REGISTERED NUMBER: 10136058 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

FACILITY REVIEW LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr M B Knipe

REGISTERED OFFICE:

Dartana

Forder

Saltash

Cornwall

PL12 4QR

REGISTERED NUMBER:

10136058 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

NatWest Bank Plc

12-16 Old Town Street

Plymouth

Devon

PL1 1DG

CURRENT ASSETS

Debtors

4

52,071

69,828

Cash at bank

636

8,913

52,707

78,741

CREDITORS

Amounts falling due within one year

5

38,616

48,240

NET CURRENT ASSETS

14,091

30,501

TOTAL ASSETS LESS CURRENT LIABILITIES

14,091

30,501

CREDITORS

Amounts falling due after more than one year

6

25,481

24,900

NET (LIABILITIES)/ASSETS

(11,390

)

5,601

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(11,490

)

5,501

SHAREHOLDERS' FUNDS

(11,390

)

5,601

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 August 2026 and were signed by:

Mr M B Knipe - Director

1.	STATUTORY INFORMATION

Facility Review 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Going concern

The company expects to meet its day to day working capital requirements by extending its creditor's terms.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - NIL ) .

4.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

31,526

60,836

Amounts recoverable on contract

1,000

1,000

Other debtors

-

327

Directors' current accounts

19,498

-

Prepayments

47

47

52,071

62,210

Amounts falling due after more than one year:

Tax

-

7,618

Aggregate amounts

52,071

69,828

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

12,538

12,300

Trade creditors

379

1,553

Tax

20,633

26,152

Social security and other taxes

1,948

10

Other creditors

521

521

Directors' current accounts

-

5,302

Accrued expenses

2,597

2,402

38,616

48,240

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 2-5 years

25,481

24,900

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

Mr M B Knipe

Balance outstanding at start of year

(5,302

)

23,441

Amounts advanced

67,477

104,913

Amounts repaid

(42,677

)

(133,656

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

19,498

(5,302

)

Loans are unsecured and repayable on demand. Interest is charged at 3.75% in the year on credit loan balances.

8.	GOVERNMENT BACK LOANS

The bounce back loan is 100% underwritten by the government as part of the covid support scheme.