REGISTERED NUMBER: 04446867 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2024

for

Bury St. Edmunds Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S P Romaine

REGISTERED OFFICE:

167-169

Great Portland Street, 5th Floor

London

Suffolk

W1W 5PF

REGISTERED NUMBER:

04446867 (England and Wales)

ACCOUNTANTS:

Sarah Place Accountants Ltd

Unit 4b

Boldero Road

Bury St Edmunds

Suffolk

IP32 7BS

FIXED ASSETS

Property, plant and equipment

4

3,580,800

3,824,393

Investments

5

873,154

1,480,704

4,453,954

5,305,097

CURRENT ASSETS

Debtors

6

137,112

149,528

Cash at bank

43,404

1,094

180,516

150,622

CREDITORS

Amounts falling due within one year

7

607,901

365,191

NET CURRENT LIABILITIES

(427,385

)

(214,569

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,026,569

5,090,528

CREDITORS

Amounts falling due after more than one year

8

(2,348,350

)

(2,746,115

)

PROVISIONS FOR LIABILITIES

(15,732

)

(274,265

)

NET ASSETS

1,662,487

2,070,148

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

10

1,586,489

1,681,239

Retained earnings

75,898

388,809

1,662,487

2,070,148

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 7 October 2025 and were signed by:

S P Romaine - Director

1.	STATUTORY INFORMATION

Bury St. Edmunds Investments 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.

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

Revenue 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

not provided

Plant and machinery etc

-

25% on cost and 25% on reducing balance

It is the company's practice to maintain its freehold buildings in a continual state of sound repair and to make improvements thereto from time to time. Accordingly the director's assessment of the lives of these assets and their residual value is such that any depreciation relating thereto would be immaterial. Consequently no charge for depreciation is made.

Investments in subsidiaries

Investments in associated companies are recognised at cost.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 June 2023

3,744,500

129,566

3,874,066

Additions

-

31,077

31,077

Disposals

(339,500

)

-

(339,500

)

Revaluations

93,000

-

93,000

At 31 May 2024

3,498,000

160,643

3,658,643

DEPRECIATION

At 1 June 2023

-

49,673

49,673

Charge for year

-

28,170

28,170

At 31 May 2024

-

77,843

77,843

NET BOOK VALUE

At 31 May 2024

3,498,000

82,800

3,580,800

At 31 May 2023

3,744,500

79,893

3,824,393

Cost or valuation at 31 May 2024 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2019

1,048,489

-

1,048,489

Valuation in 2022

130,000

-

130,000

Valuation in 2023

315,000

-

315,000

Valuation in 2025

93,000

-

93,000

Cost

1,911,511

160,643

2,072,154

3,498,000

160,643

3,658,643

If freehold properties had not been revalued they would have been included at the following historical cost:

31.5.24

31.5.23

£

£

Cost

1,911,511

1,911,511

Value of land in freehold land and buildings

637,170

637,170

Freehold land and buildings were valued on an open market basis on 31 May 2024 by the director .

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST OR VALUATION

At 1 June 2023

and 31 May 2024

71,895

DEPRECIATION

At 1 June 2023

and 31 May 2024

17,974

NET BOOK VALUE

At 31 May 2024

53,921

At 31 May 2023

53,921

5.	FIXED ASSET INVESTMENTS

31.5.24

31.5.23

£

£

Shares in group undertakings

500

500

Loans to group undertakings

872,654

877,304

Other investments not loans

-

602,900

873,154

1,480,704

Additional information is as follows:

Share in

associated

Other

companies

investments

Totals

£

£

£

COST OR VALUATION

At 1 June 2023

500

602,900

603,400

Disposals

-

(602,900

)

(602,900

)

At 31 May 2024

500

-

500

NET BOOK VALUE

At 31 May 2024

500

-

500

At 31 May 2023

500

602,900

603,400

Cost or valuation at 31 May 2024 is represented by:

Share in

associated

companies

£

Cost

500

If fixed asset investments had not been revalued they would have been included at the following historical cost:

31.5.24

31.5.23

£

£

Cost

150,500

150,500

Fixed asset investments were valued on an open market basis on 31 May 2024 by the director .

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Associated companies

Bury St Edmunds Construction Limited

Registered office: Unit 4b, Boldero Road, Bury St Edmunds, Suffolk, IP32 7BS

Nature of business: Dormant company

%

Class of shares:

holding

Ordinary

100.00

31.5.24

31.5.23

£

£

Aggregate capital and reserves

100

100

Bury St Edmunds Management Limited

Registered office: Unit 4b, Boldero Road, Bury St Edmunds, Suffolk, IP32 7BS

Nature of business: Dormant company

%

Class of shares:

holding

Ordinary

100.00

31.5.24

31.5.23

£

£

Aggregate capital and reserves

100

100

Bury St Edmunds Holdings Limited

Registered office: Unit 4b, Boldero Road, Bury St Edmunds, Suffolk, IP32 7BS

Nature of business: Property investment company

%

Class of shares:

holding

Ordinary

100.00

31.5.24

31.5.23

£

£

Aggregate capital and reserves

100

100

Profit for the year

6,615

1,883

Bury St Edmunds Logistics Limited

Registered office: Unit 4b, Boldero Road, Bury St Edmunds, Suffolk, IP32 7BS

Nature of business: Dormant company

%

Class of shares:

holding

Ordinary

100.00

31.5.24

31.5.23

£

£

Aggregate capital and reserves

100

100

Bury St Edmunds Group Limited

Registered office: Unit 4b, Boldero Road, Bury St Edmunds, Suffolk, IP32 7BS

Nature of business: Dormant company

%

Class of shares:

holding

Ordinary

100.00

31.5.24

31.5.23

£

£

Aggregate capital and reserves

100

100

Loans to

associated

companies

£

At 1 June 2023

877,304

Repayment in year

(4,650

)

At 31 May 2024

872,654

The company owns shares in a related company Bury St Edmunds Holdings Ltd this company has made substantial profits in the year and has a balance sheet value of £101,067.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.24

31.5.23

£

£

Trade debtors

110,905

1,831

Other debtors

26,207

147,697

137,112

149,528

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.24

31.5.23

£

£

Bank loans and overdrafts

10,750

10,750

Hire purchase contracts

22,412

17,840

Taxation and social security

11,972

29,847

Other creditors

562,767

306,754

607,901

365,191

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.24

31.5.23

£

£

Bank loans

2,265,325

2,659,728

Hire purchase contracts

83,025

86,387

2,348,350

2,746,115

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

2,265,325

2,659,728

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.24

31.5.23

£

£

Bank loans

2,276,075

2,670,478

The various banks funding the company have general security charges in respect of any bank overdrafts and loans against all the freehold investment properties and also the development property owned by the company.

10.

RESERVES

Fair

value

reserve

£

At 1 June 2023

1,681,239

Revaluation in year

(94,750

)

At 31 May 2024

1,586,489

11.	RELATED PARTY DISCLOSURES