REGISTERED NUMBER: 09286489 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Speeds (Burton) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Speed

Mrs K A Speed

W E J Speed

C M Speed

B J G Speed

REGISTERED OFFICE:

Slaley Hall

Slaley

Bonsall

Matlock

Derbyshire

DE4 2BB

REGISTERED NUMBER:

09286489 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

87,646

61,200

Investment property

5

9,122,001

6,771,285

9,209,647

6,832,485

CURRENT ASSETS

Debtors

6

1,800,747

1,938,310

Cash at bank

1,477,967

2,996,310

3,278,714

4,934,620

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

7

224,666

139,653

NET CURRENT ASSETS

3,054,048

4,794,967

TOTAL ASSETS LESS CURRENT LIABILITIES

12,263,695

11,627,452

PROVISIONS FOR LIABILITIES

98,300

111,632

NET ASSETS

12,165,395

11,515,820

CAPITAL AND RESERVES

Called up share capital

8,875,881

8,875,881

Retained earnings

3,289,514

2,639,939

12,165,395

11,515,820

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2026 and were signed on its behalf by:

M Speed - Director

1.	STATUTORY INFORMATION

Speeds (Burton) Limited 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 represents property rentals receivable. Turnover is recognised when rentals are due in accordance with the lease terms.

Tangible fixed assets

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

useful life.

Motor vehicles

- 18% on cost

Investment property

Investment property is not depreciated but is revalued annually at its fair value, in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". Any aggregate surplus or deficit arising from changes in fair value are taken to the profit and loss account and transferred to a fair value reserve.

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 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

Provision is made at current rates for taxation deferred in respect of all material timing differences, including provisions made for potential tax arising on assets which have been revalued.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 January 2025

63,000

Additions

99,172

Disposals

(63,000

)

At 31 December 2025

99,172

DEPRECIATION

At 1 January 2025

1,800

Charge for year

17,271

Eliminated on disposal

(7,545

)

At 31 December 2025

11,526

NET BOOK VALUE

At 31 December 2025

87,646

At 31 December 2024

61,200

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

6,771,285

Additions

1,803,858

Revaluations

546,858

At 31 December 2025

9,122,001

NET BOOK VALUE

At 31 December 2025

9,122,001

At 31 December 2024

6,771,285

Fair value at 31 December 2025 is represented by:

£

Valuation in 2025

9,122,001

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

9,133,174

7,329,316

Investment property was valued on the fair value basis on 31 December 2025 by the directors .

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Amounts owed by related parties

1,697,740

1,622,740

Other debtors

15,000

215,000

Tax

-

18,039

Prepayments and accrued income

56,757

36,281

1,769,497

1,892,060

Amounts falling due after more than one year:

Other debtors

31,250

46,250

Aggregate amounts

1,800,747

1,938,310

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,553

-

Tax

66,888

-

Social security and other taxes

41,566

29,208

Other creditors

8,550

8,550

Accruals and deferred income

106,109

101,895

224,666

139,653