REGISTERED NUMBER: 01590924 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2025

for

FN Holdings Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L Newton

Mrs P Newton

SECRETARY:

Mrs P Newton

REGISTERED OFFICE:

Burf Lodge

Hampstall Lane

Astley Burf

Stourport on Severn

Worcestershire

DY13 0RX

REGISTERED NUMBER:

01590924 (England and Wales)

ACCOUNTANTS:

Garner & Co Limited

Rest Harrow

Welland

Malvern

WR13 6NQ

FIXED ASSETS

Tangible assets

4

280,068

297,659

Investments

5

5,524,122

5,451,954

5,804,190

5,749,613

CURRENT ASSETS

Debtors

6

14,538

107,870

Cash at bank

294,322

331,943

308,860

439,813

CREDITORS

Amounts falling due within one year

7

138,057

46,675

NET CURRENT ASSETS

170,803

393,138

TOTAL ASSETS LESS CURRENT LIABILITIES

5,974,993

6,142,751

CAPITAL AND RESERVES

Called up share capital

8

2,228

2,228

Share premium

9

348,912

348,912

Capital redemption reserve

9

1,396

1,396

Retained earnings

9

5,622,457

5,790,215

SHAREHOLDERS' FUNDS

5,974,993

6,142,751

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2025 in accordance with Section 476 of the Companies Act 2006.

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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 August 2025 and were signed on its behalf by:

L Newton - Director

1.	STATUTORY INFORMATION

FN Holdings Ltd 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 as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

Straight line over 20 years

Plant and machinery

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST

At 6 April 2024

309,514

19,523

329,037

Additions

-

1,504

1,504

At 5 April 2025

309,514

21,027

330,541

DEPRECIATION

At 6 April 2024

15,475

15,903

31,378

Charge for year

15,475

3,620

19,095

At 5 April 2025

30,950

19,523

50,473

NET BOOK VALUE

At 5 April 2025

278,564

1,504

280,068

At 5 April 2024

294,039

3,620

297,659

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 6 April 2024

5,451,954

Additions

3,557,835

Disposals

(3,098,453

)

Revaluations

(387,214

)

At 5 April 2025

5,524,122

NET BOOK VALUE

At 5 April 2025

5,524,122

At 5 April 2024

5,451,954

Cost or valuation at 5 April 2025 is represented by:

Other

investments

£

Valuation in 2025

5,524,122

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Other debtors

14,538

107,870

Debtors includes a balance due after more than one year of £NIL (2024: £85,411).

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Tax

105,000

-

Social security and other taxes

1,980

1,845

Other creditors

31,077

44,830

138,057

46,675

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

5.4.25

5.4.24

value:

£

£

2,228

Share capital 1

1

2,228

2,228

9.

RESERVES

Capital

Retained

Share

redemption

earnings

premium

reserve

Totals

£

£

£

£

At 6 April 2024

5,790,215

348,912

1,396

6,140,523

Profit for the year

7,242

7,242

Dividends

(175,000

)

(175,000

)

At 5 April 2025

5,622,457

348,912

1,396

5,972,765

10.	RELATED PARTY DISCLOSURES

The company was under the control of Mr L D Newton throughout the current and previous year.

At 5 April 2025, a mortgage loan of £NIL (2024: £93,425) was owing jointly by Mr A Newton and three others. Mr A Newton is the son of Mr L and Mrs P Newton. He also has an interest in FN Holdings Ltd as a beneficiary under a trust which holds 873 Ordinary £1 shares. The mortgage loan was repaid in full during the year.

During the year dividends were paid to Mr L Newton amounting to £79,882 (2024: £79,882) and Mrs P Newton amounting to £26,548 (2024: £26,548).