REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31ST DECEMBER 2020 |
|
FOR |
|
FERGUSON HOLDINGS LIMITED |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31ST DECEMBER 2020 |
|
FOR |
|
FERGUSON HOLDINGS LIMITED |
FERGUSON HOLDINGS LIMITED (REGISTERED NUMBER: 04131426) |
|
|
|
|
|
|
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2020 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
FERGUSON HOLDINGS LIMITED |
|
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST DECEMBER 2020 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Charles House |
Beam Heath Way |
Nantwich |
Cheshire |
CW5 6PQ |
FERGUSON HOLDINGS LIMITED (REGISTERED NUMBER: 04131426) |
|
|
BALANCE SHEET |
31ST DECEMBER 2020 |
|
2020 | 2019 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
|
|
|
CURRENT ASSETS |
Debtors | 5 |
|
|
Investments | 6 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 7 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Undistributable reserves |
|
|
Retained earnings |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved by the Board of Directors and authorised for issue on
|
|
|
|
|
|
|
FERGUSON HOLDINGS LIMITED (REGISTERED NUMBER: 04131426) |
|
|
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2020 |
|
1. | STATUTORY INFORMATION |
|
Ferguson Holdings Limited is a
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Turnover |
Turnover represents net rental income, excluding value added tax. |
|
Investment properties |
Investment properties are shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair values is recognised in undistributable reserves. |
|
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
|
Current or deferred taxation assets and liabilities are not discounted. |
|
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
|
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
|
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
|
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
|
Listed investments |
Investments in listed investment shares are included at fair value. Gains are recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the investments are sold. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
FERGUSON HOLDINGS LIMITED (REGISTERED NUMBER: 04131426) |
|
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST DECEMBER 2020 |
|
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1st January 2020 |
|
Disposals | ( |
) |
At 31st December 2020 |
|
NET BOOK VALUE |
At 31st December 2020 |
|
At 31st December 2019 |
|
|
The investment properties were revalued by the director at 31 December 2020. The historical costs of the investment properties are £1,133,161 (2019: £1,547,582). |
|
If the investment properties were sold at their revalued amounts it is not anticipated that any taxation charge would result. |
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2020 | 2019 |
£ | £ |
Other debtors |
|
|
|
6. | CURRENT ASSET INVESTMENTS |
2020 | 2019 |
£ | £ |
Listed investments | 297,016 | - |
|
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2020 | 2019 |
£ | £ |
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
8. | PARENT UNDERTAKING |
|
The parent undertaking is Poundwater Limited, and its registered office is 36 Hurst Lane, Bollington, Macclesfield, Cheshire, SK10 5LT. |