Periwinkle Estates Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07325347 (England and Wales)

PERIWINKLE ESTATES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Investment property

4

450,000

CURRENT ASSETS

Debtors

5

22,032

525

Cash at bank

78,119

105,040

100,151

105,565

CREDITORS

Amounts falling due within one year

6

21,911

23,202

NET CURRENT ASSETS

78,240

82,363

TOTAL ASSETS LESS CURRENT
LIABILITIES

528,240

532,363

CREDITORS

Amounts falling due after more than one
year

7

(49,667

)

(61,376

)

PROVISIONS FOR LIABILITIES

(32,550

)

(32,550

)

NET ASSETS

446,023

438,437

CAPITAL AND RESERVES

Called up share capital

9

2

Fair value reserve

10

136,456

Retained earnings

309,565

301,979

446,023

438,437

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 11 May 2026 and were signed on its behalf by:

T J Haywood - Director

Mrs R C Haywood - Director

1.	STATUTORY INFORMATION

Periwinkle Estates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07325347

Registered office:

Unit C2, Pierson Court

Knowl Piece

Wilbury Way

Hitchin

Hertfordshire

SG4 0TY

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The directors have a reasonable expectation that the company will continue to operate for the foreseeable future and so these financial statements are prepared on the going concern basis.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion, there are no significant judgements or key sources of estimation uncertainty.

Turnover

The company lets its investment property and turnover represents the rent received or receivable in the year; it excludes discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

and 30 November 2025

450,000

NET BOOK VALUE

At 30 November 2025

450,000

At 30 November 2024

450,000

Fair value at 30 November 2025 is represented by:

£

Valuation in 2019

69,006

Valuation in 2024

100,000

Cost

280,994

450,000

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

2025

2024

£

Cost

280,994

Investment property was valued on an open market basis on 30 November 2025 by the directors. .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

1,072

-

Other debtors

20,960

525

22,032

525

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts (see note 8)

12,485

13,262

Taxation and social security

5,485

8,407

Other creditors

3,941

1,533

21,911

23,202

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans (see note 8)

49,667

61,376

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

8,325

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due within one year or on demand:

Bank loans

12,485

13,262

Amounts falling due between one and two years:

Bank loans - 1-2 years

12,485

13,263

Amounts falling due between two and five years:

Bank loans - 2-5 years

37,182

39,788

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

8,325

The bank loan is secured by a fixed and floating charge over the companies assets.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class

Nominal
Value

2025

2024

90

Ordinary A

0.01

0.9

90

Ordinary B

0.01

0.9

5

Ordinary C

0.01

0.05

5

Ordinary D

0.01

0.05

5

Ordinary E

0.01

0.05

5

Ordinary F

0.01

0.05

TOTAL

2

During the previous year there was a sub division of shares where the 2 Ordinary shares were split into six separate share classes Ordinary A-F as detailed above.

10.

RESERVES

Fair

value

reserve

£

At 1 December 2024

and 30 November 2025

136,456

11.	RELATED PARTY DISCLOSURES

H.J Haywood & Sons Limited

A company in which T Haywood and R Haywood are both directors and shareholders.

During the year, the company was received rent amounting to £29,872 (2024: £28,649).