REGISTERED NUMBER: 01091736 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Molesmith Tunnels Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J E Smith

M J J Smith

Mrs R A Pritchard

S C Smith

SECRETARY:

Mrs J E Smith

REGISTERED OFFICE:

Molehouse

Church Lane

Peppard

Oxfordshire

RG9 5JN

REGISTERED NUMBER:

01091736 (England and Wales)

FIXED ASSETS

Tangible assets

4

500,000

500,000

CURRENT ASSETS

Debtors

5

800

300

Cash at bank

55,000

39,224

55,800

39,524

CREDITORS

Amounts falling due within one year

6

78,693

79,762

NET CURRENT LIABILITIES

(22,893

)

(40,238

)

TOTAL ASSETS LESS CURRENT LIABILITIES

477,107

459,762

CREDITORS

Amounts falling due after more than one year

7

86,311

86,311

NET ASSETS

390,796

373,451

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Revaluation reserve

8

345,244

345,244

Retained earnings

44,552

27,207

390,796

373,451

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 18 October 2025 and were signed on its behalf by:

Mrs J E Smith - Director

1.	STATUTORY INFORMATION

Molesmith Tunnels 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1 July 2024

and 30 June 2025

500,000

NET BOOK VALUE

At 30 June 2025

500,000

At 30 June 2024

500,000

Included in cost or valuation of land and buildings is freehold land of £ 500,000 (2024 - £ 500,000 ) which is not depreciated.

Cost or valuation at 30 June 2025 is represented by:

Land and

buildings

£

Valuation in 2020

500,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

800

300

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Taxation and social security

4,068

4,389

Other creditors

74,625

75,373

78,693

79,762

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Taxation and social security

86,311

86,311

8.

RESERVES

Revaluation

reserve

£

At 1 July 2024

and 30 June 2025

345,244