REGISTERED NUMBER: 13851544 (England and Wales)

FPS (BATH) LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

K T Paradise

REGISTERED OFFICE:

1 Abacus House

Newlands Road

Corsham

Wiltshire

SN13 0BH

REGISTERED NUMBER:

13851544 (England and Wales)

ACCOUNTANT:

Clear Vision Accountancy Limited

1 Abacus House

Newlands Road

Corsham

Wiltshire

SN13 0BH

FIXED ASSETS

Tangible assets

4

715,542

418,123

CURRENT ASSETS

Debtors

5

273,716

98,530

Cash at bank

43,916

17,395

317,632

115,925

CREDITORS

Amounts falling due within one year

6

350,147

307,519

NET CURRENT LIABILITIES

(32,515

)

(191,594

)

TOTAL ASSETS LESS CURRENT LIABILITIES

683,027

226,529

CREDITORS

Amounts falling due after more than one year

7

(141,234

)

(93,755

)

PROVISIONS FOR LIABILITIES

(87,238

)

(16,707

)

NET ASSETS

454,555

116,067

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

454,552

116,064

454,555

116,067

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 director and authorised for issue on 8 July 2026 and were signed by:

K T Paradise - Director

1.	STATUTORY INFORMATION

FPS (Bath) Ltd 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The director has assessed whether the company is a going concern and has considered all available information about the future and is confident of the company's ability to continue as a going concern.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2025 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 February 2025

-

410,849

1,845

Additions

7,880

293,829

2,085

Disposals

-

-

-

At 31 January 2026

7,880

704,678

3,930

DEPRECIATION

At 1 February 2025

-

106,392

458

Charge for year

42

72,365

420

At 31 January 2026

42

178,757

878

NET BOOK VALUE

At 31 January 2026

7,838

525,921

3,052

At 31 January 2025

-

304,457

1,387

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 February 2025

145,193

299

558,186

Additions

128,411

1,349

433,554

Disposals

(25,990

)

-

(25,990

)

At 31 January 2026

247,614

1,648

965,750

DEPRECIATION

At 1 February 2025

33,133

80

140,063

Charge for year

37,020

298

110,145

At 31 January 2026

70,153

378

250,208

NET BOOK VALUE

At 31 January 2026

177,461

1,270

715,542

At 31 January 2025

112,060

219

418,123

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 February 2025

18,791

143,787

162,578

Additions

-

128,411

128,411

Disposals

-

(25,990

)

(25,990

)

At 31 January 2026

18,791

246,208

264,999

DEPRECIATION

At 1 February 2025

1,860

33,074

34,934

Charge for year

2,539

36,684

39,223

At 31 January 2026

4,399

69,758

74,157

NET BOOK VALUE

At 31 January 2026

14,392

176,450

190,842

At 31 January 2025

16,931

110,713

127,644

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

£

Trade debtors

218,674

73,698

Other debtors

55,042

24,832

273,716

98,530

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

£

Bank loans and overdrafts

1,636

6,509

Hire purchase contracts

48,822

36,820

Trade creditors

105,819

70,887

Taxation and social security

65,552

-

Other creditors

128,318

193,303

350,147

307,519

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/1/26

31/1/25

£

£

Bank loans

-

6,667

Hire purchase contracts

141,234

87,088

141,234

93,755