Company Registration No. 10817925 (England and Wales)
FAH MAI HOLDINGS LIMITED
Unaudited accounts
for the period from 1 July 2020 to 31 December 2021
FAH MAI HOLDINGS LIMITED
Unaudited accounts
Contents
FAH MAI HOLDINGS LIMITED
Company Information
for the period from 1 July 2020 to 31 December 2021
Company Number
10817925 (England and Wales)
Registered Office
4 DAVIS WAY
FAREHAM
HAMPSHIRE
PO14 1JF
UNITED KINGDOM
Accountants
Hampshire Accountancy Services
College Court
15 Bowen Lane
Petersfield
Hampshire
GU31 4DR
FAH MAI HOLDINGS LIMITED
Statement of financial position
as at
31 December 2021
Inventories
2,148,087
889,495
Debtors
2,067,665
1,069,645
Investments
597,011
297,290
Cash at bank and in hand
100,055
196,761
Creditors: amounts falling due within one year
(2,661,025)
(612,146)
Net current assets
2,251,793
1,841,045
Total assets less current liabilities
2,263,145
1,841,045
Creditors: amounts falling due after more than one year
(3,697,668)
(2,660,643)
Net liabilities
(1,434,523)
(819,598)
Called up share capital
1,000
1,000
Profit and loss account
(1,435,523)
(820,598)
Shareholders' funds
(1,434,523)
(819,598)
For the period ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 October 2022 and were signed on its behalf by
L Haseman
Director
Company Registration No. 10817925
FAH MAI HOLDINGS LIMITED
Notes to the Accounts
for the period from 1 July 2020 to 31 December 2021
FAH MAI HOLDINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10817925. The registered office is 4 DAVIS WAY, FAREHAM, HAMPSHIRE, PO14 1JF, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight Line method
4
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
At 31 December 2021
12,914
Charge for the period
1,562
At 31 December 2021
1,562
At 31 December 2021
11,352
FAH MAI HOLDINGS LIMITED
Notes to the Accounts
for the period from 1 July 2020 to 31 December 2021
Amounts falling due within one year
Trade debtors
1,765,033
18,800
Accrued income and prepayments
-
45,000
Other debtors
10,026
2,000
Amounts falling due after more than one year
Amounts due from group undertakings etc.
250,044
992,327
Other debtors
6,300
6,300
6
Investments held as current assets
2021
2020
Listed investments
597,011
297,290
7
Creditors: amounts falling due within one year
2021
2020
Trade creditors
1,058,640
54,415
Other creditors
1,576,890
543,665
8
Creditors: amounts falling due after more than one year
2021
2020
Amounts owed to group undertakings and other participating interests
3,047,782
2,135,744
Other creditors
517,170
508,171
Loans from directors
44,211
(78,947)
9
Average number of employees
During the period the average number of employees was 5 (2020: 2).