Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-312024-10-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-11-01false22falsefalsefalse 01662747 2023-11-01 2024-10-31 01662747 2022-11-01 2023-10-31 01662747 2024-10-31 01662747 2023-10-31 01662747 2022-11-01 01662747 1 2023-11-01 2024-10-31 01662747 1 2022-11-01 2023-10-31 01662747 2 2023-11-01 2024-10-31 01662747 2 2022-11-01 2023-10-31 01662747 5 2023-11-01 2024-10-31 01662747 5 2022-11-01 2023-10-31 01662747 6 2023-11-01 2024-10-31 01662747 6 2022-11-01 2023-10-31 01662747 d:CompanySecretary1 2023-11-01 2024-10-31 01662747 d:Director1 2023-11-01 2024-10-31 01662747 d:Director2 2023-11-01 2024-10-31 01662747 d:RegisteredOffice 2023-11-01 2024-10-31 01662747 e:CurrentFinancialInstruments 2024-10-31 01662747 e:CurrentFinancialInstruments 2023-10-31 01662747 e:Non-currentFinancialInstruments 2024-10-31 01662747 e:Non-currentFinancialInstruments 2023-10-31 01662747 e:CurrentFinancialInstruments e:WithinOneYear 2024-10-31 01662747 e:CurrentFinancialInstruments e:WithinOneYear 2023-10-31 01662747 e:Non-currentFinancialInstruments e:AfterOneYear 2024-10-31 01662747 e:Non-currentFinancialInstruments e:AfterOneYear 2023-10-31 01662747 e:ShareCapital 2023-11-01 2024-10-31 01662747 e:ShareCapital 2024-10-31 01662747 e:ShareCapital 2022-11-01 2023-10-31 01662747 e:ShareCapital 2023-10-31 01662747 e:ShareCapital 2022-11-01 01662747 e:OtherMiscellaneousReserve 2023-11-01 2024-10-31 01662747 e:OtherMiscellaneousReserve 2024-10-31 01662747 e:OtherMiscellaneousReserve 1 2023-11-01 2024-10-31 01662747 e:OtherMiscellaneousReserve 2 2023-11-01 2024-10-31 01662747 e:OtherMiscellaneousReserve 2022-11-01 2023-10-31 01662747 e:OtherMiscellaneousReserve 2023-10-31 01662747 e:OtherMiscellaneousReserve 2022-11-01 01662747 e:OtherMiscellaneousReserve 1 2022-11-01 2023-10-31 01662747 e:OtherMiscellaneousReserve 2 2022-11-01 2023-10-31 01662747 e:RetainedEarningsAccumulatedLosses 2023-11-01 2024-10-31 01662747 e:RetainedEarningsAccumulatedLosses 2024-10-31 01662747 e:RetainedEarningsAccumulatedLosses 1 2023-11-01 2024-10-31 01662747 e:RetainedEarningsAccumulatedLosses 2 2023-11-01 2024-10-31 01662747 e:RetainedEarningsAccumulatedLosses 2022-11-01 2023-10-31 01662747 e:RetainedEarningsAccumulatedLosses 2023-10-31 01662747 e:RetainedEarningsAccumulatedLosses 2022-11-01 01662747 e:RetainedEarningsAccumulatedLosses 1 2022-11-01 2023-10-31 01662747 e:RetainedEarningsAccumulatedLosses 2 2022-11-01 2023-10-31 01662747 d:OrdinaryShareClass1 2023-11-01 2024-10-31 01662747 d:OrdinaryShareClass1 2024-10-31 01662747 d:OrdinaryShareClass1 2023-10-31 01662747 d:FRS102 2023-11-01 2024-10-31 01662747 d:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 01662747 d:FullAccounts 2023-11-01 2024-10-31 01662747 d:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 01662747 2 2023-11-01 2024-10-31 01662747 e:AcceleratedTaxDepreciationDeferredTax 2024-10-31 01662747 e:AcceleratedTaxDepreciationDeferredTax 2023-10-31 01662747 f:PoundSterling 2023-11-01 2024-10-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 01662747










KEWBROOK LIMITED

UNAUDITED
DIRECTORS' REPORT
AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED
31 OCTOBER 2024
 






 



 






 
KEWBROOK LIMITED
 

COMPANY INFORMATION


Directors
M J Rickards FRICS 
D J Williams MRICS 




Company secretary
M J Rickards FRICS



Registered number
01662747



Registered office
Suite 1, Silwood Business Centre
Silwood Park, Buckhurst Road

Ascot

Berkshire

SL5 7PW




Accountants
Wellden Turnbull Limited
Chartered Accountants

Albany House

Claremont Lane

Esher

Surrey

KT10 9FQ





 
KEWBROOK LIMITED
 

CONTENTS



Page
Directors' report
 
 
1
Accountants' report
 
 
2
Statement of comprehensive income
 
 
3
Balance sheet
 
 
4 - 5
Statement of changes in equity
 
 
6
Notes to the financial statements
 
 
7 - 14


 
KEWBROOK LIMITED
 

 
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 OCTOBER 2024

The Directors present their report and the financial statements for the year ended 31 October 2024.

