Five Miles From Cambridge Limited

Registered number

08222703

Filleted Accounts

31 October 2025

Five Miles From Cambridge Limited
Registered number:		08222703
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		1,524,158			1,501,543

Current assets
Debtors	5	83,696			210,338
Cash at bank and in hand		124,952			79,128
		208,648			289,466

Creditors: amounts falling due within one year	6	(85,807)			(120,410)

Net current assets			122,841			169,056

Total assets less current liabilities			1,646,999			1,670,599

Creditors: amounts falling due after more than one year	7		(643,105)			(697,256)

Provisions for liabilities			(61,990)			(56,337)


Net assets			941,904			917,006

Capital and reserves
Called up share capital			1,000			1,000
Fair value reserve	9		167,852			167,852
Profit and loss account			773,052			748,154

Shareholders' funds			941,904			917,006

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C H Miles
Director
Approved by the board on 21 May 2026

Five Miles From Cambridge Limited
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	The financial statements have been prepared on a going concern basis. The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company’s ability to continue as a going concern for the period of at least 12 months from the date of approval of these financial statements.

	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 rendering of services. Turnover 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			No depreciation
	Motor vehicles			25% straight line
	Fixtures, fittings, tools and equipment			25% straight line

	Investments properties
	Investments properties are included in the balance sheet at fair value. Gains and losses are recongised in the profit and loss.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Grant Income
	Grant income is recognised by the company using the accrual model. Grants relating to tangible fixed assets are treated as deferred income and released to the Profit and Loss Account over the expected useful lives of the assets concerned. Other grants are credited to the Profit and Loss Account as the related expenditure is incurred. Any grants that become receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support with no future related costs are recognised as income in the period in which it becomes receivable.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					0		0


3	Taxation					2025		2024
£							£
	Current year corporation tax charge					5,493		2,736
	Deferred Tax on timing differences					5,654		7,778

						11,147		10,514


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 November 2024	1,500,000		1,899		30,350		1,532,249
	Additions	-		-		24,094		24,094
	Reclassification	-		-				-
	Disposals	-		-		(30,350)		(30,350)
	Revaluation	-		-		-		-
	At 31 October 2025	1,500,000		1,899		24,094		1,525,993

	Depreciation
	At 1 November 2024	-		356		30,350		30,706
	Charge for the year	-		475		1,004		1,479
	Reclassification	-		-	-		-
	On disposals	-		-		(30,350)		(30,350)
	At 31 October 2025	-		831		1,004		1,835

	Net book value
	At 31 October 2025	1,500,000		1,068		23,090		1,524,158
	At 31 October 2024	1,500,000		1,543		-		1,501,543

	Investment Property:
						2024		2024
						£		£

	Historical cost					1,497,079		1,497,079

						1,497,079		1,497,079

	The property has been revalued at the year end by the directors of the company and this is considered a realistic current market value of the property at this time.


5	Debtors					2025		2024
£							£

	Trade debtors					25,388		4,680
	Other debtors					58,312		205,658
						83,700		210,338


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					38,689		60,604
	Trade creditors					1,334		1,687
	Taxation and social security costs					5,493		2,705
	Other creditors					40,291		55,414
						85,807		120,410


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					643,105		697,256


8	Loans					2025		2024
£							£
	Creditors include:
	Instalments falling due for payment after more than five years					498,092		525,394


	Secured bank loans					583,963		601,137

	The mortgage is secured by a charge over the property at 80 High Street, Sawston, which is owned by the company


9	Fair value reserve					2025		2024
£							£

	Gain on revaluation of land and buildings					-		167,852

	At 31 October 2025					167,852		167,852


	The property has been revalued at the year end by the directors of the company and this is considered a realistic current market value of the property at this time.

10	Related Party
	At the end of the year, there was a balance of £52,217 (£105,825) due from Somersault Limited. Both companies are controlled by Colin and Jessica Miles.

11	Other information

	Five Miles From Cambridge Limited is a private company limited by shares and incorporated in England. Its registered office is:
	80 High Street
	Sawston
	Cambridge
	England
	CB22 3HJ