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Registration number: 11355139

Silverstone Parks Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 30 September 2025

Silverstone Parks Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 10

Silverstone Parks Limited

(Registration number: 11355139)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 87,184 | 96,430
Investment property | 5 | 16,728,476 | 14,989,536
Investments | 6 | 1 | 1
|  | 16,815,661 | 15,085,967
Current assets |  |  |
Debtors | 7 | 634,161 | 279,943
Investments | 8 | 618,245 | 599,759
Cash at bank and in hand |  | 21,738 | 138,389
|  | 1,274,144 | 1,018,091
Creditors: Amounts falling due within one year | 9 | (1,100,112) | (3,397,881)
Net current assets/(liabilities) |  | 174,032 | (2,379,790)
Total assets less current liabilities |  | 16,989,693 | 12,706,177
Creditors: Amounts falling due after more than one year | 9 | (2,609,275) | (2,903,780)
Provisions for liabilities |  | (577,021) | (143,826)
Net assets |  | 13,803,397 | 9,658,571
Capital and reserves |  |  |
Called up share capital |  | 1,250 | 1,250
Share premium reserve |  | 7,666,000 | 7,666,000
Revaluation reserve |  | 1,707,812 | 403,607
Retained earnings |  | 4,428,335 | 1,587,714
Shareholders' funds |  | 13,803,397 | 9,658,571

Silverstone Parks Limited

(Registration number: 11355139)
Balance Sheet as at 30 September 2025

For the financial year ending 30 September 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 2 April 2026 and signed on its behalf by:

J Fury Director | E Fury Director |

Silverstone Parks Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Milsted Langdon LLP
Motivo House
Alvington
Yeovil
Somerset
BA20 2FG

These financial statements were authorised for issue by the Board on 2 April 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Group accounts not prepared

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Silverstone Parks Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the Balance Sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Investment property improvements | 2% straight line
Plant and machinery | 15% reducing balance
Office equipment | 15% reducing balance
Motor vehicles | 20% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Silverstone Parks Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Silverstone Parks Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year was 2 (2024 - 2).

Silverstone Parks Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4 | Tangible assets

| Investment property improvements £ | Plant and machinery £ | Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 October 2024 | 47,000 | 70,405 | 6,542 | 30,049 | 153,996
At 30 September 2025 | 47,000 | 70,405 | 6,542 | 30,049 | 153,996
Depreciation
At 1 October 2024 | 940 | 39,259 | 4,221 | 13,146 | 57,566
Charge for the year | - | 4,672 | 348 | 4,226 | 9,246
At 30 September 2025 | 940 | 43,931 | 4,569 | 17,372 | 66,812
Carrying amount
At 30 September 2025 | 46,060 | 26,474 | 1,973 | 12,677 | 87,184
At 30 September 2024 | 46,060 | 31,146 | 2,321 | 16,903 | 96,430

Silverstone Parks Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

5 | Investment properties

| 2025 £
At 1 October | 14,989,536
Fair value adjustments | 1,738,940
At 30 September | 16,728,476

The investment properties were revalued by Avison Young in 2025.

6 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 1 | 1

Subsidiaries | £
Cost or valuation
At 1 October 2024 | 1
Provision
Carrying amount
At 30 September 2025 | 1
At 30 September 2024 | 1

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2025 | 2024
Subsidiary undertakings
Highgrove Parks Limited | c/o Milsted Langdon LLP Motivo House Alvington Somerset BA20 2FG | Ordinary | 100% | 100%

Silverstone Parks Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Subsidiary undertakings
Highgrove Parks Limited The principal activity of Highgrove Parks Limited is other letting and operating of own or leased real estate.

7 | Debtors

| 2025 £ | 2024 £
Other debtors | 612,027 | 251,169
Prepayments | 22,134 | 28,774
| 634,161 | 279,943

8 | Current asset investments

| 2025 £ | 2024 £
Other investments | 618,245 | 599,759

9 | Creditors

Due within one year | Note | 2025 £ | 2024 £
Loans and borrowings | 10 | 294,505 | 272,892
Amounts due to related parties | 11 | 572,706 | 3,035,589
Accruals |  | 4,250 | 4,500
Corporation tax liability |  | 228,651 | 84,900
|  | 1,100,112 | 3,397,881
Due after one year |  |  |
Loans and borrowings | 10 | 2,609,275 | 2,903,780

The loans and borrowings in note 9 are secured on the property held by the company.
The hire purchase contracts are secured on the assets held.

Silverstone Parks Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

10 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 288,011 | 266,701
Hire purchase contracts | 6,494 | 6,191
| 294,505 | 272,892

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 2,609,275 | 2,897,286
Hire purchase contracts | - | 6,494
| 2,609,275 | 2,903,780

11 | Related party transactions

Transactions with directors

2025 | At 1 October 2024 £ | Advances to director £ | Repayments by director £ | At 30 September 2025 £
J & E Fury | 250,326 | 1,572,486 | (1,210,785) | 612,027

2024 | At 1 October 2023 £ | Advances to director £ | Repayments by director £ | At 30 September 2024 £
J & E Fury | (2,883) | 1,170,786 | (917,577) | 250,326

Terms of loans to related parties
Interest is payable on the overdrawn directors loan at 2.25%, and the loan is repayable on demand. Any amounts due to the directors is interest free and repayable on demand.

Summary of transactions with subsidiaries

The company has taken advantage of the exemption conferred by FRS 102 s.33.1A not to disclose transactions with other wholly owned members of the group.