Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-312024-05-242024-05-242024-05-202025-01-31truetruetruetruefalse2024-02-01falseThe principal activity of the Company during the year was that of a holding company for its trading subsidiaries.33truefalse 14678812 2024-02-01 2025-01-31 14678812 2023-02-01 2024-01-31 14678812 2025-01-31 14678812 2024-01-31 14678812 c:Director1 2024-02-01 2025-01-31 14678812 c:Director1 2025-01-31 14678812 c:Director2 2024-02-01 2025-01-31 14678812 c:Director2 2025-01-31 14678812 c:Director3 2024-02-01 2025-01-31 14678812 c:Director3 2025-01-31 14678812 c:Director4 2024-02-01 2025-01-31 14678812 c:Director4 2025-01-31 14678812 c:RegisteredOffice 2024-02-01 2025-01-31 14678812 d:CurrentFinancialInstruments 2025-01-31 14678812 d:CurrentFinancialInstruments 2024-01-31 14678812 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 14678812 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 14678812 d:UKTax 2024-02-01 2025-01-31 14678812 d:UKTax 2023-02-01 2024-01-31 14678812 d:ShareCapital 2025-01-31 14678812 d:ShareCapital 2024-01-31 14678812 d:RetainedEarningsAccumulatedLosses 2024-02-01 2025-01-31 14678812 d:RetainedEarningsAccumulatedLosses 2025-01-31 14678812 d:RetainedEarningsAccumulatedLosses 2023-02-01 2024-01-31 14678812 d:RetainedEarningsAccumulatedLosses 2024-01-31 14678812 d:RetainedEarningsAccumulatedLosses 2023-02-01 14678812 c:OrdinaryShareClass1 2024-02-01 2025-01-31 14678812 c:OrdinaryShareClass1 2025-01-31 14678812 c:OrdinaryShareClass1 2024-01-31 14678812 c:OrdinaryShareClass2 2024-02-01 2025-01-31 14678812 c:OrdinaryShareClass2 2025-01-31 14678812 c:OrdinaryShareClass2 2024-01-31 14678812 c:FRS102 2024-02-01 2025-01-31 14678812 c:Audited 2024-02-01 2025-01-31 14678812 c:FullAccounts 2024-02-01 2025-01-31 14678812 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 14678812 d:Subsidiary1 2024-02-01 2025-01-31 14678812 d:Subsidiary1 1 2024-02-01 2025-01-31 14678812 d:Subsidiary2 2024-02-01 2025-01-31 14678812 d:Subsidiary2 1 2024-02-01 2025-01-31 14678812 d:Subsidiary3 2024-02-01 2025-01-31 14678812 d:Subsidiary3 1 2024-02-01 2025-01-31 14678812 d:Subsidiary4 2024-02-01 2025-01-31 14678812 d:Subsidiary4 1 2024-02-01 2025-01-31 14678812 d:Subsidiary5 2024-02-01 2025-01-31 14678812 d:Subsidiary5 1 2024-02-01 2025-01-31 14678812 2 2024-02-01 2025-01-31 14678812 6 2024-02-01 2025-01-31 14678812 e:PoundSterling 2024-02-01 2025-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14678812









FINDERS GENEALOGISTS HOLDINGS LIMITED









ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 
 
COMPANY INFORMATION


Directors
S Wall  
N C Richards 




Registered number
14678812



Registered office
6-8 Vestry Street

London

N1 7RE




Independent auditor
Barnes Roffe Audit Limited
Chartered Accountants & Statutory Auditor

Leytonstone House

3 Hanbury Drive

London

E11 1GA





 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 

CONTENTS



Page
Strategic Report
 
1
Directors' Report
 
2 - 3
Independent Auditor's Report
 
4 - 7
Statement of Income and Retained Earnings
 
8
Balance Sheet
 
9
Notes to the Financial Statements
 
10 - 17


 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 
 
STRATEGIC REPORT
FOR THE YEAR ENDED 31 JANUARY 2025

Introduction
 
The company's principal activity is that of an investment holding company.

