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REGISTERED NUMBER: 09398905 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Fred Smith Capital Investments Limited

Fred Smith Capital Investments Limited (Registered number: 09398905)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Fred Smith Capital Investments Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: F Smith
J Smith
J L Egley
J A O'Neill





REGISTERED OFFICE: The Dutch House
30 Walshaw Avenue
Colwyn Bay
Conwy
LL29 7UY





REGISTERED NUMBER: 09398905 (England and Wales)





ACCOUNTANTS: J V Banks
Chartered Accountants
Banks House
Paradise Street
Rhyl
Denbighshire
LL18 3LW

Fred Smith Capital Investments Limited (Registered number: 09398905)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 23,335 31,021
Investments 5 4,955,813 4,601,090
Investment property 6 1,480,000 1,480,000
6,459,148 6,112,111

CURRENT ASSETS
Debtors 7 185,272 236,715
Cash at bank 162,429 65,194
347,701 301,909
CREDITORS
Amounts falling due within one year 8 3,801,536 3,884,840
NET CURRENT LIABILITIES (3,453,835 ) (3,582,931 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,005,313

2,529,180

PROVISIONS FOR LIABILITIES 33,912 39,698
NET ASSETS 2,971,401 2,489,482

CAPITAL AND RESERVES
Called up share capital 1,204 1,200
Share premium 5,996 -
Investment property reserve 9,066 9,066
Retained earnings 2,955,135 2,479,216
SHAREHOLDERS' FUNDS 2,971,401 2,489,482

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Fred Smith Capital Investments Limited (Registered number: 09398905)

Balance Sheet - continued
31 March 2025


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 28 May 2025 and were signed on its behalf by:





F Smith - Director


Fred Smith Capital Investments Limited (Registered number: 09398905)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Fred Smith Capital 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.

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 - 25% on reducing balance and 15% on reducing balance

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 4 (2024 - 4 ) .

Fred Smith Capital Investments Limited (Registered number: 09398905)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 54,877
DEPRECIATION
At 1 April 2024 23,856
Charge for year 7,686
At 31 March 2025 31,542
NET BOOK VALUE
At 31 March 2025 23,335
At 31 March 2024 31,021

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2024 4,601,090
Additions 741,638
Disposals (371,457 )
Revaluations (15,458 )
At 31 March 2025 4,955,813
NET BOOK VALUE
At 31 March 2025 4,955,813
At 31 March 2024 4,601,090

Cost or valuation at 31 March 2025 is represented by:

Other
investments
£   
Valuation in 2021 (66,569 )
Valuation in 2022 66,266
Valuation in 2023 (335,698 )
Valuation in 2024 463,772
Valuation in 2025 (15,458 )
Cost 4,843,500
4,955,813

Fred Smith Capital Investments Limited (Registered number: 09398905)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. FIXED ASSET INVESTMENTS - continued

If listed investments had not been revalued they would have been included at the following historical cost:

31.3.25 31.3.24
£    £   
Cost 4,843,500 4,473,319

Fixed asset investments were valued on an open market basis on 31 March 2025 by Hargreaves Lansdown .

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 1,480,000
NET BOOK VALUE
At 31 March 2025 1,480,000
At 31 March 2024 1,480,000

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2018 77,587
Valuation in 2019 (210,250 )
Valuation in 2020 (18,290 )
Valuation in 2023 21,476
Valuation in 2024 52,824
Cost 1,556,653
1,480,000

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

31.3.25 31.3.24
£    £   
Cost 1,556,653 1,555,452

Investment property was valued on a fair value basis on 31 March 2025 by the directors .

7. DEBTORS
31.3.25 31.3.24
£    £   
Amounts falling due within one year:
Trade debtors 11,633 19,815
Other debtors 19,214 43,312
30,847 63,127

Fred Smith Capital Investments Limited (Registered number: 09398905)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. DEBTORS - continued
31.3.25 31.3.24
£    £   
Amounts falling due after more than one year:
Other debtors 154,425 173,588

Aggregate amounts 185,272 236,715

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Taxation and social security 35,821 36,710
Other creditors 3,765,715 3,848,130
3,801,536 3,884,840

9. RELATED PARTY DISCLOSURES

J L Egley
Director and holder of 200 A Ordinary Shares


31.3.25 31.3.24
£    £   
Amount due to related party at the balance sheet date 750,838 652,843

Ms L Dudley

Holder of 200 A Ordinary Shares


31.3.25 31.3.24
£    £   
Amount due to related party at the balance sheet date 760,163 663,693

Ms R West

Holder of 200 A Ordinary Shares


31.3.25 31.3.24
£    £   
Amount due to related party at the balance sheet date 671,371 568,076

J A O'Neill
Director and holder of 202 A Ordinary Shares


31.3.25 31.3.24
£    £   
Amount due to related party at the balance sheet date 63,393 593

Fred Smith Capital Investments Limited (Registered number: 09398905)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

9. RELATED PARTY DISCLOSURES - continued

Mr F & Mrs J Smith

Directors and holders of 201 Ordinary shares each


31.3.25 31.3.24
£    £   
Amount due to related party at the balance sheet date 1,518,062 1,961,275