In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Facilitas Technical Engineering Services Limited for the year ended 31 March 2025 which comprise, the statement of financial position and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of Facilitas Technical Engineering Services Limited, as a body, in accordance with the terms of our engagement letter dated 28 November 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Facilitas Technical Engineering Services Limited and state those matters that we have agreed to state to the board of directors of Facilitas Technical Engineering Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Facilitas Technical Engineering Services Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Facilitas Technical Engineering Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Facilitas Technical Engineering Services Limited. You consider that Facilitas Technical Engineering Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Facilitas Technical Engineering Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The director of the company has elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Facilitas Technical Engineering Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is Ansty House, Henfield Road, Small Dole, Henfield, West Sussex, BN5 9XH.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company’s current development projects are complete and are only subject to any residual snagging work. As there are currently no plans to administer any further projects by the company in the future, the company no longer meets the going concern criteria. Accordingly, the financial statements have been prepared on a basis other than that of a going concern. The director is seeking to realise the assets and settle the liabilities of the company in an orderly fashion and considers that the value of the assets and liabilities, as disclosed within these financial statements, represent the realisable values of each. The director has confirmed that this may take longer than twelve months from the date of signing the financial statements.true

Revenue represents amounts receivable for the provision of services by reference to the costs incurred on development contracts. Revenue is recognised net of VAT and on an accruals basis.

Cash and cash equivalents are basic financial assets and include deposits held at call with banks.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

The company enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and loans from related parties.

Debt instruments like loans and other accounts receivable and payable are initially measured at the transaction price (including transaction costs) and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership to another entity. Financial liabilities are derecognised when, and only when, the company’s obligations are discharged, cancelled, or they expire.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year.

The company had no employees in the current or comparative period.

A loan totalling £219,849 (2024 - £219,849) owed to the executors of Mr M J Hunt in the parent company is secured by way of a fixed and floating charge over all current and future assets of the group.

During the year the company provided services totalling £112,487 (2024 - £53,164) to its shareholders. At the statement of financial position date, £7,228 (2024 - £7,001) was due from its shareholders and this balance is included within trade receivables.

During the year the company provided services totalling £nil (2024 - £132,749) to Hovedean Property Unit Trust, a trust that the shareholders are unit holders of.

The parent company is FM Maintenance Limited, a company with no ultimate controlling party. Their registered office is Ansty House, Henfield Road, Small Dole, Henfield, West Sussex, BN5 9XH.

FM Maintenance Limited prepares consolidated financial statements and copies can be obtained from Companies House.