REGISTERED NUMBER: 13545214 (England and Wales)

Fls Holdco Limited

Financial Statements

for the Year Ended 30 April 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G Clarke

D O Rosser

C Sourbutts

C D Williams

I Rosser

REGISTERED OFFICE:

Skewfields

Lower Mill

Pontypool

Torfaen

NP4 0XZ

REGISTERED NUMBER:

13545214 (England and Wales)

AUDITORS:

Xeinadin Audit Limited

Chartered Accountants

& Statutory Auditors

Suite 2d

Building 1 Eastern Business Park

St Mellons

Cardiff

South Glamorgan

CF3 5EA

FIXED ASSETS

Investments

4

5,394,193

5,248,936

CURRENT ASSETS

Debtors

5

-

60,634

Cash at bank

24,338

28,913

24,338

89,547

CREDITORS

Amounts falling due within one year

6

117,561

288,137

NET CURRENT LIABILITIES

(93,223

)

(198,590

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,300,970

5,050,346

CREDITORS

Amounts falling due after more than one year

7

1,099,864

864,961

NET ASSETS

4,201,106

4,185,385

CAPITAL AND RESERVES

Called up share capital

105

105

Share premium

4,174,897

4,174,897

Retained earnings

26,104

10,383

SHAREHOLDERS' FUNDS

4,201,106

4,185,385

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:

I Rosser - Director

1.	STATUTORY INFORMATION

Fls Holdco 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.

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.

Preparation of consolidated financial statements

The financial statements contain information about Fls Holdco 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Going concern

The Directors believe that despite the company having net current liabilities the company should be treated as a going concern. There is sufficient funding in place to meet the liabilities of the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2024

5,248,936

Additions

145,257

At 30 April 2025

5,394,193

NET BOOK VALUE

At 30 April 2025

5,394,193

At 30 April 2024

5,248,936

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Amounts owed by group undertakings

-

60,634

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

-

159,199

Trade creditors

7

-

Amounts owed to group undertakings

111,206

-

Taxation and social security

6,348

4,578

Other creditors

-

124,360

117,561

288,137

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

-

426,460

Amounts owed to group undertakings

1,099,864

-

Other creditors

-

438,501

1,099,864

864,961

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

£

Bank loans

-

585,659

Loan notes

-

562,861

-

1,148,520

The bank loans and loan notes were repaid in full in the current year.

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

The Report of the Auditors was unqualified.

Gareth Francis (Senior Statutory Auditor)

for and on behalf of Xeinadin Audit Limited