REGISTERED NUMBER: 04341168 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

BEAR EAST LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J King

Mrs L J King

SECRETARY:

J King

REGISTERED OFFICE:

17 Lyons Lane

Appleton

Warrington

Cheshire

WA4 5JG

REGISTERED NUMBER:

04341168 (England and Wales)

ACCOUNTANTS:

Mattocks Grindley

18 Mulberry Avenue

Turnstone Park

Widnes

Cheshire

WA8 0WN

FIXED ASSETS

Tangible assets

4

227

303

Investment property

5

1,325,000

1,310,000

1,325,227

1,310,303

CURRENT ASSETS

Debtors

162,088

172,496

Cash at bank

66,377

91,545

228,465

264,041

CREDITORS

Amounts falling due within one year

165,865

219,870

NET CURRENT ASSETS

62,600

44,171

TOTAL ASSETS LESS CURRENT LIABILITIES

1,387,827

1,354,474

CREDITORS

Amounts falling due after more than one year

(355,520

)

(355,520

)

PROVISIONS FOR LIABILITIES

(148,833

)

(145,083

)

NET ASSETS

883,474

853,871

CAPITAL AND RESERVES

Called up share capital

6

6

Fair value reserve

7

677,560

756,309

Retained earnings

7

205,908

97,556

SHAREHOLDERS' FUNDS

883,474

853,871

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 June 2026 and were signed on its behalf by:

J King - Director

1.	STATUTORY INFORMATION

Bear East 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the total amounts of rent receivable by the company. Rental income is recognised on a straight line basis over the period of the lease.

Tangible fixed assets

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

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

and 31 December 2025

1,150

DEPRECIATION

At 1 January 2025

847

Charge for year

76

At 31 December 2025

923

NET BOOK VALUE

At 31 December 2025

227

At 31 December 2024

303

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

1,310,000

Revaluations

15,000

At 31 December 2025

1,325,000

NET BOOK VALUE

At 31 December 2025

1,325,000

At 31 December 2024

1,310,000

The investment properties have been valued on an open market value basis by the directors on 31 December 2025 at £1,325,000.

Fair value at 31 December 2025 is represented by:

£

Valuation in 2010

707,620

Valuation in 2021

34,000

Valuation in 2022

209,518

Valuation in 2023

4,000

Valuation in 2024

(143,745

)

Valuation in 2025

15,000

Cost

498,607

1,325,000

6.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank loans

355,520

355,520

The bank loan is secured by a charge over the properties to which it relates.

7.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 January 2025

97,556

756,309

853,865

Profit for the year

39,603

39,603

Dividends

(10,000

)

(10,000

)

Revaluation

(15,000

)

15,000

-

Transfer to Retained earnings

89,999

(89,999

)

-

Deferred tax

3,750

(3,750

)

-

At 31 December 2025

205,908

677,560

883,468