REGISTERED NUMBER: 11519561 (England and Wales)

Unaudited Financial Statements

for the Year Ended 5 April 2026

for

SCR FIC Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J Acock

S C Roach

D J Trembath

REGISTERED OFFICE:

9 Heron Close

Tresillian

TRURO

Cornwall

TR2 4BH

REGISTERED NUMBER:

11519561 (England and Wales)

ACCOUNTANTS:

Colin Truscott Accountancy Limited

9 Heron Close

Tresillian

Cornwall

TR2 4BH

FIXED ASSETS

Investments

4

10,253,743

6,550,895

CURRENT ASSETS

Debtors

5

851

565

Cash at bank

2,453,407

82,300

2,454,258

82,865

CREDITORS

Amounts falling due within one year

6

11,099,073

6,074,140

NET CURRENT LIABILITIES

(8,644,815

)

(5,991,275

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,608,928

559,620

PROVISIONS FOR LIABILITIES

265,185

47,347

NET ASSETS

1,343,743

512,273

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

7

795,553

142,042

Retained earnings

548,090

370,131

1,343,743

512,273

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2026 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 21 September 2026 and were signed on its behalf by:

D J Trembath - Director

1.	STATUTORY INFORMATION

SCR FIC Limited 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 Company 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 as modified by the revaluation of certain assets.

Financial instruments

Investments in stocks and shares are carried at market value. Any aggregate surplus and deficit arising in changes in market value is recognised in profit and loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Other

investment

£

COST OR VALUATION

At 6 April 2025

6,550,895

Additions

4,310,034

Disposals

(1,686,639

)

Revaluations

1,079,453

At 5 April 2026

10,253,743

NET BOOK VALUE

At 5 April 2026

10,253,743

At 5 April 2025

6,550,895

Cost or valuation at 5 April 2026 is represented by:

Other

investment

£

Valuation in 2026

10,253,743

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

851

565

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

59,576

38,344

Tax

29,317

6,805

Social security and other taxes

2,078

1,006

Other creditors

-

123

Directors' loan accounts

11,008,102

6,027,862

11,099,073

6,074,140

7.

RESERVES

Fair

value

reserve

£

At 6 April 2025

142,042

Transfer

653,511

At 5 April 2026

795,553

8.	RELATED PARTY DISCLOSURES

At the year end the company owed S C Roach £11,008,102 (2025:£6,027,862).