FFNW LIMITED


Directors	FALLON, Anthony Liam
	NEWELL, Joseph Peter
	WALKER, Ross


Registered Address	17 Wigginton Road
	Tamworth
	B79 8RH


Registered Number	11028219 (England and Wales)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		35,319		-
Tangible assets	4		257,550		255,000
			292,869		255,000
Current assets
Debtors		2,770		3,115
Cash at bank and on hand		7,302		39,158
		10,072		42,273
Creditors amounts falling due within one year		(112,461)		(115,615)
Net current assets (liabilities)			(102,389)		(73,342)
Total assets less current liabilities			190,480		181,658
Creditors amounts falling due after one year	5		(188,810)		(188,810)
Provisions for liabilities			(1,544)		(1,060)
Net assets			126		(8,212)
Capital and reserves
Called up share capital			100		100
Revaluation reserve			6,584		4,519
Profit and loss account			(6,558)		(12,831)
Shareholders' funds			126		(8,212)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 28 July 2026, and are signed on its behalf by:

FALLON, Anthony Liam
Director

NEWELL, Joseph Peter
Director

WALKER, Ross
Director

Registered Company No. 11028219

FFNW LIMITED

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Rental income is recognised in the period to which it relates.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Intangible assets

		Total
		£
	Cost or valuation
	Additions	35,319
	At 31 October 25	35,319
	Net book value
	At 31 October 25	35,319
	At 31 October 24	-

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 November 24	255,000
	Revaluations	2,550
	At 31 October 25	257,550
	Net book value
	At 31 October 25	257,550
	At 31 October 24	255,000


	The value of the properties is considered by the directors to be an accurate representation of the fair value at 31 October 2025.

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	188,810	188,810
Total	188,810	188,810


	The bank loans are secured by fixed charges over the properties owned by the company.