Foord Second Limited

	Page
Company Information	1
Accountant's Report	2
Balance Sheet	3—4
Notes to the Financial Statements	5—7

Page 1

Page 2

Accountant's Report

For The Year Ended 30 November 2025

Accountant's Report

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Foord Second Limited for the year ended 30 November 2025 which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the directors of Foord Second Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Foord Second Limited and state those matters that we have agreed to state to the directors of Foord Second Limited in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Foord Second Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Foord Second Limited . You consider that Foord Second Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Foord Second Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

12/05/2026

TaxStack Accountants

2 Burghley Way

Littleover

Derby

DE23 4TD

Page 2

Page 3

Foord Second Limited

Balance Sheet

As At 30 November 2025

Balance Sheet

Registered number: 13724764

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		260,000		239,262

			260,000		239,262
CURRENT ASSETS
Debtors	5	188,620		63,277
Cash at bank and in hand		6,339		154,686

		194,959		217,963
Creditors: Amounts Falling Due Within One Year	6	(473,489 )		(488,743 )

NET CURRENT ASSETS (LIABILITIES)			(278,530 )		(270,780 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(18,530 )		(31,518 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(5,185 )		-

NET LIABILITIES			(23,715 )		(31,518 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Fair value reserve	8		15,554		-
Profit and Loss Account			(39,369 )		(31,618 )

SHAREHOLDERS' FUNDS			(23,715)		(31,518)

Page 3

Page 4

Foord Second Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Helen Foord

Director

12/05/2026

The notes on pages 5 to 7 form part of these financial statements.

Page 4

Page 5

Foord Second Limited

Notes to the Financial Statements

For The Year Ended 30 November 2025

Notes to the Financial Statements

1. General Information

Foord Second Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13724764 . The registered office is 8 Dovestone Gardens, Littleover, Derby, DE23 4EJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.3. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

Page 5

Page 6

Foord Second Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Investment Property

	2025
	£
Fair Value
As at 1 December 2024	239,262
Revaluations	20,738

As at 30 November 2025	260,000

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors - AI Law	83,620	53,277
Other debtors - Foord First Ltd.	30,000	10,000
Other debtors - Fylde Coast Energy Limited	75,000	-

	188,620	63,277

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	1
Accruals	106	99
Directors' loan accounts	473,383	488,643

	473,489	488,743

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

Page 6

Page 7

Foord Second Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

8. Reserves

	Fair value reserve	Profit and Loss Account
	£	£
As at 1 December 2024	-	(31,618 )
Profit for the year and total comprehensive income	-	7,802

Share capital reduction	-	(20,738)
Transfer from gain on revaluation of investment properties	20,739	-
Deferred Tax transfer	(5,185)	-
Deferred Tax transfer from P&L to FV reserve	-	5,185

As at 30 November 2025	15,554	(39,369 )

Page 7

Directors	Mr William Foord
	Mrs Helen Foord

Company Number	13724764

Registered Office	8 Dovestone Gardens
	Littleover
	Derby
	DE23 4EJ

Accountants	TaxStack Accountants
	2 Burghley Way
	Littleover
	Derby
	DE23 4TD