REGISTERED NUMBER: 04116571 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

FTFPARTNERS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Arya

D Frankfort

B Arya

SECRETARY:

A Arya

REGISTERED OFFICE:

20 Harcourt Street

London

W1H 4HG

REGISTERED NUMBER:

04116571 (England and Wales)

AUDITORS:

William Evans & Partners

20 Harcourt Street

London

W1H 4HG

FIXED ASSETS

Tangible assets

4

2,011

3,385

CURRENT ASSETS

Debtors

5

2,759,280

2,425,471

Cash at bank

491,647

284,299

3,250,927

2,709,770

CREDITORS

Amounts falling due within one year

6

(2,463,597

)

(1,710,577

)

NET CURRENT ASSETS

787,330

999,193

TOTAL ASSETS LESS CURRENT LIABILITIES

789,341

1,002,578

CAPITAL AND RESERVES

Called up share capital

60,000

60,000

Retained earnings

9

729,341

942,578

SHAREHOLDERS' FUNDS

789,341

1,002,578

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 6 August 2026 and were signed on its behalf by:

A Arya - Director

1.	STATUTORY INFORMATION

FTFpartners 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.

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods provided in the normal normal course of business, net of discounts and value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost and 20% on cost

Taxation

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

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date and are solely in connection with the companies trade. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The company is supported by loan finance for provision of working capital, During 2025 the company has agreed loan facilities with its bankers, Clydesdale Bank Plc, for the provision of trade finance. This facility expires on 28th October 2026 but the Directors see no reason why this facility should not be renewed. The Directors considers that this facility will enable the company to continue to trade after its normal pattern. . Consequently the financial statements have been prepared on the going concern basis on the assumption that the company will be able to carry on business as a going concern for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

40,390

DEPRECIATION

At 1 January 2025

37,005

Charge for year

1,374

At 31 December 2025

38,379

NET BOOK VALUE

At 31 December 2025

2,011

At 31 December 2024

3,385

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,752,370

2,418,582

Other debtors

6,910

6,889

2,759,280

2,425,471

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 7)

118,816

75,000

Trade creditors

1,797,280

1,249,924

Taxation and social security

249,991

148,790

Other creditors

297,510

236,863

2,463,597

1,710,577

7.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans repayable within

one year

118,816

75,000

Other loans

-

191,127

118,816

266,127

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

118,816

75,000

The company's bankers hold a fixed and floating charge over all of the assets of the company in respect of any sums due to them in respect of loans or otherwise.

9.

RESERVES

Retained

earnings

£

At 1 January 2025

942,578

Profit for the year

411,763

Dividends

(625,000

)

At 31 December 2025

729,341

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Sanjay Gosar Shah (Senior Statutory Auditor)

for and on behalf of William Evans & Partners

11.	OTHER FINANCIAL COMMITMENTS

The company has a rental obligation as follows:

Expiring within 2-5 Years:

£13,446 per annum

12.	RELATED PARTY DISCLOSURES

B Arya, A Arya and D H Frankfort, who are directors of this company, have received dividends in their capacity as shareholders in the year as follows: B Arya : £187,500 ( 2024: £256,500); A Arya £187,500 ( 2024: £256,500); and DH Frankfort £250,000 ( 2024: £342,000).

During the year the directors have made loans to the company and at 31st December 2025 were owed the following balances: A Arya: £110,601 ( 2024: £9,917); D Frankfort £3,031 (2024: £326); B Arya £170,437: (2024: £9,957).

Two of the directors have given guarantees to the company's bankers in the following sums: A Arya: £390,000; D Frankfort: £260,000.

13.	ULTIMATE CONTROLLING PARTY

B Arya and A Arya, who are connected persons, are the owners of 60% of the issued shares and are therefore the ultimate controlling parties.