Five Directions Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07958813

Five Directions Limited

Filleted Financial Statements

30 June 2025

Five Directions Limited

Statement of Financial Position

30 June 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4		6,143,621	6,143,621

Current assets

Stocks		70,378	49,246
Debtors	5	627,122	606,499
Cash at bank and in hand		2,019	4,909
		---------	---------
		699,519	660,654

Creditors: amounts falling due within one year	6	( 71,466)		( 25,727)
		---------		---------
Net current assets			628,053	634,927
			------------	------------
Total assets less current liabilities			6,771,674	6,778,548

Provisions

Taxation including deferred tax	( 1,163,385)	( 1,163,385)
	------------	------------
Net assets	5,608,289	5,615,163
	------------	------------

Capital and reserves

Called up share capital	1	1
Profit and loss account	5,608,288	5,615,162
	------------	------------
Shareholder funds	5,608,289	5,615,163
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 11 June 2026 , and are signed on behalf of the board by:

Mr J S Brent
Director

Company registration number: 07958813

Five Directions Limited

Notes to the Financial Statements

Year ended 30 June 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Balliol House, Southernhay Gardens, Exeter, EX1 1NP, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of 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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The accounts have been prepared on a going concern basis and the directors consider this to be appropriate.

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 Natatomisam Limited, which can be obtained from its Registered Office. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented. (c) No disclosure has been given for the aggregate remuneration of key management personnel.

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. No such judgements or estimates are deemed to have a material impact on the figures as presented.

Income tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

4. Tangible assets

	Land and buildings
	£
Cost
At 1 July 2024 and 30 June 2025	6,143,621
	------------
Depreciation
At 1 July 2024 and 30 June 2025	–
	------------
Carrying amount
At 30 June 2025	6,143,621
	------------
At 30 June 2024	6,143,621
	------------

Tangible assets held at valuation

Land and buildings includes an investment property and an interest in a land development. Tangible assets held at valuation: The investment property has been included at revalued cost of £5,661,740 (2024: £5,661,740). Deferred taxation of £1,163,385 (2024: £1,163,385) has been provided on the revalued cost.

5. Debtors

	2025	2024
	£	£
Trade debtors	898	–
Amounts owed by group undertakings and undertakings in which the company has a participating interest	615,451	606,499
Other debtors	10,773	–
	---------	---------
	627,122	606,499
	---------	---------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	–	25,067
Amounts owed to group undertakings and undertakings in which the company has a participating interest	70,378	–
Social security and other taxes	–	300
Other creditors	1,088	360
	--------	--------
	71,466	25,727
	--------	--------

7. Summary audit opinion

The auditor's report dated 23 June 2026 was unqualified .

The senior statutory auditor was Stewart Jell , for and on behalf of Moore Kingston Smith LLP .

8. Related party transactions

There were no with related parties were undertaken such as are required to be disclosed under FRS 102.

9. Controlling party

The company was under the control of the immediate parent, Natatomisam Ltd, throughout the current and previous year. The registered office of the parent, Natatomisam Ltd, is Balliol House, Southernhay Gardens, Exeter, Devon, EX1 1NP. The ultimate controlling parties are J S Brent and N H Brent by virtue of their individual shareholdings therein.