REGISTERED NUMBER: 05154820 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 OCTOBER 2024

FOR

CAMARGUE MONKS BROOK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

7

DIRECTOR:

Mr R T Sperring

REGISTERED OFFICE:

1st Floor

Chilworth Point

1 Chilworth Road

Southampton

Hampshire

SO16 7JQ

REGISTERED NUMBER:

05154820 (England and Wales)

ACCOUNTANTS:

Rothmans LLP

Chartered Accountants

Chilworth Point

1 Chilworth Road

Southampton

SO16 7JQ

FIXED ASSETS

Investments

4

105

105

Investment property

5

586,207

586,207

586,312

586,312

CURRENT ASSETS

Debtors

6

1,120,344

1,095,592

Cash at bank

12,713

14,858

1,133,057

1,110,450

CREDITORS

Amounts falling due within one year

7

1,118,418

1,114,293

NET CURRENT ASSETS/(LIABILITIES)

14,639

(3,843

)

TOTAL ASSETS LESS CURRENT LIABILITIES

600,951

582,469

CREDITORS

Amounts falling due after more than one year

8

203,341

241,229

NET ASSETS

397,610

341,240

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

(58,793

)

(58,793

)

Retained earnings

456,303

399,933

SHAREHOLDERS' FUNDS

397,610

341,240

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 October 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 24 October 2025 and were signed by:

Mr R T Sperring - Director

1.	STATUTORY INFORMATION

Camargue Monks Brook 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 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.

PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS

The financial statements contain information about Camargue Monks Brook Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

INVESTMENT PROPERTY

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Investment property is carried at fair value determined by the director, professional external valuers may be used as and when the directors feel it is necessary. Fair value is derived from current market rents and investment property yields from comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. The directors continuously monitor the fair value of the property and if a material movement occurs this will be included in the financial statements. Changes in fair value are recognised in the profit and loss. No depreciation is provided.

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

Fixed asset investments are stated at cost less provision for impairment.

SHORT-TERM DEBTORS AND CREDITORS

Debtors and creditors receivable and payable within one year or upon demand are recorded at transaction price whether or not a rate of interest is charged on the balance.

REVENUE RECOGNITION

Turnover includes rents receivable recognised on an accruals basis, in relation to the rental of investment property.

Revenue is recognised when the amount of revenue can be measured reliably and it is probable that the economic benefits associated with the transaction will flow to the entity.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 31 October 2023

and 30 October 2024

105

NET BOOK VALUE

At 30 October 2024

105

At 30 October 2023

105

Equity investments in subsidiary undertakings are carried at cost less any provision for impairment. The company assesses its investments for impairment whenever events or changes in circumstances indicate that the carrying amount of an investment may not be recoverable. If such an indication of impairment exists, the director make an estimate of the investment's recoverable value. Where the carrying amount exceeds its recoverable value, the investment is considered impaired and is written down to its recoverable value.

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 31 October 2023

and 30 October 2024

586,207

NET BOOK VALUE

At 30 October 2024

586,207

At 30 October 2023

586,207

Fair value at 30 October 2024 is represented by:

£

Valuation in 2012

(30,000

)

Valuation in 2022

16,207

Cost

600,000

586,207

The investment property was valued on 30 October 2024 at fair value as determined by the director. Details on the assumptions made are given in note 2.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

242,393

236,922

Amounts owed by group

undertakings

138,373

138,373

Directors' current accounts

736,503

720,297

Prepayments

3,075

-

1,120,344

1,095,592

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

20,657

21,554

Trade creditors

33,390

32,802

Amounts owed to group undertakings

979,927

980,734

Tax

69,309

64,039

VAT

4,060

4,144

Other creditors

2,125

2,125

Accrued expenses

1,180

2,224

Deferred income

7,770

6,671

1,118,418

1,114,293

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

23,336

23,856

Bank loans - 2-5 years

89,780

87,995

Bank loans more than 5 years

88,225

127,378

Other creditors

2,000

2,000

203,341

241,229

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

88,225

127,378

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

221,998

260,783

The loans are secured on the investment properties purchased during 2009.

10.	CAPITAL COMMITMENTS

At 30 October 2024 the company had no contractual commitments for the acquisition of fixed assets (31 October 2023: £nil).

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the beginning of the year the Director owed £720,297 to the company. During the year there were no withdrawals and the interest charged was £16,206 which was charges at commercial rates. An amount of £736,503 was owed to the company at the balance sheet date.

12.	RELATED PARTY DISCLOSURES

At the beginning and end of the year, the company was owed amounts totalling £130,828 from associated companies. At the beginning and end of the year, the company was owed amounts totalling £7,545 from group companies. These sums are unsecured and repayable upon demand, with no interest charged.

At the beginning and end of the year, the company owed associated companies £169,337. At the beginning of the year, the company owed group companies £811,397. During the year various transactions took place and as a result of this the company owed group companies £810,590 at the balance sheet date. The loans are repayable on demand, no interest is being charged and no security has been provided by the company.

13.	PARENT UNDERTAKING

The parent company is Sheriol Thirty-Two Limited whose registered office and principal place of business is 1st Floor Chilworth Point, 1 Chilworth Road, Southampton, SO16 7JQ.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Camargue Monks Brook Limited for the year ended 30 October 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Camargue Monks Brook Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Camargue Monks Brook Limited and state those matters that we have agreed to state to the director of Camargue Monks Brook Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Camargue Monks Brook Limited and its director for our work or for this report.

It is your duty to ensure that Camargue Monks Brook Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Camargue Monks Brook Limited. You consider that Camargue Monks Brook Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Camargue Monks Brook Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rothmans LLP

Chartered Accountants

Chilworth Point

1 Chilworth Road

Southampton

SO16 7JQ

Date: .............................................