REGISTERED NUMBER: 09571646 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

FHF Halfway Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms A Edwards

Dr N Edwards

REGISTERED OFFICE:

CFC House

Woodseats Close

Sheffield

S8 0TB

REGISTERED NUMBER:

09571646 (England and Wales)

ACCOUNTANTS:

Camplejohn Rowan

CFC House

Acorn Business Park

Woodseats Close

Sheffield

South Yorkshire

S8 0TB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

147,470

143,953

147,470

143,953

CURRENT ASSETS

Debtors

6

61,525

76,937

Cash at bank and in hand

7,231

2,942

68,756

79,879

CREDITORS

Amounts falling due within one year

7

(1,414,083

)

(1,083,086

)

NET CURRENT LIABILITIES

(1,345,327

)

(1,003,207

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,197,857

)

(859,254

)

CREDITORS

Amounts falling due after more than one year

8

(24,377

)

(97,299

)

PROVISIONS FOR LIABILITIES

-

(14,961

)

NET LIABILITIES

(1,222,234

)

(971,514

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

(1,222,334

)

(971,614

)

SHAREHOLDERS' FUNDS

(1,222,234

)

(971,514

)

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 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.

The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2026 and were signed on its behalf by:

Dr N Edwards - Director

1.	STATUTORY INFORMATION

FHF Halfway 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 represents membership fees and room rental. Membership fees are recognised monthly in advanced. Room rental is recognised when the rental takes place.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

7,877

AMORTISATION

At 1 September 2024

and 31 August 2025

7,877

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

145,516

183,300

59,272

5,528

393,616

Additions

-

47,110

-

-

47,110

At 31 August 2025

145,516

230,410

59,272

5,528

440,726

DEPRECIATION

At 1 September 2024

72,856

125,973

46,384

4,450

249,663

Charge for year

14,356

25,064

3,234

939

43,593

At 31 August 2025

87,212

151,037

49,618

5,389

293,256

NET BOOK VALUE

At 31 August 2025

58,304

79,373

9,654

139

147,470

At 31 August 2024

72,660

57,327

12,888

1,078

143,953

Fixed assets held under hire purchase contracts had a net book value of £5,2570 at the year end (31/08/24: £7,010). Depreciation charged on these assets during the year totalled £1,752 (31/08/24: £2,337).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

792

221

Other debtors

17,057

43,752

Prepayments and accrued income

43,676

32,964

61,525

76,937

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

5,645

4,735

Trade creditors

34,328

17,173

Social security and other taxes

8,314

27,876

VAT

6,919

2,760

Other creditors

1,347,277

1,018,132

Accrued expenses

1,600

2,410

1,414,083

1,083,086

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

24,377

91,654

Hire purchase contracts

-

5,645

24,377

97,299

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 September 2024

(971,614

)

Deficit for the year

(250,720

)

At 31 August 2025

(1,222,334

)