FOUNDERS FOUR LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 15249791

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		126		-

			126		-
CURRENT ASSETS
Debtors	5	43,355		6,863
Cash at bank and in hand		162		1,740

		43,517		8,603
Creditors: Amounts Falling Due Within One Year	6	(77,506 )		(20,170 )

NET CURRENT ASSETS (LIABILITIES)			(33,989 )		(11,567 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(33,863 )		(11,567 )

Creditors: Amounts Falling Due After More Than One Year	7		(16,823 )		-

NET LIABILITIES			(50,686 )		(11,567 )

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			(50,687 )		(11,568 )

SHAREHOLDERS' FUNDS			(50,686)		(11,567)

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FOUNDERS FOUR LTD

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Deri Ap John Llewellyn-Davies Director	Ms Nicola Owen Director
30/10/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

FOUNDERS FOUR LTD is a private company, limited by shares, incorporated in England & Wales, registered number 15249791 . The registered office is Wyastone Business Park, Ganarew, Monmouth, Wales, NP25 3SR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The company made a loss of £39,119 for the year (2024: loss of £11,568) and had net liabilities of £50,686 at the balance sheet date (2024: £11,567). The company’s ability to continue as a going concern is dependent on the continued financial support of its related parties. The directors have obtained written confirmation from Ultra States Ltd and Mr Jeremy Schwartz that the amounts owed to them (£35,994 and £16,823 respectively) will not be recalled for at least twelve months from the date these financial statements are approved. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

2.3. Turnover

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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	.
Fixtures & Fittings	20% SLM

2.5. Leasing and Hire Purchase Contracts

At 31 October 2025 the company had no commitments under non-cancellable operating leases.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit And Loss Account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 1)

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FOUNDERS FOUR LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 November 2024	-
Additions	130

As at 31 October 2025	130

Depreciation
As at 1 November 2024	-
Provided during the period	4

As at 31 October 2025	4

Net Book Value
As at 31 October 2025	126

As at 1 November 2024	-

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	14,592	4,859
Prepayments and accrued income	-	600
VAT	1,819	1,404
Amounts due from DLD Ventures Ltd	26,944	-

	43,355	6,863

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	37,072	12,956
Ultra States Ltd	35,994	4,349
Accruals and deferred income	4,070	956
Directors' loan accounts	370	1,909

	77,506	20,170

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	16,823	-

8. Deferred Taxation

No deferred tax asset has been recognised in respect of tax losses carried forward of approximately £50,813 at 31 October 2025 (2024: £11,568), as the directors do not consider it more likely than not that there will be suitable taxable profits available in the foreseeable future against which the losses could be relieved.

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FOUNDERS FOUR LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

10. Post Balance Sheet Events

The company changed its name from Freedom Founders Ltd to Founders Four Ltd on 6 October 2026. There have been no other significant events affecting the company since the balance sheet date.

11. Related Party Transactions

During the year the company received advances from Ultra States Ltd (formerly DLD Strategic Mastery Ltd), a company under common control by virtue of shared directors and shareholders. At 31 October 2025 the amount owed to Ultra States Ltd was £35,994, included within other creditors falling due within one year. The loan is unsecured/interest-free/repayable on deman.

The company also owed £16,823 at 31 October 2025 to Mr Jeremy Schwartz, in respect of a working capital loan, included within creditors falling due after more than one year. The loan is unsecured, interest-free and repayable on demand.

12. Ultimate Controlling Party

The company’s ultimate controlling party is DLD Ventures Ltd, which has the right to appoint and remove the majority of directors by virtue of its control of the trustees of the Legacy Trust.

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