Foulds Investments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04326480 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

FOULDS INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K V Carroll

Mrs J R Foulds

Mr C D Foulds

Mr R Foulds

SECRETARY:

Mrs J R Foulds

REGISTERED OFFICE:

10 Stadium Business Court

Millennium Way

Pride Park

Derby

DE24 8HP

REGISTERED NUMBER:

04326480 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,220,000

CURRENT ASSETS

Debtors

5

17,500

2,381

Cash at bank

49,964

39,831

67,464

42,212

CREDITORS

Amounts falling due within one year

6

75,404

72,026

NET CURRENT LIABILITIES

(7,940

)

(29,814

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,212,060

1,190,186

PROVISIONS FOR LIABILITIES

7

169,941

NET ASSETS

1,042,119

1,020,245

CAPITAL AND RESERVES

Called up share capital

8

5,000

Share premium

307,312

Retained earnings

729,807

707,933

SHAREHOLDERS' FUNDS

1,042,119

1,020,245

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 May 2026 and were signed on its behalf by:

Mrs K V Carroll - Director

1.	STATUTORY INFORMATION

Foulds Investments 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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts 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 equity, except to the extent 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 equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Investment properties

Investment properties are shown at their open market value. The surplus or deficit arising from the annual revaluation is transferred to the Statement of Comprehensive Income.

This is in accordance with FRS 102 1A which, unlike Part 15 to the Companies Act 2006, does not require depreciation of investment properties. Investment properties are held for their investment potential and not for use by the company and so their current value is of prime importance. The departure from the provisions of the Act is required in order to give a true and fair view.

Taxation

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

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The directors have considered the fair value of the investment properties at the reporting date, which has been calculated based on historic professional valuations and review of trends in the property market. The methods and significant assumptions applied in determining the fair value of the investment properties include consideration into: property market trends local to the investment properties, recent property sales local to the investment properties, rental yields of the properties and the condition of the properties.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Land &

buildings

£

COST

At 1 January 2025

and 31 December 2025

1,220,000

NET BOOK VALUE

At 31 December 2025

1,220,000

At 31 December 2024

1,220,000

The investment properties were revalued by the directors at the balance sheet date at an open market value.

The historical cost of the freehold property is £354,711.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

17,500

2,381

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Tax

43,291

39,397

VAT

1,126

1,642

Other creditors

555

Directors' loan accounts

2,750

Accruals and deferred income

27,682

75,404

72,026

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

169,941

Deferred

tax

£

Balance at 1 January 2025

169,941

Balance at 31 December 2025

169,941

This is due to a property revaluation in 2016.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

5,000

Ordinary

£1

5,000