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Fiddes Holdings Limited

Audited Financial Statements for the Year Ended 31 December 2024






Fiddes Holdings Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: R A F Gooding
V Gooding



SECRETARY: E M Gooding



REGISTERED OFFICE: Florence Works
Brindley Road
Cardiff
CF11 8TX



REGISTERED NUMBER: 03319445 (England and Wales)



AUDITORS: BPU Limited
Chartered Accountants
Statutory Auditor
Radnor House
Greenwood Close
Cardiff Gate Business Park
Cardiff
CF23 8AA



BANKERS: Lloyds TSB
1 Windsor Road
Penarth
South Glamorgan
CF64 1YR

Fiddes Holdings Limited (Registered number: 03319445)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 - -
Investments 4 179,081 179,081
Investment property 5 750,000 750,000
929,081 929,081

CURRENT ASSETS
Debtors 6 338,646 156,052
Cash at bank 3,432,091 3,130,660
3,770,737 3,286,712
CREDITORS
Amounts falling due within one year 7 589,852 264,027
NET CURRENT ASSETS 3,180,885 3,022,685
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,109,966

3,951,766

PROVISIONS FOR LIABILITIES 47,500 47,500
NET ASSETS 4,062,466 3,904,266

CAPITAL AND RESERVES
Called up share capital 74,540 74,540
Capital redemption reserve 74,540 74,540
Other reserves 215,000 215,000
Retained earnings 3,698,386 3,540,186
SHAREHOLDERS' FUNDS 4,062,466 3,904,266

Fiddes Holdings Limited (Registered number: 03319445)

Balance Sheet - continued
31 December 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:





R A F Gooding - Director


Fiddes Holdings Limited (Registered number: 03319445)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. 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 represents the invoiced value of goods and services supplied by the company, net of value added tax.

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 - 10% straight line

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

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

3. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 January 2024
and 31 December 2024 584,181
DEPRECIATION
At 1 January 2024
and 31 December 2024 584,181
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

Fiddes Holdings Limited (Registered number: 03319445)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 149,080 30,001 179,081
NET BOOK VALUE
At 31 December 2024 149,080 30,001 179,081
At 31 December 2023 149,080 30,001 179,081

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 750,000
NET BOOK VALUE
At 31 December 2024 750,000
At 31 December 2023 750,000

The investment property was valued on 29 June 2015 at an open market value of £750,000 by Cooke & Arkwright Ltd. The directors are of the opinion that this is a fair reflection of the market value as at the balance sheet date.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 335,184 156,052
Other debtors & prepayments 3,462 -
338,646 156,052

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxes & social security costs 37,439 35,343
Other creditors & accruals 552,413 228,684
589,852 264,027

Fiddes Holdings Limited (Registered number: 03319445)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

John Huw Palin BA FCA (Senior Statutory Auditor)
for and on behalf of BPU Limited

9. ULTIMATE CONTROLLING PARTY

The controlling party is R A F Gooding.