
| reserve |
| £ |
| At 1 August 2023 |
| and 31 July 2024 |
| 13. | RELATED PARTY DISCLOSURES |
| During the year the company loaned £NIL (2023: £13) to Fiddlers Holdings limited, a company who holds unlisted shares in Fiddlers Investments Limited. At the year end £41 (2023: £41) was due to Fiddlers Investments Limited. |
| During the year the company repaid £5,484 (2023: £6,886) to Fiddlers limited, a company who is controlled by B. Craven and T. Hollwarth. At the year end £319,505 (2023: £324,989) was outstanding. |
| FIDDLERS INVESTMENTS LIMITED |
| REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF |
| FIDDLERS INVESTMENTS LIMITED |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
| As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 July 2024 set out on pages two to seven and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| Whitby Court |
| Abbey Road |
| Shepley |
| HUDDERSFIELD |
| West Yorkshire |
| HD8 8EL |