Eagle Hall Estates Limited


Directors	M G Chennells
	P E Chennells
	K J Leddington-Hill
	B T Wills


Company Secretary	C F Overton


Registered Address	The Estate Office Eagle Hall
	Swinderby
	Lincoln
	LN6 9HZ


Registered Number	04419400 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		45,501,255		45,154,255
Investments	4		23,300		23,300
			45,524,555		45,177,555
Current assets
Debtors	5	68,151		64,274
		68,151		64,274
Creditors amounts falling due within one year	6	(480,637)		(438,262)
Net current assets (liabilities)			(412,486)		(373,988)
Total assets less current liabilities			45,112,069		44,803,567
Creditors amounts falling due after one year	7		(2,962,119)		(3,174,410)
Provisions for liabilities	8		(4,948,152)		(4,856,402)
Net assets			37,201,798		36,772,755
Capital and reserves
Called up share capital			8,300		8,300
Revaluation reserve			25,884,209		25,608,959
Profit and loss account			11,309,289		11,155,496
Shareholders' funds			37,201,798		36,772,755

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 26 November 2025, and are signed on its behalf by:

M G Chennells
Director
Registered Company No. 04419400

Eagle Hall Estates Limited

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. The land and buildings are regularly valued by a professional valuer and any changes in the fair value are recorded in the revaluation reserve.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Land & buildings	Total
	£	£
Cost or valuation
At 01 April 24	45,154,255	45,154,255
Revaluations	367,000	367,000
Disposals	(20,000)	(20,000)
At 31 March 25	45,501,255	45,501,255
Net book value
At 31 March 25	45,501,255	45,501,255
At 31 March 24	45,154,255	45,154,255


	The land and buildings were professionally valued at 31st March 2025.

4.	Fixed asset investments

	Investments in groups¹	Other investments²	Total
	£	£	£
Cost or valuation
At 01 April 24	8,300	15,000	23,300
At 31 March 25	8,300	15,000	23,300
Net book value
At 31 March 25	8,300	15,000	23,300
At 31 March 24	8,300	15,000	23,300

	Notes
	¹Investments in group undertakings and participating interests ²Other investments other than loans

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	48,406	63,950
Other debtors	19,745	324
Total	68,151	64,274

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	204	3,695
Bank borrowings and overdrafts	254,843	255,642
Amounts owed to related parties	67,764	95,022
Taxation and social security	36,324	11,742
Other creditors	105,907	55,674
Accrued liabilities and deferred income	15,595	16,487
Total	480,637	438,262


	The bank borrowings and overdrafts are secured creditors.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	2,962,119	3,174,410
Total	2,962,119	3,174,410


	The bank borrowings and overdrafts are secured creditors.

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	4,948,152	4,856,402
Total	4,948,152	4,856,402

9.	Related party transactions
	The company lets land and buildings to its subsidiary, G.H. Chennells (Farms) Limited for a nominal rent under a Farm Business Tenancy. A loan account exists between the company and its subsidiary. At the year end, the amount due to G.H. Chennells (Farms) Limited was £67,764 (2024 - £95,022).