REGISTERED NUMBER: 09423989 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

FOOTHOLD RESIDENTIAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss J L Buckley

REGISTERED OFFICE:

Ryecroft

Mundaydean Lane

Marlow

Bucks

SL7 3BU

REGISTERED NUMBER:

09423989 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

FIXED ASSETS

Tangible assets

4

39,043

-

Investments

5

2,505,881

2,505,881

2,544,924

2,505,881

CURRENT ASSETS

Debtors

6

-

1,000

Cash at bank

81,729

99,155

81,729

100,155

CREDITORS

Amounts falling due within one year

7

1,756,486

1,766,056

NET CURRENT LIABILITIES

(1,674,757

)

(1,665,901

)

TOTAL ASSETS LESS CURRENT LIABILITIES

870,167

839,980

CREDITORS

Amounts falling due after more than one year

8

(66,575

)

(66,575

)

PROVISIONS FOR LIABILITIES

(86,711

)

(72,524

)

NET ASSETS

716,881

700,881

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

716,781

700,781

SHAREHOLDERS' FUNDS

716,881

700,881

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 19 September 2025 and were signed by:

Miss J L Buckley - Director

1.	STATUTORY INFORMATION

Foothold Residential Limited 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 represents rents received from the residential investment properties.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

Additions

999

47,080

48,079

At 31 March 2025

999

47,080

48,079

DEPRECIATION

Charge for year

208

8,828

9,036

At 31 March 2025

208

8,828

9,036

NET BOOK VALUE

At 31 March 2025

791

38,252

39,043

The fixed assets are residential fixed asset investment properties currently shown at costs which the director considers to be a good indication of market value.

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.3.25

31.3.24

£

£

Freehold investment properties

2,505,881

2,505,881

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

-

1,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

82

9,925

Other creditors

1,756,404

1,756,131

1,756,486

1,766,056

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

66,575

66,575

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Mortgage creditor

66,575

66,575

The mortgage creditor is interest only and is secured by a first charge against a freehold property owned by the company.