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Registration number: 10556027

A & H Estates (South West) Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 January 2025

A & H Estates (South West) Ltd

Contents

Statement of Financial Position | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 8

A & H Estates (South West) Ltd

(Registration number: 10556027)
Statement of Financial Position as at 31 January 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,680,820 | 1,601,744
Current assets |  |  |
Debtors | 5 | 3,000 | 1,800
Cash at bank and in hand |  | 3,376 | 6,295
|  | 6,376 | 8,095
Creditors: Amounts falling due within one year | 6 | (1,116,508) | (1,019,735)
Net current liabilities |  | (1,110,132) | (1,011,640)
Total assets less current liabilities |  | 570,688 | 590,104
Creditors: Amounts falling due after more than one year | 6 | (140,469) | (159,528)
Net assets |  | 430,219 | 430,576
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Profit and loss account |  | 430,119 | 430,476
Shareholders' funds |  | 430,219 | 430,576

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 23 October 2025 and signed on its behalf by:

A & H Estates (South West) Ltd

(Registration number: 10556027)
Statement of Financial Position as at 31 January 2025 (continued)

Mrs Susan Briscoe Director
Mr Kevin Briscoe Director

Approved and authorised by the Board on 23 October 2025 and signed on its behalf by:

......................................... Mrs Susan Briscoe Director | ......................................... Mr Kevin Briscoe Director |

A & H Estates (South West) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Westcotts
Plym House, 3 Longbridge Road
Marsh Mills
Plymouth
Devon
PL6 8LT

Principal activity

The principal activity of the company is that of property rental and development.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis.

A & H Estates (South West) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

2 | Accounting policies (continued)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

A & H Estates (South West) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

2 | Accounting policies (continued)

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Investment property - Not being depreciated
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the statement of comprehensive income over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

A & H Estates (South West) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

4 | Tangible assets

| Investment property £ | Total £
Cost or valuation
At 1 February 2024 | 1,601,744 | 1,601,744
Additions | 79,076 | 79,076
At 31 January 2025 | 1,680,820 | 1,680,820
Depreciation
At 1 February 2024 | - | -
Charge for the year | - | -
At 31 January 2025 | - | -
Carrying amount
At 31 January 2025 | 1,680,820 | 1,680,820
At 31 January 2024 | 1,601,744 | 1,601,744

It is of the directors opinion the carrying value is consistent with the fair value.

5 | Debtors

| 2025 £ | 2024 £
Other debtors | 3,000 | 1,800
| 3,000 | 1,800

A & H Estates (South West) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 15,000 | 15,000
Accruals and deferred income |  | 5,485 | 5,225
Other creditors |  | 1,096,023 | 999,510
|  | 1,116,508 | 1,019,735

The loan is secured by a legal charge over the freehold property and a debenture over all other assets of the company.

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 140,469 | 159,528

Included within creditors: amounts falling due after more than one year is an amount of £80,469 (2024: £99,528) in respect of liabilities payable or repayable otherwise than by instalments which fall due for payment after more than five years from the reporting date.

7 | Reserves

Profit and loss account:
This reserve records retained earnings and accumulated losses.

A & H Estates (South West) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 140,469 | 159,528

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 15,000 | 15,000

9 | Related party transactions

2025 | At 1 February 2024 £ | Advances to director £ | Repayments by director £ | At 31 January 2025 £
Directors | (617,566) | (451,210) | 392,698 | (676,078)

2024 | At 1 February 2023 £ | Advances to director £ | Repayments by director £ | At 31 January 2024 £
Directors | (599,632) | (243,090) | 225,156 | (617,566)