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REGISTERED NUMBER: 08614356 (England and Wales)





















FOUNTAIN HOMES (UK) LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






FOUNTAIN HOMES (UK) LTD (REGISTERED NUMBER: 08614356)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


FOUNTAIN HOMES (UK) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: T W Fountain
C J Barker





REGISTERED OFFICE: 22-24 Harborough Road
Kingsthorpe
Northampton
NN2 7AZ





REGISTERED NUMBER: 08614356 (England and Wales)





ACCOUNTANTS: Phipps Henson McAllister
Chartered Accountants
22-24 Harborough Road
Kingsthorpe
Northampton
NN2 7AZ

FOUNTAIN HOMES (UK) LTD (REGISTERED NUMBER: 08614356)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,228,639 1,228,639

CURRENT ASSETS
Stocks and work in progress 745,784 486,854
Debtors 5 15,815 12,973
Cash at bank 304,728 628,732
1,066,327 1,128,559
CREDITORS
Amounts falling due within one year 6 1,617,151 1,667,582
NET CURRENT LIABILITIES (550,824 ) (539,023 )
TOTAL ASSETS LESS CURRENT LIABILITIES 677,815 689,616

CREDITORS
Amounts falling due after more than one
year

7

3,333

13,333
NET ASSETS 674,482 676,283

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 674,382 676,183
SHAREHOLDERS' FUNDS 674,482 676,283

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.

FOUNTAIN HOMES (UK) LTD (REGISTERED NUMBER: 08614356)

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 August 2025 and were signed on its behalf by:





T W Fountain - Director


FOUNTAIN HOMES (UK) LTD (REGISTERED NUMBER: 08614356)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Fountain Homes (UK) Ltd 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.

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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

Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2024
and 31 March 2025 1,228,639
NET BOOK VALUE
At 31 March 2025 1,228,639
At 31 March 2024 1,228,639

FOUNTAIN HOMES (UK) LTD (REGISTERED NUMBER: 08614356)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. FIXED ASSET INVESTMENTS - continued

On 27th November 2023 the Company acquired the entire share capital of Hatton Park Developments Limited, a property development company in the construction industry. The acquisition was accounted for using the purchase method.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
VAT 3,004 4,867
Prepayments and accrued income 12,811 8,106
15,815 12,973

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,000 10,000
Amounts owed to associate company 529,691 526,090
Trade creditors 798 4,335
Amounts owed to group undertakings 573,167 575,619
Corporation tax - 49,077
Social security and other taxes - 1,078
Other creditors 2,112 -
Directors' current accounts 501,383 501,383
1,617,151 1,667,582

The bank loan is secured by a fixed and floating charge over all of the company's assets.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 2-5 years 3,333 13,333

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100