Silverfin false false 31/10/2025 01/11/2024 31/10/2025 C R Ringham J Ringham 01/08/2024 S J Ringham 11 March 2026 The principal activity of the company in the year under review was that of property management and investment. 01027955 2025-10-31 01027955 bus:Director2 2025-10-31 01027955 2024-10-31 01027955 core:CurrentFinancialInstruments 2025-10-31 01027955 core:CurrentFinancialInstruments 2024-10-31 01027955 core:ShareCapital 2025-10-31 01027955 core:ShareCapital 2024-10-31 01027955 core:SharePremium 2025-10-31 01027955 core:SharePremium 2024-10-31 01027955 core:FurtherSpecificReserve1ComponentTotalEquity 2025-10-31 01027955 core:FurtherSpecificReserve1ComponentTotalEquity 2024-10-31 01027955 core:RetainedEarningsAccumulatedLosses 2025-10-31 01027955 core:RetainedEarningsAccumulatedLosses 2024-10-31 01027955 core:OtherPropertyPlantEquipment 2024-10-31 01027955 core:OtherPropertyPlantEquipment 2025-10-31 01027955 bus:OrdinaryShareClass1 2025-10-31 01027955 2024-11-01 2025-10-31 01027955 bus:FilletedAccounts 2024-11-01 2025-10-31 01027955 bus:SmallEntities 2024-11-01 2025-10-31 01027955 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 01027955 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 01027955 bus:Director1 2024-11-01 2025-10-31 01027955 bus:Director2 2024-11-01 2025-10-31 01027955 bus:Director3 2024-11-01 2025-10-31 01027955 core:OtherPropertyPlantEquipment 2024-11-01 2025-10-31 01027955 2023-11-01 2024-10-31 01027955 bus:OrdinaryShareClass1 2024-11-01 2025-10-31 01027955 bus:OrdinaryShareClass1 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 01027955 (England and Wales)

# BONDCLIFF LIMITED

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

BONDCLIFF LIMITED

## Unaudited Financial Statements

For the financial year ended 31 October 2025

Contents

BONDCLIFF LIMITED

## COMPANY INFORMATION

For the financial year ended 31 October 2025
BONDCLIFF LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 31 October 2025

DIRECTORS | C R Ringham
| J Ringham
| S J Ringham

SECRETARY | S J Ringham

REGISTERED OFFICE | The Old Vicarage
| Main Street
| Farnsfield
| NG22 8EA
| United Kingdom

COMPANY NUMBER | 01027955 (England and Wales)

ACCOUNTANT | Duncan & Toplis Limited
| 14 London Road
| Newark
| NG24 1TW

BONDCLIFF LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 31 October 2025
BONDCLIFF LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 October 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 16,302 |  | 20,325
Investment property | 4 | 7,895,000 |  | 7,480,000
|  | 7,911,302 |  | 7,500,325
Current assets |  |  |  |
Debtors | 5 | 20,843 |  | 19,891
Cash at bank and in hand |  | 3,509,419 |  | 3,214,494
|  | 3,530,262 |  | 3,234,385
Creditors: amounts falling due within one year | 6 | ( 213,795) |  | ( 186,009)
Net current assets |  | 3,316,467 |  | 3,048,376
Total assets less current liabilities |  | 11,227,769 |  | 10,548,701
Provision for liabilities |  | ( 474,000) |  | ( 281,000)
Net assets |  | 10,753,769 |  | 10,267,701
Capital and reserves |  |  |  |
Called-up share capital | 7 | 65 |  | 65
Share premium account |  | 29,985 |  | 29,985
Fair value reserve |  | 1,423,117 |  | 1,201,117
Profit and loss account |  | 9,300,602 |  | 9,036,534
Total shareholders' funds |  | 10,753,769 |  | 10,267,701

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

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge 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 Income Statement has not been delivered.

The financial statements of Bondcliff Limited (registered number: 01027955) were approved and authorised for issue by the Board of Directors on 11 March 2026. They were signed on its behalf by:

J Ringham Director |

BONDCLIFF LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2025
BONDCLIFF LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 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

Bondcliff 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 The Old Vicarage, Main Street, Farnsfield, NG22 8EA, 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 £.

##### Turnover

Turnover represents the rents payable to the company in respect of the accounting period, excluding value added tax.

##### 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 valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property 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:

Plant and machinery etc. | 10 - 20 % reducing balance

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.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The fair value is determined annually by the directors, on an open market value for existing use basis.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 3 |  | 3

#### 3. Tangible assets

| Plant and machinery etc. |  | Total
| £ |  | £
Cost |  |  |
At 01 November 2024 | 63,020 |  | 63,020
At 31 October 2025 | 63,020 |  | 63,020
Accumulated depreciation |  |  |
At 01 November 2024 | 42,695 |  | 42,695
Charge for the financial year | 4,023 |  | 4,023
At 31 October 2025 | 46,718 |  | 46,718
Net book value |  |  |
At 31 October 2025 | 16,302 |  | 16,302
At 31 October 2024 | 20,325 |  | 20,325

#### 4. Investment property

| Investment property
| £
Valuation |
As at 01 November 2024 | 7,480,000
Fair value movement | 415,000
As at 31 October 2025 | 7,895,000

Valuation

The fair value is determined annually by the directors, on an open market value for existing use basis.

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

| 2025 |  | 2024
| £ |  | £
Historic cost | 5,997,881 |  | 5,997,881

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Prepayments and accrued income | 20,843 |  | 19,891

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

| 2025 |  | 2024
| £ |  | £
Amounts owed to directors | 6,449 |  | 13,938
Accruals | 69,437 |  | 71,348
Corporation tax | 106,953 |  | 98,787
Other creditors | 30,956 |  | 1,936
| 213,795 |  | 186,009

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
65 Ordinary shares of £ 1.00 each | 65 |  | 65