Business review
 
We aim to present a balanced and comprehensive review of the development and performance of our business during the year and its position at the year end. Our review is consistent with the size and non-complex nature of our business.
We consider our key financial performance indicators to be net assets, as net assets demonstrate the financial strength of the company.
The Company is in a net asset position of £3,751 at the year end. The Board are confident in its assessment of going concern, and have put measures in place to protect their staff and continue to operate as normal in the period ahead.

Principal risks and uncertainties
 
The core activity of the company is an investment holding company for Finders Genealogists Limited and its subsidiaries. The risks and uncertainties associated with the group and the environment in which it operates in are outlined in the strategic report of the ultimate holding company India Topco Limited.

Financial key performance indicators
 
The value of the Company's investment is subject to the underlying performance of the trading group. Management monitors and reviews key performance indicators in the trading entities. Details of these are outlined in the strategic report of the ultimate holding company India Topco Limited.

Liquidity risk

The directors recognise the importance of funding and liquidity under the current economic climate and will continue to monitor the Company's financial resources to ensure that the Company is able to support its activities and future growth.


This report was approved by the board on 29 July 2025 and signed on its behalf.



S Wall
Director

Page 1

 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 
 
 
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 JANUARY 2025

The directors present their report and the financial statements for the year ended 31 January 2025.

Directors' responsibilities statement

The directors are responsible for preparing the Strategic Report, 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 applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. 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 Company and of the profit or loss of the Company for that period.

 In preparing these financial statements, the directors are required to:


select suitable accounting policies for the Company's financial statements and then apply them consistently;

make judgments and accounting estimates that are reasonable and prudent;

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 Company and to enable them to ensure that the financial statements comply with the Companies Act 2006They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Results and dividends

The profit for the year, after taxation, amounted to £646 (2024 - £183,205).

During the year dividends of £Nil (2024 - £180,200) were declared.

Directors

The directors who served during the year were:

D W Curran (resigned 24 May 2024)
A R Nielsen (resigned 24 May 2024)
S Wall (appointed 20 May 2024)
N C Richards (appointed 16 August 2024)

Future developments

The directors consider that the Company's strong financial position should provide a platform which is conducive to capitalising on both current and future opportunities.

Page 2

 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 
 
 
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025

Disclosure of information to auditor

Each of the persons who are directors at the time when this Directors' Report is approved has confirmed that:
 
so far as the directors are aware, there is no relevant audit information of which the Company's auditor is unaware, and

the directors have taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditor is aware of that information.

Post balance sheet events

There have been no significant events affecting the Company since the year end.

Auditor

After the year end Barnes Roffe LLP resigned as auditors due to the transfer of its audit business and its successor Barnes Roffe Audit Limited was appointed by the directors under s485 Companies Act 2006.

This report was approved by the Board on 29 July 2025 and signed on its behalf.
 





S Wall
Director

Page 3

 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 
 
 
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF FINDERS GENEALOGISTS HOLDINGS LIMITED
 

Opinion


We have audited the financial statements of Finders Genealogists Holdings Limited (the 'Company') for the year ended 31 January 2025, which comprise the Statement of Income and Retained Earnings, the Balance Sheet and the related notes, including a summary of significant accounting policiesThe financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).


In our opinion the financial statements:


give a true and fair view of the state of the Company's affairs as at 31 January 2025 and of its profit for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.


Basis for opinion


We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.


Conclusions relating to going concern


In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.


Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.


Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.


Page 4

 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 
 
 
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF FINDERS GENEALOGISTS HOLDINGS LIMITED (CONTINUED)


Other information


The other information comprises the information included in the Annual Report other than the financial statements and our Auditor's Report thereon. The directors are responsible for the other information contained within the Annual ReportOur opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.


We have nothing to report in this regard.


Opinion on other matters prescribed by the Companies Act 2006
 

In our opinion, based on the work undertaken in the course of the audit:


the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.


Matters on which we are required to report by exception
 

In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.


We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:


adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of directors' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.


Responsibilities of directors
 

As explained more fully in the Directors' Responsibilities Statement set out on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.


In preparing the financial statements, the directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.


Page 5

 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 
 
 
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF FINDERS GENEALOGISTS HOLDINGS LIMITED (CONTINUED)


Auditor's responsibilities for the audit of the financial statements
 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.


Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:
• Ensuring that the engagement team collectively had the appropriate competence, capabilities and skills to identify non-compliance with applicable laws and regulations;
• We identified the laws and regulations applicable to the company through discussions with directors, and from our commercial knowledge and experience of the relevant sector;
• The specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, are as follows - Companies Act 2006. FRS 102, Employment legislation and Tax legislation;
• We assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence;
• Laws and regulations were communicated within the audit team at the planning meeting, and the audit team remained alert to instances of non-compliance throughout the audit.
We assessed the susceptibility of the company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:
•Making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and 
•Considering the internal controls in place to mitigate risks of fraud and non- compliance with laws and regulations;
•Reviewing the financial statements and testing the disclosures against supporting documentation;
•Performing analytical procedures to identify any unusual or unexpected trends or anomalies;
•Inspecting and testing journal entries to identify unusual or unexpected transactions;
•Assessing whether judgement and assumptions made in determining significant accounting estimates were indicative of management bias.
 
Page 6

 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 
 
 
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF FINDERS GENEALOGISTS HOLDINGS LIMITED (CONTINUED)




A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor's Report.


Use of our report
 

This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditor's Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.





Adam Dodds (Senior Statutory Auditor)
for and on behalf of
Barnes Roffe Audit Limited
Chartered Accountants
Statutory Auditor
Leytonstone House
3 Hanbury Drive
London
E11 1GA

29 July 2025
Page 7

 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 
 
STATEMENT OF INCOME AND RETAINED EARNINGS
FOR THE YEAR ENDED 31 JANUARY 2025

2025
2024
Note
£
£

  

Administrative expenses
  
(8,250)
-

Operating (loss)
  
(8,250)
-

Income from fixed assets investments
  
-
180,200

Interest receivable and similar income
 6 
8,896
3,971

Profit before tax
  
646
184,171

Tax on profit
 7 
-
(966)

Profit after tax
  
646
183,205

  

  

Retained earnings at the beginning of the year
  
3,005
-

Profit for the year
  
646
183,205

Dividends declared and paid
  
-
(180,200)

Retained earnings at the end of the year
  
3,651
3,005

There were no recognised gains and losses for 2025 or 2024 other than those included in the statement of income and retained earnings.

The notes on pages 10 to 17 form part of these financial statements.

Page 8

 
FINDERS GENEALOGISTS HOLDINGS LIMITED
REGISTERED NUMBER: 14678812

BALANCE SHEET
AS AT 31 JANUARY 2025

2025
2024
                                                                          Note
£
£

Fixed assets
  

Investments
 9 
100
100

  
100
100

Current assets
  

Debtors: amounts falling due within one year
 10 
12,867
23,276

Cash at bank and in hand
 11 
-
1,301,971

  
12,867
1,325,247

Creditors: amounts falling due within one year
 12 
(9,216)
(1,322,242)

Net current assets
  
 
 
3,651
 
 
3,005

Total assets less current liabilities
  
3,751
3,105

  

Net assets
  
3,751
3,105


Capital and reserves
  

Called up share capital 
 13 
100
100

Profit and loss account
 14 
3,651
3,005

  
3,751
3,105


The financial statements were approved and authorised for issue by the Board and were signed on its behalf on 29 July 2025.




S Wall
Director

The notes on pages 10 to 17 form part of these financial statements.

Page 9

 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.


General information

Finders Genealogists Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is Ground floor, 6-8 Vestry Street, London, N1 7RE.
The principal activity is that of an investment holding company.

2.Accounting policies

 
2.1

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

 
2.2

Financial Reporting Standard 102 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
the requirements of Section 7 Statement of Cash Flows;
the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;
the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of India Topco Limited as at 31 January 2025 and these financial statements may be obtained from Companies House.

 
2.3

Exemption from preparing consolidated financial statements

The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of any part of the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies Act 2006.

The Company is included in the consolidated financial statements of India Topco Limited which are publicly available. These financial statements therefore present information about the Company as an individual undertaking and not about its Group.

Page 10

 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.4

Going concern

The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. On this basis, the directors consider that the going concern basis of accounting remains appropriate.

 
2.5

Interest income

Interest income is recognised in profit or loss on an actual receipt basis.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

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 value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Page 11

 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)


2.11
Financial instruments (continued)

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
Basic financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.
Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.
Creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Critical judgments in applying the entity’s accounting policies
No significant judgments have had to be made by management in preparing these financial statements.

