Fife Holdco Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—6

Registered number: 15764913

		30 June 2025
	Notes	£	£
FIXED ASSETS
Intangible Assets	4		327,708
Tangible Assets	5		18,031

			345,739
CURRENT ASSETS
Stocks		15,000
Debtors		42,140
Cash at bank and in hand		117,393

		174,533
Creditors: Amounts Falling Due Within One Year		(209,211 )

NET CURRENT ASSETS (LIABILITIES)			(34,678 )

TOTAL ASSETS LESS CURRENT LIABILITIES			311,061

Creditors: Amounts Falling Due After More Than One Year			(296,224 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(4,508 )

NET ASSETS			10,329

CAPITAL AND RESERVES
Called up share capital	6		400
Profit and Loss Account			9,929

SHAREHOLDERS' FUNDS			10,329

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Fife Holdco Limited

Abridged Balance Sheet (continued)

As At 30 June 2025

For the period ending 30 June 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 Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 June 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Harry Shetliffe Director	Mr Charles Shetliffe Director
15/01/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Fife Holdco Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15764913 . The registered office is 470 Hucknall Road, Nottingham, Nottinghamshire, NG5 1FX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% reducing balance
Fixtures & Fittings	15% reducing balance
Computer Equipment	33% straight line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Fife Holdco Limited

Notes to the Abridged Financial Statements (continued)

For the Period 2 June 2024 to 30 June 2025

2.6. Taxation

The tax charge represents the sum of the corporation tax currently payable and deferred tax.

The corporation tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income 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 reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 6

4. Intangible Assets

	Total
	£
Cost
As at 2 June 2024	-
Additions	357,500

As at 30 June 2025	357,500

Amortisation
As at 2 June 2024	-
Provided during the period	29,792

As at 30 June 2025	29,792

Net Book Value
As at 30 June 2025	327,708

As at 2 June 2024	-

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Fife Holdco Limited

Notes to the Abridged Financial Statements (continued)

For the Period 2 June 2024 to 30 June 2025

5. Tangible Assets

	Total
	£
Cost
As at 2 June 2024	-
Additions	23,398

As at 30 June 2025	23,398

Depreciation
As at 2 June 2024	-
Provided during the period	5,367

As at 30 June 2025	5,367

Net Book Value
As at 30 June 2025	18,031

As at 2 June 2024	-

6. Share Capital

	30 June 2025
	£
Allotted, Called up and fully paid	400

7. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	30 June 2025
	£
Not later than one year	16,746
Later than one year and not later than five years	87,026
Later than five years	55,116

	158,888

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Fife Holdco Limited

Notes to the Abridged Financial Statements (continued)

For the Period 2 June 2024 to 30 June 2025

8. Related Party Transactions

During the period the company received loans from its holding company. Net amounts totalling £87,239 were received during the year and these remained unpaid at the balance sheet date. Of this amount £34,000 is included in creditors payable within one year and £53,239 is included within creditors payable after one year.

During the period the company received loans from another company that was a substantial shareholder. Net amounts totalling £116,676 were received during the year and these remained unpaid at the balance sheet date. Of this amount £16,805 is included in creditors payable within one year and £99,871 is included in creditors payable after one year.

During the period the directors loaned monies totalling £113,985 to the comany. This balance remained unpaid at the balance sheet date and is included in creditors payable after one year.

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