REGISTERED NUMBER: 08444983 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

FPCB LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

T C Baines

REGISTERED OFFICE:

10 Powlett Court

BATH

BA2 6QJ

REGISTERED NUMBER:

08444983 (England and Wales)

ACCOUNTANTS:

Berkeley Hall Marshall Limited

6 Charlotte Street

Bath

BA1 2NE

FIXED ASSETS

Tangible assets

4

4,063

3,786

Investment property

5

857,168

769,971

861,231

773,757

CURRENT ASSETS

Debtors

6

-

3,022

Cash at bank

5,426

51,923

5,426

54,945

CREDITORS

Amounts falling due within one year

7

33,604

15,970

NET CURRENT (LIABILITIES)/ASSETS

(28,178

)

38,975

TOTAL ASSETS LESS CURRENT LIABILITIES

833,053

812,732

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

823,053

802,732

833,053

812,732

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 October 2025 and were signed by:

T C Baines - Director

1.	STATUTORY INFORMATION

FPCB 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.

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.

Turnover

The turnover shown in the profit and loss account represents amounts receivable from letting of the company's property and consultancy income.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

10% on reducing balance

Investment property

Investment properties are included in the balance sheet at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss.

Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this policy is in accordance with the applicable accounting standard, it is a departure from the general requirement of the Companies Act 2006 for all tangible asset classes to be depreciated. In the opinion of the Director, compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 is provided in full respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

5,957

Additions

729

At 31 March 2025

6,686

DEPRECIATION

At 1 April 2024

2,171

Charge for year

452

At 31 March 2025

2,623

NET BOOK VALUE

At 31 March 2025

4,063

At 31 March 2024

3,786

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

769,971

Additions

87,197

At 31 March 2025

857,168

NET BOOK VALUE

At 31 March 2025

857,168

At 31 March 2024

769,971

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

970

Other debtors

-

2,052

-

3,022

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

9,382

9,469

Other creditors

24,222

6,501

33,604

15,970

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The Director held a loan account with the company in the year. The balance owing to the Director at the year-end on the loan account was £18,789 (2024 £2,052 debit). The balance is unsecured, interest free and there are no fixed repayment terms.

9.	RELATED PARTY DISCLOSURES

The controlling party is T C Baines.