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REGISTERED NUMBER: 10639854 (England and Wales)















FLD Investments Limited

Unaudited Financial Statements for the Year Ended 31st March 2024






FLD Investments Limited (Registered number: 10639854)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FLD Investments Limited

Company Information
for the Year Ended 31st March 2024







Director: D Farnham





Registered office: 7 Neptune Court
Vanguard Way
Cardiff
CF24 5PJ





Registered number: 10639854 (England and Wales)





Accountants: Haines Watts Wales LLP
7 Neptune Court
Vanguard Way
Cardiff
CF24 5PJ

FLD Investments Limited (Registered number: 10639854)

Balance Sheet
31st March 2024

2024 2023
Notes £    £   
Current assets
Debtors 5 1,669,655 27,645
Cash at bank 26,881 1,156
1,696,536 28,801
Creditors
Amounts falling due within one year 6 (1,695,538 ) (21,458 )
Net current assets 998 7,343
Total assets less current liabilities 998 7,343

Capital and reserves
Called up share capital 1 1
Retained earnings 997 7,342
998 7,343

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28th March 2025 and were signed by:





D Farnham - Director


FLD Investments Limited (Registered number: 10639854)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. Statutory information

FLD Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is derived from interest received or receivable on debt instruments issued by the company

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition

3. Employees and directors

The average number of employees during the year was 1 (2023 - 8 ) .

FLD Investments Limited (Registered number: 10639854)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

4. Intangible fixed assets
Goodwill
£   
Cost
At 1st April 2023
and 31st March 2024 34,187
Amortisation
At 1st April 2023
and 31st March 2024 34,187
Net book value
At 31st March 2024 -
At 31st March 2023 -

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Amounts owed by associates 395,182 24,293
Other debtors 1,274,473 2,390
VAT - 962
1,669,655 27,645

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 1 1,970
Amounts owed to associates 42,707 -
Tax - 15,332
Other creditors 2,330 2,656
Directors' current accounts 1,647,500 -
Accrued expenses 3,000 1,500
1,695,538 21,458

7. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31st March 2024 and 31st March 2023:

2024 2023
£    £   
D Farnham
Balance outstanding at start of year - -
Amounts advanced 127,500 -
Amounts repaid (1,775,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,647,500 ) -

FLD Investments Limited (Registered number: 10639854)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

8. Related party disclosures

Included within other debtors amounts falling due within 1 year is an amount repayable to the company of £395,182 (2023: £24,293) due from Companies which the director has a participating interest in.

Included within creditors amounts falling due within one year is an amount to Companies of £42,707 (2023: £nil) Companies which the director has a participating interest in.

9. Ultimate controlling party

The controlling party is D and L Farnham.