REGISTERED NUMBER: 14722321 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

FS BUSINESS FINANCE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B F Sutton

G D Watkins

REGISTERED OFFICE:

Castle Garage

Cuckoos Row

Raglan

Monmouthshire

NP15 2HH

REGISTERED NUMBER:

14722321 (England and Wales)

AUDITORS:

Xeinadin Audit Limited

(Statutory Auditor)

Court House

Court Road

Bridgend

CF31 1BE

CURRENT ASSETS

Debtors

4

1,775

100

Cash at bank

4,738

-

6,513

100

CREDITORS

Amounts falling due within one year

5

1,048

-

NET CURRENT ASSETS

5,465

100

TOTAL ASSETS LESS CURRENT LIABILITIES

5,465

100

CAPITAL AND RESERVES

Called up share capital

5,000

100

Retained earnings

465

-

SHAREHOLDERS' FUNDS

5,465

100

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 18 September 2025 and were signed on its behalf by:

G D Watkins - Director

1.	STATUTORY INFORMATION

FS Business Finance 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The company is a wholly owned subsidiary of Frank Sutton Holdings Ltd, a company incorporated in the United Kingdom. The parent company prepares consolidated financial statements which include the results of the company.

The consolidated financial statements of Frank Sutton Holdings Ltd are available to the public on the Companies House website.

Turnover

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

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.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,080

-

Amounts owed by group undertakings

-

100

Other debtors

695

-

1,775

100

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

144

-

Amounts owed to group undertakings

16

-

Taxation and social security

109

-

Other creditors

779

-

1,048

-

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Nigel Williams BCom FCA (Senior Statutory Auditor)

for and on behalf of Xeinadin Audit Limited

7.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company had an outstanding balance of £16 due to its parent company, Frank Sutton Holdings Ltd. No interest was paid on this loan.

8.	ULTIMATE CONTROLLING PARTY

The company is a subsidiary of Frank Sutton Holdings Ltd. The parent undertaking is owned by three directors, none of whom has overall control. Accordingly, there is no ultimate controlling party.

The registered office of the parent company is:

Castle Garage

Cuckoos Row

Raglan

United Kingdom

NP15 2HH