REGISTERED NUMBER: 01026239 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

FOUNDERBROOK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

E J Heaton

REGISTERED OFFICE:

Kingscott DIx

7 Rockfield Business Park

Old Station Drive, Leckhampton

Cheltenham

Gloucestershire

GL53 0AN

REGISTERED NUMBER:

01026239 (England and Wales)

ACCOUNTANTS:

Kingscott Dix (Cheltenham) Limited

7 Rockfield Business Park

Old Station Drive

Leckhampton

Cheltenham

GL53 0AN

FIXED ASSETS

Tangible assets

4

770

856

Investment property

5

500,000

500,000

500,770

500,856

CURRENT ASSETS

Debtors

6

9,515

7,750

Cash at bank

35,127

41,291

44,642

49,041

CREDITORS

Amounts falling due within one year

7

(21,148

)

(56,068

)

NET CURRENT ASSETS/(LIABILITIES)

23,494

(7,027

)

TOTAL ASSETS LESS CURRENT LIABILITIES

524,264

493,829

CAPITAL AND RESERVES

Called up share capital

8

81

81

Capital redemption reserve

9

38,547

38,547

Retained earnings

9

485,636

455,201

SHAREHOLDERS' FUNDS

524,264

493,829

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 director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

E J Heaton - Director

1.	STATUTORY INFORMATION

Founderbrook Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

No significant judgements or estimations have been used in preparing the financial statements.

Turnover

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

Tangible fixed assets

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

Fixtures and fittings

-

10% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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.

Investments

Listed investments are recognised at fair value, by reference to their market price. Other investments are recognised at fair value.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

13,374

DEPRECIATION

At 1 April 2024

12,518

Charge for year

86

At 31 March 2025

12,604

NET BOOK VALUE

At 31 March 2025

770

At 31 March 2024

856

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

500,000

NET BOOK VALUE

At 31 March 2025

500,000

At 31 March 2024

500,000

Investment property has a historic cost of £171,259.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

7,750

7,750

Prepayments and accrued income

1,765

-

9,515

7,750

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

8,453

6,279

Other creditors

7,750

7,750

Directors' current accounts

527

37,621

Accruals and deferred income

4,418

4,418

21,148

56,068

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

81

Ordinary

£1

81

81

The ordinary share capital is comprised of: 3 A Ordinary shares; 26 B Ordinary shares; 26 C Ordinary shares; and 26 D Ordinary shares.

All ordinary shares have full voting rights, full capital redemption rights, and individual dividend rights.

9.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 April 2024

455,201

38,547

493,748

Profit for the year

30,435

-

30,435

At 31 March 2025

485,636

38,547

524,183

At the year end, retained earnings included £328,741 (2023 - £328,741) of accumulated revaluation gains that are not distributable.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Beaverbrook Limited.