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REGISTERED NUMBER: 09234398 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Biddenfield Estate Management Limited

Biddenfield Estate Management Limited (Registered number: 09234398)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Biddenfield Estate Management Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: G A Clifford
H S Jones





REGISTERED OFFICE: The Farmhouse
Biddenfield Lane
Shedfield
Southampton
Hampshire
SO32 2HP





REGISTERED NUMBER: 09234398 (England and Wales)





ACCOUNTANTS: KT Accountants Limited
Castle Farm Barn North
Denmead Road
Southwick
Hampshire
PO17 6EX

Biddenfield Estate Management Limited (Registered number: 09234398)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,260,003 1,325,215

CURRENT ASSETS
Debtors 5 12,408 6,540
Cash at bank and in hand 56,799 127,837
69,207 134,377
CREDITORS
Amounts falling due within one year 6 447,390 470,845
NET CURRENT LIABILITIES (378,183 ) (336,468 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

881,820

988,747

CREDITORS
Amounts falling due after more than
one year

7

(959,358

)

(1,027,678

)

PROVISIONS FOR LIABILITIES - (32,954 )
NET LIABILITIES (77,538 ) (71,885 )

Biddenfield Estate Management Limited (Registered number: 09234398)

Balance Sheet - continued
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 9 (77,539 ) (71,886 )
SHAREHOLDERS' FUNDS (77,538 ) (71,885 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 March 2025 and were signed on its behalf by:





G A Clifford - Director


Biddenfield Estate Management Limited (Registered number: 09234398)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Biddenfield Estate Management 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - at varying rates on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on cost
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


Biddenfield Estate Management Limited (Registered number: 09234398)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued
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.

Gift aid payment to parent charity
The Company pays all its taxable profits for the reporting period to its parent charity under the gift aid scheme. These gift aid payments are recognised as distributions to owners in equity within retained earnings.

At the reporting date there was no legal obligation in place for the company to make this gift aid payment, although prior to the reporting date the board had indicated its intention to pay the taxable profits to the parent charity in respect of the reporting period. The payment was made within 9 months of the end of the reporting date.

On application of the FRS 102 triennial review amendments, the Company has applied paragraphs 29.14A and 29.22A of FRS 102. Tax relief is to be recognised in the reporting period in which the profits arise and is recognised in the income statement.

The tax relief in respect of gift aid has been shown separately in accordance with paragraph 5.39 of FRS 102.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Biddenfield Estate Management Limited (Registered number: 09234398)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 1,627,664
Additions 64,920
Disposals (11,500 )
At 30 June 2024 1,681,084
DEPRECIATION
At 1 July 2023 302,449
Charge for year 123,663
Eliminated on disposal (5,031 )
At 30 June 2024 421,081
NET BOOK VALUE
At 30 June 2024 1,260,003
At 30 June 2023 1,325,215

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors - 528
Other debtors 12,408 6,012
12,408 6,540

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Amounts owed to group undertakings 180,855 239,804
Other creditors 266,535 231,041
447,390 470,845

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.24 30.6.23
£    £   
Other creditors 959,358 1,027,678

Biddenfield Estate Management Limited (Registered number: 09234398)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Due to group undertakings 346,169 382,468

There is a fixed and floating charge dated 20 January 2015 against all assets held by the Company.

9. RESERVES
Retained
earnings
£   

At 1 July 2023 (71,886 )
Deficit for the year (5,653 )
At 30 June 2024 (77,539 )