FPI Co 16 Ltd - Accounts

FPI Co 16 Ltd
Contents Page
For the year ended 31 March 2025

Company information	1
Directors' report	2
Statement of financial position	3
Notes to the financial statements	4

FPI Co 16 Ltd
Company Information
For the year ended 31 March 2025

Directors	D R Wylde D Hatzis
Registered Number	09401696
Registered Office	Cedar House Abingdon Road Tubney Oxfordshire OX13 5QQ

1

FPI Co 16 Ltd
Directors' Report
For the year ended 31 March 2025

Director's report and financial statements

The directors present his/her/their annual report and the financial statements for the year ended 31 March 2025.

Directors

The directors who served the company throughout the year were as follows:

D R Wylde

D Hatzis

Statement of directors' responsibilities

The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:

----------------------------------
D R Wylde
Director

Date approved: 18 December 2025

2

FPI Co 16 Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	340,659	344,402
		340,659	344,402
Current assets
Creditors: amount falling due within one year	4	(99,917)	(142,019)
Net current assets		(99,917)	(142,019)

Total assets less current liabilities		240,742	202,383
Net assets		240,742	202,383

Capital and reserves
Called up share capital		100	100
Profit and loss account		240,642	202,283
Shareholders' funds		240,742	202,383

For the 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.

Directors' 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 18 December 2025 and were signed on its behalf by:

-------------------------------
D R Wylde
Director

3

FPI Co 16 Ltd
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

FPI Co 16 Ltd is a private company, limited by shares, registered in England and Wales, registration number 09401696, registration address Cedar House, Abingdon Road, Tubney, Oxfordshire, OX13 5QQ

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Freehold property

2% Straight Line

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

3.

Tangible fixed assets

Cost or valuation	Freehold property	Total
	£	£
At 01 April 2024	374,350	374,350
Additions	-	-
Disposals	-	-
At 31 March 2025	374,350	374,350
Depreciation
At 01 April 2024	29,948	29,948
Charge for year	3,743	3,743
On disposals	-	-
At 31 March 2025	33,691	33,691
Net book values
Closing balance as at 31 March 2025	340,659	340,659
Opening balance as at 01 April 2024	344,402	344,402

4.

Creditors: amount falling due within one year

	2025 £	2024 £
Amounts Owed to Group Undertakings	96,965	97,651
Corporation Tax	0	40,000
Other Creditors	2,952	4,368
	99,917	142,019

The company is subject to a charge covering all rights, title and interest in and to the freehold, commonhold and leasehold property including but not limited to the properties specified in schedule 1 being 13 Somerset Road, Christchurch BH23 2ED (Title number DT117096), 156 Blackwell Road, Huthwaite NG17 2RF (Title number NT73579), 37 Thurlow Road, Torquay TQ1 3EF (Title number DN89496), 5 High Street, Honiton, Devon EX14 1PR (Title numbers DN87154 and DN263892), 92 Ringwood Road, Walkford, Christchurch BH23 5RF (title number DT164887), 95 Ringwood Road, Walkford, Christchurch BH23 5RA (Title number DT78660), Brynsworthy, Higher Woodway Road, Teignmouth TQ14 8RB (Title number DN312424), Cherry Trees, Main Road, Broughton NG22 9JE (Title number NT379028), Harfield House, Ashvale Road, Tuxford NG22 0NH (Title number NT307868), land on the north west side of Gardenia, 5 Atlantic Way, Westward Ho!, Bideford (also known as Cherry Tree House, Nelson Road) (Title number DN516633), land on the south side of Southwell Road East (also known as Nursery Gardens), Rainworth, Nottingham (Title number NT469260), Windsor Lodge Care Home, 43 Cranford Avenue, Exmouth EX8 2QD (Title number DN186921)

5.	Related party transactions The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

4

Registered Number: 09401696
England and Wales
FPI CO 16 LTD

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025