REGISTERED NUMBER: 07663686 (England and Wales)

FUNDHOUSE LIMITED

Report of the Directors and

Financial Statements

for the Year Ended 31 August 2025

Page

Company Information

1

Report of the Directors

2

Statement of Income and Retained Earnings

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

R S Maguire

P C Foster

REGISTERED OFFICE:

1 Tower Place West

Tower Place

London

EC3R 5BU

REGISTERED NUMBER:

07663686 (England and Wales)

ACCOUNTANTS:

The Bailey Partnership

Chartered Accountants

The Old Mill, Kings Mill

Kings Mill Lane

South Nutfield

Surrey

RH1 5NB

The directors present their report with the financial statements of the company for the year ended 31 August 2025.

DIRECTORS

R S Maguire has held office during the whole of the period from 1 September 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

R S Maguire - Director

16 January 2026

TURNOVER

851,606

1,225,414

Administrative expenses

829,509

1,000,167

OPERATING PROFIT

4

22,097

225,247

Interest receivable and similar income

1,317

4,943

PROFIT BEFORE TAXATION

23,414

230,190

Tax on profit

5

5,692

61,130

PROFIT FOR THE FINANCIAL YEAR

17,722

169,060

Retained earnings at beginning of year

449,525

430,465

Dividends

-

(150,000

)

RETAINED EARNINGS AT END OF YEAR

467,247

449,525

FIXED ASSETS

Tangible assets

6

-

966

CURRENT ASSETS

Debtors

7

256,094

519,386

Cash at bank

419,391

251,874

675,485

771,260

CREDITORS

Amounts falling due within one year

8

95,957

210,420

NET CURRENT ASSETS

579,528

560,840

TOTAL ASSETS LESS CURRENT LIABILITIES

579,528

561,806

CAPITAL AND RESERVES

Called up share capital

9

436

436

Share premium

10

111,845

111,845

Retained earnings

10

467,247

449,525

SHAREHOLDERS' FUNDS

579,528

561,806

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 16 January 2026 and were signed on its behalf by:

R S Maguire - Director

1.	STATUTORY INFORMATION

Fundhouse 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.

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.

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

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Fixed assets do not require replacement of parts or the cost of major inspections to be recognised separately.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Holiday pay

No liability is recognised in respect of holiday pay as employees are unable to carry forward holiday into future periods.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

Period

1.7.23

Year Ended

to

31.8.25

31.8.24

£

£

Directors' remuneration

65,289

87,500

Directors' pension contributions to money purchase schemes

5,399

7,000

4.	OPERATING PROFIT

The operating profit is stated after charging:

Period

1.7.23

Year Ended

to

31.8.25

31.8.24

£

£

Depreciation - owned assets

242

397

5.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

Period

1.7.23

Year Ended

to

31.8.25

31.8.24

£

£

Current tax:

UK corporation tax

5,692

61,130

Tax on profit

5,692

61,130

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 September 2024

1,047

316

1,363

Disposals

(1,047

)

(316

)

(1,363

)

At 31 August 2025

-

-

-

DEPRECIATION

At 1 September 2024

305

92

397

Charge for year

186

56

242

Eliminated on disposal

(491

)

(148

)

(639

)

At 31 August 2025

-

-

-

NET BOOK VALUE

At 31 August 2025

-

-

-

At 31 August 2024

742

224

966

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

150,401

392,818

Other debtors

65,284

79,872

Prepayments and accrued income

40,409

46,696

256,094

519,386

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

31,308

16,223

Tax

5,612

75,195

VAT

20,837

71,356

Other creditors

34,430

45,897

Accrued expenses

3,770

1,749

95,957

210,420

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

21,789

Ordinary C

.01

218

218

21,789

Ordinary D

.01

218

218

436

436

10.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 September 2024

449,525

111,845

561,370

Profit for the year

17,722

17,722

At 31 August 2025

467,247

111,845

579,092