REGISTERED NUMBER: 15830616 (England and Wales)

A F (MAINTENANCE) HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D R Churcher

K J W Weir

REGISTERED OFFICE:

Suite 6 Furzehall Farm

Wickham Road

Fareham

Hampshire

PO16 7JH

REGISTERED NUMBER:

15830616 (England and Wales)

FIXED ASSETS

Investments

4

7,889,990

-

CURRENT ASSETS

Cash in hand

10

10

TOTAL ASSETS LESS CURRENT LIABILITIES

7,890,000

10

CAPITAL AND RESERVES

Called up share capital

7,890,000

10

7,890,000

10

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 31 July 2026 and were signed on its behalf by:

K J W Weir - Director

1.	STATUTORY INFORMATION

A F (Maintenance) Holdings 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Where subsidiary undertakings are acquired as part of a group reconstruction or de-merger transaction and consideration is satisfied by the issue of the company's own shares, the investment is initially recognised at the fair value of the consideration given, being the nominal value of the shares issued.

The directors consider this value to represent the cost of the investment acquired. Investments are subsequently measured at cost less impairment. Impairment reviews are undertaken where events or changes in circumstances indicate that the carrying value of the investment may not be recoverable.

Financial assets

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

7,889,990

At 31 October 2025

7,889,990

NET BOOK VALUE

At 31 October 2025

7,889,990

During the year the company acquired the entire issued share capital of Airport Facilities (Maintenance) Limited as part of a group reorganisation. Consideration was satisfied through the issue of ordinary shares.

The investment was recognised at cost, being the value attributed to the shares issued in exchange for the subsidiary undertaking. The resulting investment is subsequently carried at cost less impairment.