Company No: 11670913 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	37,122,922		37,119,927
		37,122,922		37,119,927
Current assets
Debtors	4	2,778,102		1,191,636
Cash at bank and in hand		1,049,434		747,278
		3,827,536		1,938,914
Creditors: amounts falling due within one year	5	( 855,547)		( 372,307)
Net current assets		2,971,989		1,566,607
Total assets less current liabilities		40,094,911		38,686,534
Net assets		40,094,911		38,686,534
Capital and reserves
Called-up share capital		10,000		10,000
Share premium account		37,109,928		37,109,928
Profit and loss account		2,974,983		1,566,606
Total shareholder's funds		40,094,911		38,686,534

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 member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Bowmans Cross Ltd (registered number: 11670913) were approved and authorised for issue by the Board of Directors on 09 December 2025. They were signed on its behalf by:

The Earl of Caledon Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Bowmans Cross Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Old Library Chambers, 21 Chipper Lane, Salisbury, Wiltshire, United Kingdom, SP1 1BG.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

Turnover

Turnover represents rental income and mineral royalties receivable for the year and is recognised on an accruals basis in accordance with the relevant rental agreements.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

3. Tangible assets

	Investment property		Total
	£		£
Cost
At 01 April 2024	37,119,927		37,119,927
Additions	2,995		2,995
At 31 March 2025	37,122,922		37,122,922
Accumulated depreciation
At 01 April 2024	0		0
At 31 March 2025	0		0
Net book value
At 31 March 2025	37,122,922		37,122,922
At 31 March 2024	37,119,927		37,119,927

The directors have considered the value as at 31 March 2025 and confirm that there has been no material movement in the value during the year.

4. Debtors

	2025		2024
	£		£
Trade debtors	661,020		635,131
Amounts owed by Parent undertakings	1,962,893		462,893
Prepayments	154,189		93,612
	2,778,102		1,191,636

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	40,454		40,059
Accruals and deferred income	251,133		205,550
Corporation tax	402,566		78,360
Other taxation and social security	160,098		47,042
Other creditors	1,296		1,296
	855,547		372,307