Company No: 12154447 (England and Wales)

Contents

• Company Information
• Directors' Report
• Profit and Loss Account
• Balance Sheet
• Notes to the Abridged Financial Statements

DIRECTORS	J B Secrett
	N J Secrett
	C L Secrett
	G Secrett

REGISTERED OFFICE	Wey Court West
	Union Road
	Farnham
	Surrey
	United Kingdom
	GU9 7PT
	United Kingdom

COMPANY NUMBER

12154447 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Wey Court West
	Union Road
	Farnham
	Surrey
	GU9 7PT

The directors present their annual report and the unaudited financial statements of the Company for the financial year ended 31 December 2025.

GOING CONCERN

The directors have prepared the financial statements on the going concern basis. Further details are provided in the notes to the financial statements.

DIRECTORS

The directors, who served during the financial year and to the date of this report except as noted, were as follows:

J B Secrett
N J Secrett
C L Secrett
G Secrett

This Directors' Report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption provided by section 415A of the Companies Act 2006.

Approved by the Board of Directors and signed on its behalf by:

G Secrett Director

01 September 2026

		2025		2024
		£		£
Gross profit		0		0
Operating result and result before taxation		0		0
Tax on result		0		0
Result for the financial year		0		0

	Note	2025		2024
		£		£
Fixed assets
Investments		2,283,255		2,283,255
		2,283,255		2,283,255
Current assets
Debtors		951		951
		951		951
Creditors: amounts falling due within one year		( 2,281,225)		( 545,647)
Net current liabilities		(2,280,274)		(544,696)
Total assets less current liabilities		2,981		1,738,559
Creditors: amounts falling due after more than one year		0		( 1,735,578)
Net assets		2,981		2,981
Capital and reserves
Called-up share capital	3	2,981		2,981
Total shareholders' funds		2,981		2,981

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.

Directors' 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 directors acknowledge 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 in accordance with the provisions applicable to companies subject to the small companies regime of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A – small entities;
• All of the members of FAS Holdings Ltd have consented to the preparation of the abridged financial statements for the financial year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

The financial statements of FAS Holdings Ltd (registered number: 12154447) were approved and authorised for issue by the Board of Directors on 01 September 2026. They were signed on its behalf by:

G Secrett 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

FAS 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 Wey Court West, Union Road, Farnham, Surrey, United Kingdom, GU9 7PT, 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 £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

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.

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.

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.

Investments
Investments in subsidiary undertakings are recognized at cost.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

3. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
268,064 A ordinary shares of £ 0.01 each	2,681		2,681
10,000 B ordinary shares of £ 0.01 each	100		100
10,000 C ordinary shares of £ 0.01 each	100		100
10,000 D ordinary shares of £ 0.01 each	100		100
	2,981		2,981

4. Ultimate controlling party

The controlling party is C L Secrett.