Silverfin false false 31/12/2025 01/01/2025 31/12/2025 Stuart Brandon Wring 07/10/2019 09 March 2026 The principal activity of the Company during the financial year was the letting and operating of owned real estate. 12248104 2025-12-31 12248104 bus:Director1 2025-12-31 12248104 2024-12-31 12248104 core:CurrentFinancialInstruments 2025-12-31 12248104 core:CurrentFinancialInstruments 2024-12-31 12248104 core:Non-currentFinancialInstruments 2025-12-31 12248104 core:Non-currentFinancialInstruments 2024-12-31 12248104 core:ShareCapital 2025-12-31 12248104 core:ShareCapital 2024-12-31 12248104 core:RetainedEarningsAccumulatedLosses 2025-12-31 12248104 core:RetainedEarningsAccumulatedLosses 2024-12-31 12248104 core:LandBuildings 2024-12-31 12248104 core:LeaseholdImprovements 2024-12-31 12248104 core:FurnitureFittings 2024-12-31 12248104 core:LandBuildings 2025-12-31 12248104 core:LeaseholdImprovements 2025-12-31 12248104 core:FurnitureFittings 2025-12-31 12248104 core:CurrentFinancialInstruments core:Secured 2025-12-31 12248104 core:MoreThanFiveYears 2025-12-31 12248104 core:MoreThanFiveYears 2024-12-31 12248104 bus:OrdinaryShareClass1 2025-12-31 12248104 2025-01-01 2025-12-31 12248104 bus:FilletedAccounts 2025-01-01 2025-12-31 12248104 bus:SmallEntities 2025-01-01 2025-12-31 12248104 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 12248104 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 12248104 bus:Director1 2025-01-01 2025-12-31 12248104 core:LeaseholdImprovements 2025-01-01 2025-12-31 12248104 core:FurnitureFittings core:BottomRangeValue 2025-01-01 2025-12-31 12248104 core:FurnitureFittings core:TopRangeValue 2025-01-01 2025-12-31 12248104 2024-01-01 2024-12-31 12248104 core:LandBuildings 2025-01-01 2025-12-31 12248104 core:FurnitureFittings 2025-01-01 2025-12-31 12248104 core:CurrentFinancialInstruments 2025-01-01 2025-12-31 12248104 core:Non-currentFinancialInstruments 2025-01-01 2025-12-31 12248104 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 12248104 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 12248104 (England and Wales)

# STUART WRING ESTATES LIMITED

### Unaudited Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

STUART WRING ESTATES LIMITED

## Unaudited Financial Statements

For the financial year ended 31 December 2025

Contents

STUART WRING ESTATES LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 31 December 2025
STUART WRING ESTATES LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 9,061,096 |  | 9,088,450
|  | 9,061,096 |  | 9,088,450
Current assets |  |  |  |
Debtors | 4 | 76,867 |  | 61,209
Cash at bank and in hand |  | 245,739 |  | 227,944
|  | 322,606 |  | 289,153
Creditors: amounts falling due within one year | 5 | ( 420,837) |  | ( 448,644)
Net current liabilities |  | (98,231) |  | (159,491)
Total assets less current liabilities |  | 8,962,865 |  | 8,928,959
Creditors: amounts falling due after more than one year | 6 | ( 4,163,668) |  | ( 4,398,240)
Provision for liabilities |  | ( 732,943) |  | ( 731,188)
Net assets |  | 4,066,254 |  | 3,799,531
Capital and reserves |  |  |  |
Called-up share capital | 7 | 100 |  | 100
Profit and loss account | 9 | 4,066,154 |  | 3,799,431
Total shareholder's funds |  | 4,066,254 |  | 3,799,531

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of Stuart Wring Estates Limited (registered number: 12248104) were approved and authorised for issue by the Director on 09 March 2026. They were signed on its behalf by:

Stuart Brandon Wring Director |

STUART WRING ESTATES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
STUART WRING ESTATES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 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

Stuart Wring Estates Limited (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 Unit 5 Severn View Industrial Estate Central Avenue, Hallen, Bristol, BS10 7SD, United Kingdom.
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 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.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director notes that the business has net assets of £4,066,254. The Company is supported through loans from a third party. Given the current position, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### 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 Statement of Financial Position 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 current 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.

##### Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings | not depreciated
Leasehold improvements | 20 % reducing balance
Fixtures and fittings | 8 - 10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
Land and buildings were valued at 30 November 2023. The valuation was undertaken by David Harrison MRICS.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### 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 borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 1 |  | 1

#### 3. Tangible assets

| Land and buildings |  | Leasehold improve- ments |  | Fixtures and fittings |  | Total
| £ |  | £ |  | £ |  | £
Cost/Valuation |  |  |  |  |  |  |
At 01 January 2025 | 8,920,000 |  | 109,346 |  | 126,744 |  | 9,156,090
At 31 December 2025 | 8,920,000 |  | 109,346 |  | 126,744 |  | 9,156,090
Accumulated depreciation |  |  |  |  |  |  |
At 01 January 2025 | 0 |  | 41,097 |  | 26,543 |  | 67,640
Charge for the financial year | 0 |  | 13,650 |  | 13,704 |  | 27,354
At 31 December 2025 | 0 |  | 54,747 |  | 40,247 |  | 94,994
Net book value |  |  |  |  |  |  |
At 31 December 2025 | 8,920,000 |  | 54,599 |  | 86,497 |  | 9,061,096
At 31 December 2024 | 8,920,000 |  | 68,249 |  | 100,201 |  | 9,088,450

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 69,615 |  | 53,140
Amounts owed by director | 100 |  | 100
Prepayments | 7,152 |  | 7,969
| 76,867 |  | 61,209

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans (secured) | 226,580 |  | 196,751
Trade creditors | 97,915 |  | 21,542
Taxation and social security | 93,093 |  | 227,320
Other creditors | 3,249 |  | 3,031
| 420,837 |  | 448,644

The bank loan is secured by way of a first and second legal charge and mortgage debenture over the land held by Stuart Wring Estates Limited.

#### 6. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans (secured) | 4,163,668 |  | 4,398,240

The bank loan is secured by way of a first and second legal charge and mortgage debenture over the land held by Stuart Wring Estates Limited.

Amounts repayable after more than 5 years are included in creditors falling due over one year:

| 2025 |  | 2024
| £ |  | £
Bank loans (secured) | 3,095,097 |  | 3,446,166

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 Ordinary shares of £ 1.00 each | 100 |  | 100

#### 8. Related party transactions

Transactions with the entity's director

| 2025 |  | 2024
| £ |  | £
Amounts owed by the director | 100 |  | 100

No interest has been charged on this balance.

#### 9. Distributable reserves

Included in the profit and loss account are non-distributable reserves of £2,062,746 (2024: £2,062,746) representing the cumulative revaluation movements of the land, net of deferred tax. The remaining amount is distributable.