Company No: 07423384 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	681,195		697,795
Investments	4	2,273,528		2,273,528
		2,954,723		2,971,323
Current assets
Debtors	5	222,513		223,770
Cash at bank and in hand		11,051		10,106
		233,564		233,876
Creditors: amounts falling due within one year	6	( 54,785)		( 52,172)
Net current assets		178,779		181,704
Total assets less current liabilities		3,133,502		3,153,027
Creditors: amounts falling due after more than one year	7	( 198,757)		( 226,707)
Net assets		2,934,745		2,926,320
Capital and reserves
Called-up share capital		50		50
Share premium account		1,139,949		1,139,949
Profit and loss account		1,794,746		1,786,321
Total shareholders' funds		2,934,745		2,926,320

For the financial 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.

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 Profit and Loss Account has not been delivered.

The financial statements of Fosters Park Limited (registered number: 07423384) were approved and authorised for issue by the Director on 31 March 2026. They were signed on its behalf by:

Steven Richard Martin 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

Fosters Park Limited (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 Unit A Fosters Business Park, Old School Road, Hook, RG27 9NY, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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 £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings

50 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

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 as described below.

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.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Land and buildings		Total
	£		£
Cost
At 01 January 2025	830,000		830,000
At 31 December 2025	830,000		830,000
Accumulated depreciation
At 01 January 2025	132,205		132,205
Charge for the financial year	16,600		16,600
At 31 December 2025	148,805		148,805
Net book value
At 31 December 2025	681,195		681,195
At 31 December 2024	697,795		697,795

4. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 January 2025	2,273,528
At 31 December 2025	2,273,528
Carrying value at 31 December 2025	2,273,528
Carrying value at 31 December 2024	2,273,528

5. Debtors

	2025		2024
	£		£
Amounts owed by Group undertakings	85,388		87,770
Corporation tax	33,750		33,750
Other debtors	103,375		102,250
	222,513		223,770

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	42,227		42,227
Trade creditors	4,050		2,700
Amounts owed to director	37		19
Accruals	2,000		2,000
Taxation and social security	6,471		5,226
	54,785		52,172

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

	2025		2024
	£		£
Bank loans (secured)	198,757		226,707

The loan is secured by a legal charge over the freehold property and a cross guarantee and debenture with Paramount Pools Limited (a subsidiary company).