REGISTERED NUMBER: 01300739 (England and Wales)

PROCTER ( BORDLEY ) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page

Balance Sheet

1

to

2

Notes to the Financial Statements

3

to

6

FIXED ASSETS

Intangible assets

4

45,000

45,000

Investments

5

-

165,056

Investment properties

6

6,666,372

6,527,735

6,711,372

6,737,791

CURRENT ASSETS

Debtors

7

20,549

9,740

Cash at bank

56,007

17,870

76,556

27,610

CREDITORS

Amounts falling due within one year

8

405,024

399,130

NET CURRENT LIABILITIES

(328,468

)

(371,520

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,382,904

6,366,271

CREDITORS

Amounts falling due after more than one year

9

(672

)

(1,014

)

PROVISIONS FOR LIABILITIES

(969,271

)

(979,137

)

NET ASSETS

5,412,961

5,386,120

CAPITAL AND RESERVES

Called up share capital

322,540

322,540

Share premium

881,296

881,296

Legacy account

210,000

210,000

Non distributable reserves

10

2,387,779

2,377,913

Distributable reserves

1,611,346

1,594,371

SHAREHOLDERS' FUNDS

5,412,961

5,386,120

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 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 9th October 2025 and were signed on its behalf by:

P R P Chadwick - Director

1.	STATUTORY INFORMATION

Procter ( Bordley ) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01300739

Registered office:

Hathenshaw Farm

Hathenshaw Lane

Denton

Ilkley

West Yorkshire

LS29 0HR

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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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

At the time of signing these accounts, having considered the economic climate, the directors expectations and intentions for the next 12 months, and the availability of working capital, the directors are of the opinion that the company will remain viable for the foreseeable future and accordingly these financial statements have been prepared on the going concern basis.

Turnover

Turnover represents rental income invoiced to third parties and is recorded net of value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Shooting rights are being amortised evenly over their estimated useful life of nil years.

Fishing rights are being amortised evenly over their estimated useful life of nil years.

Financial instruments

The company only enters into transactions in 'basic' financial instruments which result in the recognition of assets and liabilities; these include trade and other debtors and creditors, bank balances, loans from banks and other third parties, and loans to related parties. These are recognised in the company's balance sheet when it becomes party to the contractual provisions of the instrument.

Basic financial assets (other than those classified as payable within one year) are initially measured at cost and are subsequently carried at cost or amortised cost using the effective interest method, less any impairment losses. Basic financial assets classed as receivable within one year are not amortised.

Basic financial liabilities (other than those classified as payable within one year) are initially measured at present value of future cash flows and subsequently at amortised cost using the effective interest method. Basic financial liabilities classed as payable within one year are not amortised.

Financial assets and liabilities are offset, with the net amount reported in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Investments

Investments for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

Government grants

Government grants on capital expenditure are credited to a deferral account and are released to revenue over 25 years by equal annual instalments.

Grants of a revenue nature are credited to income in the period to which they relate.

Irrecoverable vat

Input VAT which cannot be recovered is included as part of the cost of the expense involved.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Shooting

Fishing

rights

rights

Totals

£

£

£

COST OR VALUATION

At 1st April 2024

and 31st March 2025

25,000

20,000

45,000

NET BOOK VALUE

At 31st March 2025

25,000

20,000

45,000

At 31st March 2024

25,000

20,000

45,000

Cost or valuation at 31st March 2025 is represented by:

Shooting

Fishing

rights

rights

Totals

£

£

£

Valuation in 2025

25,000

20,000

45,000

Totals

£

Cost or valuation at 31st March 2025 is represented by:

Valuation

45,000

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st April 2024

165,056

Disposals

(165,056

)

At 31st March 2025

-

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

165,056

6.	INVESTMENT PROPERTIES

Total

£

FAIR VALUE

At 1st April 2024

6,527,735

Additions

138,637

At 31st March 2025

6,666,372

NET BOOK VALUE

At 31st March 2025

6,666,372

At 31st March 2024

6,527,735

Fair value at 31st March 2025 is represented by:

£

Valuation in 1992

222,451

Valuation in 1996

4,000

Valuation in 1997

178,952

Valuation in 1998

44,087

Valuation in 2002

105,118

Valuation in 2007

550,690

Valuation in 2013

2,090,428

Valuation in 2016

1,692,472

Valuation in 2021

120,082

Cost

1,658,092

6,666,372

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

2025

2024

£

£

Cost

1,658,092

1,483,720

Investment properties were valued on an open market basis on 16th December 2020 by Davis and Bowring, Chartered Surveyors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

20,549

9,740

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

21,488

15,861

Other creditors

383,536

383,269

405,024

399,130

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

672

1,014

10.

RESERVES

Non

distributable

reserves

£

At 1st April 2024

2,377,913

Deferred tax movement

9,866

At 31st March 2025

2,387,779