Company No: 03141990 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	R P Glossop
	C R Scott

SECRETARY

C R Scott

REGISTERED OFFICE	C/O S&W Partners (Manchester) Limited
	Pall Mall
	1 Pollen Square
	59 King Street
	Manchester
	M2 4PD
	United Kingdom

COMPANY NUMBER

03141990 (England and Wales)

ACCOUNTANT	S&W Partners (Manchester) Limited
	Pall Mall
	1 Pollen Square
	59 King Street
	Manchester
	M2 4PD

	Note	31.01.2026		31.01.2025
		£		£
Current assets
Debtors	3	45,735		45,735
		45,735		45,735
Creditors: amounts falling due within one year	4	( 447,479)		( 447,479)
Net current liabilities		(401,744)		(401,744)
Total assets less current liabilities		(401,744)		(401,744)
Net liabilities		( 401,744)		( 401,744)
Capital and reserves
Called-up share capital	5	600,002		600,002
Profit and loss account		( 1,001,746 )		( 1,001,746 )
Total shareholders' deficit		( 401,744)		( 401,744)

Further Adventures Limited (registered number: 03141990) did not trade during the current financial year and has made neither profit nor loss, nor any other comprehensive income. There have been no movements in shareholders’ funds during the current financial year and therefore no Statement of Changes in Equity has been included. For the financial year ending 31 January 2026 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 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 Further Adventures Limited (registered number: 03141990) were approved and authorised for issue by the Board of Directors on 30 October 2026. They were signed on its behalf by:

C R Scott 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

Further Adventures 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 C/O S&W Partners (Manchester) Limited, Pall Mall, 1 Pollen Square, 59 King Street, Manchester, M2 4PD, United Kingdom.

The financial statements have been prepared under the historical cost convention, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The company had net liabilities at 31 January 2026, the Directors have confirmed their commitment to provide support to allow the company to pay its debts as they fall due. The financial statements do not include any adjustments that might be necessary if the Directors were not to provide further support.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

The company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments.

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.

There are no assets which are initially measured at fair value.


(i) Financial liabilities

Basic financial assets, including trade and other creditors, bank loans, loans from fellow group companies that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried out at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year of less. If not, they are presented as non-current liabilities.

Ordinary share capital

The ordinary share capital of the Company is presented as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2. Employees

	31.01.2026		31.01.2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

3. Debtors

	31.01.2026		31.01.2025
	£		£
Other debtors	45,735		45,735

4. Creditors: amounts falling due within one year

	31.01.2026		31.01.2025
	£		£
Trade creditors	183		183
Other creditors	447,296		447,296
	447,479		447,479

5. Called-up share capital

	31.01.2026		31.01.2025
	£		£
Allotted, called-up and fully-paid
600,002 Ordinary shares of £ 1.00 each	600,002		600,002

6. Related party transactions

Transactions with the entity's directors

	31.01.2026		31.01.2025
	£		£
Amounts due to directors	446,246		446,246

The above loans are interest free and repayable on demand.