Flitwick Securities Ltd

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—8

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Balance Sheet

As At 31 March 2026

Balance Sheet

Registered number: 802889

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		950,000		950,000
Investments	5		100		100

			950,100		950,100
CURRENT ASSETS
Debtors	6	3,162		486
Cash at bank and in hand		135,945		142,415

		139,107		142,901
Creditors: Amounts Falling Due Within One Year	7	(46,426 )		(51,103 )

NET CURRENT ASSETS (LIABILITIES)			92,681		91,798

TOTAL ASSETS LESS CURRENT LIABILITIES			1,042,781		1,041,898

PROVISIONS FOR LIABILITIES
Provisions For Charges	9		(36,000 )		(36,000 )
Deferred Taxation	8		(72,303 )		(72,303 )

NET ASSETS			934,478		933,595

CAPITAL AND RESERVES
Called up share capital	10		40,000		40,000
Revaluation reserve	13		688,954		688,954
Profit and Loss Account			205,524		204,641

SHAREHOLDERS' FUNDS			934,478		933,595

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Flitwick Securities Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

The financial statements were approved by the board of directors on 21 April 2026 and were signed on its behalf by:

Jamie O'Dell Director	Sara O'Dell Director	David Birch Director
21st April 2026

The notes on pages 4 to 8 form part of these financial statements.

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Flitwick Securities Ltd

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

Flitwick Securities Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 802889 .

The registered office is at The Brook, 18b Shefford Road, Meppershall, Bedfordshire, SG17 5LJ.

The presentation currency of the financial statements is the Pound Sterling (GBP). Monetary amounts are rounded to the nearest whole pound.

The principal activity of the company continued to be that of operating a Mobile Home Park at Tamworth Staffordshire.

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

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention modified to include the revaluation of certain fixed assets as stated in the notes to the financial statements, and in accordance with FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2.2. Turnover

Turnover comprises Pitch Fees receivable on a monthly basis from owners of Mobile Homes situate on the company's Long Leasehold Property and commissions on completion of a sale.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives. No depreciation is provided in respect of investment properties as they are valued each year for the purposes of the financial statements.

Leasehold

Amortisation £Nil

2.4. Investment Properties

The Long Leasehold Investment Property is revalued annually and any surplus or deficit dealt with through the profit and loss account. No depreciation is provided in respect of Investment Properties.

2.5. Stocks and Work in Progress

Stocks are stated at the lower of cost and net realisable value after taking into account estimated selling expenses. In determining cost the purchase price of products, materials and services are used. For work in progress, when applicable, cost includes an appropriate proportion of attributable overheads.

2.6. Financial Instruments

Debtors and Creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses from impairment or amounts written off are recognised in the profit and loss account.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including related costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment if applicable. Impairment is computed as the difference between the carrying value of an asset and best estimate of the recoverable amount if sold in the open market at balance sheet date. If an arrangement constitutes a finance transaction it is measured at present value.

Cash at bank and in hand

Cash at bank and in hand is represented by cash in hand and deposits with financial institutions repayable without penalty within 6 months. Cash equivalents are highly liquid investments that mature within three months from date of acquisition or deposit or notice of withdrawal and are readily convertible to known amounts of cash with insignificant risks of a change in value.

...CONTINUED

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Flitwick Securities Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Financial Instruments - continued

Provisions for liabilities

Provisions for liabilities are made where an event has taken place that gives the company a legal or constructive obligation and a reliable estimate can be made of the amount payable, or that may become payable, taking into account relevant facts, risks, uncertainties and stages of negotiation of a settlement sum.

2.7. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items included in other comprehensive income or directly in equity.

Current or deferred taxation assets or 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 substantially enacted at the balance sheet date. Deferred tax is provided at the rate expected to apply at the time of crystallisation.

Full provision is made for deferred tax assets and liabilities arising from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes, except that recognition of deferred tax assets is limited to the sum that is likely to be recovered against the reversal of deferred tax liabilities or future taxable profits. Timing differences arise from the inclusion of income and expenditure in periods which are different for tax assessment purposes to those applicable for financial statements.

2.8. Investments

Investments are revalued annually and any surplus or deficit dealt with through the profit and loss account together with any impairment or diminution in value.

3. Average Number of Employees

The average number of employees, including directors, during the year was as follows: 3 (2025: 3)

4. Tangible Assets

	Land & Property
	Leasehold
	£
Cost
As at 1 April 2025	950,000

As at 31 March 2026	950,000

Net Book Value
As at 31 March 2026	950,000

As at 1 April 2025	950,000

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Flitwick Securities Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Cost or valuation as at 31 March 2025 and 31 March 2026 is represented by:

	Land & Property
	Leasehold
	£
At cost	950,000

	950,000

The long leasehold property is shown at valuation, as considered by the directors after consulting with Chartered Surveyors and Commercial Property Sale agents based on comparable assets sold or being marketed, offers received and mindful of realisation costs. The historical cost of the long leasehold property was £188,742.

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 April 2025	100

As at 31 March 2026	100

Provision
As at 1 April 2025	-

As at 31 March 2026	-

Net Book Value
As at 31 March 2026	100

As at 1 April 2025	100

The company holds the whole of the share capital of Mount Pleasant Park (Tamworth) Ltd a dormant subsidiary recorded at its cost of £100 representing the net assets of the company.

6. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	3,162	486

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Corporation tax	1,436	1,597
PAYE & NIC Payable	1,365	510
Accruals and deferred income	42,915	45,937
Directors' loan accounts	610	2,959
Amount owed to subsidiary company	100	100

	46,426	51,103

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Flitwick Securities Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Deferred Taxation

The provision for deferred tax relates to the Long Leasehold Property revaluation.

	2026	2025
	£	£
Other timing differences	72,303	72,303

9. Provisions for Liabilities


	Deferred Tax	Other Provisions	Total
	£	£	£
As at 1 April 2025	72,303	36,000	108,303

Balance at 31 March 2026	72,303	36,000	108,303

The provision for deferred tax relates to the Long Leasehold Property revaluation.

Other provisions relate to repairs and maintenance work for which cash expenditure is expected to be incurred in the foreseeable future.

10. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
40,000 Ordinary Shares of £ 1 each	40,000	40,000

11. Directors Advances, Credits and Guarantees

Included within Creditors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr Jamie O'Dell	745	2,600	(3,040 )	-	305
Miss Sara O'Dell	2,214	2,600	(4,509 )	-	305

The directors loans included in creditors are unsecured, interest free and repayable on demand.

Dividends paid to directors (including joint holdings with spouse) were as follows:

	2026	2025
	£	£
Jamie O'Dell	2,600	11,000
Sara O'Dell	2,600	11,000

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Flitwick Securities Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

12. Dividends

	2026	2025
	£	£
On equity shares:
Interim dividend paid	5,200	22,000

13. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 April 2025	688,954	204,641
Profit for the year and total comprehensive income	-	6,083

Dividends paid	-	(5,200)

As at 31 March 2026	688,954	205,524

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Directors	Jamie O'Dell
	Sara O'Dell
	David Birch

Company Number	802889

Registered Office	The Brook
	18b Shefford Road
	Meppershall
	Bedfordshire
	SG17 5LJ

Accountants	David Birch - Brook Lane Services Ltd
	Chartered Accountants
	The Brook
	18b Shefford Road
	Meppershall
	Bedfordshire
	SG17 5LJ

Bankers	Unity Trust Bank
	Nine Brindleyplace
	Birmingham
	B1 2HB