Blisworth Hill Properties Limited

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—8

Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Blisworth Hill Properties Limited For The Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Blisworth Hill Properties Limited For The Year Ended 31 March 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Blisworth Hill Properties Limited , as a body, in accordance with the terms of our engagement letter dated 14 July 2020. Our work has been undertaken solely to prepare for your approval the accounts of Blisworth Hill Properties Limited and state those matters that we have agreed to state to the directors of Blisworth Hill Properties Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Blisworth Hill Properties Limited and its directors, as a body, for our work or for this report.

It is your duty to ensure that Blisworth Hill Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Blisworth Hill Properties Limited . You consider that Blisworth Hill Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Blisworth Hill Properties Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

22nd December 2025

AMEC Consultancy Limited

Chartered Accountants

9 Heath Way

Burton Latimer

Kettering

Northamptonshire

NN15 5YF

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Blisworth Hill Properties Limited

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 4941604

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,451,562		1,473,137

			1,451,562		1,473,137
CURRENT ASSETS
Debtors	5	18,415,079		17,509,894
Cash at bank and in hand		93,623		217,133

		18,508,702		17,727,027
Creditors: Amounts Falling Due Within One Year	6	(2,978,437 )		(2,123,810 )

NET CURRENT ASSETS (LIABILITIES)			15,530,265		15,603,217

TOTAL ASSETS LESS CURRENT LIABILITIES			16,981,827		17,076,354

Creditors: Amounts Falling Due After More Than One Year	7		(9,807 )		(397,555 )

PROVISIONS FOR LIABILITIES
Provisions For Charges			(26,000 )		(26,000 )
Deferred Taxation	8		(36,041 )		(36,041 )

NET ASSETS			16,909,979		16,616,758

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			16,909,879		16,616,658

SHAREHOLDERS' FUNDS			16,909,979		16,616,758

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Blisworth Hill Properties Limited

Balance Sheet (continued)

As At 31 March 2025

For the 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.

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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Roy Taylor

Director

22nd December 2025

The notes on pages 4 to 8 form part of these financial statements.

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Blisworth Hill Properties Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Blisworth Hill Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 4941604 . The registered office is Homestead Farm Walting Street, Potterspury, Towcester, Northamptonshire, NN12 6LH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with FRS102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), and the requirements of the Companies Act 2006 as applicable to companiues subject to the small companies regime. The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Montary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments as fair value. The principal accounting polices adopted are set out below.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Nil / 25% Straight line
Leasehold	25 years Straight line
Plant & Machinery	15% / 25% / 33% Reducing balance
Motor Vehicles	25% Reducing balance
Fixtures & Fittings	25% Reducing balance
Computer Equipment	33% Reducing balance

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Blisworth Hill Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets

2.6. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.7. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.8. Financial Instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interestmethod unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

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.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

...CONTINUED

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Blisworth Hill Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.8. Financial Instruments - continued

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2.9. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.10. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.11. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

2.12. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

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Blisworth Hill Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	4	4
Property mainetnace	-	2

	4	6

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost or Valuation
As at 1 April 2024	1,155,144	476,485	1,631,629
Additions	-	52,530	52,530

As at 31 March 2025	1,155,144	529,015	1,684,159

Depreciation
As at 1 April 2024	-	158,492	158,492
Provided during the period	-	74,105	74,105

As at 31 March 2025	-	232,597	232,597

Net Book Value
As at 31 March 2025	1,155,144	296,418	1,451,562

As at 1 April 2024	1,155,144	317,993	1,473,137

Plant and machinery also includes motor vehicles, office equipment and furniture.

On 27th October 2023 as part of a group reorganisation, assets have been transfered to fellow subsidaries of the group. The transfers noted above represent those assets transfered.

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	313,369	454,559
Amounts owed by participating interests	99,808	99,808
Other debtors	1,610,900	564,525

	2,024,077	1,118,892
Due after more than one year
Amounts owed by group undertakings	16,391,002	16,391,002

	18,415,079	17,509,894

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Blisworth Hill Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	61,938	61,938
Trade creditors	1,066,471	1,257,539
Bank loans and overdrafts	91,423	160,509
Amounts owed to group undertakings	1,172,117	-
Amounts owed to participating interests	284,500	284,500
Other creditors	219,218	213,324
Taxation and social security	82,770	146,000

	2,978,437	2,123,810

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	9,807	71,299
Bank loans	-	326,256

	9,807	397,555

8. Deferred Taxation

The provision for deferred taxation is made up of accelerated capital allowances and potentail gain on the investment properties

	2025	2024
	£	£
Other timing differences	36,041	36,041

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Ultimate Controlling Party

The company's ultimate controlling party is Blisworth Hill Holdings Limited by virtue of his ownership of 100% of the issued share capital in the company.

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