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Registration number: 02667540

Estate Resources & Management Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 March 2025

Chartered Accountants

Estate Resources & Management Limited

Contents

Company Information | 1
Accountants' Report | 2
Balance Sheet | 3
Notes to the Unaudited Financial Statements | 4 to 8

Estate Resources & Management Limited

Company Information

Directors | Mr W E Riddle Mr N D Ross

Company secretary | Mrs J Fidler

Registered office | Energy Site Control Centre Arena Way Wimborne Dorset BH21 3BW

Accountants | Edwards and Keeping Limited Chartered Accountants Unity Chambers 34 High East Street Dorchester Dorset DT1 1HA

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Estate Resources & Management Limitedfor the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Estate Resources & Management Limited for the year ended 31 March 2025 as set out on pages 3 to 8 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 at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Estate Resources & Management Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Estate Resources & Management Limited and state those matters that we have agreed to state to the Board of Directors of Estate Resources & Management Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Estate Resources & Management Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Estate Resources & Management Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Estate Resources & Management Limited. You consider that Estate Resources & Management 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 accounts of Estate Resources & Management 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 accounts.

Edwards and Keeping Limited
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

10 November 2025

Estate Resources & Management Limited

(Registration number: 02667540)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 1 | 1
Tangible assets | 5 | 455,353 | 455,353
|  | 455,354 | 455,354
Current assets |  |  |
Debtors | 6 | 3,445,989 | 7,279,956
Cash at bank and in hand |  | 565,358 | 663,235
|  | 4,011,347 | 7,943,191
Creditors: Amounts falling due within one year | 7 | (2,020,046) | (6,014,980)
Net current assets |  | 1,991,301 | 1,928,211
Net assets |  | 2,446,655 | 2,383,565
Capital and reserves |  |  |
Called up share capital | 9 | 400,000 | 400,000
Retained earnings |  | 2,046,655 | 1,983,565
Shareholders' funds |  | 2,446,655 | 2,383,565

For the financial year ending 31 March 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 Profit and Loss Account.

Approved and authorised by the Board on 6 November 2025 and signed on its behalf by:

Mr W E Riddle

Director

Estate Resources & Management Limited

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

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Energy Site Control Centre
Arena Way
Wimborne
Dorset
BH21 3BW
England

These financial statements were authorised for issue by the Board on 6 November 2025.

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current 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 stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Estate Resources & Management Limited

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

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Freehold Land | Not depreciated
Freehold Buildings | Not depreciated
Long leasehold and buildings | Over 125 year lease
Plant and machinery | 15%-20% p.a. straight line basis (10% residual value)

Depreciation is not provided on freehold land and buildings as the freehold property is maintained in a continual state of sound repair and has a residual value not materially different from the amount that the property is included in the accounts.

The depreciation method was amended for leasehold property from 2-20% straight line to over the remaining 125 lease as this better reflects the useful economic life.
The depreciation method in relation to freehold property was changed from 2% straight line depreciation to no depreciation required to better reflect the estimated economic life of the property.

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | Over its useful economic life of 5 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, 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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Estate Resources & Management Limited

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

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

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

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 April 2024 | 109,805 | 109,805
At 31 March 2025 | 109,805 | 109,805
Amortisation
At 1 April 2024 | 109,804 | 109,804
At 31 March 2025 | 109,804 | 109,804
Carrying amount
At 31 March 2025 | 1 | 1
At 31 March 2024 | 1 | 1

Estate Resources & Management Limited

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

5 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 April 2024 | 467,242 | 2,165 | 469,407
At 31 March 2025 | 467,242 | 2,165 | 469,407
Depreciation
At 1 April 2024 | 12,389 | 1,665 | 14,054
At 31 March 2025 | 12,389 | 1,665 | 14,054
Carrying amount
At 31 March 2025 | 454,853 | 500 | 455,353
At 31 March 2024 | 454,853 | 500 | 455,353

By a contract dated 22.11.21 the leasehold interest of the Company together with relevant options over Freehold land were committed to a consortium sale. The leasehold interest of the Company has been reduced to £1.

Included within the net book value of land and buildings above is £454,852 (2024 - £454,852) in respect of freehold land and buildings and £1 (2024 - £1) in respect of long leasehold land and buildings.

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 11,716 | 7,758
Prepayments | 2,307 | 230
Other debtors | 3,431,966 | 7,271,968
| 3,445,989 | 7,279,956

The proceeds of the sale of property to an unconnected party (included within other debtors) are payable annually commencing 22.8.22.

Estate Resources & Management Limited

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

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 9,919 | 2,018
Social security and other taxes |  | - | 1,708
Other payables |  | 2,003,437 | 6,007,854
Accruals |  | 2,000 | 3,400
Coporation tax payable |  | 4,690 | -
|  | 2,020,046 | 6,014,980

8 | Parent and ultimate parent undertaking

The ultimate parent is W H W Holdings Limited, incorporated in United Kingdom.

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 400,000 | 400,000 | 400,000 | 400,000