A.A. Fisher (Holdings) Limited
Unaudited Financial Statements
For the period ended 31 March 2022
For Filing with Registrar
Company Registration No. 05351022 (England and Wales)
A.A. Fisher (Holdings) Limited
Company Information
Directors
Mr W. M. Fisher
Mrs P. J. Ryman
Secretary
Mrs P. J. Ryman
Company number
05351022
Registered office
Unit 3, Fishers Industrial Estate
Wiggenhall Road
Watford
Herts
WD18 0FE
Accountants
Moore Kingston Smith LLP
4 Victoria Square
St Albans
Hertfordshire
AL1 3TF
A.A. Fisher (Holdings) Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 4
A.A. Fisher (Holdings) Limited
Balance Sheet
As at 31 March 2022
31 March 2022
Page 1
2022
2021
Notes
£
£
£
£
Fixed assets
Investments
3
6,199,969
6,199,969
Current assets
Debtors
5
80
Creditors: amounts falling due within one year
6
(80)
Net current assets
Net assets
6,199,969
6,199,969
Capital and reserves
Called up share capital
7
5,469
5,469
Profit and loss reserves
6,194,500
6,194,500
Total equity
6,199,969
6,199,969
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial period ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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.
T
he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
.
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 24 November 2022 and are signed on its behalf by:
Mr W. M. Fisher
Director
Company Registration No. 05351022
A.A. Fisher (Holdings) Limited
Notes to the Financial Statements
For the period ended 31 March 2022
Page 2
1
Accounting policies
Company information
A.A. Fisher (Holdings) Limited is a
private
company
limited by shares
incorporated in
England and Wales
.
The registered office is
Unit 3, Fisher
'
s Industrial Estate, Wiggenhall Road, Watford, Herts, WD18 0FE
.
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 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.
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.
1.2
Going concern
At the time of approving the financial statements, the director has a reasonable expectation that the
true
company has adequate resources to continue in operational existence for the foreseeable future. Thus
the director continues to adopt the going concern basis of accounting in preparing the financial
statements.
Having made enquiries, the
d
irector
s
ha
ve
concluded that there is a reasonable expectation that the
company has adequate resources to continue in operational existence for at least 12 months from the
date of signing of these financial statements. The company therefore continues to adopt the going
concern basis in preparing its financial statements.
1.3
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.
1.4
Derivatives
Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to fair value at each reporting end date. The resulting gain or loss is recognised in
profit
or
loss
immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in
profit
or
loss
depends on the nature of the hedge relationship.
A derivative with a positive fair value is recognised as a financial asset, whereas a derivative with a negative fair value is recognised as a financial liability.
Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.
A.A. Fisher (Holdings) Limited
Notes to the Financial Statements (Continued)
For the period ended 31 March 2022
Page 3
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was 0 (2021 - 0
).
3
Fixed asset investments
2022
2021
£
£
Other investments other than loans
6,199,969
6,199,969
4
Subsidiaries
Details of the company's subsidiaries at 31 March 2022 are as follows:
Name of undertaking
Registered
Nature of business
Class of
% Held
office
shares held
Direct
Indirect
A.A. Fisher Limited
UK
Holding company
Ordinary
100.00
0
A.A Fisher (Properties) Limited
UK
Property investment
Ordinary
0
100.00
The aggregate capital and reserves and the result for the year of the subsidiaries noted above was as follows:
Name of undertaking
Profit/(Loss)
Capital and Reserves
£
£
A.A. Fisher Limited
6,199,969
A.A Fisher (Properties) Limited
380,286
30,511,663
5
Debtors
2022
2021
Amounts falling due within one year:
£
£
Other debtors
80
6
Creditors: amounts falling due within one year
2022
2021
£
£
Amounts owed to group undertakings
80
A.A. Fisher (Holdings) Limited
Notes to the Financial Statements (Continued)
For the period ended 31 March 2022
Page 4
7
Called up share capital
2022
2021
£
£
Ordinary share capital
Authorised
508,266 Ordinary shares of 1p each
5,082
5,082
38,664 B shares of 1p each
387
387
5,469
546,930
Issued and fully paid
508,266 Ordinary shares of 1p each
5,082
5,082
38,664 B shares of 1p each
387
387
5,469
5,469
8
Control
There is no one ultimate controlling party by the virtue of their shareholding.