Company No: 13512948 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	65,739		85,479
Investments	4	402,082		402,082
		467,821		487,561
Current assets
Debtors	5	5,438		24,201
Cash at bank and in hand		44,098		19,438
		49,536		43,639
Creditors: amounts falling due within one year	6	( 47,839)		( 51,692)
Net current assets/(liabilities)		1,697		(8,053)
Total assets less current liabilities		469,518		479,508
Creditors: amounts falling due after more than one year	7	( 226,666)		( 266,666)
Provision for liabilities		( 16,500)		( 21,400)
Net assets		226,352		191,442
Capital and reserves
Called-up share capital	8	1		1
Profit and loss account		226,351		191,441
Total shareholder's funds		226,352		191,442

For the financial year ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Finn Environmental Holdings Limited (registered number: 13512948) were approved and authorised for issue by the Director on 04 December 2025. They were signed on its behalf by:

Mr F J Read Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Finn Environmental Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Centenary House Peninsula Park, Rydon Lane, Exeter, EX2 7XE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised as they are delivered.

Dividend income

Dividend income is recognised when the company's right to receive payment has been established.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Vehicles

25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Statement of Income and Retained Earnings. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	0		0

3. Tangible assets

	Vehicles		Total
	£		£
Cost
At 01 June 2024	108,824		108,824
Additions	17,995		17,995
Disposals	( 19,986)		( 19,986)
At 31 May 2025	106,833		106,833
Accumulated depreciation
At 01 June 2024	23,345		23,345
Charge for the financial year	21,913		21,913
Disposals	( 4,164)		( 4,164)
At 31 May 2025	41,094		41,094
Net book value
At 31 May 2025	65,739		65,739
At 31 May 2024	85,479		85,479

4. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 June 2024	402,082
At 31 May 2025	402,082
Carrying value at 31 May 2025	402,082
Carrying value at 31 May 2024	402,082

Investments in shares

Name of entity	Registered office	Principal activity	Class of shares	Ownership 31.05.2025	Ownership 31.05.2024
Alro Services	Centenary House, Peninsula Park, Rydon Lane ,Exeter, EX2 7XE	Alro Services Ltd	Ordinary	100.00%	100.00%

During the financial year the Company received dividends of £70,000 (2024: £120,000) from Alro Services Ltd.

5. Debtors

	2025		2024
	£		£
Amounts owed by Group undertakings	3,103		23,443
Prepayments	810		758
VAT recoverable	1,525		0
	5,438		24,201

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	9		7
Other loans	40,000		40,000
Accruals	7,830		9,418
Other taxation and social security	0		2,267
	47,839		51,692

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

	2025		2024
	£		£
Other loans	226,666		266,666

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1		1

9. Related party transactions

Transactions with owners holding a participating interest in the entity

	2025		2024
	£		£
Loan amounts owed by ALRO Services Limited	3,103		23,443

Finn Environmental Holdings Limited is a 100% shareholder in ALRO Services Limited. The loan between them is repayable on demand and no interest is charged.