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REGISTERED NUMBER: 00940171 (England and Wales)





FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

COMPTON MANOR ESTATES LIMITED

COMPTON MANOR ESTATES LIMITED (REGISTERED NUMBER: 00940171)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


COMPTON MANOR ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTORS: J M D Cha
A J Day
Y C B Cha
J M Grant
Dr A Cha
Dr E Y Wong





SECRETARY: J M Grant





REGISTERED OFFICE: Third Floor
20 Old Bailey
London
EC4M 7AN





REGISTERED NUMBER: 00940171 (England and Wales)





AUDITORS: Shaw Gibbs (Audit) Limited
Chartered Certified Accountants
Statutory Auditor
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

COMPTON MANOR ESTATES LIMITED (REGISTERED NUMBER: 00940171)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,274,109 1,465,193
Investments 5 152 152
1,274,261 1,465,345

CURRENT ASSETS
Stocks 591,222 546,477
Debtors 6 2,374,562 2,645,923
Cash at bank and in hand 1,314,287 633,249
4,280,071 3,825,649
CREDITORS
Amounts falling due within one year 7 1,105,412 807,194
NET CURRENT ASSETS 3,174,659 3,018,455
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,448,920

4,483,800

CREDITORS
Amounts falling due after more than one
year

8

(667,651

)

(680,026

)

PROVISIONS FOR LIABILITIES (260,631 ) (277,801 )
NET ASSETS 3,520,638 3,525,973

CAPITAL AND RESERVES
Called up share capital 2,100,000 2,100,000
Retained earnings 1,420,638 1,425,973
3,520,638 3,525,973

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 26th August 2025 and were signed on its behalf by:





A J Day - Director


COMPTON MANOR ESTATES LIMITED (REGISTERED NUMBER: 00940171)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024


1. STATUTORY INFORMATION

Compton Manor Estates 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 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.

Income is recognised in the period to which it relates and is deferred when received in advance for the following accounting year. Arable turnover is recognised once the crop is harvested and sold.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 30% reducing balance, 10% on cost, 5% on cost, 4% on cost, 2.5% on cost, 10% straight line, 10% - 30% reducing balance, Straight line over 15 years and Straight line over 5 years

Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
On the arable enterprise amounts spent in preparing land for growing crops to be harvested in the following accounting year - including seeds, fertilisers, sprays, machinery & labour are called tillages. These are treated as stock and valued at cost.

All other items are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.

Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition.

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.


COMPTON MANOR ESTATES LIMITED (REGISTERED NUMBER: 00940171)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 10 ) .

COMPTON MANOR ESTATES LIMITED (REGISTERED NUMBER: 00940171)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1st January 2024 1,041,282 2,223,099 131,341 3,395,722
Additions 2,094 18,990 12,788 33,872
At 31st December 2024 1,043,376 2,242,089 144,129 3,429,594
DEPRECIATION
At 1st January 2024 510,700 1,297,926 121,903 1,930,529
Charge for year 36,386 184,536 4,034 224,956
At 31st December 2024 547,086 1,482,462 125,937 2,155,485
NET BOOK VALUE
At 31st December 2024 496,290 759,627 18,192 1,274,109
At 31st December 2023 530,582 925,173 9,438 1,465,193

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Unlisted trade investments 152 152

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 162,827 228,655
Amounts owed by group undertakings 693,502 -
Other debtors 443 763,097
Tax - 2,500
Prepayments and accrued income 130,785 144,660
987,557 1,138,912

Amounts falling due after more than one year:
Amounts owed by group undertakings 1,387,005 -
Other debtors - 1,507,011
1,387,005 1,507,011

Aggregate amounts 2,374,562 2,645,923

COMPTON MANOR ESTATES LIMITED (REGISTERED NUMBER: 00940171)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 12,375 18,580
Trade creditors 98,759 118,574
Amounts owed to group undertakings 373,947 -
Tax 12,250 -
Social security and other taxes 18,840 17,809
VAT 71,287 70,704
Other creditors 13,930 230,798
Accruals and deferred income 504,024 350,729
1,105,412 807,194

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 12,375 24,750
Amounts owed to group undertakings 655,276 -
Other creditors - Shareholders loan - 655,276
667,651 680,026

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 24,750 43,330

The hire purchase agreements are secured on the assets to which they relate.

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Harriet Sergeant FCA (Senior Statutory Auditor)
for and on behalf of Shaw Gibbs (Audit) Limited

11. CAPITAL COMMITMENTS
2024 2023
£    £   
Contracted but not provided for in the
financial statements 116,875 -

12. OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £115,000 (2023: £115,000).

COMPTON MANOR ESTATES LIMITED (REGISTERED NUMBER: 00940171)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


13. RELATED PARTY DISCLOSURES

Included in debtors is a balance of £2,080,507 (2023: £2,269,665) owed by Meadowlea Holdings Limited. Included in creditors is a balance of £86,225 (2023: £nil) owed to Meadowlea Holdings Limited. Due to a restructure in the year this company is now the parent company, in 2023 the shareholders held a material interest.

The company paid for expenses on behalf of Shibley Ltd of £36,991 (2023: £167,950). The amount outstanding at the year end was £287,722 owed to Shibley Ltd (2023: £209,713). Due to a restructure in the year this company is part of the same group, in 2023 shareholders held a material interest in this company.

Included in creditors: amounts falling due after more than one year is a loan taken over by the parent company from the previous shareholders, amounting to £655,276 (2023: £655,276).The loan is payable on demand but is unlikely to be called within the following year.

14. ULTIMATE CONTROLLING PARTY

The company's parent company is Meadowlea Holdings Limited, which is incorporated in the Cayman Islands. The registered office and principal place of business is PO Box 31119, Grand Pavilion, Hibiscus Way, 802 West Bay Road, George Town, Grand Cayman, KY1-1205, Cayman Islands.