M F Fennell and Company Limited 00267576 false 2025-04-04 2026-04-02 2026-04-02 The principal activity of the company is the wholesale of carrots, parsnips, swedes, coal and logs Digita Accounts Production Advanced 6.30.9574.0 true 00267576 2025-04-04 2026-04-02 00267576 2026-04-02 00267576 core:OtherReservesSubtotal 2026-04-02 00267576 core:RetainedEarningsAccumulatedLosses 2026-04-02 00267576 core:ShareCapital 2026-04-02 00267576 core:CurrentFinancialInstruments 2026-04-02 00267576 core:CurrentFinancialInstruments core:WithinOneYear 2026-04-02 00267576 core:FurnitureFittingsToolsEquipment 2026-04-02 00267576 bus:SmallEntities 2025-04-04 2026-04-02 00267576 bus:AuditExemptWithAccountantsReport 2025-04-04 2026-04-02 00267576 bus:FilletedAccounts 2025-04-04 2026-04-02 00267576 bus:SmallCompaniesRegimeForAccounts 2025-04-04 2026-04-02 00267576 bus:RegisteredOffice 2025-04-04 2026-04-02 00267576 bus:CompanySecretaryDirector2 2025-04-04 2026-04-02 00267576 bus:Director4 2025-04-04 2026-04-02 00267576 bus:PrivateLimitedCompanyLtd 2025-04-04 2026-04-02 00267576 bus:Agent1 2025-04-04 2026-04-02 00267576 core:FurnitureFittingsToolsEquipment 2025-04-04 2026-04-02 00267576 core:OfficeEquipment 2025-04-04 2026-04-02 00267576 core:AllAssociates 2025-04-04 2026-04-02 00267576 countries:EnglandWales 2025-04-04 2026-04-02 00267576 2025-04-03 00267576 core:FurnitureFittingsToolsEquipment 2025-04-03 00267576 2024-04-05 2025-04-03 00267576 2025-04-03 00267576 core:OtherReservesSubtotal 2025-04-03 00267576 core:RetainedEarningsAccumulatedLosses 2025-04-03 00267576 core:ShareCapital 2025-04-03 00267576 core:CurrentFinancialInstruments 2025-04-03 00267576 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-03 00267576 core:FurnitureFittingsToolsEquipment 2025-04-03 iso4217:GBP xbrli:pure

Registration number: 00267576

M F Fennell and Company Limited
Annual Report and Unaudited Filleted Financial Statements
for the Period from 4 April 2025 to 2 April 2026

M F Fennell and Company Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

M F Fennell and Company Limited

Company Information

Directors | J P Fountain Mrs N J Fountain

Company secretary | J P Fountain

Registered office | 46/48 Wellington Mews Hastings East Sussex TN34 1QJ

Accountants | Manningtons Chartered AccountantsVictoria House The Moor Hawkhurst Kent TN18 4NR

M F Fennell and Company Limited

(Registration number: 00267576)
Balance Sheet as at 2 April 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 14 | 19
Current assets |  |  |
Debtors | 5 | 448,260 | 461,048
Cash at bank and in hand |  | 903 | 1,406
|  | 449,163 | 462,454
Creditors: Amounts falling due within one year | 6 | (1,146) | (1,107)
Net current assets |  | 448,017 | 461,347
Net assets |  | 448,031 | 461,366
Capital and reserves |  |  |
Called up share capital |  | 1,500 | 1,500
Other reserves |  | 1,828 | 1,828
Retained earnings |  | 444,703 | 458,038
Shareholders' funds |  | 448,031 | 461,366

For the financial period ending 2 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 May 2026 and signed on its behalf by:

......................................... Mrs N J Fountain Director

M F Fennell and Company Limited

Notes to the Unaudited Financial Statements for the Period from 4 April 2025 to 2 April 2026

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
46/48 Wellington Mews
Hastings
East Sussex
TN34 1QJ

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of vegetables and coal in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

M F Fennell and Company Limited

Notes to the Unaudited Financial Statements for the Period from 4 April 2025 to 2 April 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 25% reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2025 - 2).

M F Fennell and Company Limited

Notes to the Unaudited Financial Statements for the Period from 4 April 2025 to 2 April 2026

4 | Tangible assets

| Office equipment £ | Total £
Cost or valuation
At 4 April 2025 | 464 | 464
At 2 April 2026 | 464 | 464
Depreciation
At 4 April 2025 | 445 | 445
Charge for the period | 5 | 5
At 2 April 2026 | 450 | 450
Carrying amount
At 2 April 2026 | 14 | 14
At 3 April 2025 | 19 | 19

5 | Debtors

| Note | 2026 £ | 2025 £
Amount owed by associated company | 7 | 448,260 | 460,986
Other debtors |  | - | 62
Total current trade and other debtors |  | 448,260 | 461,048

6 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Accruals and deferred income | 1,140 | 1,100
Other creditors | 6 | 7
| 1,146 | 1,107

M F Fennell and Company Limited

Notes to the Unaudited Financial Statements for the Period from 4 April 2025 to 2 April 2026

7 | Related party transactions

Summary of transactions with associates

The company sold goods amounting to £29,747 during the accounting period to its associated company J Fountain & Sons Limited. At the balance sheet date the amount due from J Fountain & Sons Limited was £448,260 (2025 - £460,986).