FPR Group Limited Company accounts

COMPANY REGISTRATION NUMBER: 09358207

FPR Group Limited

Financial Statements

For the Period from 1 June 2024

31 March 2025

FPR Group Limited

Financial Statements

Period from 1 June 2024 to 31 March 2025

Contents	Page

Strategic Report	1

Directors' Report	2

Independent Auditor's Report to the Members	4

Statement of Income and Retained Earnings	7

Statement of Financial Position	8

Notes to the Financial Statements	9

FPR Group Limited

Strategic Report

Period from 1 June 2024 to 31 March 2025

Principal Activities The principal activity of the Company is that of a holding company. During the year, the Company held investments in a subsidiary undertaking and provided strategic oversight and support to this entity. Review of Business The Company continued to operate as the parent undertaking of the Group throughout the period. During the period, the Company was acquired by Kingdom Services Group Limited, becoming part of a wider group structure. Following the acquisition, the Company continued to hold its investment in a subsidiary undertaking and oversee the strategic direction of that business. The Directors consider the results for the period to be satisfactory in light of market conditions and the Company's role as a holding company. The financial position of the Company at the period end remains strong, supported by its investment in the subsidiary undertaking. Principal Risks and Uncertainties As a holding company, the Company's performance is dependent upon the performance and financial position of its subsidiary undertaking. The Directors regularly monitor the trading performance, cash flows and financial position of the subsidiary company and consider the principal risks facing that entity as part of the Group's overall risk management process. Future Developments The Directors intend to continue the Company's activities as a holding company and to support the development and growth of its subsidiary undertaking. Following the acquisition during the period, the Company will continue to integrate within the wider group structure and pursue opportunities to enhance shareholder value.

This report was approved by the board of directors on 8 June 2026 and signed on behalf of the board by:

T Barton

Director

Registered office:

Kingdom House

Woodlands Park

Ashton Road

Newton-Le-Willows

England

WA12 0HF

FPR Group Limited

Directors' Report

Period from 1 June 2024 to 31 March 2025

The directors present their report and the financial statements of the company for the period ended 31 March 2025 .

Directors

The directors who served the company during the period were as follows:

A M Barton	(Appointed 3 March 2025)
R J Barton	(Appointed 3 March 2025)
T Barton	(Appointed 3 March 2025)
N J Whittle	(Appointed 3 March 2025)
M Foster	(Resigned 3 March 2025)
P G Simpson	(Resigned 3 March 2025)

Dividends

Particulars of recommended dividends are detailed in note 6 to the financial statements.

Events after the End of the Reporting Period

Particulars of events after the reporting date are detailed in note 12 to the financial statements.

Directors' Responsibilities Statement

The directors are responsible for preparing the strategic report, directors' report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial period. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgments and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

This report was approved by the board of directors on 8 June 2026 and signed on behalf of the board by:

T Barton

Director

Registered office:

Kingdom House

Woodlands Park

Ashton Road

Newton-Le-Willows

England

WA12 0HF

FPR Group Limited

Independent Auditor's Report to the Members of FPR Group Limited

Period from 1 June 2024 to 31 March 2025

Opinion

We have audited the financial statements of FPR Group Limited (the 'company') for the period ended 31 March 2025 which comprise the statement of income and retained earnings, statement of financial position and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the period then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; - have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions Relating to Going Concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Matter

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on Other Matters Prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- the information given in the strategic report and the directors' report for the financial period for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

Matters on Which We are Required to Report by Exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of directors' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit.

Responsibilities of Directors

As explained more fully in the directors' responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: - Obtained an understanding of the nature and sector of the company along with reviewing the financial performance; - Discussions with management to identify areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements based on our understanding of the company and through discussion with management (as required by auditing standards); - We also considered laws and regulations in areas that directly affect the financial statements including financial reporting (including related company legislation); - We evaluated directors and management's incentives and opportunities for fraudulent manipulation of the financial statements; - We communicated the identified laws and regulations throughout our audit team to ensure that they were alert of any indications which would highlight any non-compliance during the audit; - Matters were also discussed with the finance director during the planning process and throughout the audit fieldwork, in relation to any cases of fraud or non-compliance of laws and regulations which may have taken place during the period or post year end; - Review of transactions (including journals); - Review of legal correspondence and related costs; and - Review opening balances in detail due to the company not being audited by ourselves. There are inherent limitations in the audit procedures described above. We did not identify any such irregularities, however as with any audit, there remained a higher risk of non-detection of irregularities due to fraud, as these may involve deliberate concealment, collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report. 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 an auditor's report 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.

Iain Round BSc FCA

(Senior Statutory Auditor)

For and on behalf of

Menzies LLP

Chartered accountants & statutory auditor

One Express

1 George Leigh Street

Manchester

M4 5DL

8 June 2026

FPR Group Limited

Statement of Income and Retained Earnings

Period from 1 June 2024 to 31 March 2025

	Period from
	1 Jun 24 to	Year to
	31 Mar 25	31 May 24
Note	£	£

Administrative expenses	18	13
	----	----
Operating loss	( 18)	( 13)

Income from shares in group undertakings	5	64,000	253,350
		--------	---------
Profit before taxation		63,982	253,337

Tax on profit	–	–
	--------	---------
Profit for the financial period and total comprehensive income	63,982	253,337
	--------	---------

Dividends paid and payable	6	( 64,000)	( 253,330)

Retained earnings at the start of the period	595,453	595,446
	---------	---------
Retained earnings at the end of the period	595,435	595,453
	---------	---------

All the activities of the company are from continuing operations.

