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REGISTERED NUMBER: 00210484 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2025

for

The Exchange Estates (Liverpool) Ltd

The Exchange Estates (Liverpool) Ltd (Registered number: 00210484)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Exchange Estates (Liverpool) Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Rev'd J B Black
Sir C J Napier
Dr E W Daw





SECRETARY: Sir C J Napier





REGISTERED OFFICE: 5 Manor Farm
Kilmeston Road
Kilmeston
Alresford
Hampshire
SO24 0NW





REGISTERED NUMBER: 00210484 (England and Wales)





ACCOUNTANTS: Butler & Co Alresford Limited
Chartered Accountants
The Old Stables
Sutton Manor Farm
Bishop's Sutton
Alresford
Hampshire
SO24 0AA

The Exchange Estates (Liverpool) Ltd (Registered number: 00210484)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 268 315
Investment property 5 2,284,452 2,284,452
2,284,720 2,284,767

CURRENT ASSETS
Debtors 6 104,232 70,702
Cash at bank 405,998 426,851
510,230 497,553
CREDITORS
Amounts falling due within one year 7 63,137 103,080
NET CURRENT ASSETS 447,093 394,473
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,731,813

2,679,240

PROVISIONS FOR LIABILITIES 8 360,177 360,191
NET ASSETS 2,371,636 2,319,049

CAPITAL AND RESERVES
Called up share capital 9 16,000 16,000
Capital reserves 1,273 1,273
Fair value reserve - non-distributable 1,080,331 1,080,331
Retained earnings 1,274,032 1,221,445
SHAREHOLDERS' FUNDS 2,371,636 2,319,049

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Exchange Estates (Liverpool) Ltd (Registered number: 00210484)

Balance Sheet - continued
31 March 2025


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 17 July 2025 and were signed on its behalf by:





Sir C J Napier - Director


The Exchange Estates (Liverpool) Ltd (Registered number: 00210484)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

The Exchange Estates (Liverpool) Ltd 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.

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 as modified by the revaluation of certain assets.

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.
Fixtures and fittings - 15% reducing balance basis
Computer equipment - 20% on cost

Investment property
Investment property is included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

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.

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.

3. EMPLOYEES

The average number of employees during the year was NIL (2024 - NIL).

The Exchange Estates (Liverpool) Ltd (Registered number: 00210484)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 13,342 2,255 15,597
DEPRECIATION
At 1 April 2024 13,027 2,255 15,282
Charge for year 47 - 47
At 31 March 2025 13,074 2,255 15,329
NET BOOK VALUE
At 31 March 2025 268 - 268
At 31 March 2024 315 - 315

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 2,284,452
NET BOOK VALUE
At 31 March 2025 2,284,452
At 31 March 2024 2,284,452

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2016 1,793,636
Valuation in 2019 (397,986 )
Valuation in 2023 44,793
Cost 844,009
2,284,452

If investment property had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 844,009 844,009

Investment property was valued on an open market basis on 31 March 2025 by the directors .

The Exchange Estates (Liverpool) Ltd (Registered number: 00210484)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 75,046 44,937
Other debtors 6,304 3,180
Prepayments and accrued income 22,882 22,585
104,232 70,702

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 9,357 26,024
Corporation tax 52,881 63,735
Accruals and deferred income 899 13,321
63,137 103,080

8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax
Accelerated capital allowances 65 79
Investment property revaluations 360,112 360,112
360,177 360,191

Deferred
tax
£   
Balance at 1 April 2024 360,191
Accelerated capital allowances (14 )
Balance at 31 March 2025 360,177

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
13,500 Ordinary £1 13,500 13,500
2,500 8% Preference £1 2,500 2,500
16,000 16,000

10. ULTIMATE CONTROLLING PARTY

The company is under the control of the board of directors.