Company No: 07173393 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	P G Murray
	G W C Murray
	O J C Murray

SECRETARY

O J C Murray

REGISTERED OFFICE	Hitchcock House Hilltop Park
	Devizes Road
	Salisbury
	SP3 4UF
	United Kingdom

COMPANY NUMBER

07173393 (England and Wales)

CHARTERED ACCOUNTANTS	Francis Clark LLP
	Hitchcock House
	Hilltop Park
	Devizes Road
	Salisbury
	Wiltshire SP3 4UF

	Note	2023		2022
		£		£
Fixed assets
Investments	3	1,945,933		1,945,933
		1,945,933		1,945,933
Net current assets		0		0
Total assets less current liabilities		1,945,933		1,945,933
Net assets		1,945,933		1,945,933
Capital and reserves
Called-up share capital		13,751		13,751
Share premium account		1,932,182		1,932,182
Total shareholders' funds		1,945,933		1,945,933

For the financial year ending 31 March 2023 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 financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of France Up Limited (registered number: 07173393) were approved and authorised for issue by the Board of Directors on 17 July 2023. They were signed on its behalf by:

O J C Murray Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

France Up Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Hitchcock House Hilltop Park, Devizes Road, Salisbury, SP3 4UF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s400
France Up Limited and its subsidiaries form a small group and therefore are exempt from the requirement to prepare consolidated accounts.

Investments

Unlisted investments where fair value cannot be measured reliably are measured at cost less impairment.

2. Employees

	2023		2022
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	3		3

3. Fixed asset investments

Investments in subsidiaries

	2023
	£
Cost
At 01 April 2022	1,945,933
At 31 March 2023	1,945,933
Carrying value at 31 March 2023	1,945,933
Carrying value at 31 March 2022	1,945,933

Investments in shares

Name of entity	Registered office	Nature of business	Class of shares	Ownership 31.03.2023	Ownership 31.03.2022
France Down Limited	Purns Mill House, Purns Mill, Gillingham, Dorset, United Kingdom	Investment company	Ordinary A and Ordinary B	100.00%	100.00%

The principle activity of France Down Limited is that of an investment company.