FOURWALLS GROUP LTD


Director	TURGOOSE, Owen Russell


Company Secretary	TURGOOSE, Sarah Elizabeth


Registered Address	Office 2f11 Building B Riverside Way
	Camberley
	GU15 3YL


Registered Number	06000587 (England and Wales)

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Operating leases
	Where, substantially, all the risks and rewards of ownership of the asset do not transfer from the lessor to the company, the lease is treated as an operating lease. Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Goodwill
	Goodwill arising on an acquisition of a business is carried at cost less accumulated impairment losses, if any. Goodwill is amortised over its expected useful life which is estimated to be ten years. Goodwill is assessed for impairment when there are indicators of impairment and any impairment is charged to the income statement. No reversals of impairment are recognised.

	Development costs
	Capitalised development costs are stated at cost less accumulated amortisation and accumulated impairment losses (cost model). Amortisation is recognised using the straight-line basis and results in the carrying amount being expensed in profit or loss over the estimated useful life. These costs being amortised evenly over its estimated useful life of ten years.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	3
	Fixtures and fittings	3
	Vehicles	4
	Office Equipment	3

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	74		63

3.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 January 25	399,865
	At 31 December 25	399,865
	Amortisation and impairment
	At 01 January 25	190,147
	Charge for year	36,927
	At 31 December 25	227,074
	Net book value
	At 31 December 25	172,791
	At 31 December 24	209,718

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 January 25	344,800
	At 31 December 25	344,800
	Depreciation and impairment
	At 01 January 25	233,275
	Charge for year	38,861
	At 31 December 25	272,136
	Net book value
	At 31 December 25	72,664
	At 31 December 24	111,525

5.	Fixed asset investments

		Total
		£
	Cost or valuation
	At 01 January 25	253,194
	At 31 December 25	253,194
	Net book value
	At 31 December 25	253,194
	At 31 December 24	253,194

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	238,820	316,554
Amounts owed by group undertakings	37,448	1,677
Other debtors	6,714	16,555
Prepayments and accrued income	20,675	54,564
Total	303,657	389,350

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	111,801	173,656
Bank borrowings and overdrafts	38,330	26,192
Amounts owed to related parties	129,971	75,138
Taxation and social security	256,044	159,542
Payments received on account	-	18,043
Finance lease and HP contracts	32,388	32,388
Other creditors	29,730	64,297
Accrued liabilities and deferred income	5,428	3,399
Total	603,692	552,655

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	131,980	13,324
Other creditors	44,560	93,718
Total	176,540	107,042

9.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	63,718		96,106

10.	Related party transactions
	Fourwalls Group Holdings Limited As at 31 December 2025, Fourwalls Group Holdings Limited owed the company £37,448 (2024: £1,677). The balance is interest free and repayable on demand. During the year, the company paid management fees of £104,338 (2024: £111,842) to Fourwalls Group Holdings Limited. All transactions were undertaken on a commercial arms length basis. FPL Outsource Ltd As at 31 December 2025, the company owed FPL Outsource Ltd £52,595 (2024: £7,956). The balance is interest free and repayable on demand. During the year, the company paid bought services for £250,408 (2024: £310,580) from FPL Outsource Limited. All transactions were undertaken on a commercial arms length basis. Arko London Ltd As at 31 December 2025, the company owed Arko London Ltd £136,630 (2024: £75,138). The balance is interest free and repayable on demand.

10.

Related party transactions

Fourwalls Group Holdings Limited
As at 31 December 2025, Fourwalls Group Holdings Limited owed the company £37,448 (2024: £1,677). The balance is
interest free and repayable on demand. During the year, the company paid management fees of £104,338 (2024: £111,842) to Fourwalls Group Holdings Limited. All transactions were undertaken on a commercial arms length basis.

FPL Outsource Ltd
As at 31 December 2025, the company owed FPL Outsource Ltd £52,595 (2024: £7,956). The balance is interest free and
repayable on demand. During the year, the company paid bought services for £250,408 (2024: £310,580) from FPL Outsource Limited. All transactions were undertaken on a commercial arms length basis.

Arko London Ltd
As at 31 December 2025, the company owed Arko London Ltd £136,630 (2024: £75,138). The balance is interest free and
repayable on demand.

11.	Controlling party
	The controlling party is Fourwalls Group Holdings Ltd. This was by virtue of 100% holding of the issued share capital.

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		172,791		209,718
Tangible assets	4		72,664		111,525
Investments	5		253,194		253,194
			498,649		574,437
Current assets
Debtors	6	303,657		389,350
Cash at bank and on hand		158,123		38,190
		461,780		427,540
Creditors amounts falling due within one year	7	(603,692)		(552,655)
Net current assets (liabilities)			(141,912)		(125,115)
Total assets less current liabilities			356,737		449,322
Creditors amounts falling due after one year	8		(176,540)		(107,042)
Provisions for liabilities			(10,829)		-
Net assets			169,368		342,280
Capital and reserves
Called up share capital			53,445		53,445
Other reserves			46,555		46,555
Profit and loss account			69,368		242,280
Shareholders' funds			169,368		342,280