REGISTERED NUMBER: 09038345 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 December 2024

for

FFUK Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Collinson

H Creer

A Creer

M Conboy

J J Dawson

REGISTERED OFFICE:

The Flip, No1 Carrs Industrial Estate

Bentwood Road

Haslingden

Rossendale

Lancashire

BB4 5HH

REGISTERED NUMBER:

09038345 (England and Wales)

ACCOUNTANTS:

Fact3

3 Hardman Square

Spinningfields

Manchester

M3 3EB

FIXED ASSETS

Investments

4

560,528

560,528

CURRENT ASSETS

Debtors

5

598,800

237,550

Cash at bank

5,286

12,572

604,086

250,122

CREDITORS

Amounts falling due within one year

6

4,637

6,481

NET CURRENT ASSETS

599,449

243,641

TOTAL ASSETS LESS CURRENT LIABILITIES

1,159,977

804,169

CREDITORS

Amounts falling due after more than one year

7

1,157,283

801,475

NET ASSETS

2,694

2,694

CAPITAL AND RESERVES

Called up share capital

528

528

Retained earnings

2,166

2,166

SHAREHOLDERS' FUNDS

2,694

2,694

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 25 September 2025 and were signed on its behalf by:

.................................................................

M Conboy - Director

1.	STATUTORY INFORMATION

FFUK 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.

Going concern

The recovery from the global pandemic continues to impact on the wider UK economy, but the company and its' subsidiary has continued to strengthen their balance sheets and have taken various steps to maximize opportunities from the positive recovery seen in the sector in which they trade. After careful consideration of all the information available, including cash flow projections, the directors are confident of the company's future and longevity and have continued to adopt the going concern basis in preparing the financial statements.

Turnover

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

560,528

NET BOOK VALUE

At 31 December 2024

560,528

At 31 December 2023

560,528

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

598,800

237,550

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

-

56

Other creditors

4,637

6,425

4,637

6,481

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

1,157,283

801,475

8.	RELATED PARTY DISCLOSURES

During the period, the company has paid management charges of £nil (2023: £nil) to FF Concept Group Ltd. The balance due from FF Concept Group Ltd was £598,800 (2023: £237,550 ). FF Concept Group Ltd owns 100% of the shares in the company.

During the period, the company has received management charges of £98 (2023: £nil) from Foremost Furniture Limited. The balance due to Foremost Furniture Limited was £1,157,283 (2023: £801,475).The company owns 100% of the shares in Foremost Furniture Limited.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is FF Concept Group Ltd.