Company No: 09795397 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Marc Etherington
	Glen Nigel Hooper (Resigned 02 January 2025)

REGISTERED OFFICE	30 Crown Place
	London
	EC2A 4EB
	United Kingdom

COMPANY NUMBER

09795397 (England and Wales)

ACCOUNTANT	Gravita Essex Limited
	Kings House
	101-135 Kings Road
	Brentwood
	Essex
	CM14 4DR
	United Kingdom

	Note	2025		2024
		£		£
Current assets
Debtors	3	134,486		60,379
Cash at bank and in hand		22,937		11,746
		157,423		72,125
Creditors: amounts falling due within one year	4	( 55,008)		( 63,683)
Net current assets		102,415		8,442
Total assets less current liabilities		102,415		8,442
Creditors: amounts falling due after more than one year	5	0		( 6,411)
Net assets		102,415		2,031
Capital and reserves
Called-up share capital		2,000		2,000
Profit and loss account		100,415		31
Total shareholders' funds		102,415		2,031

For the financial year ending 31 December 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 financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of FCI Currency Ltd (registered number: 09795397) were approved and authorised for issue by the Director on 29 April 2026. They were signed on its behalf by:

Marc Etherington Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

FCI Currency Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 30 Crown Place, London, EC2A 4EB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	2		3

3. Debtors

	2025		2024
	£		£
Trade debtors	36,449		29,285
Amounts owed by Group undertakings	83,526		23,509
Other debtors	14,511		7,585
	134,486		60,379

4. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	6,123		9,422
Trade creditors	8,450		7,919
Taxation and social security	40,435		33,730
Other creditors	0		12,612
	55,008		63,683

5. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		6,411

There are no amounts included above in respect of which any security has been given by the small entity.

6. Related party transactions

Transactions with the entity's director

	2025		2024
	£		£
Advances or credits given	12,612		85,227
Repayments received	0		(80,841)

At the year end the balance owed from the company to the directors was nil (2024: £12,612). Interest is charged on loans at the official rate set by HMRC. Loans are repayable on demand.

7. Ultimate controlling party

Parent Company:

MJ Etherington Holdings

2 Leman Street, London, United Kingdom, E1W 9US