BEMBRIDGE HARBOUR IMPROVEMENTS COMPANY LIMITED

Company Registration Number:
00743063 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

BEMBRIDGE HARBOUR IMPROVEMENTS COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

BEMBRIDGE HARBOUR IMPROVEMENTS COMPANY LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 2,856,680 2,866,300
Total fixed assets: 2,856,680 2,866,300
Current assets
Debtors:   226,816 101,521
Cash at bank and in hand: 176,306 174,653
Total current assets: 403,122 276,174
Creditors: amounts falling due within one year: 4 (832,785) (714,915)
Net current assets (liabilities): (429,663) (438,741)
Total assets less current liabilities: 2,427,017 2,427,559
Creditors: amounts falling due after more than one year: 5 (700,000) (700,000)
Total net assets (liabilities): 1,727,017 1,727,559
Capital and reserves
Called up share capital: 4,000 4,000
Revaluation reserve:61,323,3691,323,369
Other reserves: 2,540 2,540
Profit and loss account: 397,108 397,650
Shareholders funds: 1,727,017 1,727,559

The notes form part of these financial statements

BEMBRIDGE HARBOUR IMPROVEMENTS COMPANY LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 12 December 2025
and signed on behalf of the board by:

Name: M P Thorpe
Status: Director

The notes form part of these financial statements

BEMBRIDGE HARBOUR IMPROVEMENTS COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents invoiced goods and services, excluding VAT

Tangible fixed assets and depreciation policy

Depreciation is provided on all tangible fixed assets, on the reducing balance basis at rates calculated to write off the cost, less estimated residual value over it's expected useful life. Investment properties are included in the Balance Sheet at valuation. Depreciation is only provided on those investment properties which are leasehold and where the unexpired lease term is less than 20 years. In the opinion of the Directors compliance with general requirements of the Companies Act 2006 is unnecessary for the financial statements to give a true and fair view.

Valuation and information policy

The investment properties were professionally valued on an open market basis on 18th November 2008. If valued at original cost the property would have a book value of £1,376,631. The Directors consider the properties to have a current value in excess of the valuation in 2008.

Other accounting policies

Related Party transactions The Company has taken advantage of exemption under the terms of Financial Reporting Standard 102 not to disclose related party transactions.

BEMBRIDGE HARBOUR IMPROVEMENTS COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 22 19

BEMBRIDGE HARBOUR IMPROVEMENTS COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 3,215,333
Additions 17,974
At 31 March 2025 3,233,307
Depreciation
At 01 April 2024 349,033
Charge for year 27,594
At 31 March 2025 376,627
Net book value
At 31 March 2025 2,856,680
At 31 March 2024 2,866,300

BEMBRIDGE HARBOUR IMPROVEMENTS COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

Trade Creditors 26565 Amounts owing to group undertakings 201754 Taxation and Social Security 85615 Other Creditors 446286 Accruals 72565 Total 832785

BEMBRIDGE HARBOUR IMPROVEMENTS COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due after more than one year note

Loan Finance from Holding Company

BEMBRIDGE HARBOUR IMPROVEMENTS COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Revaluation reserve

2025
£
Balance at 01 April 2024 1,323,369
Surplus or deficit after revaluation 0
Balance at 31 March 2025 1,323,369

BEMBRIDGE HARBOUR IMPROVEMENTS COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

7. Financial commitments

At 31st March 2025 the company was committed to making payments under non-cancellable leases which expire between two and five years at the rate of £3026 per annum