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FCC ENVIRONMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
FCC Environment Limited is a private company limited by shares incorporated in the United Kingdom under the Companies Act 2006, registered in England and Wales. The address of the registered office is given on the company information page. The nature of the Company’s operations and its principal activities are set out in the Directors’ report.
2.Accounting policies
The principal accounting policies are summarised below. They have all been applied consistently throughout the year and to the preceding year.
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General information and basis of accounting
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The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 101 ‘Reduced Disclosure Framework’ (“FRS 101”) issued by the Financial Reporting Council.
The functional and presentational currency of FCC Environment Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.
The Company has taken advantage of the following disclosure exemptions under FRS 101:
a.The requirements of paragraphs 45(b) and 46 to 52 of IFRS 2 Share-based Payment;
b.The requirements of paragraphs 62, B64(d), B64(e), B64(g), B64(h), B64(j) to B64(m), B64(n)(ii), B64(o)(ii), B64(p), B64(q)(ii), B66 and B67 of IFRS 3 Business Combinations;
c.The requirements of IFRS 7 Financial Instruments: Disclosures;
d.The requirements of paragraphs 91 to 99 of IFRS 13 Fair Value Measurement;
e.The requirement in paragraph 38 of IAS 1 Presentation of Financial Statements to present comparative information in respect of:
i.paragraph 79(a)(iv) of IAS 1;
ii.paragraph 73(e) of IAS 16 Property, Plant and Equipment;
iii.paragraph 118(e) of IAS 38 Intangible Assets;
f.The requirements of paragraphs 10(d), 10(f), 16, 38A, 38B, 38C, 38D, 40A, 40B, 40C, 40D, 111 and 134 to 136 of IAS 1 Presentation of Financial Statements;
g.The requirements of IAS 7 Statement of Cash Flows;
h.The requirements of paragraphs 30 and 31 of IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors;
i.The requirements of paragraph 17 of IAS 24 Related Party Disclosures;
j.The requirements in IAS 24 Related Party Disclosures to disclose related party transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member;
k.The requirements of paragraphs 134(d) to 134(f) and 135(c) to 135(e) of IAS 36 Impairment of Assets;
l.The requirements of paragraphs 52, 58, the second sentence of paragraph 89, and paragraphs 90, 91 and 93 of IFRS 16 Leases.
Where relevant, equivalent disclosures have been given in the consolidated FCC Environment (UK) Limited group financial statements, copies of which are available from its registered office at 3 Sidings Court, White Rose Way, Doncaster, DN4 5NU.
At 31 December 2025 the Company had net liabilities and net current liabilities of £3.478 million, principally comprising amounts owed to a fellow subsidiary undertaking.
The Directors have considered the Company's financial position and the continued financial support available from the Group. Accordingly, the Directors have a reasonable expectation that the Company will be able to meet its liabilities as they fall due for at least twelve months from the date of approval of these financial statements and continue to adopt the going concern basis of accounting.
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