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Registered number: 12402040
Family Adventures Group Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Family Adventures Group Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—7

Page 1
Family Adventures Group Ltd
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 12402040

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 35,849 |  | -
Tangible Assets | 5 |  | 32,350 |  | 27,371
Investments | 6 |  | 5,786,527 |  | 214,091
|  |  | 5,854,726 |  | 241,462
CURRENT ASSETS
Debtors | 7 | 3,338,793 |  | 3,293,151 |
Cash at bank and in hand |  | 313 |  | 929,371 |
|  | 3,339,106 |  | 4,222,522 |
Creditors: Amounts Falling Due Within One Year | 8 | (784,333 ) |  | (279,657 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 2,554,773 |  | 3,942,865
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 8,409,499 |  | 4,184,327
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (7,476,715 ) |  | (2,133,469 )
NET ASSETS |  |  | 932,784 |  | 2,050,858
CAPITAL AND RESERVES
Called up share capital | 10 |  | 380 |  | 251
Share premium account |  |  | 3,815,968 |  | 3,094,548
Profit and Loss Account |  |  | (2,883,564 ) |  | (1,043,941 )
SHAREHOLDERS' FUNDS |  |  | 932,784 |  | 2,050,858

Page 1
Page 2
Family Adventures Group Ltd
Balance Sheet (continued)
As At 31 December 2025
For the year ending 31 December 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

P R Ruxton Director
26th March 2026

The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Family Adventures Group Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Family Adventures Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12402040 . The registered office is Family Adventures Group Limited, Wells Road, Wedmore, Somerset, BS28 4SA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have assessed the Company's ability to operate as a going concern for at least 12 months from the date of signing the financial statements. The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. Accordingly, they believe that it remains appropriate to continue to adopt the going concern basis in preparing the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the ocntract when all the following conditions are satisfied:

- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are comprised of amounts spent on the development of software for the internal use of the group. It is amortised to the profit and loss account over its estimated economic life of 5 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold | 15 years
Fixtures & Fittings | 7 years
Computer Equipment | 4 years

2.6. Taxation
Tax is recognised in profit lor loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognsied in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
2.7. Interest income
Interest income is recognised to profit or loss using the effective interest method.
2.8. Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
Page 3
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Family Adventures Group Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.9. Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 19 (2024: 16)
19 16
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 January 2025 | -
Additions | 39,861
As at 31 December 2025 | 39,861
Amortisation
As at 1 January 2025 | -
Provided during the period | 4,012
As at 31 December 2025 | 4,012
Net Book Value
As at 31 December 2025 | 35,849
As at 1 January 2025 | -

5. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £
Cost
As at 1 January 2025 | - | 14,310 | 18,072 | 32,382
Additions | 3,199 | - | 9,361 | 12,560
As at 31 December 2025 | 3,199 | 14,310 | 27,433 | 44,942
Depreciation
As at 1 January 2025 | - | 1,998 | 3,013 | 5,011
Provided during the period | 161 | 1,750 | 5,670 | 7,581
As at 31 December 2025 | 161 | 3,748 | 8,683 | 12,592
Net Book Value
As at 31 December 2025 | 3,038 | 10,562 | 18,750 | 32,350
As at 1 January 2025 | - | 12,312 | 15,059 | 27,371

Page 4
Page 5
Family Adventures Group Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
6. Investments

| Subsidiaries
--- | ---
| £
Cost or Valuation
As at 1 January 2025 | 214,091
Additions | 5,572,436
As at 31 December 2025 | 5,786,527
Provision
As at 1 January 2025 | -
As at 31 December 2025 | -
Net Book Value
As at 31 December 2025 | 5,786,527
As at 1 January 2025 | 214,091

On 06 March 2025, Family Adventures Group Limited purchased 100% of the share capital of The Green Giraffe Day Nursery Limited, being £2.00, via a share purchase.
Subsidiary undertakings

Name | Registered Office | Class of Shares | Holding | PY Holding
Ocean Adventurers Limited | Family Adventures Group Wells Road Latcham Wedmore BS28 4SA | Ordinary | 100% | 100%
Little Town Adventures Limited | Family Adventures Group Wells Road Latcham Wedmore BS28 4SA | Ordinary | 100% | 100%
Little Adventures Nurseries Limited | Family Adventures Group Wells Road Latcham Wedmore BS28 4SA | Ordinary | 100% | 100%
The Green Giraffe Day Nursery Limited | Green Giraffe Day Nursery 2 Cathedral Road, Pontcanna, Cardiff, CF11 9LJ | Ordinary | 100% | 0%

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Amounts owed by group undertakings | 3,019,135 |  | 3,223,301
Other debtors | 319,658 |  | 69,850
| 3,338,793 |  | 3,293,151

Amounts owed by group undertakings are unsecured, interest free and considered repayable on demand.
Included in Other debtors is unpaid share capital in respect of C1 and C2 class shares.
Page 5
Page 6
Family Adventures Group Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 108,843 |  | 28,232
Bank loans and overdrafts | 510,451 |  | 7,425
Other creditors | 62,837 |  | 89,508
Taxation and social security | 102,202 |  | 154,492
| 784,333 |  | 279,657

Amounts owed to group undertakings and unsecured, interest free and considered repayable on demand.
In August 2020, the Company took out a £50,000 Bounce Back Loan which accrues interest at 2.5% per annum over 10 years. The loan is secured by a Government backed guarantee.
9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 24,106 |  | 30,306
Other loans | 5,131,110 |  | -
Other creditors | 2,321,499 |  | 2,103,163
| 7,476,715 |  | 2,133,469

In August 2020, the Company took out a £50,000 Bounce Back Loan which accrues interest at 2.5% per annum over 10 years. The loan is secured by a Government backed guarantee.
Other loans consists of £4,725,000 of fixed rate secured loan notes owed to Foresight Regional Investment VII LP. The loan notes accrue an interest rate of 10% per annum over 5 years. The full balance of these loan notes are payable in more than one year as payments of the interest start after the 3rd anniversary of the issue date, being March 2025.
Other creditors consists of dividends owed to preference shareholders. The full balance of these dividends is due in more than one year as payments start on the 3rd anniversary of the issue date January 2024.
10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Called Up Share Capital not Paid | 146,549 |  | -
Called Up Share Capital has been paid up | (146,169) |  | 251
Amount of Allotted, Called Up Share Capital | 380 |  | 251

On 06 March 2025 Family Adventures Group issued 94,432 Ordinary A shares of £0.001 each for consideration of £525,000 and Ordinary B shares of £0.001 each for consideration of £50,000.
On 27 May 2025 Family Adventures Group issued 20,195 Ordinary C1 shares of £0.001 each for consideration of £87,040 and issued 13,807 Ordinary C2 shares of £0.001 each for consideration of £59,508.17.
PP ordinary shares attract a fixed non-cumulative cash preferential divided at an annual rate of 10% of the issue price per PP Ordinary Share, paid in quarterly instalments on each year from 2027 onwards.
Any available profits of the Company after the payment of the PP dividend shall be distributed to A, B, C1 and C2 Ordinary shareholders.
11. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £6,611 (PY £7,995) were due to the fund. They are included in Other Creditors.
12. Post Balance Sheet Events
No Post balance sheet events require to be reported.
Page 6
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Family Adventures Group Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
13. Related Party Transactions
Related party transactions conducted under normal market conditions have not been disclosed in accordance with Section 1A of FRS 102.
Page 7