General Information
Fountain House Combined Limited is a private company, limited by shares, registered in England and Wales, registration number 14756627, registration address 60 Cox Lane Unit, , 1 Chessington Trade Park, Chessington, United kingdom, KT9 1TW.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
Financial Reporting Standard 102 - reduced disclosure exemptions
The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
- the requirements of Section 7 Statement of Cash Flows;
- the requirements of Section 33 Related Party Disclosures paragraph 33.7.
The information is included in the consolidated financial statements of the Company's parent undertaking, Seamac Limited, company registered in India having following registered address A 901 905, 9th Floor, 215 Atrium, Andheri Kurla Road, Andheri East, Mumbai - 400093. The consolidated Financial statements of Seamac Limited are prepared in accordance with the Indian Accounting Standards (referred to as Ind AS) as prescribed under section 133 of the Companies, Act, 2013 read with Companies (Indian Accounting Standards) Rules as amended from time to time.
|
| 2. |
Average number of employees
Average number of employees during the year was 0 (2024 : 0).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Land and Buildings |
|
Investment properties |
|
Total |
| |
£ |
|
£ |
|
£ |
| At 01 April 2024 |
- |
|
20,981,327 |
|
20,981,327 |
| Additions |
- |
|
- |
|
- |
| Disposals |
- |
|
- |
|
- |
| Transfers |
20,981,327 |
|
(20,981,327) |
|
- |
| At 31 March 2025 |
20,981,327 |
|
- |
|
20,981,327 |
| Depreciation |
| At 01 April 2024 |
- |
|
- |
|
- |
| Charge for year |
578,855 |
|
- |
|
578,855 |
| On disposals |
- |
|
- |
|
- |
| At 31 March 2025 |
578,855 |
|
- |
|
578,855 |
| Net book values |
| Closing balance as at 31 March 2025 |
20,402,472 |
|
- |
|
20,402,472 |
| Opening balance as at 01 April 2024 |
- |
|
20,981,327 |
|
20,981,327 |
The net book value of Land and Buildings includes £ 20,981,327 in respect of assets leased under finance leases or hire purchase contracts.
|
| 4. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Amount Owed by Group Undertakings |
14,756 |
|
14,756 |
| Deposits paid |
176,792 |
|
176,792 |
|
191,548 |
|
191,548 |
|
| 5. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Amounts Owed to Group Undertakings |
25,316,385 |
|
21,602,867 |
| Accrued Expenses |
- |
|
1,920 |
| Other Creditors |
113,387 |
|
12,664 |
| provision for expenses |
275,100 |
|
- |
|
25,704,872 |
|
21,617,451 |
|
| 6. |
Related Party Transactions
Company has taken the exemption for the disclosures of related party and related party transaction in accordance with section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK.
|
| 7. |
Ultimate Controlling Party
The Ultimate controlling party is Seamec limited.
|
2
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