IRIS Accounts Production v26.1.0.640 00428958 Board of Directors 1.10.24 30.9.25 30.9.25 false true false false true false Fair value model 'A' Ordinary 0.50000 'C' Ordinary 0.50000 'D' Ordinary 0.50000 'E' Ordinary 0.50000 'Z' Ordinary 0.50000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 00428958 2024-09-30 00428958 2025-09-30 00428958 2024-10-01 2025-09-30 00428958 2023-09-30 00428958 2023-10-01 2024-09-30 00428958 2024-09-30 00428958 ns15:EnglandWales 2024-10-01 2025-09-30 00428958 ns14:PoundSterling 2024-10-01 2025-09-30 00428958 ns10:Director1 2024-10-01 2025-09-30 00428958 ns10:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 00428958 ns10:SmallEntities 2024-10-01 2025-09-30 00428958 ns10:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 00428958 ns10:SmallCompaniesRegimeForDirectorsReport 2024-10-01 2025-09-30 00428958 ns10:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 00428958 ns10:FullAccounts 2024-10-01 2025-09-30 00428958 ns10:OrdinaryShareClass1 2024-10-01 2025-09-30 00428958 ns10:OrdinaryShareClass2 2024-10-01 2025-09-30 00428958 ns10:OrdinaryShareClass3 2024-10-01 2025-09-30 00428958 ns10:OrdinaryShareClass4 2024-10-01 2025-09-30 00428958 ns10:OrdinaryShareClass5 2024-10-01 2025-09-30 00428958 ns10:Director2 2024-10-01 2025-09-30 00428958 ns10:Director3 2024-10-01 2025-09-30 00428958 ns10:Director4 2024-10-01 2025-09-30 00428958 ns10:Director5 2024-10-01 2025-09-30 00428958 ns10:RegisteredOffice 2024-10-01 2025-09-30 00428958 ns5:CurrentFinancialInstruments 2025-09-30 00428958 ns5:CurrentFinancialInstruments 2024-09-30 00428958 ns5:ShareCapital 2025-09-30 00428958 ns5:ShareCapital 2024-09-30 00428958 ns5:SharePremium 2025-09-30 00428958 ns5:SharePremium 2024-09-30 00428958 ns5:CapitalRedemptionReserve 2025-09-30 00428958 ns5:CapitalRedemptionReserve 2024-09-30 00428958 ns5:RetainedEarningsAccumulatedLosses 2025-09-30 00428958 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 00428958 ns5:PlantMachinery 2024-09-30 00428958 ns5:PlantMachinery 2024-10-01 2025-09-30 00428958 ns5:PlantMachinery 2025-09-30 00428958 ns5:PlantMachinery 2024-09-30 00428958 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-09-30 00428958 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-09-30 00428958 ns10:OrdinaryShareClass1 2025-09-30 00428958 ns10:OrdinaryShareClass2 2025-09-30 00428958 ns10:OrdinaryShareClass3 2025-09-30 00428958 ns10:OrdinaryShareClass4 2025-09-30 00428958 ns10:OrdinaryShareClass5 2025-09-30

REGISTERED NUMBER: 00428958 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 SEPTEMBER 2025 |

| FOR |

| BUDDENS MANAGEMENT SERVICES LIMITED |

BUDDENS MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 00428958) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| BUDDENS MANAGEMENT SERVICES LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 30 SEPTEMBER 2025

| DIRECTORS: | S J Budden

| T P Budden

| Mrs P H Budden

| Mrs I E Swan

| Ms C J Treble

| REGISTERED OFFICE: | Windover House

| St. Ann Street

| Salisbury

| SP1 2DR

| REGISTERED NUMBER: | 00428958 (England and Wales)

| ACCOUNTANTS: | Fawcetts LLP

| Chartered Accountants

| Windover House

| St. Ann Street

| Salisbury

| SP1 2DR

BUDDENS MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 00428958) |

BALANCE SHEET

30 SEPTEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 488 |  | 610 |  |

Investment property | 5 | 1,494,536 |  | 1,494,536 |  |

1,495,024 |  | 1,495,146 |  |

CURRENT ASSETS

Debtors | 6 | 1,193 |  | 946 |  |

Cash at bank | 221,524 |  | 238,801 |  |

222,717 |  | 239,747 |  |

CREDITORS

Amounts falling due within one year | 7 | 334,991 |  | 351,195 |  |

NET CURRENT LIABILITIES | (112,274 | ) | (111,448 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,382,750 |  | 1,383,698 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 10,251 |  | 10,251 |  |