Page 12

 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

4.


Auditor's remuneration

During the year, the Company obtained the following services from the Company's auditor:


2025
2024
£
£

Fees payable to the Company's auditor for the audit of the Company's financial statements
3,000
2,500

The Company has taken advantage of the exemption not to disclose amounts paid for non-audit services as these are disclosed in the consolidated accounts of the parent company.


5.


Employees




The average monthly number of employees, including the directors, during the year was as follows:


        2025
        2024
            No.
            No.







Employees
3
3


6.


Interest receivable and similar income

2025
2024
£
£


Other interest
8,896
3,971


7.


Taxation


2025
2024
£
£

Corporation tax


Current tax on profits for the year
-
966


-
966


Total current tax
-
966
Page 13

 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
 
7.Taxation (continued)


Factors affecting tax charge for the year

The tax assessed for the year is lower than (2024 - lower than) the standard rate of corporation tax in the UK of 25% (2024 - 25%). The differences are explained below:

2025
2024
£
£


Profit on ordinary activities before tax
646
184,171


Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25%)
162
46,043

Effects of:


Dividends from UK companies
-
(43,828)

Other differences leading to an increase (decrease) in the tax charge
-
(1,249)

Group relief
(162)
-

Total tax charge for the year
-
966


Factors that may affect future tax charges

There were no factors that may affect future tax charges.


8.


Dividends

2025
2024
£
£


Dividends paid on equity capital
-
180,200

Page 14

 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

9.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 February 2024
100



At 31 January 2025
100





Subsidiary undertakings


The following were subsidiary undertakings of the Company:

Name

Registered office

Class of shares

Holding

Finders Genealogists Limited
UK
Ordinary
100%
Finders International Probate Genealogists (Ireland) Limited*
Ireland
Ordinary
100%
DSResearchers Limited*
UK
Ordinary
100%
Heir Hunters Association Limited*
UK
Ordinary
100%
Heir Hunters Researchers Limited*
UK
Ordinary
100%

*Indirect subsidiary.
The Company has a 100% investment in the ordinary share capital of Finders Genealogists Limited, a company registered in England and Wales. The investment comprises 100 ordinary shares at £1.
*DSResearchers Limited, Finders International Probate Genealogists (Ireland) Limited, Heir Hunters
Researchers Limited and Heir Hunters Association Limited are wholly owned subsidiaries of Finders
Genealogists Limited.


10.


Debtors

2025
2024
£
£


Amounts owed by group undertakings
12,867
-

Other debtors
-
23,276

12,867
23,276


Page 15

 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

11.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
-
1,301,971



12.


Creditors: Amounts falling due within one year

2025
2024
£
£

Amounts owed to group undertakings
-
1,321,276

Corporation tax
966
966

Accruals and deferred income
8,250
-

9,216
1,322,242



13.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



90 (2024 - 90) Ordinary A shares of £1.00 each
90
90
10 (2024 - 10) Ordinary B shares of £1.00 each
10
10

100

100



14.


Reserves

Profit and loss account

The Profit and Loss account consists of distributable reserves and non-distributable reserves. The distributable reserves represent cumulative historical profits and losses net of dividends and the repayment of capital. 

Page 16

 
FINDERS GENEALOGISTS HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

15.


Related party transactions

The Company has taken advantage of the exemption, under FRS 102 paragraph 1.12 and paragraph 33.1A from disclosing transactions with key management and from disclosing other related party transactions as they are with other companies that are wholly owned within the group. 
At the year end the Company was owed £Nil 
(2024 - £23,276) from a director of the Company.
During the year the directors had an interest in dividends of £Nil 
(2024 - £180,200).


16.


Controlling party

The Company’s ultimate parent undertaking is India Topco Limited. 89.8% of India Topco Limited's share capital is legally owned by Project Iguazu Nominees Limited. Project Iguazu Nominees Limited is a non trading nominee entity that holds shares on trust for underlying investors. Pelican Capital LLP is considered to be the ultimate controlling party by virtue of its contractual relationships with Project Iguazu Nominees Limited and the underlying investors.

 
Page 17