FPR Group Limited

Statement of Financial Position

31 March 2025

	31 Mar 25	31 May 24
Note	£	£

Fixed assets

Investments	7	710,654	710,654

Current assets

Debtors	8	–	53,332
Cash at bank and in hand		–	18
		----	--------
		–	53,350

Creditors: amounts falling due within one year	9	–	53,332
		----	--------
Net current assets		–	18
		---------	---------
Total assets less current liabilities		710,654	710,672
		---------	---------

Capital and reserves

Called up share capital	10	1,000	1,000
Share premium account	11	114,219	114,219
Profit and loss account	11	595,435	595,453
		---------	---------
Shareholders funds		710,654	710,672
		---------	---------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the medium companies regime.

These financial statements were approved by the board of directors and authorised for issue on 8 June 2026 , and are signed on behalf of the board by:

T Barton

Director

Company registration number: 09358207

FPR Group Limited

Notes to the Financial Statements

Period from 1 June 2024 to 31 March 2025

1. General Information

The company is a private company limited by shares, registered in England and Wales. On 10 March 2025 the registered office changed from 4th Floor, 132 Queens Road, Brighton, BN1 3WB to Kingdom House, Woodlands Park, Ashton Road, Newton-Le-Willows, WA12 0HF.

2. Statement of Compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting Policies

Basis of Preparation

The financial statements have been prepared on the historical cost basis.

Disclosure Exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of Kingdom Services Group Limited which can be obtained from Companies House. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) Disclosures in respect of each class of share capital have not been presented. (b) No cash flow statement has been presented for the company. (c) Disclosures in respect of financial instruments have not been presented. (d) No disclosure has been given for the aggregate remuneration of key management personnel.

Consolidation

The company was, at the end of the period, a wholly owned subsidiary of Kingdom Services Group Limited incorporated in the UK and in accordance with section 400 of the Companies Act 2006, is not required to produce, and has not published, consolidated accounts.

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. Significant judgements The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows: - The company assesses the carrying value of amounts due from group companies annually or more frequently if warranted by a change in circumstances. Recoverability is dependent upon assumptions and judgements regarding future cash flows and profit margins. - Determination of whether there are indicators of impairment of the company's investments. Factors taken into consideration in reaching such a decision include the economic viabilities and expected future financial performance of the asset. Key sources of estimation uncertainty Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows: - In the opinion of the directors there are no significant areas of estimation uncertainty.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Financial Instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. Auditor's Remuneration

	Period from
	1 Jun 24 to	Year to
	31 Mar 25	31 May 24
	£	£
Fees payable for the audit of the financial statements	6,000	–
	-------	----

The audit fee for the prior year was included as a group fee totalling £18,350 and not split between the parent and the subsidiary.

5. Income from Shares in Group Undertakings

	Period from
	1 Jun 24 to	Year to
	31 Mar 25	31 May 24
	£	£
Dividends from group undertakings	64,000	253,350
	--------	---------

6. Dividends

Dividends paid during the period (excluding those for which a liability existed at the end of the prior period):

	31 Mar 25	31 May 24
	£	£
Dividends paid during the period	64,000	253,330
	--------	---------

7. Investments

	Shares in group undertakings
	£
Cost
At 1 June 2024 and 31 March 2025	710,654
	---------
Impairment
At 1 June 2024 and 31 March 2025	–
	---------

Carrying amount
At 31 March 2025	710,654
	---------
At 31 May 2024	710,654
	---------

Subsidiary

First People Recruitment Limited

Registered Office: Kingdom House, Woodlands Park, Ashton Road, Newton-Le-Willows, WA12 0HF Nature of Business: Recruitment

Class of shares: 100% Ordinary Holding

8. Debtors

	31 Mar 25	31 May 24
	£	£
Amounts owed by group undertakings	–	53,332
	----	--------

9. Creditors: amounts falling due within one year

	31 Mar 25	31 May 24
	£	£
Director loan accounts	–	53,332
	----	--------

10. Called Up Share Capital

Issued, called up and fully paid

	31 Mar 25		31 May 24
	No.	£	No.	£
Ordinary shares of £ 1 each	1,000	1,000	1,000	1,000
	-------	-------	-------	-------

11. Reserves

Share premium account - This reserve records the amount above the nominal value received for shares sold, less transaction costs. Profit and loss account - This reserve records retained earnings and accumulated losses.

12. Events after the End of the Reporting Period

On 25 September 2025, the company entered into a separate security agreement, in relation to the lending facilities, creating fixed and floating charges over its assets: - a debenture agreement with HSBC UK Bank PLC, acting as security agent, registered with Companies House on 25 September 2025. This floating charge covers all property or undertaking of the company and includes a negative pledge restricting further security creation over the company's assets. These transactions occurred after the reporting date and before the financial statements were authorised for issue, and have not resulted in any adjustments to the financial statements for the current year.

13. Controlling Party

The company was under the control of M Foster and P G Simpson until 3 March 2025 when the entire share capital was acquired by Kingdom Services Group Limited. Following the acquisition, the ultimate parent company is Kingdom Services Group Limited, a company incorporated in England and Wales and whose registered office is Kingdom House, Ashton Road, Newton Le-Willows, WA12 0HF. The largest and smallest group in which the results of the company are consolidated is that headed by Kingdom Services Group Limited. The consolidated financial statements are available to the public and may be obtained from Companies House. The directors consider the ultimate controlling party to be T Barton .