FOURIER BIDCO LIMITED

Company Registration Number:
14532200 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 9 December 2022

End date: 31 December 2023

FOURIER BIDCO LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

FOURIER BIDCO LIMITED

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Additional information

The Directors are responsible for preparing the Directors’ report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the group and the company and of the profit or loss of the group for that period. In preparing those financial statements, the directors are required to: -select suitable accounting policies for the company's financial statements and then apply them consistently; -make judgements and estimates that are reasonable and prudent; and -state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and -prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the group and company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the group and company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small companies note In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A. These financial statements are prepared and stated in €'000.



Directors

The director shown below has held office during the period of
13 February 2023 to 31 December 2023

T Nadkarni


The director shown below has held office during the whole of the period from
9 December 2022 to 31 December 2023

A Neville


The director shown below has held office during the period of
9 December 2022 to 16 February 2023

D whileman


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
16 August 2024

And signed on behalf of the board by:
Name: T Nadkarni
Status: Director

FOURIER BIDCO LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

13 months to 31 December 2023


£
Administrative expenses: ( 6,120 )
Operating profit(or loss): (6,120)
Profit(or loss) before tax: (6,120)
Profit(or loss) for the financial year: (6,120)

FOURIER BIDCO LIMITED

Balance sheet

As at 31 December 2023

Notes 13 months to 31 December 2023


£
Fixed assets
Investments: 3 122,970
Total fixed assets: 122,970
Current assets
Cash at bank and in hand: 148
Total current assets: 148
Creditors: amounts falling due within one year: 4 ( 268 )
Net current assets (liabilities): (120)
Total assets less current liabilities: 122,850
Total net assets (liabilities): 122,850
Capital and reserves
Called up share capital: 100
Share premium account: 128,870
Profit and loss account: (6,120 )
Total Shareholders' funds: 122,850

The notes form part of these financial statements

FOURIER BIDCO LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 16 August 2024
and signed on behalf of the board by:

Name: T Nadkarni
Status: Director

The notes form part of these financial statements

FOURIER BIDCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Valuation information and policy

    Investments represent a 37.05% holding in Proteros DE. Investments in subsidiaries are measured at cost less accumulated impairment.

    Other accounting policies

    Accounting policies -Basis of preparation of financial statements The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The following principal accounting policies have been applied: -Exemption from preparing consolidated financial statements The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts. -Going concern The directors have reasonable expectation that the company has adequate resources to continue in operational business for the foreseeable future. Accordingly, they have adopted the going concern basis in preparing the annual report and accounts. -Investments Investments represent a 37.05 holding in Proteros DE. Investments in subsidiaries are measured at cost less accumulated impairment. -Debtors Short term debtors are measured at transaction price, less any impairment. -Cash and cash equivalents Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in. -Creditors Short term trade creditors are measured at the transaction price. There are no other financial liabilities. -Financial instruments The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

FOURIER BIDCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    13 months to 31 December 2023
    Average number of employees during the period 2

FOURIER BIDCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Fixed assets investments note

2023 EUR'000 Cost 122,970 Additions 0 Disposals 0 At 31 December 2023 122,970 At 31 December 2023, the company had a 37.05% holding in Proteros DE, a private company (limited by shares) which is incorporated and domiciled in United Kingdom.

FOURIER BIDCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

13 months to 31 December 2023
£
Trade creditors 35
Accruals and deferred income 233
Total 268