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Company Registration No. 00491708 (England and Wales)
Saint Helens Milling Company Limited Unaudited accounts for the year ended 31 July 2025
Saint Helens Milling Company Limited Unaudited accounts Contents
Page
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Saint Helens Milling Company Limited Company Information for the year ended 31 July 2025
Directors
Benjamin Richards Jiggens Estates Limited Saul Parkinson Jack Jiggens
Company Number
00491708 (England and Wales)
Registered Office
The Old Bakery 12 - 14 Hart Street Henley-On-Thames Oxfordshire RG9 2AU United Kingdom
Accountants
P10 Accountancy Ltd Egerton House 68 Baker Street Weybridge KT13 8AL
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Saint Helens Milling Company Limited Statement of financial position as at 31 July 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investment property
3,415,000 
3,415,000 
Current assets
Debtors
1,360,770 
1,384,493 
Cash at bank and in hand
3,059 
2,034 
1,363,829 
1,386,527 
Creditors: amounts falling due within one year
(17,679)
(14,933)
Net current assets
1,346,150 
1,371,594 
Total assets less current liabilities
4,761,150 
4,786,594 
Creditors: amounts falling due after more than one year
(2,201,257)
(2,201,257)
Provisions for liabilities
Deferred tax
(414,714)
(445,288)
Net assets
2,145,179 
2,140,049 
Capital and reserves
Called up share capital
10,000 
10,000 
Fair value reserve
2,144,649 
2,144,649 
Capital redemption reserve
50,162 
50,162 
Profit and loss account
(59,632)
(64,762)
Shareholders' funds
2,145,179 
2,140,049 
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 April 2026 and were signed on its behalf by
Jack Jiggens Director Company Registration No. 00491708
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Saint Helens Milling Company Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Saint Helens Milling Company Limited is a private company, limited by shares, registered in England and Wales, registration number 00491708. The registered office is The Old Bakery 12 - 14 Hart Street, Henley-On-Thames, Oxfordshire, RG9 2AU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Cash & 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 current liabilities.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Saint Helens Milling Company Limited Notes to the Accounts for the year ended 31 July 2025
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
4
Investment property
2025 
£ 
Fair value at 1 August 2024
3,415,000 
Additions
31,407 
Net loss from fair value adjustments
(31,407)
At 31 July 2025
3,415,000 
The property was valued at 31 July 2025 by a RICS registered surveyor for £3,415,000.
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
653 
Accrued income and prepayments
3,349 
3,748 
Other debtors
400 
6,787 
3,749 
11,188 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
1,357,021 
1,373,305 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
11,879 
4,835 
Amounts owed to group undertakings and other participating interests
1,028 
8 
Other creditors
- 
182 
Accruals
- 
2,833 
Deferred income
4,772 
7,075 
17,679 
14,933 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
2,201,257 
2,201,257 
8
Transactions with related parties
At the balance sheet date the company was owed £1,357,021 (2024: £1,373,021) by XP 3 Developments Ltd. At the balance sheet date the company owed £395 (2024: £8 ) to XP Property Ltd and £633 to Central Suites Ltd.
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Saint Helens Milling Company Limited Notes to the Accounts for the year ended 31 July 2025
9
Controlling party
The ultimate parent company is XP Group Holdings Limited.
10
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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