Share premium | 18,285 |  | 18,285 |  |

Capital redemption reserve | 26,590 |  | 26,590 |  |

Retained earnings | 1,327,624 |  | 1,328,572 |  |

SHAREHOLDERS' FUNDS | 1,382,750 |  | 1,383,698 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

BUDDENS MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 00428958) |

BALANCE SHEET - continued

30 SEPTEMBER 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 May 2026 and were signed on its behalf by:

Mrs I E Swan - Director

BUDDENS MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 00428958) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. | STATUTORY INFORMATION

| Buddens Management Services 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.

| The financial statements have been prepared on a going concern basis. The company is dependent upon the support of the directors who have indicated that they will introduce funds as required to meet the company's liabilities. The directors therefore consider that the going concern basis is appropriate. The financial statements do not contain any adjustments that might be necessary were the going concern basis to be no longer appropriate.

| The financial statements are presented in Sterling (£) which is the functional currency of the company.

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

| Turnover

| Turnover comprises of rental income which is recognised on an accrual basis and is measured at the fair value of the consideration received, or receivable, excluding discounts, rebates, value added tax and other sales tax.

| Tangible fixed assets

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

| Plant & Machinery 20% reducing balance

| Investment property

| Investment property represents the company's portfolio of residential and commercial properties. It is initially recognised at cost, which includes purchase cost and any directly attributable expenditure.

| Investment property is measured at fair value at each reporting date. Any fair value gains arising are not realised profits and therefore are transferred to a separately designated non-distributable fair value reserve. Any loss arising from revaluation is also recognised in the fair value reserve unless it represents a loss below original cost, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in profit or loss for the year.

BUDDENS MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 00428958) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| Debtors

| Debtors are measured at their recoverable amount.

| Creditors

| Creditors and provisions are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 5 (2024 - 5 ) .

BUDDENS MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 00428958) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 October 2024

| and 30 September 2025 | 2,913 |  |

| DEPRECIATION

| At 1 October 2024 | 2,303 |  |

| Charge for year | 122 |  |

| At 30 September 2025 | 2,425 |  |

| NET BOOK VALUE

| At 30 September 2025 | 488 |  |

| At 30 September 2024 | 610 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 October 2024

| and 30 September 2025 | 1,494,536 |  |

| NET BOOK VALUE

| At 30 September 2025 | 1,494,536 |  |

| At 30 September 2024 | 1,494,536 |  |

| The fair value (open market basis) of investment property was assessed by the directors and in their opinion this remains unchanged at 30 September 2024.

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

2025 | 2024 |

£ | £ |

| Other debtors | 1,193 |  | 946 |  |

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

2025 | 2024 |

£ | £ |

| Taxation and social security | 16,473 |  | 35,389 |  |

| Other creditors | 318,518 |  | 315,806 |  |

334,991 |  | 351,195 |  |

BUDDENS MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 00428958) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 1,676 | 'A' Ordinary | 50p | 838 |  | 838 |  |

| 660 | 'C' Ordinary | 50p | 330 |  | 330 |  |

| 1,035 | 'D' Ordinary | 50p | 518 |  | 518 |  |

| 8,796 | 'E' Ordinary | 50p | 4,398 |  | 4,398 |  |

| 8,333 | 'Z' Ordinary | 50p | 4,167 |  | 4,167 |  |

10,251 |  | 10,251 |  |

9. | RELATED PARTY DISCLOSURES

| At the balance sheet date the company owed the directors £306,843 (2024: £305,451).