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Registration number: 03239995

Fenn's (Farnborough) Holdings Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 July 2025

Fenn's (Farnborough) Holdings Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Fenn's (Farnborough) Holdings Limited

Company Information

Director | C R Light

Company secretary | C R Light

Registered office | Unit 1 Hercules Way Aerospace Boulevard Farnborough Hampshire GU14 6UU

Accountants | Tax Innovations Limited Innovations House 19 Staple Gardens Winchester Hampshire SO23 8SR

Fenn's (Farnborough) Holdings Limited

(Registration number: 03239995)
Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investments | 4 | 8 | 8
Current assets |  |  |
Debtors | 5 | 1,464,294 | 1,314,671
Cash at bank and in hand |  | 114,046 | 134,978
|  | 1,578,340 | 1,449,649
Creditors: Amounts falling due within one year | 6 | (1,577,345) | (1,401,298)
Net current assets |  | 995 | 48,351
Net assets |  | 1,003 | 48,359
Capital and reserves |  |  |
Called up share capital | 7 | 3 | 3
Capital redemption reserve |  | 5 | 5
Retained earnings |  | 995 | 48,351
Shareholders' funds |  | 1,003 | 48,359

Fenn's (Farnborough) Holdings Limited

(Registration number: 03239995)
Balance Sheet as at 31 July 2025

For the financial year ending 31 July 2025 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 accounts for the year in question in accordance with section 476; and
• | The director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 May 2026

......................................... C R Light Company secretary and director

Fenn's (Farnborough) Holdings Limited

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

1 | General information

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

The address of its registered office is:
Unit 1 Hercules Way
Aerospace Boulevard
Farnborough
Hampshire
GU14 6UU

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 except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, 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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Fenn's (Farnborough) Holdings Limited

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

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable 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.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

4 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 8 | 8

Fenn's (Farnborough) Holdings Limited

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

Subsidiaries | £
Cost or valuation
At 1 August 2024 | 8
Carrying amount
At 31 July 2025 | 8
At 31 July 2024 | 8

5 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 1,464,294 | 1,314,671
| 1,464,294 | 1,314,671

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 9 | 1,123,531 | 1,310,461
Taxation and social security |  | 13,814 | 836
Other creditors |  | 440,000 | 90,001
|  | 1,577,345 | 1,401,298

Fenn's (Farnborough) Holdings Limited

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

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary A of £0.01 each | 200 | 2 | 200 | 2
Ordinary B of £0.01 each | 20 | - | 20 | -
Ordinary C of £0.01 each | 20 | - | 20 | -
Ordinary D of £0 each | - | - | - | -
Ordinary S of £0.01 each | 20 | - | 20 | -
Ordinary H of £0.01 each | 20 | - | 20 | -
Ordinary J of £0.01 each | 20 | - | 20 | -
| 300 | 3 | 300 | 3

8 | Dividends

Interim dividends paid

|  | 2025 £ |  | 2024 £
Interim dividend of £19,250.00 (2024 - £29,500.00) per each Ordinary B |  | 385,000 |  | 590,000
Interim dividend of £900.00 per each Ordinary H |  | 18,000 |  | 18,000
Interim dividend of £35,000.00 (2024 - £4,090.00) per each Ordinary J |  | 700,000 |  | 81,800
Interim dividend of £Nil per each Ordinary S |  | - |  | -
|  | 1,103,000 |  | 689,800

Fenn's (Farnborough) Holdings Limited

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

9 | Related party transactions

Summary of transactions with all entities with joint control or significant interest

The company has a working capital balance with a company under joint control which is interest free with no fixed repayment terms.

Summary of transactions with subsidiaries

The company has a working capital balance with its subsidiary company which is interest free with no fixed repayment terms. The company periodically provides management services to its subsidiary company for which fees are charged.

Income and receivables from related parties

2025 | Entities with joint control or significant influence £
Amounts receivable from related party | 1,294,295

2024 | Entities with joint control or significant influence £
Amounts receivable from related party | 1,294,295

Expenditure with and payables to related parties

2025 | Subsidiary £
Amounts payable to related party | 1,123,531

2024 | Subsidiary £
Amounts payable to related party | 1,310,461