Falkinder Investments Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11024497

FALKINDER INVESTMENTS LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 June 2025

FALKINDER INVESTMENTS LTD

STATEMENT OF FINANCIAL POSITION

30 June 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	75,276	–
Investments	6	2,038,615	735,000
		-------------	----------
		2,113,891	735,000

Current assets

Debtors	7	18,211	9,752
Cash at bank and in hand		6,554	2,064
		---------	---------
		24,765	11,816

Creditors: amounts falling due within one year	8	( 887,398)	( 309,570)
		----------	----------
Net current liabilities		( 862,633)	( 297,754)
		-------------	----------
Total assets less current liabilities		1,251,258	437,246

Creditors: amounts falling due after more than one year	9	( 790,225)	–

Provisions	( 107,096)	( 106,743)
	-------------	----------
Net assets	353,937	330,503
	-------------	----------

Capital and reserves

Called up share capital	2	2
Profit and loss account	353,935	330,501
	----------	----------
Shareholders funds	353,937	330,503
	----------	----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

FALKINDER INVESTMENTS LTD

STATEMENT OF FINANCIAL POSITION (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 26 September 2025 , and are signed on behalf of the board by:

E S Falkinder

Director

Company registration number: 11024497

FALKINDER INVESTMENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Windsor House, A1 Business Park at, Long Bennington, Newark, NG23 5JR.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

In the application of the Company's accounting policies, which are described in note 3, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The only significant judgement and estimate made by the Directors is in relation to investment properties which have been valued by the Directors on a fair value basis.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	25% straight line
Equipment	-	33% straight line

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

The company only holds basic financial instruments as defined in FRS 102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 July 2024	–	6,561	6,561
Additions	100,368	–	100,368
	----------	-------	----------
At 30 June 2025	100,368	6,561	106,929
	----------	-------	----------
Depreciation
At 1 July 2024	–	6,561	6,561
Charge for the year	25,092	–	25,092
	----------	-------	----------
At 30 June 2025	25,092	6,561	31,653
	----------	-------	----------
Carrying amount
At 30 June 2025	75,276	–	75,276
	----------	-------	----------
At 30 June 2024	–	–	–
	----------	-------	----------

6. Investments

	Other investments other than loans
	£
Cost
At 1 July 2024	735,000
Additions	1,303,615
	-------------
At 30 June 2025	2,038,615
	-------------
Impairment
At 1 July 2024 and 30 June 2025	–
	-------------

Carrying amount
At 30 June 2025	2,038,615
	-------------
At 30 June 2024	735,000
	-------------

In accordance with accounting standards investment properties are stated at their fair value. The valuations were performed by a director of the company.

7. Debtors

	2025	2024
	£	£
Trade debtors	–	9,750
Other debtors	18,211	2
	---------	-------
	18,211	9,752
	---------	-------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	13,854	36
Amounts owed to group undertakings	683,841	78,000
Accruals and deferred income	16,582	9,033
Social security and other taxes	–	1,529
Obligations under finance leases and hire purchase contracts	10,948	–
Director loan accounts	162,173	220,972
	----------	----------
	887,398	309,570
	----------	----------

The hire purchase liability is secured on the asset concerned.

Loans from group companies are interest free and there is no fixed repayment date.

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	700,000	–
Other creditors	90,225	–
	----------	----
	790,225	–
	----------	----

The bank loan is secured by a charge over on units 25, 26, 38 and 39 Lincoln Enterprise Park, Newark Road, Lincoln, LN5 9FP and a fixed and floating charge on the assets of the company.

The hire purchase liability is secured on the asset concerned.

Included within creditors: amounts falling due after more than one year is an amount of £700,000 (2024: £Nil) in respect of liabilities payable or repayable otherwise than by instalments which fall due for payment after more than five years from the reporting date.

10. Controlling party

The immediate and ultimate parent undertaking is Falkinder Holdings Limited . The ultimate controlling parties are the Directors.