Company Registration No. 13845521 (England and Wales)
FIS Rentals Ltd
Unaudited accounts
for the year ended 31 January 2026
FIS Rentals Ltd
Unaudited accounts
Contents
FIS Rentals Ltd
Company Information
for the year ended 31 January 2026
Directors
Elizabeth Susan Rickinson
Christopher Philip Fletcher
Company Number
13845521 (England and Wales)
Registered Office
358 Scalby Road
Scarborough
North Yorkshire
YO12 6ED
England
Accountants
Wright Pottage Limited
Europa House
20 Esplanade
Scarborough
North Yorkshire
YO11 2AQ
FIS Rentals Ltd
Statement of financial position
as at 31 January 2026
Investment property
280,000
280,000
Cash at bank and in hand
297
1,078
Creditors: amounts falling due within one year
(178,824)
(182,360)
Net current liabilities
(178,465)
(181,282)
Total assets less current liabilities
101,535
98,718
Creditors: amounts falling due after more than one year
(78,993)
(78,747)
Provisions for liabilities
Called up share capital
2
2
Revaluation reserve
55,851
55,851
Profit and loss account
(33,736)
(38,861)
Shareholders' funds
22,117
16,992
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2026 and were signed on its behalf by
Christopher Philip Fletcher
Director
Company Registration No. 13845521
FIS Rentals Ltd
Notes to the Accounts
for the year ended 31 January 2026
FIS Rentals Ltd is a private company, limited by shares, registered in England and Wales, registration number 13845521. The registered office is 358 Scalby Road, Scarborough, North Yorkshire, YO12 6ED, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The turnover shown in the profit and loss account represents the total invoice value of rents receivable during the year. Rental income is recognised in the profit and loss account on an accruals basis in the period to which the rents relate
The accounts are presented in £ sterling.
Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in the profit and loss in the period in which they arise. Deferred taxation is provided on these gains.
FIS Rentals Ltd
Notes to the Accounts
for the year ended 31 January 2026
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Carrying amount of land and buildings on cost basis
211,048
211,048
2023 - £14,869
2024 - £10,000
2025 - £44,083
Valuations were carried out by CPH Estate Agents Ltd.
Fair value at 1 February 2025
280,000
At 31 January 2026
280,000
The completed investment properties are stated at fair value in accordance with the requirements of Section 1A ''Small Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard
applicable in the UK and Republic of Ireland''.
The investment properties have been valued by the directors at fair value taking into account existing tenancy arrangements.
Amounts falling due within one year
Accrued income and prepayments
62
-
7
Creditors: amounts falling due within one year
2026
2025
Loans from directors
178,010
182,360
FIS Rentals Ltd
Notes to the Accounts
for the year ended 31 January 2026
8
Creditors: amounts falling due after more than one year
2026
2025
Aggregate of amounts that fall due for payment after five years
78,993
78,747
The company has a secured loan of £78,993 outstanding at 31 January 2026. The loan is secured by a charge over the property at 51 Prospect Road with a remaining term of 20 years and 10 months.
9
Average number of employees
During the year the average number of employees was 2 (2025: 2).