Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 27 May 2025 1 September 2023 31 August 2024 31 August 2024 12484778 Mr S J Ling Mr J N Whitfield Mr S J Ling iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12484778 2023-08-31 12484778 2024-08-31 12484778 2023-09-01 2024-08-31 12484778 frs-core:CurrentFinancialInstruments 2024-08-31 12484778 frs-core:ShareCapital 2024-08-31 12484778 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12484778 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12484778 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12484778 frs-bus:SmallEntities 2023-09-01 2024-08-31 12484778 frs-bus:Audited 2023-09-01 2024-08-31 12484778 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12484778 frs-core:UnlistedNon-exchangeTraded 2024-08-31 12484778 frs-core:UnlistedNon-exchangeTraded 2023-08-31 12484778 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-08-31 12484778 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-08-31 12484778 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-08-31 12484778 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-08-31 12484778 frs-bus:Director1 2023-09-01 2024-08-31 12484778 frs-bus:Director2 2023-09-01 2024-08-31 12484778 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 12484778 frs-countries:EnglandWales 2023-09-01 2024-08-31 12484778 2022-08-31 12484778 2023-08-31 12484778 2022-09-01 2023-08-31 12484778 frs-core:CurrentFinancialInstruments 2023-08-31 12484778 frs-core:ShareCapital 2023-08-31 12484778 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 12484778
FP Advanced Holdings Limited
Financial Statements
For The Year Ended 31 August 2024
SFB Group Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12484778
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 2,008,115 2,008,115
2,008,115 2,008,115
CURRENT ASSETS
Debtors 5 1,495,987 1,384,999
1,495,987 1,384,999
Creditors: Amounts Falling Due Within One Year 6 (117,048 ) (6,060 )
NET CURRENT ASSETS (LIABILITIES) 1,378,939 1,378,939
TOTAL ASSETS LESS CURRENT LIABILITIES 3,387,054 3,387,054
NET ASSETS 3,387,054 3,387,054
CAPITAL AND RESERVES
Called up share capital 8 2,008,114 2,008,114
Profit and Loss Account 1,378,940 1,378,940
SHAREHOLDERS' FUNDS 3,387,054 3,387,054
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr S J Ling
Director
27/05/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
FP Advanced Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12484778 . The registered office is 32 Bayton Road, Exhall, Coventry, CV7 9EJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Exemption From Preparing Consolidated Financial Statements
The company has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare consolidated accounts as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its ultimate parent, Threesixty Holdco 10 Limited, 32 Bayton Road Exhall, Coventry, West Midlands, United Kingdom, CV7 9EJ. The financial statements present information about the company as an individual entity and not about its group.
2.3. Investments
Investment in subsidiaries are measured at cost less accumulated impairement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investments
Unlisted
£
Cost
As at 1 September 2023 2,008,115
As at 31 August 2024 2,008,115
Provision
As at 1 September 2023 -
As at 31 August 2024 -
Net Book Value
As at 31 August 2024 2,008,115
As at 1 September 2023 2,008,115
5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 1,495,987 -
Other debtors - 1,384,999
1,495,987 1,384,999
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 31 31
Accruals and deferred income 1,320 1,320
Amounts owed to group undertakings 115,697 4,709
117,048 6,060
7. Secured Creditors
The company has provided a joint guarantee to secure loan facilities to group undertakings, which creates a fixed and floating charge over the assets of the company. The amounts outstanding under these facilities as at 31 August 2024 were £4,518,750.
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2,008,114 2,008,114
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Mr Christopher Waterhouse 689,500 - 689,500 - -
Mr Kuldip Aojula 689,501 - 689,501 - -
10. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
11. Audit Information
The auditor's report on the accounts of FP Advanced Holdings Limited for the year ended 31 August 2024 was unqualified.
The auditor's report was signed by Paul Carvell BFP FCA (Senior Statutory Auditor) for and on behalf of SFB Group Limited , Statutory Auditor.
SFB Group Limited
Manor Court Chambers
Townsend Drive
Nuneaton
Warwickshire
CV11 6RU
Page 3