Registration number: 13319793

Frasers Holdings Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 10

Frasers Holdings Limited

Company Information

Director

N I Clark

Registered office

Suite A Unit 1 Marcus Close Reading Berkshire RG30 4EA

Accountants

Vale & West Accountancy Services Limited Chartered AccountantsVictoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG

Frasers Holdings Limited

(Registration number: 13319793)
Balance Sheet as at 31 March 2025

	Note	31 March 2025 £	31 March 2024 £
Fixed assets
Tangible assets	4	-	931,000
Investments	5	516	516
		516	931,516
Current assets
Debtors	6	150,516	516
Cash at bank and in hand		970,045	8,679
		1,120,561	9,195
Creditors: Amounts falling due within one year	7	(123,148)	(103,021)
Net current assets/(liabilities)		997,413	(93,826)
Total assets less current liabilities		997,929	837,690
Creditors: Amounts falling due after more than one year	7	-	(119,578)
Provisions for liabilities		-	(26,800)
Net assets		997,929	691,312
Capital and reserves
Called up share capital	9	1,032	1,032
Revaluation reserve		-	276,694
Retained earnings		996,897	413,586
Shareholders' funds		997,929	691,312

For the financial year ending 31 March 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 18 December 2025
 

Frasers Holdings Limited

(Registration number: 13319793)
Balance Sheet as at 31 March 2025 (continued)

N I Clark Director

Frasers Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Suite A
Unit 1
Marcus Close
Reading
Berkshire
RG30 4EA

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in Pound Sterling (£), which is also the functional currency of the company.

Summary of disclosure exemptions

The financial statements contain information about Frasers Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. .

Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Frasers Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

Judgements

In applying the Company’s accounting policies, management is required to exercise judgement and make estimates and assumptions concerning the carrying amounts of assets and liabilities that are not readily apparent from other sources. These estimates and underlying assumptions are based on historical experience and other factors considered relevant. Actual results may differ from these estimates.

The estimates and assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period of revision if the change affects only that period, or in the period of revision and future periods if the change affects both current and future periods.

Key sources of estimation uncertainty

Valuation of Land and Buildings - As disclosed in Note 5 to the financial statements, land and buildings are stated at fair value based on a valuation performed by an independent professional valuer, Haslams, Chartered Surveyors, who has recent experience in the location and category of property being valued. The valuation methodology is based on observable market prices, adjusted as necessary for differences in future use, location, or condition of the specific asset..

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from land and buildings is recognised in the period the property rental becomes becomes receivable.

Tax

Tax on profit represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from the profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the year.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities and the corresponding tax bases used to compute taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for temporary differences to the extent that it is probable that taxable profits will be available to utilise the timing difference.

Deferred tax liabilities and assets are measured at tax rates that are expected to apply in the period the liability is settled or the asset realised. The measurement of deferred tax liabilities and assets reflects the tax consequences in which the company expects to recover or settle the underlying amount of its assets and liabilities.

Frasers Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

Tangible assets

Land and buildings held and used in the Company's own activities are stated at their revalued amount. The revalued amount equates to the fair value at the date of revaluation, less any depreciation or impairment losses subsequently accumulated. Revaluations are carried out so that carrying amounts do not materially differ from using the fair value at the the balance sheet date.

Any revaluation increase or decrease on land and buildings is credited to the property revaluation reserve.

At each balance sheet date, the Company reviews the carrying amounts of its land and buildings to determine whether there is any indication it has suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss, if any.

Where an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its of its recoverable amount, to the extent that the increased carrying amount does not exceed the carrying amount that would have been determined (net of depreciation) had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised as income immediately.

Depreciation

Depreciation on revalued buildings is charged to profit or loss so as to write off its value, less residual value, over its estimated useful life of 50 years, using the straight line method.

Investments

Investments in subsidiary undertakings and where fair value cannot be measured reliably are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade and other creditors are initially recognised at transaction price and are subsequently remeasured to
amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Borrowings

Borrowings are measured initially at fair value, net of transaction costs, and are subsequently remeasured to
amortised cost using the effective interest method.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable
and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Frasers Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash received or receivable.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are authorised.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 0).

4	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 April 2024	1,000,000	1,000,000
Disposals	(1,000,000)	(1,000,000)
At 31 March 2025	-	-
Depreciation
At 1 April 2024	69,000	69,000
Charge for the year	12,146	12,146
Eliminated on disposal	(81,146)	(81,146)
At 31 March 2025	-	-
Carrying amount
At 31 March 2025	-	-
At 31 March 2024	931,000	931,000

Frasers Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

4	Tangible assets (continued)

Freehold property revaluation

The fair value of the company's freehold property was revalued on 3 February 2020 by an independent valuer.
The valuation was based on open market value, reflecting the price obtainable in an arm’s length transaction between a willing buyer and seller. This approach considered recent market transactions for comparable properties and adjustments for differences in size, condition, and location.. The name and qualification of the independent valuer are Haslams, Chartered Surveyors..

Had this class of asset been measured on a historical cost basis, the carrying amount would have been £Nil (2024 - £310,000).

5	Fixed asset investments

	31 March 2025 £	31 March 2024 £
Shares in subsidiary undertakings	516	516