Finchlea Investments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03002438 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

FINCHLEA INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D R Leader

R A Leader

F M Leader

REGISTERED OFFICE:

Ground Floor

Egerton House

68 Baker Street

Weybridge

Surrey

KT13 8AL

REGISTERED NUMBER:

03002438 (England and Wales)

ACCOUNTANTS:

RJP LLP

Ground Floor

Egerton House

68 Baker Street

Weybridge

Surrey

KT13 8AL

FIXED ASSETS

Tangible assets

4

-

Investments

5

19,080

Investment property

6

1,725,000

1,803,248

1,744,080

1,822,328

CURRENT ASSETS

Debtors

7

4,672

3,857

Cash at bank

4,667

915

9,339

4,772

CREDITORS

Amounts falling due within one year

8

601,521

595,426

NET CURRENT LIABILITIES

(592,182

)

(590,654

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,151,898

1,231,674

CREDITORS

Amounts falling due after more than one
year

9

(508,538

)

(519,386

)

PROVISIONS FOR LIABILITIES

11

(3,897

)

(18,765

)

NET ASSETS

639,463

693,523

CAPITAL AND RESERVES

Called up share capital

12

100

Retained earnings

639,363

693,423

SHAREHOLDERS' FUNDS

639,463

693,523

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 9 January 2026 and were signed on its behalf by:

D R Leader - Director

1.	STATUTORY INFORMATION

Finchlea Investments 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.

Turnover

Turnover represents rents received. Rental income is recognised on an accruals basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Investment property

Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

In accordance with FRS 102; Investment property is property (land or building, or part of a building, or both) held by the owner or by the lessee under a finance lease to earn rentals or for capital appreciation or both. An entity shall measure investment property at its initial recognition. The cost of a purchased investment property comprises its purchase price and any directly attributable expenditure such as legal and brokerage fees, property transfer taxes and other transaction costs. Investment property whose fair value can be measured reliably without undue cost or effort shall be measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

The directors consider that the value included in the accounts is a fair valuation of the property's market value at the balance sheet date.

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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 May 2024

and 30 April 2025

30,803

DEPRECIATION

At 1 May 2024

and 30 April 2025

30,803

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

-

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

30.4.25

30.4.24

£

Other investments

19,080

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

1,803,248

Revaluations

(78,248

)

At 30 April 2025

1,725,000

NET BOOK VALUE

At 30 April 2025

1,725,000

At 30 April 2024

1,803,248

Fair value at 30 April 2025 is represented by:

£

Valuation in 2025

1,725,000

If investment property had not been revalued it would have been included at the following historical cost:

30.4.25

30.4.24

£

Cost

1,803,248

Investment property was valued on an open market basis on 30 April 2025 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Other debtors

4,672

3,857

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Bank loans and overdrafts

14,429

18,011

Trade creditors

278

348

Amounts owed to group undertakings

571,688

559,332

Taxation and social security

-

2,241

Other creditors

15,126

15,494

601,521

595,426

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

Bank loans

508,538

519,386

Amounts falling due in more than five years:

Repayable by instalments

Loan due after 5 years

447,038

437,274

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

Bank loans

522,967

537,397

There are legal charges over the investment properties owned by the company.

11.	PROVISIONS FOR LIABILITIES

30.4.25

30.4.24

£

Deferred tax

3,897

18,765

Deferred

tax

£

Balance at 1 May 2024

18,765

Provided during year

(14,868

)

Movement in the year

Balance at 30 April 2025

3,897

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

100

Ordinary

£1

100

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

Director

Balance outstanding at start of year

(898

)

(968

)

Amounts advanced

-

70

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(898

)

(898

)

14.	ULTIMATE PARENT COMPANY

The ultimate parent company is Finchlea Holdings Limited. The parent company does not produce group accounts on the basis that the group is small.