Principal activity

The principal activities of the Company in the year under review continued to be that of investment in commercial properties for letting and development and dealing in commercial property.

Directors

The Directors who served during the year were:

M J Rickards FRICS 
D J Williams MRICS 

This report was approved by the board and signed on its behalf.
 





M J Rickards FRICS
Director

Date: 29 July 2025

Page 1

 
KEWBROOK LIMITED
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF KEWBROOK LIMITED
FOR THE YEAR ENDED 31 OCTOBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kewbrook Limited for the year ended 31 October 2024 which comprise the statement of comprehensive income, the balance sheet, the statement of changes in equity and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the board of directors of Kewbrook Limited, as a body, in accordance with the terms of our engagement letter dated [date]Our work has been undertaken solely to prepare for your approval the financial statements of Kewbrook Limited and state those matters that we have agreed to state to the board of directors of Kewbrook Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kewbrook Limited and its board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Kewbrook Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Kewbrook Limited. You consider that Kewbrook Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Kewbrook Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  





Wellden Turnbull Limited
Chartered Accountants
Albany House
Claremont Lane
Esher
Surrey
KT10 9FQ
29 July 2025
Page 2

 
KEWBROOK LIMITED
 

STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 OCTOBER 2024

2024
2023
£
£

  

Turnover
  
5,327,901
2,229,284

Cost of sales
  
(3,981,090)
(2,032,601)

Gross profit
  
1,346,811
196,683

Administrative expenses
  
(409,346)
(407,973)

Other operating income
  
144,168
128,913

Operating profit/(loss)
  
1,081,633
(82,377)

Interest receivable and similar income
  
7,628
-

Interest payable and similar expenses
  
(666,348)
(607,595)

Profit/(loss) before tax
  
422,913
(689,972)

Tax on profit/(loss)
  
(52,490)
91,484

Profit/(loss) for the financial year
  
370,423
(598,488)

Other comprehensive income for the year
  

Fair value movement in swaps
  
(155,621)
(125,330)

Deferred tax arising on fair value movements
  
38,905
79,466

Other comprehensive income for the year
  
(116,716)
(45,864)

Total comprehensive income for the year
  
253,707
(644,352)

The notes on pages 7 to 14 form part of these financial statements.

Page 3

 
KEWBROOK LIMITED
REGISTERED NUMBER: 01662747

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
                                                                        Note
£
£

  

Current assets
  

Stocks
 4 
11,785,761
14,763,820

Debtors: amounts falling due after more than one year
 5 
195,686
351,307

Debtors: amounts falling due within one year
 5 
3,618,329
2,772,687

Cash at bank and in hand
  
709,567
968,526

  
16,309,343
18,856,340

Creditors: amounts falling due within one year
 6 
(5,897,710)
(7,087,685)

Net current assets
  
 
 
10,411,633
 
 
11,768,655

Total assets less current liabilities
  
10,411,633
11,768,655

Creditors: amounts falling due after more than one year
 7 
(9,939,627)
(11,511,451)

Provisions for liabilities
  

Deferred tax
 9 
(48,922)
(87,827)

  
 
 
(48,922)
 
 
(87,827)

Net assets
  
423,084
169,377


Capital and reserves
  

Called up share capital 
 10 
100
100

Other reserves
 11 
146,764
263,480

Profit and loss account
 11 
276,220
(94,203)

Shareholders' funds
  
423,084
169,377


Page 4

 
KEWBROOK LIMITED
REGISTERED NUMBER: 01662747

BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared 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 financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


M J Rickards FRICS
Director

Date: 29 July 2025

The notes on pages 7 to 14 form part of these financial statements.

