Company registration number 12493586 (England and Wales)
FOUNTAIN HOUSE (NUNEATON) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
PAGES FOR FILING WITH REGISTRAR
FOUNTAIN HOUSE (NUNEATON) LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 5
FOUNTAIN HOUSE (NUNEATON) LIMITED
BALANCE SHEET
AS AT
30 APRIL 2025
30 April 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
3
69,427
62,341
Cash at bank and in hand
34,332
22,339
103,759
84,680
Creditors: amounts falling due within one year
4
(14,577)
(4,509)
Net current assets
89,182
80,171
Capital and reserves
Called up share capital
5
100
100
Profit and loss reserves
89,082
80,071
Total equity
89,182
80,171

For the financial year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 20 January 2026 and are signed on its behalf by:
Mr S Morjaria
Director
Company registration number 12493586 (England and Wales)
FOUNTAIN HOUSE (NUNEATON) LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 APRIL 2025
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 1 May 2023
100
59,107
59,207
Year ended 30 April 2024:
Profit and total comprehensive income
-
20,964
20,964
Balance at 30 April 2024
100
80,071
80,171
Year ended 30 April 2025:
Profit and total comprehensive income
-
34,011
34,011
Dividends
-
(25,000)
(25,000)
Balance at 30 April 2025
100
89,082
89,182
FOUNTAIN HOUSE (NUNEATON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
- 3 -
1
Accounting policies
Company information

Fountain House (Nuneaton) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Amba House, 3rd Floor, 15 College Road, Harrow, Middlesex, HA1 1BA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents rental income arising from the letting and operation of the company’s own or leased real estate.

Income is recognised on a straight-line basis over the lease term in accordance with tenancy agreements, when the services have been provided and the amount can be measured reliably.

Rental income received in advance is recognised as deferred income, and income relating to future periods is not recognised until earned.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

FOUNTAIN HOUSE (NUNEATON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

FOUNTAIN HOUSE (NUNEATON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
-
0
64
Other debtors
69,427
62,277
69,427
62,341
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
852
-
0
Corporation tax
9,712
2,309
Other creditors
4,013
2,200
14,577
4,509
5
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
100 Ordinary shares of £1 each
100
100
100
100
6
Related party transactions

At the balance sheet date, the amount due to NSM Investments Ltd amounted to £1,813 (202 4: Nil).

7
Control

The parent company is Market Place (Nuneaton) Limited, a company incorporated in England & Wales.

2025-04-30 2024-05-01 false false false 20 January 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr Shailesh Morjaria Mrs Nillottama Morjaria 12493586 2024-05-01 2025-04-30 12493586 2025-04-30 12493586 2024-04-30 12493586 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 12493586 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 12493586 core:CurrentFinancialInstruments 2025-04-30 12493586 core:CurrentFinancialInstruments 2024-04-30 12493586 core:ShareCapital 2025-04-30 12493586 core:ShareCapital 2024-04-30 12493586 core:RetainedEarningsAccumulatedLosses 2025-04-30 12493586 core:RetainedEarningsAccumulatedLosses 2024-04-30 12493586 core:ShareCapital 2023-04-30 12493586 core:RetainedEarningsAccumulatedLosses 2023-04-30 12493586 core:ShareCapitalOrdinaryShareClass1 2025-04-30 12493586 core:ShareCapitalOrdinaryShareClass1 2024-04-30 12493586 bus:Director1 2024-05-01 2025-04-30 12493586 core:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 12493586 2023-05-01 2024-04-30 12493586 core:RetainedEarningsAccumulatedLosses 2024-05-01 2025-04-30 12493586 bus:OrdinaryShareClass1 2024-05-01 2025-04-30 12493586 bus:OrdinaryShareClass1 2025-04-30 12493586 bus:OrdinaryShareClass1 2024-04-30 12493586 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 12493586 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 12493586 bus:FRS102 2024-05-01 2025-04-30 12493586 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 12493586 bus:Director2 2024-05-01 2025-04-30 12493586 bus:FullAccounts 2024-05-01 2025-04-30 xbrli:pure xbrli:shares iso4217:GBP