Company Registration No. 04105468 (England and Wales)
FAIR RESERVE HOLDINGS LIMITED
ANNUAL REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 NOVEMBER 2020
PAGES FOR FILING WITH REGISTRAR
FAIR RESERVE HOLDINGS LIMITED
COMPANY INFORMATION
Directors
M P M Wright
G J W Maltby
C G Maltby
G M F Wright
Secretary
M E Carver
Company number
04105468
Registered office
Quorn Mills
Quorn
Loughborough
Leicestershire
LE12 8FZ
Auditor
Newby Castleman LLP
West Walk Building
110 Regent Road
Leicester
LE1 7LT
Business address
Quorn Mills
Quorn
Loughborough
Leicestershire
LE12 8FZ
Bankers
Lloyds Bank plc
37/38 High Street
Loughborough
Leicester
LE11 2QG
Solicitors
Gateley
58 The Ropewalk
Nottingham
NG1 5DW
FAIR RESERVE HOLDINGS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
FAIR RESERVE HOLDINGS LIMITED
BALANCE SHEET
AS AT 30 NOVEMBER 2020
30 November 2020
- 1 -
2020
2019
Notes
£
£
£
£
Fixed assets
Investments
3
532,176
532,176
Net assets
532,176
532,176
Capital and reserves
Called up share capital
4
532,176
532,176
Total equity
532,176
532,176
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 14 June 2021 and are signed on its behalf by:
C G Maltby
Director
Company Registration No. 04105468
FAIR RESERVE HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2020
- 2 -
1
Accounting policies
Company information
Fair Reserve Holdings Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
Quorn Mills, Quorn, Loughborough, Leicestershire, LE12 8FZ.
1.1
Basis of preparation
These financial statements have been prepared in accordance with applicable accounting standards including 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. The principal accounting policies adopted are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
1.2
Fixed asset investments
Interests in subsidiaries
are
measured at cost less any accumulated impairment losses.
The investments are assessed for impairment at each reporting date
and
any
impairment
losses or reversals of impairment losses are recognised immediately in profit or loss.
1.3
The company has taken advantage of the exemption under section
399
of the
Companies Act 2006 not to prepare consolidated accounts
, on the basis that the group of which this is the parent qualifies as a small group
. The financial statements present information about the company as an individual entity and not about its group
.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2020
2019
Number
Number
Total
3
Fixed asset investments
2020
2019
£
£
Investments
532,176
532,176
FAIR RESERVE HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2020
3
Fixed asset investments
(Continued)
- 3 -
Movements in fixed asset investments
Shares in group undertakings
£
Cost
At 1 December 2019 & 30 November 2020
532,176
Carrying amount
At 30 November 2020
532,176
At 30 November 2019
532,176
4
Called up share capital
2020
2019
2020
2019
Ordinary share capital
Number
Number
£
£
Issued and fully paid
A Ordinary shares of £1 each
247,488
247,488
247,488
247,488
B Ordinary shares of £1 each
283,888
283,888
283,888
283,888
C Ordinary shares of £1 each
800
800
800
800
532,176
532,176
532,176
532,176
5
Audit report information
As the profit and loss account has been omitted from the filing copy of the financial statements
,
the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006
:
The auditor's report was unqualified.
The senior statutory auditor was John Griffin FCCA.
The auditor was Newby Castleman LLP.