Page 5

 
KEWBROOK LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 OCTOBER 2024


Called up share capital
Other reserves
Profit and loss account
Total equity

£
£
£
£


At 1 November 2022
100
309,344
504,285
813,729


Comprehensive income for the year

Loss for the year
-
-
(598,488)
(598,488)

Fair value movment in period
-
(125,330)
-
(125,330)

Deferred tax arising on fair value adjustments
-
79,466
-
79,466
Total comprehensive income for the year
-
(45,864)
(598,488)
(644,352)



At 1 November 2023
100
263,480
(94,203)
169,377


Comprehensive income for the year

Profit for the year
-
-
370,423
370,423

Fair value movement in period
-
(155,621)
-
(155,621)

Deferred tax arising on fair value adjustments
-
38,905
-
38,905
Total comprehensive income for the year
-
(116,716)
370,423
253,707


At 31 October 2024
100
146,764
276,220
423,084


Page 6

 
KEWBROOK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Kewbrook Limited is a private company, limited by shares, and incorporated in England and Wales, registered number 01662747. The registered office is: Suite 1, Silwood Business Centre, Silwood Park, Buckhurst Road, Ascot, Berkshire, SL5 7PW.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

These financial statements are presented in sterling, which is the functional currency of the Company and rounded to the nearest £.

The following principal accounting policies have been applied:

  
2.2

Compliance with accounting standards

The financial statements have been prepared using FRS102, the financial reporting standard applicable in the UK and Republic of Ireland, including the disclosure and presentation requirements of Section 1A, applicable to small companies. There were no material departures from that standard.

 
2.3

Going concern

The financial statements have been prepared on a going concern basis as the directors believe that the Company will continue to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of the financial statements. In doing so the directors have considered the Company's business model and availability of cash resources. The directors consider it appropriate therefore to prepare the financial statements on a going concern basis.

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Rental income and ground rent is recognised over the period the income is earned.
Property sale revenue is recognised at completion date.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the statement of comprehensive income.

Page 7

 
KEWBROOK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Impairment of financial assets

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.
 

Page 8

 
KEWBROOK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)


2.8
Financial instruments (continued)

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

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

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Other financial instruments

Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.

Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 9

 
KEWBROOK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

  
2.10

Hedge accounting

The Company uses variable to fixed interest rate swaps to manage its exposure to fair value risk on its bank loan. These derivatives are measured at fair value at each balance sheet date.
To better reflect the nature of the long term financing structure in operation and in a modification to accounting standards, all cummulative hedge gains and losses on the hedge are recognised as an asset or liability with a corresponding gain or loss recognised in the statement of comprehensive income. The treatment better reflects the financing profile in operation across the life of the structure.

 
2.11

Finance costs

Finance costs are charged to the statement of comprehensive income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.13

Interest income

Interest income is recognised in the statement of comprehensive income using the effective interest method.

 
2.14

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 10

 
KEWBROOK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.15

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in the statement of comprehensive income except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Stocks

2024
2023
£
£

Commercial property for resale
11,785,761
14,763,820


As at the year end the market value of the property was £20,500,000. The 2024 valuations were made by M J Rickards FRICS, a director of the Company, on an open market value for existing use basis

Page 11

 
KEWBROOK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

5.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
195,686
351,307


2024
2023
£
£

Due within one year

Trade debtors
48,072
25,375

Amounts owed by group undertakings
3,211,489
2,447,154

Other debtors
126,432
142,729

Prepayments and accrued income
232,336
157,429

3,618,329
2,772,687



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
23,109
106,045

Amounts owed to group undertakings
5,351,472
6,335,352

Corporation tax
52,490
-

Other creditors
378,472
374,318

Accruals and deferred income
92,167
271,970

5,897,710
7,087,685



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
9,939,627
11,511,451


The bank loans are secured by a fixed and floating charge over the assets of the company.


8.


Financial instruments

The Company has entered into an interest rate swap agreement, swapping the floating rates payable on loans amounting to £9,850,000 fixed interest rates ranging between 1.03% and 2.11%.
Financial instruments measured at fair value through the statement of comprehensive income comprise an interest rate swaps.

Page 12

 
KEWBROOK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

9.


Deferred taxation




2024
2023


£

£






At beginning of year
87,827
167,293


Charged to other comprehensive income
(38,905)
(79,466)



At end of year
48,922
87,827

The deferred taxation balance is made up as follows:

2024
2023
£
£


Timing differences arising from fair value adjustments
48,921
87,827


10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



11.


Reserves

Other reserves

Other reserves relate to the hedging reserve which represents movement in the fair value of the interest rate swap derivatives and associated deferred tax.

Profit and loss account

The profit and loss account represents cumulative profits and losses net of dividends and other
adjustments.


12.


Related party transactions

The company has taken the exemption under FRS102 1A not to disclose transactions and balances with its parent and fellow subsidiary companies on the basis it is a wholly owned subsidiary.

Page 13

 
KEWBROOK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

13.


Parent company

Stockbourne Group Limited is the parent company. The registered office and principal place of buisness is, Suite 1, Silwood Business Centre Silwood Park Buckhurst Road Ascot SL5 7PW.
The smallest and largest group of undertakings into which the results of the Company are consolidated is headed by Stockbourne Group Limited. The consolidated financial statements can be obtained from Companies House. 


Page 14