03865928 false Property trading and consultancy 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/2023-12-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2023-12-31 http://www.companieshouse.gov.uk/cd:Director1 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-12-31 http://www.companieshouse.gov.uk/pt:FurnitureFittings 2023-12-31 http://www.companieshouse.gov.uk/pt:FurnitureFittings 2024-12-31 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-12-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2023-12-31 http://www.companieshouse.gov.uk/2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/2023-12-31 http://www.companieshouse.gov.uk/cd:FRS102 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/2024-12-31 http://www.companieshouse.gov.uk/cd:FullAccounts 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 03865928
Exbury Properties Limited
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
Prepared By:
Keith Maslen Associates Limited
187 Hawthorn Crescent
Portsmouth
Hampshire
PO6 2TJ

Exbury Properties Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
DIRECTOR
P G Ancell
REGISTERED OFFICE
Herons Wood, Lockhams Road
Curdridge
Southampton
Hampshire
SO32 2BD
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03865928
ACCOUNTANTS
Keith Maslen Associates Limited
187 Hawthorn Crescent
Portsmouth
Hampshire
PO6 2TJ

Exbury Properties Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
CONTENTS |  |
|  | Page
Director's Report |  | -
Accountants' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

Exbury Properties Limited

BALANCE SHEET AT 31/12/2024
|  |  |  |  |  | 2024 |  |  |  | 2023
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  | 3 |  |  |  | 100,435 |  |  |  | 101,337
Investment Assets |  | 4 |  |  |  | 404,735 |  |  |  | 404,735
|  |  |  |  |  | 505,170 |  |  |  | 506,072
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Stock |  |  |  | 2,040,898 |  |  |  | 2,023,647 |  |
Debtors |  | 6 |  | 13,128 |  |  |  | 3,268 |  |
Cash at bank and in hand |  |  |  | 23,260 |  |  |  | 22,961 |  |
|  |  |  | 2,077,286 |  |  |  | 2,049,876 |  |
CREDITORS: Amounts falling due within one year |  | 7 |  | 752,501 |  |  |  | 762,451 |  |
NET CURRENT ASSETS |  |  |  |  |  | 1,324,785 |  |  |  | 1,287,425
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 1,829,955 |  |  |  | 1,793,497
CREDITORS: Amounts falling due after more than one year |  | 8 |  |  |  | 582,423 |  |  |  | 607,755
NET ASSETS |  |  |  |  |  | 1,247,532 |  |  |  | 1,185,742
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 9 |  |  |  | 2 |  |  |  | 2
Profit and loss account |  |  |  |  |  | 1,247,530 |  |  |  | 1,185,740
SHAREHOLDERS' FUNDS |  |  |  |  |  | 1,247,532 |  |  |  | 1,185,742
For the year ending 31/12/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 01/09/2025 signed on their behalf by |  |  |  |  |  |  |  |  |  |
P G Ancell |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

Exbury Properties Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024

1. ACCOUNTING POLICIES

1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation |  |
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittings |  | reducing balance 15%

1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

1d. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.

2. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2024 |  | 2023
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 1 |  | 1

Exbury Properties Limited

3. TANGIBLE FIXED ASSETS |  |  |  |  |  |
|  | Long Leasehold |  | Fixtures |  |
|  | Properties |  | and Fittings |  | Total
|  | £ |  | £ |  | £
Cost |  |  |  |  |  |
At 01/01/2024 |  | 98,421 |  | 11,621 |  | 110,042
Disposals |  | - |  | (3,881) |  | (3,881)
At 31/12/2024 |  | 98,421 |  | 7,740 |  | 106,161
Depreciation |  |  |  |  |  |
At 01/01/2024 |  | - |  | 8,705 |  | 8,705
Disposals |  | - |  | (3,418) |  | (3,418)
For the year |  | - |  | 439 |  | 439
At 31/12/2024 |  | - |  | 5,726 |  | 5,726
Net Book Amounts |  |  |  |  |  |
At 31/12/2024 |  | 98,421 |  | 2,014 |  | 100,435
At 31/12/2023 |  | 98,421 |  | 2,916 |  | 101,337

4. FINANCIAL ASSETS |  |  |  |
|  | Shares in group companies |  |
|  | and participating interests |  | Total
|  | £ |  | £
Cost |  |  |  |
At 01/01/2024 |  | 404,735 |  | 404,735
At 31/12/2024 |  | 404,735 |  | 404,735
Amortisation |  |  |  |
Net Book Amounts |  |  |  |
At 31/12/2024 |  | 404,735 |  | 404,735
At 31/12/2023 |  | 404,735 |  | 404,735

5. STOCK |  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Stock comprises: |  |  |  |  |  |
Stock and work in progress |  |  |  | 2,040,898 |  | 2,023,647
|  |  |  | 2,040,898 |  | 2,023,647

Exbury Properties Limited

6. DEBTORS |  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Trade debtors |  |  |  | 5,588 |  | 174
Prepayments |  |  |  | 7,540 |  | 3,094
|  |  |  | 13,128 |  | 3,268

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Corporation tax |  |  |  | 21,164 |  | 17,950
Director's current account |  |  |  | 99,137 |  | 15,416
Bank loans |  |  |  | 20,661 |  | 140,227
Mortgages |  |  |  | 5,104 |  | 4,945
Other loans |  |  |  | 88,000 |  | 83,000
Trade creditors |  |  |  | 37,620 |  | 44,356
Accruals |  |  |  | 6,004 |  | 6,814
Amounts due to group companies |  |  |  | 474,811 |  | 449,743
|  |  |  | 752,501 |  | 762,451

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |  |  |  |  |  |
|  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Bank loans (secured) >1yr |  |  |  | 578,540 |  | 599,008
Mortgages >1yr |  |  |  | 3,883 |  | 8,747
|  |  |  | 582,423 |  | 607,755

9. SHARE CAPITAL |  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
2 Ordinary shares of £1 each |  |  |  | 2 |  | 2
|  |  |  | 2 |  | 2