IRIS Accounts Production v26.1.0.640 12082823 Board of Directors 1.1.25 31.12.25 31.12.25 0 0 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 12082823 2024-12-31 12082823 2025-12-31 12082823 2025-01-01 2025-12-31 12082823 2023-12-31 12082823 2024-01-01 2024-12-31 12082823 2024-12-31 12082823 ns15:EnglandWales 2025-01-01 2025-12-31 12082823 ns14:PoundSterling 2025-01-01 2025-12-31 12082823 ns10:Director1 2025-01-01 2025-12-31 12082823 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 12082823 ns10:SmallEntities 2025-01-01 2025-12-31 12082823 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 12082823 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 12082823 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 12082823 ns10:FullAccounts 2025-01-01 2025-12-31 12082823 ns10:Director2 2025-01-01 2025-12-31 12082823 ns10:Director3 2025-01-01 2025-12-31 12082823 ns10:Director4 2025-01-01 2025-12-31 12082823 ns10:RegisteredOffice 2025-01-01 2025-12-31 12082823 ns5:CurrentFinancialInstruments 2025-12-31 12082823 ns5:CurrentFinancialInstruments 2024-12-31 12082823 ns5:ShareCapital 2025-12-31 12082823 ns5:ShareCapital 2024-12-31 12082823 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 12082823 ns5:RetainedEarningsAccumulatedLosses 2024-12-31

REGISTERED NUMBER: 12082823 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 December 2025 |

| for |

| Friar 2019 Limited |

| Friar 2019 Limited (Registered number: 12082823) |

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Friar 2019 Limited |

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | M Speed

| W E J Speed

| C M Speed

| B J G Speed

| REGISTERED OFFICE: | Slaley Hall

| Slaley

| Bonsall

| Matlock

| Derbyshire

| DE4 2BB

| REGISTERED NUMBER: | 12082823 (England and Wales)

| ACCOUNTANTS: | Bates Weston LLP

| Chartered Accountants

| The Mills

| Canal Street

| Derby

| DE1 2RJ

| Friar 2019 Limited (Registered number: 12082823) |

Balance Sheet

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 656,547 |  | 656,547 |  |

CURRENT ASSETS

Cash at bank | 15,320 |  | 10,548 |  |

CREDITORS

Amounts falling due within one year | 5 | 687,224 |  | 683,390 |  |

NET CURRENT LIABILITIES | (671,904 | ) | (672,842 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (15,357 | ) | (16,295 | ) |

CAPITAL AND RESERVES

Called up share capital | 6 |  | 6 |  |

Retained earnings | (15,363 | ) | (16,301 | ) |

(15,357 | ) | (16,295 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2026 and were signed on its behalf by:

M Speed - Director

| Friar 2019 Limited (Registered number: 12082823) |

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Friar 2019 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 as modified by the revaluation of certain assets.

| The company's financial statements should be prepared on a going concern basis on the grounds that, despite reporting net liabilities in the balance sheet, current and future sources of funding and the continued support of the directors and associated companies will be more than adequate for the company's needs. The Board considered a period of twelve months from the date of approval of the financial statements.

| Turnover

| Turnover represents property rentals receivable. Turnover is recognised when rentals are due in accordance with the lease terms.

| Investment property

| Investment property is not depreciated but is revalued annually at its fair value, in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". Any aggregate surplus or deficit arising from changes in fair value are taken to the profit and loss account and transferred to a fair value reserve.

3. | EMPLOYEES AND DIRECTORS

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

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2025

| and 31 December 2025 | 656,547 |  |

| NET BOOK VALUE

| At 31 December 2025 | 656,547 |  |

| At 31 December 2024 | 656,547 |  |

| Fair value at 31 December 2025 is represented by:

£ |

| Valuation in 2025 | 656,547 |  |

| Friar 2019 Limited (Registered number: 12082823) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

4. | INVESTMENT PROPERTY - continued

| If investment property had not been revalued it would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 656,547 |  | 656,547 |  |

| Investment property was valued on a fair value basis on 31 December 2025 by the directors .

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Amounts owed to related parties | 683,390 |  | 683,390 |  |

| Accruals and deferred income | 3,834 |  | - |  |

687,224 |  | 683,390 |  |