Fifth Column Limited 31/07/2025 iXBRL

Company registration number: 02472986

Fifth Column Limited

Information for filing with the registrar

31 July 2025

Fifth Column Limited

Contents

Abridged statement of financial position

Notes to the financial statements

Fifth Column Limited

Abridged statement of financial position

31 July 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	121,958		153,428
		_______		_______
			121,958		153,428

Current assets
Stocks		4,500		7,000
Debtors		631,045		390,114
Cash at bank and in hand		422,724		265,491
		_______		_______
		1,058,269		662,605
Creditors: amounts falling due
within one year		( 670,937)		( 450,115)
		_______		_______
Net current assets			387,332		212,490
			_______		_______
Total assets less current liabilities			509,290		365,918


Provisions for liabilities			( 30,101)		( 37,883)

			_______		_______
Net assets			479,189		328,035
			_______		_______

Capital and reserves
Called up share capital	6		102		102
Other reserves			2		2
Profit and loss account			479,085		327,931
			_______		_______
Shareholders funds			479,189		328,035
			_______		_______

For the year ending 31 July 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.

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 abridged statement of comprehensive income has not been delivered.

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 31 July 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 19 November 2025 , and are signed on behalf of the board by:

Zsolt Petrik

Director

Company registration number: 02472986

Fifth Column Limited

Notes to the financial statements

Year ended 31 July 2025

1. General information

The company is a private company limited by shares, registered in the UK. The address of the registered office is 7 Bell Yard, London, England, WC2A 2JR.

2. Statement of compliance

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

Turnover

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

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are 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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

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:


Leasehold Improvement	-	10 %	straight line
Plant and machinery	-	25 %	reducing balance
Fittings fixtures and equipment	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

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. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

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. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 23 (2024: 23 ).

5. Tangible assets


		£
	Cost
	At 1 August 2024	660,183
	Additions	6,010
		_______
	At 31 July 2025	666,193
		_______
	Depreciation
	At 1 August 2024	506,755
	Charge for the year	37,480
		_______
	At 31 July 2025	544,235
		_______
	Carrying amount
	At 31 July 2025	121,958
		_______
	At 31 July 2024	153,428
		_______

6 Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Amounts presented in equity:
Ordinary shares of £ 1.00 each	100	100	100	100
Ordinary A shares of £ 1.00 each	1	1	1	1
Ordinary B shares of £ 1.00 each	1	1	1	1
	_______	_______	_______	_______
	102	102	102	102
	_______	_______	_______	_______
Amounts presented in liabilities:
Ordinary shares of £ 1.00 each	100	100	100	100
Ordinary A shares of £ 1.00 each	1	1	1	1
Ordinary B shares of £ 1.00 each	1	1	1	1
	_______	_______	_______	_______
	102	102	102	102
	_______	_______	_______	_______

7 Operating leases

The company as lessee

The total future minimum lease payments under non-cancellable operating leases are as follows:


	£	£

Not later than 1 year	250,000	250,000
Later than 1 year and not later than 5 years	1,000,000	1,000,000
Later than 5 years	750,000	1,000,000
	_______	_______
	2,000,000	2,250,000
	_______	_______

8 Other financial commitments

Holiday pay accrued at the year end amounted to £ Nil (2024 -£Nil).

9 Contingent assets and liabilities

R Adams and C Santos hold a fixed and floating charge over all the property or undertaking of the company.

10 Parent-subsidary relationship

The company's parent company (and ultimate controlling party) is Fifth Column Holdings Ltd whose registered office address is 7 Bell Yard, London WC2A 2SE and whose trading address is Unit 1, Lockwood Industrial Park, Millmead Road, London, N17 9QP.