Amherst Properties Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 12358370

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		8,739,031		16,057,448

			8,739,031		16,057,448
CURRENT ASSETS
Stocks	5	-		226,381
Debtors	6	4,195,946		2,358,361
Cash at bank and in hand		1,931,308		391,137

		6,127,254		2,975,879
Creditors: Amounts Falling Due Within One Year	7	(374,260 )		(453,171 )

NET CURRENT ASSETS (LIABILITIES)			5,752,994		2,522,708

TOTAL ASSETS LESS CURRENT LIABILITIES			14,492,025		18,580,156

Creditors: Amounts Falling Due After More Than One Year	8		(4,102,996 )		(7,599,928 )

NET ASSETS			10,389,029		10,980,228

CAPITAL AND RESERVES
Called up share capital	9		8,397,581		8,397,581
Fair value reserve	11		1,277,709		2,123,346
Profit and Loss Account			713,739		459,301

SHAREHOLDERS' FUNDS			10,389,029		10,980,228

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Amherst Properties Ltd

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 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.

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.

On behalf of the board

Mr Alfred Haagman

Director

12/05/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Amherst Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12358370 . The registered office is 4 Mason's Yard, 177 Westbourne Street, Hove, East Sussex, BN3 5FB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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 on the following bases:

Freehold	Not depreciated
Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income 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 profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Amherst Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 January 2025	15,974,073	69,926	50,836	16,094,835
Additions	77,514	-	-	77,514
Disposals	(7,353,071 )	(43,441 )	-	(7,396,512 )

As at 31 December 2025	8,698,516	26,485	50,836	8,775,837

Depreciation
As at 1 January 2025	-	20,706	16,681	37,387
Provided during the period	-	4,965	8,538	13,503
Disposals	-	(14,084 )	-	(14,084 )

As at 31 December 2025	-	11,587	25,219	36,806

Net Book Value
As at 31 December 2025	8,698,516	14,898	25,617	8,739,031

As at 1 January 2025	15,974,073	49,220	34,155	16,057,448

5. Stocks

	2025	2024
	£	£
Work in progress	-	226,381

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Amherst Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	4,539	3,074
Other debtors due	438,311	-
Directors' loan accounts	143,599	559,918

	586,449	562,992
Due after more than one year
Amounts owed by associates	3,609,497	1,795,369

	4,195,946	2,358,361

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	5,000	5,000
Corporation tax	123,174	151,136
Creditors	43,648	120,036
Accruals and deferred income	14,938	34,499
Amounts owed to associates	187,500	142,500

	374,260	453,171

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	4,102,996	7,599,928

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	8,397,581	8,397,581

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2025
	£	£	£	£	£
Mr Alfred Haagman	559,918	143,599	559,918	-	143,599

The above loans are unsecured and subject to interest at 2.25% before 31.3.25 and 3.75%. The outstanding amount is repayable by 31.5.2026.

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Amherst Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

11. Reserves

	Fair value reserve	Profit and Loss Account
	£	£
As at 1 January 2025	2,123,346	459,301
Profit for the year and total comprehensive income	-	254,438

Movements in fair value reserve	(845,637)	-

As at 31 December 2025	1,277,709	713,739

12. Related Party Transactions

The company has granted loans to other companies which are associated due to one or more of the shareholders of Amherst Properties Ltd also owning shares in those companies.

The total balance of the loans at the year end are included in Debtors above.

These loans are unsecured, interest free and repayable on demand.

The company has also been granted a loan by another company which is associated due to one or more of the shareholders of Amherst Properties Ltd also owning shares in that company.

The total balance of the loan at the year end is included in Creditors above.

This loan is unsecured, interest free and repayable on demand.

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