REGISTERED NUMBER: 15775233 (England and Wales)

Unaudited Financial Statements

FOR THE PERIOD

12 June 2024 to 28 February 2025

for

FRANK WILKINSON CAMERAS HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

Mr J Cooke

Mr P M Edmondson

Mr D K Parkinson

Mrs A Schultz

Miss A L Wilkinson

Mr F Wilkinson

Mrs E Parkinson

Mrs G Wilkinson

Registered office:

Unit 25 Charnley Fold Estate

School Lane

Bamber Bridge

Preston

Lancashire

PR5 6PS

Registered number:

15775233 (England and Wales)

Accountants:

Cowgills Limited

1st Floor Waterside House

Waterside Drive

Wigan

Lancashire

WN3 5AZ

FIXED ASSETS

Investments

4

1,733

Investment property

5

399,000

400,733

CURRENT ASSETS

Cash at bank

10,256

CREDITORS

Amounts falling due within one year

6

129,875

NET CURRENT LIABILITIES

(119,619

)

TOTAL ASSETS LESS CURRENT LIABILITIES

281,114

CREDITORS

Amounts falling due after more than one year

7

(247,314

)

PROVISIONS FOR LIABILITIES

9

(3,380

)

NET ASSETS

30,420

CAPITAL AND RESERVES

Called up share capital

10

1,733

Fair value reserve

11

10,139

Retained earnings

18,548

SHAREHOLDERS' FUNDS

30,420

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2025 and were signed on its behalf by:

Mr D K Parkinson - Director

1.	STATUTORY INFORMATION

Frank Wilkinson Cameras Holdings 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Frank Wilkinson Cameras Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period 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 period 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 period was 8 .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

1,733

At 28 February 2025

1,733

NET BOOK VALUE

At 28 February 2025

1,733

Investment relates to shares purchased in Frank Wilkinson Cameras Limited.

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

385,481

Revaluations

13,519

At 28 February 2025

399,000

NET BOOK VALUE

At 28 February 2025

399,000

Fair value at 28 February 2025 is represented by:

£

Valuation in 2025

399,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

23,438

Amounts owed to group undertakings

106,437

129,875

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

247,314

8.	SECURED DEBTS

The following secured debts are included within creditors:

£

Bank loans

270,752

The bank loan is secured against the investment property, dated 02 October 2024, in favour of Barclays Bank PLC.

9.	PROVISIONS FOR LIABILITIES

£

Deferred tax

3,380

Deferred

tax

£

Provided during period

3,380

Balance at 28 February 2025

3,380

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1,733

Ordinary

£1

1,733

1,732 Ordinary shares of £1 were issued during the period for cash of £ 1,732 .

11.

RESERVES

Fair

value

reserve

£

Transfer to fair value reserve

10,139

At 28 February 2025

10,139