REGISTERED NUMBER: 08930334 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Financing Business Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J A S Butler

Mrs D Butler

REGISTERED OFFICE:

Datum House

Electra Way

Crewe

Cheshire

CW1 6ZF

REGISTERED NUMBER:

08930334 (England and Wales)

ACCOUNTANTS:

Banks Sheridan

Datum House

Electra Way

Crewe

Cheshire

CW1 6ZF

FIXED ASSETS

Tangible assets

5

-

-

Investments

6

325,066

317,952

Investment property

7

746,000

755,000

1,071,066

1,072,952

CURRENT ASSETS

Debtors: amounts falling due within one year

8

1,632

10,704

Debtors: amounts falling due after more than one year

8

375,000

-

Cash at bank

389,683

3,297

766,315

14,001

CREDITORS

Amounts falling due within one year

9

(246,210

)

(3,241

)

NET CURRENT ASSETS

520,105

10,760

TOTAL ASSETS LESS CURRENT LIABILITIES

1,591,171

1,083,712

PROVISIONS FOR LIABILITIES

11

(38,696

)

(29,294

)

NET ASSETS

1,552,475

1,054,418

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,552,375

1,054,318

SHAREHOLDERS' FUNDS

1,552,475

1,054,418

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 directors acknowledge their 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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

J A S Butler - Director

1.	STATUTORY INFORMATION

Financing Business Limited ('The Company') is a family investment company.

The company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business is 71 Peppering High Barn, Burpham, Arundel, West Sussex, BN18 9RN and the address of the registered office is Datum House, Electra Way, Crewe, Cheshire, CW1 6ZF. The registered number can be found on the Company Information page.

The functional and presentational currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Summary of significant accounting policies

The principle accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation

The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern

No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors.

On this basis the directors consider it appropriate to prepare the financial statements on the going concern basis.

Tangible fixed assets

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

Computer equipment

-

33.33% on cost

Investment property

Investment property is shown at fair value, the fair value is reviewed annually by the director. Any aggregate surplus or deficit arising from changes in the fair value in the year is recognised in the profit or loss within the Statement of Comprehensive Income. The cumulative fair value surplus on the investment property is highlighted in the notes to the financial statements as non-distributable reserves. Rentals received in the year from the investment property are included in other income. Rentals are recognised on a straight line basis over the period of the lease or to the date of the next rent review.

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 end of the financial year.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the end of the financial year.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Fixed asset investments

Unlisted investments are shown at cost less any impairment loss.

Listed investments are shown at fair value, the fair value is reviewed annually by the director. Any aggregate surplus or deficit arising from changes in the fair value in the year is recognised in the profit or loss within the Statement of Comprehensive Income. Investment income from listed investments is shown separately on the income statement.

Investment income from both listed investments and unlisted investments is included in other income.

Impairment of assets

Assets not measured at fair value are reviewed for any indications that the asset may be impaired at each statement of financial position date. If such indications exists the recoverable amount of the asset or the assets cash generating unit is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Any losses arising from impairment are recognised in the Statement of Comprehensive Income under the appropriate heading.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

1,386

DEPRECIATION

At 1 April 2024

and 31 March 2025

1,386

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

317,952

Additions

7,114

At 31 March 2025

325,066

NET BOOK VALUE

At 31 March 2025

325,066

At 31 March 2024

317,952

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

755,000

Reversal of revaluation

(9,000

)

At 31 March 2025

746,000

NET BOOK VALUE

At 31 March 2025

746,000

At 31 March 2024

755,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

517,829

Cost

228,171

746,000

8.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Other debtors

1,632

10,704

Amounts falling due after more than one year:

Other debtors

375,000

-

Aggregate amounts

376,632

10,704

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,318

-

Other creditors

244,892

3,241

246,210

3,241

10.	LEASING AGREEMENTS

Minimum lease payments receivable fall due as follows:

Non-cancellable operating

leases

2025

2024

£

£

Within one year

28,475

26,786

28,475

26,786

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

38,696

29,294

Deferred

tax

£

Balance at 1 April 2024

29,294

Charge to Income Statement during year

9,402

Balance at 31 March 2025

38,696

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

J A S Butler and Mrs D Butler

Balance outstanding at start of year

-

3,013

Amounts advanced

-

51,576

Amounts repaid

-

(54,589

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

Directors' interests in transactions during the year and balances outstanding at the end of the reporting period were as follows:

Directors:

2025

2024

£

£

Loan interest receivable

-

176

Individuals connected to the directors:

2025

2024

£

£

Amounts owed by individuals

-

8,760

On 6 April 2024 the directors transferred to the company the beneficial interest in a £375,000 loan receivable. This loan is shown in debtors: amounts falling due in more than one year. The consideration for the transfer of £375,000 was credited to the directors' loan account.

At 31 March 2025 an amount of £241,645 owed to the directors' is included within creditors: amounts falling due within one year. No interest has been charged to the company on this directors' loan.

13.	RELATED PARTY DISCLOSURES

Transactions with related parties during the year and balances outstanding at the end of the reporting period were as follows:

Entities over which the directors have control:

2025

2024

£

£

Management fees

8,000

16,000

Amounts owed to entities

-

-

14.	NON-DISTRIBUTABLE RESERVES

Included within retained earnings is an amount of £171,128 (2024: £177,878) which is non-distributable.