REGISTERED NUMBER: 06554508 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

FLYING INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B.G. McInnes

M-B. Ashe

SECRETARY:

M-B. Ashe

REGISTERED OFFICE:

Puma Park

102-106 Scimitar Way

Coventry

CV3 4GB

REGISTERED NUMBER:

06554508 (England and Wales)

AUDITORS:

Dafferns Audit Limited

Chartered Accountants

Statutory Auditor

One Eastwood

Harry Weston Road

Binley Business Park

Coventry

CV3 2UB

BANKERS:

Lloyds Bank Plc

125 Colmore Row

Birmingham

B3 3SD

CURRENT ASSETS

Debtors

5

325,076

225,974

Investments

6

17,409,835

9,922,361

Cash at bank

99

680

17,735,010

10,149,015

CREDITORS

Amounts falling due within one year

7

111,775

186,634

NET CURRENT ASSETS

17,623,235

9,962,381

TOTAL ASSETS LESS CURRENT LIABILITIES

17,623,235

9,962,381

CREDITORS

Amounts falling due after more than one year

8

17,600,000

10,000,000

NET ASSETS/(LIABILITIES)

23,235

(37,619

)

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

23,234

(37,620

)

SHAREHOLDERS' FUNDS

23,235

(37,619

)

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 Board of Directors and authorised for issue on 22 May 2026 and were signed on its behalf by:

M-B. Ashe - Director

1.	STATUTORY INFORMATION

Flying Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

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.

Current asset investments

Current asset investments consist of corporate bonds and listed investments which are highly liquid and readily convertible to cash.

Corporate bonds are initially measured at their transaction price and subsequently carried at amortised cost.

Listed investments are initially measured and carried at fair value. Changes in fair value are recognised in profit or loss.

4.	EMPLOYEES AND DIRECTORS

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

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

167,125

115,793

Prepayments and accrued income

157,951

110,181

325,076

225,974

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

1,799,304

-

Corporate bonds

15,610,531

9,922,361

17,409,835

9,922,361

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

89,650

184,884

Taxation and social security

20,285

-

Other creditors

1,840

1,750

111,775

186,634

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

17,600,000

10,000,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

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

The Report of the Auditors was unqualified.

Geoffrey Cox BA FCA (Senior Statutory Auditor)

for and on behalf of Dafferns Audit Limited

11.	RELATED PARTY DISCLOSURES

Related party transactions with fellow subsidiaries and the holding company have not been disclosed as the company is a wholly-owned subsidiary and is included within the consolidated accounts of the group.

12.	ULTIMATE CONTROLLING PARTY

The Company is a wholly-owned subsidiary of Kite Packaging Group Holdings Limited (KPGH).

The registered office and principal place of business of KPGH is Puma Park, 102-106 Scimitar Way, Coventry, England, UK, CV3 4GB.