FGUW Holdings Limited Accounts






FGUW Holdings Limited

	Company No. 14739007
		Information for Filing with The Registrar
		31 March 2025

The Directors present their report and the accounts for the year ended 31 March 2025.

Principal activities
The principal activity of the company during the year under review was Holding Company.




Directors

The Directors who served at any time during the year were as follows:

J.M. Lewis
M.A. Turner
BKAI Frontier Principals LLC







































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

J.M. Lewis
Director
31 December 2025

at	31 March 2025
Company No.		14739007	Notes	2025	2024
				£	£
Fixed assets



	Investments		4	6,041,806	6,041,806
				6,041,806	6,041,806
Current assets

	Debtors		5	421,928	402,171


				421,928	402,171
Creditors: Amount falling due within one year			6	(1,412)	(611)
Net current assets				420,516	401,560
Total assets less current liabilities				6,462,322	6,443,366




Net assets				6,462,322	6,443,366

Capital and reserves
	Called up share capital			3,733,480	3,834,028
	Share premium account		8	617,420	617,420

	Capital redemption reserve		8	2,052,222	1,991,918
	Profit and loss account		8	59,200	-

Total equity				6,462,322	6,443,366



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 31 December 2025 and signed on its behalf by:
J.M. Lewis
Director
31 December 2025

for the year ended 31 March 2025

General information

FGUW Holdings Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 14739007

Its registered office is:

Hope Cottage

Draycott

Wolverhampton

WV5 7EA

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	0	0

4	Investments
			Investment in Subsidiaries	Total
			£	£
		Cost or valuation
		At 1 April 2024	6,041,806	6,041,806



		At 31 March 2025	6,041,806	6,041,806
		Provisions/Impairment





		Net book values
		At 31 March 2025	6,041,806	6,041,806
		At 31 March 2024	6,041,806	6,041,806

5	Debtors
			2025	2024
			£	£

		Amounts owed by group undertakings	421,928	402,171






			421,928	402,171

6	Creditors:
		amounts falling due within one year
			2025	2024
			£	£









		Accruals and deferred income	1,412	611
			1,412	611

Share Capital

349,552 £0.0001 ordinary shares were allocated, issued and fully paid.
9,114,410 $1.00 redeemable preference shares were allocated, issued and fully paid at an exchange rate of 0.7847 £:$.
On 23rd June 4,228,475 shares were redeemed as per sale agreement for a total value of £1326166.78 and cancelled transferring £1,991917.55 to Capital Redemption Reserve.

8	Reserves
			Capital redemption reserve	Total other reserves
			£	£



		Transfers	1,991,918	1,991,918
		At 31 March 2024 and 1 April 2024	1,991,918	1,991,918


		Transfers	60,304	60,304
		At 31 March 2025	2,052,222	2,052,222


		Capital redemption reserve - records the nominal value of shares repurchased by the company.
		Share premium account - includes any premiums received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium.
		Profit and loss account - includes all current and prior period retained profits and losses.

9	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	-	142,314
		Dividends accrued at the period end	70,000	-
			70,000	142,314

		Dividends by type:
		Non-equity preference dividends	-	-
		Equity dividends	70,000	142,314
			70,000	142,314