REGISTERED NUMBER: 03818314 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

FILEX ARCHIVE CONSULTANTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R E Bettis

Mrs K K Bettis

R W Bettis

Mrs K R Hill

REGISTERED OFFICE:

61 Station Road

Sudbury

Suffolk

CO10 2SP

REGISTERED NUMBER:

03818314 (England and Wales)

ACCOUNTANTS:

Seago and Stopps

Chartered Certified Accountants

61 Station Road

Sudbury

Suffolk

CO10 2SP

FIXED ASSETS

-

Tangible assets

4

228,109

861,520

Investments

5

861,520

4,426,970

Investment property

6

4,500,000

5,288,490

5,589,629

CURRENT ASSETS

14,321

Debtors

7

3,560

47,008

Cash at bank

61,976

61,329

65,536

CREDITORS

108,377

Amounts falling due within one year

8

206,759

(47,048

)

NET CURRENT LIABILITIES

(141,223

)

5,241,442

TOTAL ASSETS LESS CURRENT LIABILITIES

5,448,406

CREDITORS

(4,330,079

)

Amounts falling due after more than one year

9

(4,072,080

)

-

PROVISIONS FOR LIABILITIES

(69,159

)

911,363

NET ASSETS

1,307,167

CAPITAL AND RESERVES

100

Called up share capital

100

-

Fair value reserve

11

232,678

911,263

Retained earnings

1,074,389

911,363

SHAREHOLDERS' FUNDS

1,307,167

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 24 July 2026 and were signed on its behalf by:

Mrs K R Hill - Director

1.	STATUTORY INFORMATION

Filex Archive Consultants 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.	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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the invoiced value of commercial rents and charges made during the year and the movement between opening and closing trade debtor balances.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value are recognised in the profit and loss account.

Financial instruments

The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

Reclassification/transfer

237,207

At 31 December 2025

237,207

DEPRECIATION

Charge for year

9,098

At 31 December 2025

9,098

NET BOOK VALUE

At 31 December 2025

228,109

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

861,520

NET BOOK VALUE

At 31 December 2025

861,520

At 31 December 2024

861,520

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

4,426,970

Revaluations

310,237

Reclassification/transfer

(237,207

)

At 31 December 2025

4,500,000

NET BOOK VALUE

At 31 December 2025

4,500,000

At 31 December 2024

4,426,970

Fair value at 31 December 2025 is represented by:

£

Valuation in 2025

310,237

Cost

4,189,763

4,500,000

If investment property had not been revalued it would have been included at the following historical cost:

31.12.25

31.12.24

£

£

Cost

4,189,763

4,426,970

Investment property was valued on an open market basis on 31 December 2025 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

3,560

10,368

Other debtors

-

3,953

3,560

14,321

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

90,000

90,000

Taxation and social security

27,535

7,402

Other creditors

89,224

10,975

206,759

108,377

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

870,000

960,000

Other creditors

3,202,080

3,370,079

4,072,080

4,330,079

10.	SECURED DEBTS

The Royal Bank of Scotland PLC holds two charges over the property and assets of the company.

11.

RESERVES

Included within reserves is a fair value reserve, which has been created through the process of revaluing the investment property held to its open market value each year. The reserve is also adjusted annually for any movements in deferred tax.

In accordance with FRS102, the fair value reserve is a 'non-distributable' reserve and is separately disclosed in the balance sheet.