Company registration number 16064192 (England and Wales)
FOLDIES MCR LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
FOLDIES MCR LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
FOLDIES MCR LTD
BALANCE SHEET
AS AT
30 NOVEMBER 2025
30 November 2025
- 1 -
2025
Notes
£
£
Fixed assets
Tangible assets
4
23,540
Current assets
Stocks
7,500
Debtors
5
15,432
Cash at bank and in hand
7,502
30,434
Creditors: amounts falling due within one year
6
(258,012)
Net current liabilities
(227,578)
Net liabilities
(204,038)
Capital and reserves
Called up share capital
100
Profit and loss reserves
(204,138)
Total equity
(204,038)

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 3 August 2026 and are signed on its behalf by:
Mr S J Stockton-King
Director
Company registration number 16064192 (England and Wales)
FOLDIES MCR LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 2 -
1
Accounting policies
Company information

Foldies Mcr Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 39 Booth Street, Manchester, M2 4AA.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard 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 a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The company was incorporated on 6 November 2024 and the first year consisted of some initial set up costs. At the balance sheet date, the company had n et liabilities of £204,038. The directors have confirmed they will continue to support the business and there will be support from connected companies so due to this, the accounts have been prepared on a going concern basis.

1.3
Revenue

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
5 years straight line
Computers
3 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

FOLDIES MCR LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 3 -
1.6
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

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 instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors 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 financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

FOLDIES MCR LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.9
Equity instruments

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

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
Number
Total
11
FOLDIES MCR LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 5 -
4
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 6 November 2024
-
0
-
0
-
0
Additions
26,759
2,036
28,795
At 30 November 2025
26,759
2,036
28,795
Depreciation and impairment
At 6 November 2024
-
0
-
0
-
0
Depreciation charged in the year
5,042
213
5,255
At 30 November 2025
5,042
213
5,255
Carrying amount
At 30 November 2025
21,717
1,823
23,540
5
Debtors
2025
Amounts falling due within one year:
£
Trade debtors
1,862
Other debtors
13,570
15,432
6
Creditors: amounts falling due within one year
2025
£
Trade creditors
18,029
Taxation and social security
26,168
Other creditors
213,815
258,012
7
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
£
Total commitments
293,834
FOLDIES MCR LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
7
Operating lease commitments
(Continued)
- 6 -

The lease is in the name of SJ Leisure (NW) Ltd, a company under common control.

8
Related party transactions

At the balance sheet date, a loan of £9,970 was due from Destination Dining Ltd, a company under common ownership. This loan bears a nil interest rate and is repayable on demand.

At the balance sheet date, a loan of £20,612 was owed to SJ Leisure (NW) Ltd, a company under common ownership. This loan bears a nil interest rate and is repayable on demand.

At the balance sheet date, a loan of £10,000 was owed to Brewski South Yorkshire Ltd, a company under common ownership. This loan bears a nil interest rate and is repayable on demand.

At the balance sheet date, a loan of £1 51,035 was owed to Brewski Manchester Ltd, a company under common ownership. This loan bears a nil interest rate and is repayable on demand.

At the balance sheet date, a loan of £10,000 was owed to Brewski Chester Ltd, a company under common ownership. This loan bears a nil interest rate and is repayable on demand.

9
Parent company

The parent company is Foldies UK Ltd, their registered office is 39 Booth Street, Manchester, England, M24AA.

2025-11-30 2024-11-06 false false false 03 August 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr J Daly Mr S J Stockton-King 16064192 2024-11-06 2025-11-30 16064192 2025-11-30 16064192 core:FurnitureFittings 2025-11-30 16064192 core:ComputerEquipment 2025-11-30 16064192 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 16064192 core:CurrentFinancialInstruments 2025-11-30 16064192 core:ShareCapital 2025-11-30 16064192 core:RetainedEarningsAccumulatedLosses 2025-11-30 16064192 bus:Director2 2024-11-06 2025-11-30 16064192 core:FurnitureFittings 2024-11-06 2025-11-30 16064192 core:ComputerEquipment 2024-11-06 2025-11-30 16064192 core:FurnitureFittings 2024-11-05 16064192 core:ComputerEquipment 2024-11-05 16064192 2024-11-05 16064192 bus:PrivateLimitedCompanyLtd 2024-11-06 2025-11-30 16064192 bus:SmallCompaniesRegimeForAccounts 2024-11-06 2025-11-30 16064192 bus:FRS102 2024-11-06 2025-11-30 16064192 bus:AuditExemptWithAccountantsReport 2024-11-06 2025-11-30 16064192 bus:Director1 2024-11-06 2025-11-30 16064192 bus:FullAccounts 2024-11-06 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP