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Registration number: 15507799

Frank Marshall Estates (Cottingley) Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 September 2025

Frank Marshall Estates (Cottingley) Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 4

Frank Marshall Estates (Cottingley) Limited

(Registration number: 15507799)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |  |  |
Investment property | 4 |  | 5,483,181 |  | 5,483,181
Current assets |  |  |  |  |
Debtors | 5 | 84,523 |  | 57,752 |
Cash at bank and in hand |  | 6,986 |  | 17,651 |
|  | 91,509 |  | 75,403 |
Creditors: Amounts falling due within one year | 6 | (5,158,218) |  | (3,686,689) |
Net current liabilities |  |  | (5,066,709) |  | (3,611,286)
Total assets less current liabilities |  |  | 416,472 |  | 1,871,895
Creditors: Amounts falling due after more than one year | 6 |  | - |  | (1,700,000)
Provisions for liabilities |  |  | (108,000) |  | -
Net assets |  |  | 308,472 |  | 171,895
Capital and reserves |  |  |  |  |
Called up share capital | 7 | 100 |  | 100 |
Retained earnings |  | 308,372 |  | 171,795 |
Shareholders' funds |  |  | 308,472 |  | 171,895

For the financial year ending 30 September 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 June 2026 and signed on its behalf by:

......................................... J E Marshall Director | ......................................... F E Marshall Director |

Frank Marshall Estates (Cottingley) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
The West Wing
The Newhall
Newhall Way
Bradford
BD5 8FF

These financial statements were authorised for issue by the Board on 18 June 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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 disclosure and presentation requirements of Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company's functional and presentation currency is pound sterling.

Disclosure of long or short period

The previous financial statements were for the period 20 February 2024 to 30 September 2025 as a result of incorporation. The shorter period was to align the year end with fellow group companies. As such, previous year comparatives are not comparable with the current year totals.

Revenue recognition

Turnover represents amounts chargeable, net of value added tax, in respect of rents and service charges.
The company recognises revenue when the amount of revenue can be measured reliably and it is probable that future economic benefits will flow to the entity.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Frank Marshall Estates (Cottingley) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually. Valuations are based on observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Financial instruments

Financial assets
Basic financial assets, including trade and other receivables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar asset. Such assets are subsequently carried at amortised cost using the effective interest method.
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss and any subsequent reversal is recognised in profit or loss.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.
Financial liabilities
Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

3 | Staff numbers

The average number of persons employed by the company during the year, was 0 (2024 - 0).

Frank Marshall Estates (Cottingley) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4 | Investment properties

| 2025 £
At 1 October | 5,483,181
At 30 September | 5,483,181

There has been no valuation of investment property by an independent valuer.

5 | Debtors

Current | 2025 £ | 2024 £
Prepayments | 28,531 | 26,518
Other debtors | 55,992 | 31,234
| 84,523 | 57,752

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 10,320 | 23,926
Taxation and social security | 28,844 | 26,010
Accruals and deferred income | 31,716 | 12,821
Other creditors | 5,087,338 | 3,623,932
| 5,158,218 | 3,686,689

Creditors: amounts falling due after more than one year

| 2025 £ | 2024 £
Due after one year |  |
Other creditors | - | 1,700,000

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary Shares of £1 each | 100 | 100 | 100 | 100