Ferra Holdings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10238820 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

FERRA HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D Rogers

REGISTERED OFFICE:

10 John Street

London

WC1N 2EB

REGISTERED NUMBER:

10238820 (England and Wales)

AUDITORS:

Oury Clark Chartered Accountants

Statutory Auditors

Herschel House

58 Herschel Street

Slough

Berkshire

SL1 1PG

FIXED ASSETS

Investments

4

1,023,110

CURRENT ASSETS

Debtors

5

2,382,305

2,382,996

CREDITORS

Amounts falling due within one year

6

1,310,074

1,267,179

NET CURRENT ASSETS

1,072,231

1,115,817

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,095,341

2,138,927

CREDITORS

Amounts falling due after more than one
year

7

879,950

810,654

NET ASSETS

1,215,391

1,328,273

CAPITAL AND RESERVES

Called up share capital

8

145,005

Share premium

9

910,316

Foreign exchange reserve

9

163,543

325,640

Retained earnings

9

(3,473

)

(52,688

)

SHAREHOLDERS' FUNDS

1,215,391

1,328,273

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 director and authorised for issue on 26 May 2026 and were signed by:

D Rogers - Director

1.	STATUTORY INFORMATION

Ferra Holdings 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 company has obtained a letter of support from a group company. The directors of Ferra Engineering Pty Ltd have provided commitment to provide any financial support which may be necessary in order for the company to meet liabilities, as they fall due, for a period of at least 12 months and 1 day from the signing of the audit report. As a result of this commitment the director has continued to adopt the going concern basis in preparing these financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Presentation currency

The presentation currency of Ferra Holdings Limited is United States dollars ($) due to group considerations, The functional currency is Great British pounds (£) as the this is the currency in which influences the cost of its inputs and in which transaction are incurred. Hence, is the currency of the company's primary economic environment.

The functional currency of the entity has been translated into its presentational currency in accordance with the following:

Assets and liabilities were translated into US Dollars at closing rates of exchange. Trading results were translated into US Dollars at month end rates of exchange. Differences resulting from the translation on the opening net assets and the results for the year have been taken to reserves;

Share capital and other reserves were translated at historic rates prevailing at the dates of transactions.

Turnover

Turnover represents amounts charged to the company's parent company under a sales and marketing agreement, excluding value added tax. Turnover is recognised, on a cost plus basis, when the relevant costs are accrued.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Basic financial instruments as covered by Section 11 of FRS 102 (Section 1A) are measured at amortised cost. The company does not have any Other Financial Instruments as covered by Section 12 of FRS 102 (Section 1A).

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Fixed asset investments

Investments in subsidiaries are recorded at cost less impairment. Whereas investments in joint ventures are recorded using the equity method, initially recognised at cost with subsequent adjustments made to reflect the share of profits from the joint venture.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

$

COST

At 1 January 2025

and 31 December 2025

1,023,110

NET BOOK VALUE

At 31 December 2025

1,023,110

At 31 December 2024

1,023,110

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

$

Amounts owed by group undertakings

2,382,151

2,367,421

Other debtors

154

15,575

2,382,305

2,382,996

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

$

Amounts owed to group undertakings

1,274,994

1,191,639

Taxation and social security

16,237

5,643

Other creditors & accruals

18,843

69,897

1,310,074

1,267,179

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

$

Amounts owed to group undertakings

879,950

810,654

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

$

7,000,000

A Ordinary (voting)

0.020714707

145,002

1,700,000

B,C,D Ordinary (non-voting)

0.0000015

3

145,005

The A Ordinary shares carry voting rights and B Ordinary shares, C Ordinary Shares, and D ordinary shares do not carry voting rights. Each A Ordinary share carries three votes at general meetings. None of the A Ordinary shares, B Ordinary shares, C Ordinary shares, and D Ordinary shares are redeemable.

9.

RESERVES

Foreign

Retained

Share

exchange

earnings

premium

reserve

Totals

$

At 1 January 2025

(52,688

)

910,316

325,640

1,183,268

Profit for the year

49,215

Foreign exchange movement

-

(162,097

)

(162,097

)

At 31 December 2025

(3,473

)

910,316

163,543

1,070,386

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Rachel Lockwood (Senior Statutory Auditor)

for and on behalf of Oury Clark Chartered Accountants

We would like to draw your attention to the following statement contained within our audit report as included within the full financial statements:-

"Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed."

11.	ULTIMATE CONTROLLING PARTY

The Director believes there is no ultimate individual controlling party.

12.	ULTIMATE PARENT COMPANY

The ultimate parent company is Accurus Aerospace Holdings LLC and is registered in the US. Their registered office address is One West Third Street, Suite 1400, Tulsa, OK 74103.