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REGISTERED NUMBER: 08912836 (England and Wales)






























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 JUNE 2024

FOR

FISCHER FUTURE HEAT GROUP LIMITED

FISCHER FUTURE HEAT GROUP LIMITED (REGISTERED NUMBER: 08912836

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FISCHER FUTURE HEAT GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 JUNE 2024







DIRECTORS: Mrs MA Bastian
Mr KC Bastian





REGISTERED OFFICE: Granville Hall
Granville Road
Leicester
Leicestershire
LE1 7RU





REGISTERED NUMBER: 08912836 (England and Wales)

FISCHER FUTURE HEAT GROUP LIMITED (REGISTERED NUMBER: 08912836

BALANCE SHEET
29 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,817,595 2,868,216
Investment property 5 1,270,908 1,293,893
4,088,503 4,162,109

CURRENT ASSETS
Debtors 6 647,767 642,264
Cash at bank 217,623 131,719
865,390 773,983
CREDITORS
Amounts falling due within one year 7 1,957,004 1,955,953
NET CURRENT LIABILITIES (1,091,614 ) (1,181,970 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,996,889

2,980,139

CREDITORS
Amounts falling due after more than one
year

8

2,590,026

2,636,867
NET ASSETS 406,863 343,272

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 932,088 932,088
Retained earnings (525,325 ) (588,916 )
406,863 343,272

FISCHER FUTURE HEAT GROUP LIMITED (REGISTERED NUMBER: 08912836

BALANCE SHEET - continued
29 JUNE 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 June 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 27 June 2025 and were signed on its behalf by:





Mr KC Bastian - Director


FISCHER FUTURE HEAT GROUP LIMITED (REGISTERED NUMBER: 08912836

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 JUNE 2024


1. STATUTORY INFORMATION

Fischer Future Heat Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less accumulated impairment.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

FISCHER FUTURE HEAT GROUP LIMITED (REGISTERED NUMBER: 08912836

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 JUNE 2024


2. ACCOUNTING POLICIES - continued

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 30 June 2023 2,868,216
Exchange differences (50,621 )
At 29 June 2024 2,817,595
NET BOOK VALUE
At 29 June 2024 2,817,595
At 29 June 2023 2,868,216

5. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 30 June 2023 1,293,893
Exchange differences (22,985 )
At 29 June 2024 1,270,908
NET BOOK VALUE
At 29 June 2024 1,270,908
At 29 June 2023 1,293,893

Cost or valuation at 29 June 2024 is represented by:
£   
Valuation in 2024 844,817
Cost 426,091
1,270,908

FISCHER FUTURE HEAT GROUP LIMITED (REGISTERED NUMBER: 08912836

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 JUNE 2024


5. INVESTMENT PROPERTY - continued

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

2024 2023
£    £   
Cost 426,091 426,091

Investment properties were revalued to fair value at 29 June 2024, based on a valuation undertaken by the directors. The method used for determining fair value was valuing against an active market. This valuation was deemed reasonable for the year ended 29 June 2024.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 322,203 322,203
Other debtors 325,564 320,061
647,767 642,264

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 11,098 7,398
Amounts owed to group undertakings 16,075 16,075
Taxation and social security - 384
Other creditors 1,929,831 1,932,096
1,957,004 1,955,953

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 2,590,026 2,636,867

9. RESERVES
Fair
value
reserve
£   
At 30 June 2023
and 29 June 2024 932,088