REGISTERED NUMBER: 07848643 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

FAIRWIND INSTALLATION LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S A A Mitchell

Ms S L Mai

REGISTERED OFFICE:

Ealing Cross

1st Floor

85 Uxbridge Road

London

W5 5TH

REGISTERED NUMBER:

07848643 (England and Wales)

ACCOUNTANTS:

J.Dauman Finance Ltd

Chartered Certified Accountants

Ealing Cross

1st Floor

85 Uxbridge Road

Ealing

London

W5 5TH

FIXED ASSETS

Intangible assets

4

107,267

-

Investments

5

(37,273

)

(37,273

)

69,994

(37,273

)

CURRENT ASSETS

Debtors

6

1,254,779

1,843,498

Cash at bank and in hand

223,565

92,243

1,478,344

1,935,741

CREDITORS

Amounts falling due within one year

7

278,991

191,109

NET CURRENT ASSETS

1,199,353

1,744,632

TOTAL ASSETS LESS CURRENT LIABILITIES

1,269,347

1,707,359

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Revaluation reserve

8

(1,210

)

(1,210

)

Retained earnings

1,269,557

1,707,569

SHAREHOLDERS' FUNDS

1,269,347

1,707,359

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2025 and were signed on its behalf by:

Ms S L Mai - Director

1.	STATUTORY INFORMATION

Fairwind Installation 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2023 - 97 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

109,711

At 31 December 2024

109,711

AMORTISATION

Charge for year

2,444

At 31 December 2024

2,444

NET BOOK VALUE

At 31 December 2024

107,267

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

(37,273

)

NET BOOK VALUE

At 31 December 2024

(37,273

)

At 31 December 2023

(37,273

)

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

38,686

715,203

Amounts owed by group undertakings

1,042,980

656,513

Other debtors

173,113

471,782

1,254,779

1,843,498

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

75,787

43,551

Taxation and social security

138,179

135,387

Other creditors

65,025

12,171

278,991

191,109

8.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

(1,210

)

9.	OTHER FINANCIAL COMMITMENTS

Under FRS 102 Section 9.3(a) (Requirement to present consolidated financial statements) and Section 401 of the Companies Act 2006 (Exemption for company included in non-UK group accounts of larger group). The company is exempt from obligation to prepare and deliver group accounts for the year ended 31 December 2024, as it is itself a wholly-owned subsidiary. Fairwind Installation Ltd is itself a subsidiary of Force Bidco A/S established in Denmark with a registered office in Lysholt Alle 6, Dk-7100, Vejle, Denmark. Therefore Fairwind Installation Ltd's subsidiary undertaking is to be consolidated in group accounts of Force Bidco A/S.The consolidated financial statements of Force Bidco A/S for the year ended 31.12.2024, are publicly available.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Force Bidco A/S, a company incorporated in Denmark.