Saxton Mee Holdings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12699692

Saxton Mee Holdings Limited

Filleted Unaudited Abridged Financial Statements

30 April 2025

Saxton Mee Holdings Limited

Abridged Financial Statements

Year Ended 30 April 2025

Contents	Pages

Abridged statement of financial position	1 to 2

Notes to the abridged financial statements	3 to 5

Saxton Mee Holdings Limited

Abridged Statement of Financial Position

30 April 2025

	2025		2024
Note	£	£	£

Fixed Assets

Investments	5		761,938	426,948

Current Assets

Debtors	–	33,752
Cash at bank and in hand	8,194	28,429
	-------	--------
	8,194	62,181

Creditors: amounts falling due within one year	116,491		92,713
	---------		--------
Net Current Liabilities		108,297	30,532
		---------	---------
Total Assets Less Current Liabilities		653,641	396,416

Creditors: amounts falling due after more than one year	238,737	103,555
	---------	---------
Net Assets	414,904	292,861
	---------	---------

Capital and Reserves

Called up share capital	6	100	100
Profit and loss account		414,804	292,761
		---------	---------
Shareholders Funds		414,904	292,861
		---------	---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.

For the year ending 30 April 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 abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Saxton Mee Holdings Limited

Abridged Statement of Financial Position (continued)

30 April 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 27 October 2025 , and are signed on behalf of the board by:

Mr G Ashmore

Director

Company registration number: 12699692

Saxton Mee Holdings Limited

Notes to the Abridged Financial Statements

Year Ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 91-97 Saltergate, Chesterfield, S40 1LA, England.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Revenue recognition

Turnover is rent receivable in the period.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Investment property

Investment property is carried at fair value determined annually. No depreciation is provided. Changes in fair value are recognised in the profit and loss for the period.

Investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.

Impairment of fixed assets

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.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

4. Employee numbers

Employee numbers during the year including directors: 2 (2024: 2)

5. Investments

	Shares in group undertakings	Investment Property	Total
	£	£	£
Cost
At 1 May 2024	236,801	190,147	426,948
Additions	125,000	209,990	334,990
	---------	---------	---------
At 30 April 2025	361,801	400,137	761,938
	---------	---------	---------
Impairment
At 1 May 2024 and 30 April 2025	–	–	–
	---------	---------	---------

Carrying amount
At 30 April 2025	361,801	400,137	761,938
	---------	---------	---------
At 30 April 2024	236,801	190,147	426,948
	---------	---------	---------

The fair value of the properties were made in the year by the directors, who have experience in the location and class of properties, on an open market value for existing use basis. No further input from an independent valuer was deemed to be required.

6. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 1 each	55	55	55	55
Ordinary B shares of £ 1 each	30	30	30	30
Ordinary C shares of £ 1 each	15	15	15	15
	----	----	----	----
	100	100	100	100
	----	----	----	----

7. Directors' advances, credits and guarantees

During the year, the directors repaid the outstanding loans as follows:

	Balance at 1 May 2024	Advanced during the year	Repaid during the year	Balance at 30 Aprl 2025
	£	£	£	£
Directors	33,752	–	(47,252)	(13,500)

Interest has been charged at the official rate.

8. Related party transactions

During the year the company received loans from entities under common control. The balances at 30 April were as follows:

	2025	2024
	£
Entities under common control	91,487	83,335

All transactions were undertaken under normal market conditions.