REGISTERED NUMBER: 02013557 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 OCTOBER 2025

FOR

FOLDBOND LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs B Mistry

Mr T Mistry

REGISTERED OFFICE:

40 William Mews

London

SW1X 9HQ

REGISTERED NUMBER:

02013557 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

FIXED ASSETS

Intangible assets

4

5,014

29,276

Tangible assets

5

-

-

5,014

29,276

CURRENT ASSETS

Stocks

6

612,868

996,482

Debtors

7

710,296

150,000

Cash at bank

18,673

7,366

1,341,837

1,153,848

CREDITORS

Amounts falling due within one year

8

828,110

914,658

NET CURRENT ASSETS

513,727

239,190

TOTAL ASSETS LESS CURRENT LIABILITIES

518,741

268,466

CREDITORS

Amounts falling due after more than one year

9

377,146

1,479

NET ASSETS

141,595

266,987

CAPITAL AND RESERVES

Called up share capital

100

100

Other reserves

-

18,625

Retained earnings

141,495

248,262

SHAREHOLDERS' FUNDS

141,595

266,987

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 October 2025 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 Profit and loss accounts has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2026 and were signed on its behalf by:

Mrs B Mistry - Director

1.	STATUTORY INFORMATION

Foldbond 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents net invoiced value of sale of properties excluding value added tax.

Intangible assets

Cryptocurrency is recognized as an intangible asset and measured initially at cost. Subsequent to initial recognition, cryptocurrency is carried using the revaluation model as permitted under Section 18 of FRS 102, where there is an active market for the asset. The asset is revalued to its fair value at each reporting date, with revaluation gains recognized in other comprehensive income and accumulated in Equity - Other reserves.

A decrease in carrying amount is recognized in profit or loss unless it reverses a previous revaluation surplus for the same asset, in which case it is charged to the extent of the credit balance existing in the other reserve for that asset.

Cryptocurrency is considered to have an indefinite useful life under FRS 102 and is not amortized. However, it is tested for impairment annually or when there is an indication of impairment.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% reducing balance

Stocks

Stock represents property acquired for resale together with work in progress on the property. These assets are included at the lower of cost and net realisable value. Cost for this purpose comprises the purchase cost of the land and building and improvement expenditure.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss accounts, 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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST OR VALUATION

At 30 October 2024

29,276

Disposals

(24,262

)

At 29 October 2025

5,014

NET BOOK VALUE

At 29 October 2025

5,014

At 29 October 2024

29,276

Cost or valuation at 29 October 2025 is represented by:

Other

intangible

assets

£

Valuation in 2024

18,625

Valuation in 2025

(24,262

)

Cost

10,651

5,014

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 30 October 2024

and 29 October 2025

4,234

DEPRECIATION

At 30 October 2024

and 29 October 2025

4,234

NET BOOK VALUE

At 29 October 2025

-

At 29 October 2024

-

6.

STOCKS

2025

2024

£

£

Stocks

612,868

996,482

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by connected company

150,000

150,000

Other debtors

541,941

-

Tax

3,597

-

Deferred Finance Cost

14,758

-

710,296

150,000

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,479

2,485

Corporation Tax payable

64

3,743

Other creditors

15,000

16,524

Director's current account

806,820

887,196

Accrued expenses

4,747

4,710

828,110

914,658

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

1,479

Other loans more 5yrs

non-institutional

377,146

-

377,146

1,479

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs

non-institutional

377,146

-

377,146

-

10.	RELATED PARTY DISCLOSURES

As at the balance sheet date the company owed £806,820 (2024: £887,196) to the director of the company. The loan is interest free and repayable on demand.

As at 31 October 2025, Chadworth Investments Ltd owed £150,000 (2024: £150,000) to Foldbond Limited.

Foldbond Limited and Chadworth Investments Limited are connected companies by virtue of having common director.

11.	CONTROLLING PARTY

The company is controlled by the director, Mrs B Mistry by virtue of holding 100% of the issued share capital of the company.