IRIS Accounts Production v25.4.12.37 08168801 Board of Directors Board of Directors 1.9.24 31.8.25 31.8.25 true false true false false true false Fair value model Ordinary 1.00000 219594 95098 87166 222106 281633 97610 25127 219594 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 08168801 2024-08-31 08168801 2025-08-31 08168801 2024-09-01 2025-08-31 08168801 2023-08-31 08168801 2023-09-01 2024-08-31 08168801 2024-08-31 08168801 ns15:EnglandWales 2024-09-01 2025-08-31 08168801 ns14:PoundSterling 2024-09-01 2025-08-31 08168801 ns10:Director1 2024-09-01 2025-08-31 08168801 ns10:Director2 2024-09-01 2025-08-31 08168801 ns10:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 08168801 ns10:SmallEntities 2024-09-01 2025-08-31 08168801 ns10:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 08168801 ns10:SmallCompaniesRegimeForDirectorsReport 2024-09-01 2025-08-31 08168801 ns10:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 08168801 ns10:FullAccounts 2024-09-01 2025-08-31 08168801 ns10:OrdinaryShareClass1 2024-09-01 2025-08-31 08168801 42 ns10:Director2 2024-08-31 08168801 42 ns10:Director2 2023-08-31 08168801 42 ns10:Director2 2024-09-01 2025-08-31 08168801 42 ns10:Director2 2023-09-01 2024-08-31 08168801 42 ns10:Director2 2025-08-31 08168801 42 ns10:Director2 2024-08-31 08168801 ns10:RegisteredOffice 2024-09-01 2025-08-31 08168801 ns5:CurrentFinancialInstruments 2025-08-31 08168801 ns5:CurrentFinancialInstruments 2024-08-31 08168801 ns5:Non-currentFinancialInstruments 2025-08-31 08168801 ns5:Non-currentFinancialInstruments 2024-08-31 08168801 ns5:ShareCapital 2025-08-31 08168801 ns5:ShareCapital 2024-08-31 08168801 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-08-31 08168801 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-08-31 08168801 ns5:RetainedEarningsAccumulatedLosses 2025-08-31 08168801 ns5:RetainedEarningsAccumulatedLosses 2024-08-31 08168801 ns5:FurnitureFittings 2024-09-01 2025-08-31 08168801 ns5:FurnitureFittings 2024-08-31 08168801 ns5:FurnitureFittings 2025-08-31 08168801 ns5:FurnitureFittings 2024-08-31 08168801 ns5:CostValuation 2024-08-31 08168801 ns5:Subsidiary1 2024-09-01 2025-08-31 08168801 1 ns5:Subsidiary1 2024-09-01 2025-08-31 08168801 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-08-31 08168801 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-08-31 08168801 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-08-31 08168801 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2024-08-31 08168801 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-08-31 08168801 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-08-31 08168801 ns5:DeferredTaxation 2024-08-31 08168801 ns5:DeferredTaxation 2025-08-31 08168801 ns10:OrdinaryShareClass1 2025-08-31 08168801 ns5:RetainedEarningsAccumulatedLosses 2024-08-31 08168801 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-08-31 08168801 ns5:RetainedEarningsAccumulatedLosses 2024-09-01 2025-08-31 08168801 ns10:Director1 1 2024-08-31 08168801 ns10:Director1 1 2023-08-31 08168801 ns10:Director1 1 2024-09-01 2025-08-31 08168801 ns10:Director1 1 2023-09-01 2024-08-31 08168801 ns10:Director1 1 2025-08-31 08168801 ns10:Director1 1 2024-08-31

REGISTERED NUMBER: 08168801 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025

FOR

FINMIL LTD

| FINMIL LTD (REGISTERED NUMBER: 08168801) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| FINMIL LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST AUGUST 2025

| DIRECTORS: | Mrs J Beecroft

| R Beecroft

| REGISTERED OFFICE: | 6-8 Park Street

| Wombwell

| Barnsley

| South Yorkshire

| S73 0DJ

| REGISTERED NUMBER: | 08168801 (England and Wales)

| ACCOUNTANTS: | Seaman Herbert & Co

| 36 - 40 Doncaster Road

| Barnsley

| South Yorkshire

| S70 1TL

| FINMIL LTD (REGISTERED NUMBER: 08168801) |

BALANCE SHEET

31ST AUGUST 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 28,047 |  | 34,005 |  |

Investments | 5 | 1 |  | 1 |  |

Investment property | 6 | 6,922,025 |  | 5,996,721 |  |

6,950,073 |  | 6,030,727 |  |

CURRENT ASSETS

Stocks | 7 | 223,164 |  | 300,688 |  |

Debtors | 8 | 55,754 |  | 245,828 |  |

Cash at bank | 43,650 |  | 71,365 |  |

322,568 |  | 617,881 |  |

CREDITORS

Amounts falling due within one year | 9 | 889,432 |  | 816,254 |  |

NET CURRENT LIABILITIES | (566,864 | ) | (198,373 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 6,383,209 |  | 5,832,354 |  |

CREDITORS

Amounts falling due after more than one year | 10 | (2,085,287 | ) | (2,133,420 | ) |

PROVISIONS FOR LIABILITIES | 11 | (686,559 | ) | (569,495 | ) |

NET ASSETS | 3,611,363 |  | 3,129,439 |  |

CAPITAL AND RESERVES

Called up share capital | 12 | 1 |  | 1 |  |

Fair value reserve | 13 | 2,157,187 |  | 1,801,529 |  |

Retained earnings | 13 | 1,454,175 |  | 1,327,909 |  |

SHAREHOLDERS' FUNDS | 3,611,363 |  | 3,129,439 |  |

| FINMIL LTD (REGISTERED NUMBER: 08168801) |

BALANCE SHEET - continued

31ST AUGUST 2025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31st March 2026 and were signed on its behalf by:

Mrs J Beecroft - Director

R Beecroft - Director

| FINMIL LTD (REGISTERED NUMBER: 08168801) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2025

1. | STATUTORY INFORMATION

| Finmil Ltd 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 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

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

| Fixtures and fittings | - | 20% on reducing balance

| Investment property

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

| Stocks

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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

| 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.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| FINMIL LTD (REGISTERED NUMBER: 08168801) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST AUGUST 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures

| and

| fittings

£ |

| COST

| At 1st September 2024 | 83,751 |  |

| Additions | 1,057 |  |

| At 31st August 2025 | 84,808 |  |

| DEPRECIATION

| At 1st September 2024 | 49,746 |  |

| Charge for year | 7,015 |  |

| At 31st August 2025 | 56,761 |  |

| NET BOOK VALUE

| At 31st August 2025 | 28,047 |  |

| At 31st August 2024 | 34,005 |  |

5. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST

| At 1st September 2024

| and 31st August 2025 | 1 |  |

| NET BOOK VALUE

| At 31st August 2025 | 1 |  |

| At 31st August 2024 | 1 |  |

| This represents the cost of a 100% shareholding in Beecroft Hotels Limited.

| The company's investments at the Balance Sheet date in the share capital of companies include the following:

| Beecroft Hotels Limited

| Registered office: 6-8 Park Street. Wombwell, Barnsley, South Yorkshire, S73 0DJ

| Nature of business: hoteliers

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| FINMIL LTD (REGISTERED NUMBER: 08168801) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST AUGUST 2025

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1st September 2024 | 5,996,721 |  |

| Additions | 451,093 |  |

| Revaluations | 474,211 |  |

| At 31st August 2025 | 6,922,025 |  |

| NET BOOK VALUE

| At 31st August 2025 | 6,922,025 |  |

| At 31st August 2024 | 5,996,721 |  |

| Fair value at 31st August 2025 is represented by:

£ |

| Valuation in 2017 | 640,698 |  |

| Valuation in 2019 | 176,235 |  |

| Valuation in 2020 | 181,181 |  |

| Valuation in 2021 | 575,000 |  |

| Valuation in 2022 | 259,864 |  |

| Valuation in 2023 | 22,545 |  |

| Valuation in 2024 | 507,000 |  |

| Valuation in 2025 | 474,211 |  |

| Cost | 4,085,291 |  |

6,922,025 |  |

| Investment properties have been revalued by the directors based on currently available market data.

7. | STOCKS

2025 | 2024 |

£ | £ |

| Work-in-progress | 223,164 |  | 300,688 |  |

8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 27,909 |  | 24,014 |  |

| Directors' current accounts | 25,127 |  | 219,594 |  |

| Prepayments | 2,718 |  | 2,220 |  |

55,754 |  | 245,828 |  |

| FINMIL LTD (REGISTERED NUMBER: 08168801) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST AUGUST 2025

9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 47,800 |  | 47,575 |  |

| Trade creditors | 11,252 |  | 4,176 |  |

| Amounts owed to group undertakings | 50,402 |  | 30,402 |  |

| Tax | 89,742 |  | 64,106 |  |

| Social security and other taxes | 412 |  | 164 |  |

| Other creditors | 676,441 |  | 661,441 |  |

| Bonds | 2,050 |  | 750 |  |

| Accrued expenses | 11,333 |  | 7,640 |  |

889,432 |  | 816,254 |  |

10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans - 1-2 years | 47,800 |  | 47,575 |  |

| Bank loans - 2-5 years | 2,037,487 |  | 2,085,845 |  |

2,085,287 |  | 2,133,420 |  |

11. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 686,559 |  | 569,495 |  |

| Deferred |

| tax |

£ |

| Balance at 1st September 2024 | 569,495 |  |

| Movement during year | 117,064 |  |

| Balance at 31st August 2025 | 686,559 |  |

12. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1 | Ordinary | £1 | 1 |  | 1 |  |

| FINMIL LTD (REGISTERED NUMBER: 08168801) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST AUGUST 2025

13. | RESERVES

| Fair |

| Retained |  | value |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1st September 2024 | 1,327,909 |  | 1,801,529 |  | 3,129,438 |  |

| Profit for the year | 724,140 |  | 724,140 |  |

| Dividends | (242,216 | ) | (242,216 | ) |

| Transfer between reserves | (474,211 | ) | 474,211 |  | - |  |

| Deferred tax tfr in reserves | 118,553 |  | (118,553 | ) | - |  |

| At 31st August 2025 | 1,454,175 |  | 2,157,187 |  | 3,611,362 |  |

14. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31st August 2025 and 31st August 2024:

2025 | 2024 |

£ | £ |

| Mrs J Beecroft and R Beecroft

| Balance outstanding at start of year | 219,594 |  | 95,098 |  |

| Amounts advanced | 87,166 |  | 222,106 |  |

| Amounts repaid | (281,633 | ) | (97,610 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 25,127 |  | 219,594 |  |

15. | RELATED PARTY DISCLOSURES

| The company owed £481,151 (2024: £481,151) to Beecroft Estates Ltd and £195,290 (202:£180,290) to BAW Estates Ltd and £50,402 (2024: £30,402) to Beecroft Hotels Ltd at the balance sheet date, from inter company lending.These companies are under the control of the directors.

16. | ULTIMATE CONTROLLING PARTY

| The directors control the company by virtue of holding 100% of the share capital.