Registered number: 09575656

BEERVIEW (COTSWOLDS) LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2025

BEERVIEW (COTSWOLDS) LIMITED

REGISTERED NUMBER: 09575656

BALANCE SHEET

AS AT 31 DECEMBER 2025

BEERVIEW (COTSWOLDS) LIMITED

REGISTERED NUMBER: 09575656

    

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 

The notes on pages 3 to 7 form part of these financial statements.

BEERVIEW (COTSWOLDS) LIMITED

 

 

 

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Beerview (Cotswolds) Limited ('the Company') is a private company, limited by shares, domiciled and incorporated in England and Wales (registered number: 09575656). The registered office address is 25 Hanover Square, London, England, W1S 1JF.

The Company's principal activity is to acquire, develop and hold investment property with a view to generating long-term rental and capital appreciation.

The Company's functional and presentational currency is GBP.

2.Accounting policies

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

The directors have assessed the Company’s ability to continue as a going concern, taking into account its financial position, forecast cash flows and available financing facilities.

The Company is supported by its immediate parent undertaking, which has provided long-term funding. The directors have a reasonable expectation that this support will continue for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.

The directors have not identified any material uncertainties that may cast significant doubt on the Company’s ability to continue as a going concern.

All rental income relates to operating leases (see note 2.4 below).

Rental income from operating leases is credited to profit or loss on a straight-line basis over the lease term.

Amounts paid and payable as an incentive to sign an operating lease are recognised as a reduction to income over the lease term on a straight-line basis, unless another systematic basis is representative of the time pattern over which the lessor's benefit from the leased asset is diminished.

Interest income is recognised in profit or loss using the effective interest method.

BEERVIEW (COTSWOLDS) LIMITED

 

 

 

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Investment property is carried at fair value determined annually by external valuers or reviewed by the directors where appropriate and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Short-term debtors are measured at transaction price, less any impairment.

Loans receivable from group undertakings are interest-free and provided for strategic funding purposes. Having regard to the nature of the arrangements, the relationship between the parties and the intention to provide long-term financial support, such balances are recognised at the transaction price. The directors consider that discounting these balances to present value would not provide reliable or more relevant information. Accordingly, the loans are not measured using the amortised cost method.

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

BEERVIEW (COTSWOLDS) LIMITED

 

 

 

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

Short-term creditors are measured at the transaction price.

Other financial liabilities are measured initially at fair value, net of transaction costs, and subsequently at amortised cost using the effective interest method, except for interest-free loans from shareholders, which are recognised at the transaction price. 

The investment property was externally valued at the prior year-end. At the current reporting date, the directors have reviewed the prior valuation and considered current market conditions and property specific factors. On this basis, they consider that the carrying value of the investment property continues to represent a reasonable approximation of fair value. No material fair value movement has therefore been recognised during the year.

BEERVIEW (COTSWOLDS) LIMITED

 

 

 

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

BEERVIEW (COTSWOLDS) LIMITED

 

 

 

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025