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Registrar

Registration number: 12368429

Fisslewick Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

Fisslewick Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Fisslewick Limited

Company Information

Directors | S E Laws J Holland G Kearney J Millican

Registered office | Dedham Hall Business Centre Brook Street Dedham Essex CO7 6AD

Accountants | Lambert Chapman LLP 3 Warners Mill Silks Way Braintree Essex CM7 3GB

Fisslewick Limited

(Registration number: 12368429)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | (As restated) 2024 £
Fixed assets |  |  |
Investments | 4 | 5,898,676 | 5,898,676
Creditors: Amounts falling due within one year | 5 | (2,230,575) | (2,133,101)
Total assets less current liabilities |  | 3,668,101 | 3,765,575
Creditors: Amounts falling due after more than one year | 5 | (107,000) | (393,000)
Net assets |  | 3,561,101 | 3,372,575
Capital and reserves |  |  |
Called up share capital | 6 | 1,000 | 1,000
Retained earnings |  | 3,560,101 | 3,371,575
Shareholders' funds |  | 3,561,101 | 3,372,575

For the financial year ended 31 December 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; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 April 2026 and signed on its behalf by:

G Kearney
Director

Fisslewick Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: Dedham Hall Business Centre, Brook Street, Dedham, Essex, CO7 6AD.

These financial statements were authorised for issue by the Board on 13 April 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.
These financial statements are presented in Sterling (£), which is the company's functional currency.

Summary of disclosure exemptions

The company has taken exemption from disclosing transactions with other members of wholly owned groups under Section 33.1a of FRS 102.

Prior period errors

The preference share capital of the company has be restated from equity share capital to liability as the share are redeemable, interest is cumulative and market rate.

| Relating to the current period disclosed in these financial statements £ | Relating to the prior period disclosed in these financial statements £ | Relating to periods before the prior period disclosed in these financial statements £
Preference share capital | 1,413,401 | 1,413,401 | 1,413,401
Loans and borrowings (preference shares) | (1,707,046) | (1,707,046) | (1,641,390)
Retained earnings brought forward | 293,645 | 227,989 | 164,859
Interest expense | - | 65,656 | 63,130

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Fisslewick Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Dividends on equity securities are recognised in income when receivable.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity.
Preference shares are classified as liabilities where the dividends accrued are recognised at a market rate of interest. Dividends on preference shares are recognised within profit and loss in the period they relate. Where preference shares are redeemable in more than 12 months from the reporting date they are recognised as a non-current liability. Where preference shares are redeemable based on non-time based conditions the directors will exercise their judgement on when the conditions are expected to be met. Where uncertainty exists, the liability will be recognised as current by default.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

Fisslewick Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 5,898,676 | 5,898,676

Subsidiaries | £
Cost or valuation
At 1 January 2025 | 5,898,676
At 31 December 2025 | 5,898,676
Provision
At 1 January 2025 | -
At 31 December 2025 | -
Carrying amount
At 31 December 2025 | 5,898,676
At 31 December 2024 | 5,898,676

5 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | (As restated) 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | 1,775,328 | 1,707,046
Amounts owed to group undertakings |  | 109,836 | -
Other creditors |  | 411 | -
Directors loan |  | 345,000 | 424,000
Accruals and deferred income |  | - | 2,055
|  | 2,230,575 | 2,133,101

Creditors: amounts falling due after more than one year

| 2025 £ | 2024 £
Due after one year |  |
Directors loan | 107,000 | 393,000

Fisslewick Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary A shares of £0.01 each | 20,000 | 200 | 20,000 | 200
Ordinary B shares of £0.01 each | 80,000 | 800 | 80,000 | 800
| 100,000 | 1,000 | 100,000 | 1,000

7 | Loans and borrowings

Current loans and borrowings

| 2025 £ | (As restated) 2024 £
Redeemable preference shares | 1,775,328 | 1,707,046

8 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The director, J H Millican, holds a fixed and floating charge over the company and its assets.