Company No: 16027692 (England and Wales)

Contents

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

DIRECTORS	D R Apsimon (Appointed 18 October 2024)
	D A Collins (Appointed 18 October 2024)
	S J Connew (Appointed 18 October 2024)

REGISTERED OFFICE	Droop Farm Droop
	Hazelbury Bryan
	Sturminster Newton
	DT10 2ED
	United Kingdom

COMPANY NUMBER

16027692 (England and Wales)

ACCOUNTANT	S&W Partners (Thames Valley) Limited
	22 Wycombe End
	Beaconsfield
	Buckinghamshire
	HP9 1NB

	Note	31.03.2026
		£
Current assets
Debtors	3	3,902
Cash at bank and in hand		26,848
		30,750
Creditors: amounts falling due within one year	4	( 750)
Net current assets		30,000
Total assets less current liabilities		30,000
Net assets		30,000
Capital and reserves
Called-up share capital	5	30,000
Total shareholders' funds		30,000

For the financial period ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge 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 FCE (GP 2) LIMITED (registered number: 16027692) were approved and authorised for issue by the Board of Directors on 15 June 2026. They were signed on its behalf by:

D A Collins Director

1. Accounting policies

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

General information and basis of accounting

FCE (GP 2) LIMITED (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 Droop Farm Droop, Hazelbury Bryan, Sturminster Newton, DT10 2ED, 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 ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of FCE (GP 2) LIMITED is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

The company was incorporated on the 18th October 2024 and began incurring costs to be recharged on the 25th February 2025. This is company's first set of financial statements.

Reporting period length

The reporting period is longer than 12 months due to being incorporated on the 18th October 2024.

Other Income

Administration costs relating to Frank Collins Estate PFLP Limited Partnership are recharged to the partnership.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

2. Employees

	Period from 18.10.2024 to 31.03.2026
	Number
Monthly average number of persons employed by the Company during the period, including directors	3

3. Debtors

	31.03.2026
	£
Amounts owed by related parties	3,062
Other debtors	840
	3,902

4. Creditors: amounts falling due within one year

	31.03.2026
	£
Other creditors	750

5. Called-up share capital

	31.03.2026
	£
Allotted, called-up and fully-paid
30,000 Ordinary shares of £ 1.00 each	30,000

6. Related party transactions

During the period, the company recharged administration fees of £61,228 to Frank Collins Estate PFLP Limited Partnership, whose assets are held in trust by FCE (GP) Limited, a company under common control.

At the balance sheet date, the company was owed £3,062 from Frank Collins Estate PFLP Limited Partnership.