Fluid Acquisitions Ltd

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Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the directors on the preparation of the unaudited statutory accounts of Fluid Acquisitions Ltd for the year ended 30 November 2025

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Fluid Acquisitions Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Fluid Acquisitions Ltd , as a body, in accordance with the terms of our engagement letter dated 24/06/2025. Our work has been undertaken solely to prepare for your approval the accounts of Fluid Acquisitions Ltd and state those matters that we have agreed to state to the directors of Fluid Acquisitions Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fluid Acquisitions Ltd and its directors as a body for our work or for this report.

It is your duty to ensure that Fluid Acquisitions Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Fluid Acquisitions Ltd . You consider that Fluid Acquisitions Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Fluid Acquisitions Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

25th August 2026

Ascendis Accountants, Business & Tax Advisors Ltd

Chartered Certified Accountants, Taxation and Business Advisors

Unit 3, Building 2, The Colony Wilmslow

Altrincham Road

Wilmslow

SK9 4LY

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Fluid Acquisitions Ltd

Balance Sheet

As At 30 November 2025

Balance Sheet

Registered number: 13436943

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,255		1,161
Investment Properties	5		900,000		900,000

			901,255		901,161
CURRENT ASSETS
Debtors	6	744		744
Cash at bank and in hand		441		2,515

		1,185		3,259
Creditors: Amounts Falling Due Within One Year	7	(20,010 )		(20,010 )

NET CURRENT ASSETS (LIABILITIES)			(18,825 )		(16,751 )

TOTAL ASSETS LESS CURRENT LIABILITIES			882,430		884,410

Creditors: Amounts Falling Due After More Than One Year	8		(848,963 )		(848,963 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(8,332 )		(8,720 )

NET ASSETS			25,135		26,727

CAPITAL AND RESERVES
Called up share capital	11		100		100
Revaluation reserve - Non distributable	13		37,250		37,250
Profit and Loss Account			(12,215 )		(10,623 )

SHAREHOLDERS' FUNDS			25,135		26,727

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Fluid Acquisitions Ltd

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 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

Mr Duncan Gray

Director

25th August 2026

The notes on pages 4 to 6 form part of these financial statements.

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Fluid Acquisitions Ltd

Notes to the Financial Statements

For The Year Ended 30 November 2025

Notes to the Financial Statements

1. General Information

Fluid Acquisitions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13436943 . The registered office is Unit 3b, Arbour Court, Knowsley Industrial Park, Kirkby, Liverpool, L33 7XE.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rental property.

2.3. 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:

Fixtures & Fittings

25% Reducing Balance Method

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

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Fluid Acquisitions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 December 2024	2,429
Additions	429

As at 30 November 2025	2,858

Depreciation
As at 1 December 2024	1,268
Provided during the period	335

As at 30 November 2025	1,603

Net Book Value
As at 30 November 2025	1,255

As at 1 December 2024	1,161

5. Investment Property

	2025
	£
Fair Value
As at 1 December 2024 and 30 November 2025	900,000

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	744	744

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	19,652	19,652
Other creditors	358	358

	20,010	20,010

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	588,523	588,523
Amounts owed to participating interests	260,440	260,440

	848,963	848,963

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Fluid Acquisitions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

9. Secured Creditors

The loan is secured on the property to which it relates.

	2025		2024
	£		£
Bank loans and overdrafts	608,175		608,175

10. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 December 2024	8,720	8,720
Deferred taxation	(388 )	(388 )

Balance at 30 November 2025	8,332	8,332

11. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
37 Ordinary A shares of £ 1 each	37	37
43 Ordinary B shares of £ 1 each	43	43
20 Ordinary C shares of £ 1 each	20	20

	100	100

12. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 December 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 November 2025
	£	£	£	£	£
Miss Laura Woodall	674	-	-	-	674

The above loan is unsecured, interest free and repayable on demand.

13. Reserves

	Revaluation reserve - Non distributable	Profit and Loss Account
	£	£
As at 1 December 2024	37,250	(10,623 )
Loss for the year and total comprehensive income	-	(1,592 )

As at 30 November 2025	37,250	(12,215 )

14. Related Party Transactions

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.

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