| REGISTERED NUMBER: |
| FINDOPTION LIMITED |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 |
| REGISTERED NUMBER: |
| FINDOPTION LIMITED |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 |
| FINDOPTION LIMITED (REGISTERED NUMBER: 01986905) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| FINDOPTION LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Accountants and Chartered Tax Advisers |
| Lynchet House |
| Nateby |
| Kirkby Stephen |
| Cumbria |
| CA17 4JP |
| FINDOPTION LIMITED (REGISTERED NUMBER: 01986905) |
| BALANCE SHEET |
| 31 MARCH 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Investment property fair value |
| reserve | 9 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| FINDOPTION LIMITED (REGISTERED NUMBER: 01986905) |
| BALANCE SHEET - continued |
| 31 MARCH 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| FINDOPTION LIMITED (REGISTERED NUMBER: 01986905) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 1. | STATUTORY INFORMATION |
| Findoption Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is stated net of value added tax and represents the amount received and receivable in respect of the provision of services which fall within the company's ordinary activities. |
| Tangible fixed assets |
| Site equipment | - |
| Office and computer equipment | - |
| Investment property |
| Investment properties are included in the balance sheet at their fair values in accordance with Financial Reporting Standard 102 and are not depreciated. |
| The fair value of the investment properties are considered annually in the light of known movements and trends in the property market and taking account of the directors' knowledge and experience of the market place for such properties. Periodically the directors consult with professional advisers to confirm that their views are in line with those of the sector.In respect of the financial year ended 31 March 2024 the company's investment property was professionally valued. |
| Any aggregate surplus or deficit arising on revaluation is recognised in the profit and loss account and allocated to a fair value reserve. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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. |
| FINDOPTION LIMITED (REGISTERED NUMBER: 01986905) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Office |
| and |
| Site | computer |
| equipment | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2024 |
| and 31 March 2025 |
| DEPRECIATION |
| At 1 April 2024 |
| Charge for year |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 April 2024 |
| Revaluations | ( |
) |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Prepayments and accrued income |
| FINDOPTION LIMITED (REGISTERED NUMBER: 01986905) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other taxation & social |
| security |
| Shareholder Loan |
| Directors' loan accounts |
| Accruals and deferred income |
| 8. | PROVISIONS FOR LIABILITIES |
| 2025 | 2024 |
| £ | £ |
| Deferred tax |
| Investment property |
| revaluations |
| 5,657 | 6,607 |
| Deferred |
| tax |
| £ |
| Balance at 1 April 2024 |
| Credit to Profit and Loss Account during year | ( |
) |
| Balance at 31 March 2025 |
| 9. | RESERVES |
| Investment |
| property |
| fair |
| value |
| reserve |
| £ |
| At 1 April 2024 |
| Surplus on revaluation of |
| investment property | (4,049 | ) |
| At 31 March 2025 |
| 10. | RELATED PARTY DISCLOSURES |
| During the year, total dividends of £11,000 were paid to the directors . |
| Ultimate Controlling Party:- |
| With regard to shareholdings, no one director/member controls the company's affairs. The owner managers are part of the same family and therefore collectively exercise control. |