REGISTERED NUMBER: 05074807 (England and Wales)

Unaudited Financial Statements

for the Year Ended 5 April 2025

for

Verdant and Bright Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A D Stewart

Mrs P K Stewart

REGISTERED OFFICE:

Carlton House

High Street

Higham Ferrers

Northamptonshire

NN10 8BW

REGISTERED NUMBER:

05074807 (England and Wales)

ACCOUNTANTS:

Willsons

Chartered Accountants

Carlton House

High Street

Higham Ferrers

Northamptonshire

NN10 8BW

FIXED ASSETS

Investment property

4

1,120,000

1,105,000

CURRENT ASSETS

Debtors

5

1,000

1,000

Cash at bank

15,789

5,192

16,789

6,192

CREDITORS

Amounts falling due within one year

6

596,315

621,241

NET CURRENT LIABILITIES

(579,526

)

(615,049

)

TOTAL ASSETS LESS CURRENT LIABILITIES

540,474

489,951

PROVISIONS FOR LIABILITIES

64,111

60,361

NET ASSETS

476,363

429,590

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Non-distributable reserve

7

276,419

265,169

Retained earnings

7

198,944

163,421

SHAREHOLDERS' FUNDS

476,363

429,590

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 28 November 2025 and were signed on its behalf by:

A D Stewart - Director

1.	STATUTORY INFORMATION

Verdant and Bright 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.

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.

The deferred tax liability on the balance sheet reflects the potential tax liability on the disposal of the investment properties at their fair value.

Income

This is derived from property rentals received during the period.

Investment properties

These are shown at fair value reflecting the directors' valuation at the balance sheet date. Any change in fair value is shown within the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 6 April 2024

1,105,000

Revaluations

15,000

At 5 April 2025

1,120,000

NET BOOK VALUE

At 5 April 2025

1,120,000

At 5 April 2024

1,105,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Other debtors

1,000

1,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Amounts owed to group undertakings

564,713

589,686

Corporation Tax

4,567

5,199

Other creditors

591

-

Directors' current accounts

24,644

24,556

Accrued expenses

1,800

1,800

596,315

621,241

7.

RESERVES

Retained

Non-distributable

earnings

reserve

Totals

£

£

£

At 6 April 2024

163,421

265,169

428,590

Profit for the year

46,773

-

46,773

Property revaluation

(11,250

)

11,250

-

At 5 April 2025

198,944

276,419

475,363

The Non-distributable reserve reflects the fair value movements in the investment properties, as adjusted for the deferred tax effect.This reserve is not available for dividend distributions.

8.	RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary. The parent company is controlled by A D Stewart and Mrs P K Stewart and therefore transactions with this company need not be disclosed.