Company Registration No. 10897479 (England and Wales)
Passdean Raglan Limited
Unaudited accounts
for the year ended 31 March 2025
Passdean Raglan Limited
Unaudited accounts
Contents
Passdean Raglan Limited
Company Information
for the year ended 31 March 2025
Director
Richard Britten-Long
Company Number
10897479 (England and Wales)
Registered Office
THE WICHENFORD ESTATE OFFICE
THE HILL FARM
WICHENFORD
WORCESTER
WR6 6YY
UNITED KINGDOM
Passdean Raglan Limited
Statement of financial position
as at 31 March 2025
Tangible assets
2,501,685
2,501,685
Cash at bank and in hand
60,187
59,039
Creditors: amounts falling due within one year
(754,419)
(650,533)
Net current liabilities
(436,069)
(385,728)
Total assets less current liabilities
2,065,616
2,115,957
Creditors: amounts falling due after more than one year
(2,284,193)
(2,284,193)
Net liabilities
(218,577)
(168,236)
Called up share capital
1
1
Profit and loss account
(218,578)
(168,237)
Shareholders' funds
(218,577)
(168,236)
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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 December 2025 and were signed on its behalf by
Richard Britten-Long
Director
Company Registration No. 10897479
Passdean Raglan Limited
Notes to the Accounts
for the year ended 31 March 2025
Passdean Raglan Limited is a private company, limited by shares, registered in England and Wales, registration number 10897479. The registered office is THE WICHENFORD ESTATE OFFICE, THE HILL FARM, WICHENFORD, WORCESTER, WR6 6YY, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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 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.
Passdean Raglan Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
At 31 March 2025
2,501,685
At 31 March 2025
2,501,685
At 31 March 2024
2,501,685
Amounts falling due within one year
Trade debtors
(68,496)
(66,144)
Accrued income and prepayments
161
153
Other debtors
326,498
271,757
6
Creditors: amounts falling due within one year
2025
2024
Other creditors
694,025
597,906
Deferred income
45,309
45,309
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
1,075,000
1,075,000
Other creditors
1,209,193
1,209,193
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).