COMPANY REGISTRATION NUMBER:
11164556
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Baslow Hall Holdings Limited |
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Filleted Unaudited Abridged Financial Statements |
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Baslow Hall Holdings Limited |
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Abridged Financial Statements |
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Year Ended 31 December 2025
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Abridged statement of financial position |
1 |
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Notes to the abridged financial statements |
3 |
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Baslow Hall Holdings Limited |
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Abridged Statement of Financial Position |
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31 December 2025
Fixed Assets
|
Investments |
5 |
|
4,553,429 |
4,553,429 |
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|
|
|
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Current Assets
|
Debtors |
– |
|
3,425 |
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Cash at bank and in hand |
78,358 |
|
51,799 |
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-------- |
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-------- |
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78,358 |
|
55,224 |
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|
|
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Creditors: amounts falling due within one year |
425,914 |
|
455,962 |
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--------- |
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--------- |
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Net Current Liabilities |
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347,556 |
400,738 |
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------------ |
------------ |
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Total Assets Less Current Liabilities |
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4,205,873 |
4,152,691 |
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Provisions
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Taxation including deferred tax |
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506,250 |
506,250 |
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------------ |
------------ |
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Net Assets |
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3,699,623 |
3,646,441 |
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------------ |
------------ |
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Capital and Reserves
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Called up share capital |
6 |
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100 |
100 |
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Profit and loss account |
7 |
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3,699,523 |
3,646,341 |
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------------ |
------------ |
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Shareholders Funds |
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3,699,623 |
3,646,441 |
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------------ |
------------ |
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These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
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.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.
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Baslow Hall Holdings Limited |
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Abridged Statement of Financial Position (continued) |
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31 December 2025
These abridged financial statements were approved by the
board of directors
and authorised for issue on
7 May 2026
, and are signed on behalf of the board by:
Company registration number:
11164556
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Baslow Hall Holdings Limited |
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Notes to the Abridged Financial Statements |
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Year Ended 31 December 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Baslow Hall, Calver Road, Baslow, Bakewell, DE45 1RR.
2.
Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Rental income represents the rents due for the year.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Investment property
Investment property is carried at fair value determined annually. No depreciation is provided. Changes in fair value are recognised in the profit and loss for the period.
Investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2024:
2
).
5.
Investments
|
Shares in group undertakings |
Investment property |
Total |
|
£ |
£ |
£ |
|
Cost |
|
|
|
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At 1 January 2025 and 31 December 2025 |
53,429 |
4,500,000 |
4,553,429 |
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-------- |
------------ |
------------ |
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Impairment |
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At 1 January 2025 and 31 December 2025 |
– |
– |
– |
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-------- |
------------ |
------------ |
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Carrying amount |
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At 31 December 2025 |
53,429 |
4,500,000 |
4,553,429 |
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-------- |
------------ |
------------ |
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At 31 December 2024 |
53,429 |
4,500,000 |
4,553,429 |
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-------- |
------------ |
------------ |
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The land and buildings were revaluated by Savills, Chartered Surveyors at an open market value of £4,500,000 in February 2022. The directors consider this value to be representative of the market value at the balance sheet date.
6.
Called up share capital
Issued, called up and fully paid
|
2025 |
2024 |
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No. |
£ |
No. |
£ |
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Ordinary shares of £ 1 each |
100 |
100 |
100 |
100 |
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---- |
---- |
---- |
---- |
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7.
Reserves
Both previous UK GAAP and FRS 102 require investment properties to be stated in the accounts at their current market value, with no annual depreciation charge. However, while previous UK GAAP stipulated that the surplus on revaluation of the property should be held in the revaluation reserve, which is an unrealised surplus that does not form part of the company's distributable reserve. FRS 102 requires that these surpluses, although still not distributable, be charged through the Profit and Loss Account. Consequently, the Profit and Loss Account reserve at 31 December 2025 includes a non-distributable amount of £1,518,750 (2024: £1,518,750).
8.
Related party transactions
During the year the company received and provided loans with related parties. The balances between related parties at 31 December 2025 are as follows:-
|
|
2025 |
2024 |
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|
£ |
£ |
|
Amounts due to entities where we hold a controlling interest |
(401,747) |
(424,747) |
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Amounts due from other related parties |
– |
3,425 |
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All loans are unsecured, interest free and repayable on demand.