REGISTERED NUMBER: 03164227 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

FIELDFARE INTERNATIONAL ECOLOGICAL

DEVELOPMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N S Goriup

P D Goriup

A M G Darby OBE

R Crofts CBE

C J M Hardie

J W Spencer

REGISTERED OFFICE:

2c Votec Centre

Hambridge Lane

Newbury

Berks

RG14 5TN

REGISTERED NUMBER:

03164227 (England and Wales)

ACCOUNTANTS:

C B Heslop & Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

FIXED ASSETS

Investments

4

9,148

9,148

CURRENT ASSETS

Debtors

5

415,580

462,185

Cash in hand

991

10

416,571

462,195

CREDITORS

Amounts falling due within one year

6

249,092

396,041

NET CURRENT ASSETS

167,479

66,154

TOTAL ASSETS LESS CURRENT LIABILITIES

176,627

75,302

CAPITAL AND RESERVES

Called up share capital

7

193,869

193,869

Capital redemption reserve

8

126,871

126,871

Retained earnings

8

(144,113

)

(245,438

)

SHAREHOLDERS' FUNDS

176,627

75,302

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2026 and were signed on its behalf by:

P D Goriup - Director

N S Goriup - Director

1.	STATUTORY INFORMATION

Fieldfare International Ecological Development 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 General 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.

The accounts have been prepared under the historical cost convention and in accordance with applicable law and accounting standards.

Turnover

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

9,148

NET BOOK VALUE

At 31 December 2025

9,148

At 31 December 2024

9,148

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Salix Ltd

Registered office: 8 October Street,Vylkove, Kilia district, Odessa Region 65029, Ukraine.

Nature of business: Environmental education and conservation.

%

Class of shares:

holding

Ordinary

94.00

31.12.25

31.12.24

£

£

Aggregate capital and reserves

(70

)

(70

)

Loss for the year

(1,654

)

(1,654

)

Biofare Investments Ltd

Registered office: 2c Votec Centre,Hambridge Lane, Newbury, Berkshire, RG14 5TN.

Nature of business: Reed Pellet Manufacture

%

Class of shares:

holding

Ordinary

67.00

31.12.25

31.12.24

£

£

Aggregate capital and reserves

(541,575

)

(541,575

)

5.

DEBTORS

31.12.25

31.12.24

£

£

Amounts falling due within one year:

Amounts owed by group undertakings

61,520

61,520

Other debtors

-

46,605

61,520

108,125

Amounts falling due after more than one year:

Other debtors

354,060

354,060

Aggregate amounts

415,580

462,185

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Amounts owed to group undertakings

7,875

7,875

Social security and other taxes

900

240

VAT

13,037

6,354

Other creditors

167,760

312,051

Project Loan

59,070

59,070

Accrued expenses

450

10,451

249,092

396,041

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

193,869

Ordinary

£1

193,869

193,869

8.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 January 2025

(245,438

)

126,871

(118,567

)

Profit for the year

101,325

-

101,325

At 31 December 2025

(144,113

)

126,871

(17,242

)

9.	CONTINGENT LIABILITIES

There were no contingent liabilities at 31st December 2025 or at 31st December 2024.

10.	ULTIMATE CONTROLLING PARTY

No single party has overall control of the Group of Companies