Franklin Fitch Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 07728730

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		59,209		62,903

			59,209		62,903
CURRENT ASSETS
Debtors	6	1,929,236		2,165,288
Cash at bank and in hand		217,848		237,310

		2,147,084		2,402,598
Creditors: Amounts Falling Due Within One Year	7	(328,867 )		(454,562 )

NET CURRENT ASSETS (LIABILITIES)			1,818,217		1,948,036

TOTAL ASSETS LESS CURRENT LIABILITIES			1,877,426		2,010,939

NET ASSETS			1,877,426		2,010,939

CAPITAL AND RESERVES
Called up share capital	8		90		1
Profit and Loss Account			1,877,336		2,010,938

SHAREHOLDERS' FUNDS			1,877,426		2,010,939

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Franklin Fitch 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

Mr David Annable

Director

01/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Franklin Fitch Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07728730 . The registered office is 1 Pickle Mews, London, SW9 0FJ.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are website costs. It is amortised to profit and loss account over its estimated economic life of 3 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	Straight line over 5 years
Computer Equipment	Straight line over 5 years

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. 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 year 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 31 (2024: 33)

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Franklin Fitch Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 December 2024	20,920

As at 30 November 2025	20,920

Amortisation
As at 1 December 2024	20,920

As at 30 November 2025	20,920

Net Book Value
As at 30 November 2025	-

As at 1 December 2024	-

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 December 2024	139,553	124,955	264,508
Additions	2,891	19,389	22,280

As at 30 November 2025	142,444	144,344	286,788

Depreciation
As at 1 December 2024	113,774	87,831	201,605
Provided during the period	10,190	15,784	25,974

As at 30 November 2025	123,964	103,615	227,579

Net Book Value
As at 30 November 2025	18,480	40,729	59,209

As at 1 December 2024	25,779	37,124	62,903

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	42,870	56,828
Prepayments and accrued income	251,339	299,257
Other debtors	38,474	162,990
Amounts owed by related parties	145,557	139,513

	478,240	658,588
Due after more than one year
Amounts owed by related parties after 1 year	1,450,996	1,506,700

	1,929,236	2,165,288

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Franklin Fitch Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	144,505	200,785
Corporation tax	-	101,585
Other taxes and social security	33,178	20,248
VAT	20,471	22,882
Net wages	-	1,544
Pension Payable	2,654	-
Other creditors - ITSC GmbH	158	-
Accruals and deferred income	127,901	107,518

	328,867	454,562

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	90	1

9. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	305,761	282,409
Later than one year and not later than five years	1,818,449	1,163,455

	2,124,210	1,445,864

10. Related Party Transactions

The company is part of a group of companies under common control.

During the year, the company had transactions with the following related parties:

• Ovalwood Limited

• Franklin Fitch Recruitment Limited

• Franklin Fitch Inc

• Franklin Fitch GmbH

• Franklin Fitch Recruitment Contract Limited

• Epcot Properties Limited

The company enters into transactions with related parties in respect of recharges of central overheads, including payroll, shared staff costs and other administrative expenses, and management charges.

At the year end, the company had the following balances with related parties:

Amounts owed by related parties (due within one year):

• Franklin Fitch Recruitment Limited – £51,950 (2024: £37,095)

• Franklin Fitch Recruitment Contract Limited – £6,426 (2024: £19,440)

• Franklin Fitch Inc – £20,166 (2024: £15,905)

• Ovalwood Limited – £56 (2024: £114)

• Franklin Fitch GmbH – £21,354 (2024: £21,354)

• Epcot Properties Limited – £40,500 (2024: £45,604)

These balances are unsecured, interest-free and repayable on demand.

...CONTINUED

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Franklin Fitch Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

10. Related Party Transactions - continued

Amounts owed by related parties (due after more than one year):

• Epcot Properties Limited – £1,456,100 (2024: £1,506,700)

The balance with Epcot Properties Limited represents a loan receivable. The loan is governed by a mortgage agreement dated October 2023, is interest bearing at 2.7% per annum payable monthly in arrears and is repayable in full after 25 years. The loan is secured by a first legal charge over a residential property located at 70 Cathedral Road, Cardiff, CF11 9LL.

During the year, interest of £40,500 (2024: £45,604) was recognised in respect of this loan.

Dividends of £100,000 (2024: £150,000) were paid to the director, Mr David Annable, during the year.

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