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Company registration number:
13841716
Filsi Construction Ltd
Unaudited Filleted Financial Statements for the year ended
31 January 2026
Filsi Construction Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Filsi Construction Ltd
Year ended
31 January 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements
of
Filsi Construction Ltd
for the year ended
31 January 2026
which comprise the income statement, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Members/​Doc/​rule/​2018-rulebook.pdf.
This report is made solely to the Board of Directors of
Filsi Construction Ltd
, as a body. Our work has been undertaken solely to prepare for your approval the
financial statements
of
Filsi Construction Ltd
and state those matters that we have agreed to state to the Board of Directors of
Filsi Construction Ltd
, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Technical/​fact/​tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
Filsi Construction Ltd
and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that
Filsi Construction Ltd
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and loss of
Filsi Construction Ltd
. You consider that
Filsi Construction Ltd
is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Filsi Construction Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Pivotal Business Services Limited
Chartered Certified Accountant
285 Dodworth Road
Barnsley
South Yorkshire
S70 6PF
United Kingdom
Date:
27 March 2026
Filsi Construction Ltd
Statement of Financial Position
31 January 2026

|  | 2026 | 2025
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 5 | 7,561 |  | 10,083 |
Current assets |  |  |  |  |
Stocks |  | 9,115 |  | 20,525 |
Debtors | 6 | 3,600 |  | 1,169 |
Cash at bank and in hand |  | 1,065 |  | 29,868 |
|  | 13,780 |  | 51,562 |
Creditors: amounts falling due within one year | 7 | (60,520 | ) | (86,866 | )
Net current liabilities |  | (46,740 | ) | (35,304 | )
Total assets less current liabilities |  | (39,179 | ) | (25,221 | )
Capital and reserves |  |  |  |  |
Called up share capital |  | 1 |  | 1 |
Profit and loss account |  | (39,180 | ) | (25,222 | )
Shareholders deficit |  | (39,179 | ) | (25,221 | )

For the year ending
31 January 2026
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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.
These
financial statements
were approved by the board of directors and authorised for issue on
27 March 2026
, and are signed on behalf of the board by:

Mr L Kilpatrick
Director

Company registration number:
13841716
Filsi Construction Ltd
Notes to the Financial Statements
Year ended
31 January 2026

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
3 Barnsdale Way
,
Upton
,
Pontefract
,
West Yorks
,
WF9 1LS
, United Kingdom.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Going concern

These accounts have been prepared on a going concern basis.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, 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.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount 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 capital and reserves. However, the increase is recognised in profit or loss to the extent that 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 capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery | 25% reducing balance
Motor vehicles | 25% reducing balance

## Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

## Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

## Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

## Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

## 4 Average number of employees

The average number of persons employed by the company during the year was
2
(2025:
2.00
).

## 5 Tangible assets

| Plant and machinery etc.
--- | ---
| £
Cost |  |
At 1 February 2025 | 23,905 |
Additions | 300 |
Disposals | (300 | )
At 31 January 2026 | 23,905 |
Depreciation |  |
At 1 February 2025 | 13,822 |
Charge | 2,566 |
Disposals | (44 | )
At 31 January 2026 | 16,344 |
Carrying amount |  |
At 31 January 2026 | 7,561 |
At 31 January 2025 | 10,083 |

## 6 Debtors

| 2026 | 2025
--- | --- | ---
| £ | £
Trade debtors | 2,910 |  | 750 |
Other debtors | 690 |  | 419 |
| 3,600 |  | 1,169 |

## 7 Creditors: amounts falling due within one year

| 2026 | 2025
--- | --- | ---
| £ | £
Trade creditors | 466 |  | 3,029 |
Taxation and social security | 2,913 |  | 4,947 |
Other creditors | 57,141 |  | 78,890 |
| 60,520 |  | 86,866 |