Company No: 13320426 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Investments	3	110		110
		110		110
Current assets
Debtors
- due within one year	4	0		196,000
- due after more than one year	4	196,000		0
		196,000		196,000
Creditors: amounts falling due within one year	5	0		( 10)
Net current assets		196,000		195,990
Total assets less current liabilities		196,110		196,100
Creditors: amounts falling due after more than one year	6	( 10)		0
Net assets		196,100		196,100
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		196,000		196,000
Total shareholders' funds		196,100		196,100

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of FCUP Holdings Ltd (registered number: 13320426) were approved and authorised for issue by the Director on 28 August 2026. They were signed on its behalf by:

G L Willingham Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

FCUP Holdings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Fixed asset investments

Investments in subsidiaries

	2026
	£
Cost
At 01 April 2025	110
At 31 March 2026	110
Carrying value at 31 March 2026	110
Carrying value at 31 March 2025	110

Investments in shares

Name of entity	Registered office	Principal activity	Class of shares	Ownership 31.03.2026	Ownership 31.03.2025
FC UP Sports Ltd	Towngate House, 2-8 Parkstone road, Poole, Dorset, BH15 2PW	Water sports retailer	Ordinary	100.00%	100.00%
FCUP Properties Ltd	Towngate House, 2-8 Parkstone Road, Poole, Dorset, BH15 2PW	Investment property	Ordinary	100.00%	100.00%

4. Debtors

	2026		2025
	£		£
Debtors: amounts falling due within one year
Amounts owed by Group undertakings	0		196,000
Debtors: amounts falling due after more than one year
Amounts owed by Group undertakings	196,000		0

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Amounts owed to Group undertakings	0		10

6. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Amounts owed to Group undertakings	10		0

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100