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Company registration number: 02353965
Fleming Residential Limited
Unaudited filleted financial statements
31 March 2026
Fleming Residential Limited
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Fleming Residential Limited
Directors and other information

| Directors | Mr Craig Nigel Fleming |
|  | Mrs Lara Fleming | (Appointed 19 March 2026)
| Company number | 02353965 |
| Registered office | 7 Silver Drive |
|  | Dersingham |
|  | King's Lynn |
|  | Norfolk |
|  | PE31 6YB |
| Business address | 7 Silver Drive |
|  | Dersingham |
|  | King's Lynn |
|  | Norfolk |
|  | PE31 6YB |

Fleming Residential Limited
Statement of financial position
31 March 2026

|  |  | 2026 |  |  |  | 2025 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Tangible assets |  | 5 | 1,515,203 |  |  |  | 1,882,408 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 1,515,203 |  |  |  | 1,882,408
Current assets |  |  |  |  |  |  |  |  |
Debtors |  | 6 | 4,363 |  |  |  | 3,498 |  |
Cash at bank and in hand |  |  | 60,463 |  |  |  | 32,706 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 64,826 |  |  |  | 36,204 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 7 | ( 161,079) |  |  |  | ( 227,490) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current liabilities |  |  |  |  | ( 96,253) |  |  |  | ( 191,286)
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 1,418,950 |  |  |  | 1,691,122
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
after more than one year |  | 8 |  |  | ( 574,812) |  |  |  | ( 803,777)
Provisions for liabilities |  |  |  |  | ( 43,609) |  |  |  | ( 54,070)
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 800,529 |  |  |  | 833,275
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 95 |  |  |  | 95
Profit and loss account |  | 9 |  |  | 800,434 |  |  |  | 833,180
|  |  |  |  | _______ |  |  |  | _______
Shareholder funds |  |  |  |  | 800,529 |  |  |  | 833,275
|  |  |  |  | _______ |  |  |  | _______

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 21 June 2026 , and are signed on behalf of the board by:
Mr Craig Nigel Fleming
Director
Company registration number: 02353965
Fleming Residential Limited
Notes to the financial statements
Year ended 31 March 2026
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 7 Silver Drive, Dersingham, King's Lynn, Norfolk, PE31 6YB.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for the rental of property under operating leases on a straight line basis over the period of the lease.
Taxation
The taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period. 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. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.Any tangible assets carried at revalued amounts is recorded at the fair value at the date of revaluation less any subseqeunt accumulated depreciation and subsequent accumulated impairment losses.An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fittings fixtures and equipment | - | 33% % | reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates .
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Staff costs
The average number of persons employed by the company during the year amounted to 1 (2025: 1 ).
The aggregate payroll costs incurred during the year were:

|  |  | 2026 | 2025
|  |  | £ | £
| Wages and salaries |  | 5,000 | 9,100
| Other pension costs |  | 6,000 | 31,000
|  |  | _______ | _______
|  |  | 11,000 | 40,100
|  |  | _______ | _______

5. Tangible assets

|  | Freehold property | Fixtures, fittings and equipment | Total |  |  |  |
|  | £ | £ | £ |  |  |  |
| Cost |  |  |  |  |  |  |
| At 1 April 2025 | 1,882,000 | 2,456 | 1,884,456 |  |  |  |
| Disposals | ( 367,000) | - | ( 367,000) |  |  |  |
|  | _______ | _______ | _______ |  |  |  |
| At 31 March 2026 | 1,515,000 | 2,456 | 1,517,456 |  |  |  |
|  | _______ | _______ | _______ |  |  |  |
| Depreciation |  |  |  |  |  |  |
| At 1 April 2025 | - | 2,048 | 2,048 |  |  |  |
| Charge for the year | - | 205 | 205 |  |  |  |
|  | _______ | _______ | _______ |  |  |  |
| At 31 March 2026 | - | 2,253 | 2,253 |  |  |  |
|  | _______ | _______ | _______ |  |  |  |
| Carrying amount |  |  |  |  |  |  |
| At 31 March 2026 | 1,515,000 | 203 | 1,515,203 |  |  |  |
|  | _______ | _______ | _______ |  |  |  |
| At 31 March 2025 | 1,882,000 | 408 | 1,882,408 |  |  |  |
|  | _______ | _______ | _______ |  |  |  |

6. Debtors

|  |  | 2026 | 2025
|  |  | £ | £
| Trade debtors |  | 2,332 | 1,445
| Other debtors |  | 2,031 | 2,053
|  |  | _______ | _______
|  |  | 4,363 | 3,498
|  |  | _______ | _______

7. Creditors: amounts falling due within one year

|  |  | 2026 | 2025
|  |  | £ | £
| Bank loans and overdrafts |  | 100,500 | 56,250
| Trade creditors |  | 1,010 | 369
| Corporation tax |  | 11,223 | 5,591
| Social security and other taxes |  | - | 817
| Other creditors |  | 48,346 | 164,463
|  |  | _______ | _______
|  |  | 161,079 | 227,490
|  |  | _______ | _______

8. Creditors: amounts falling due after more than one year

|  |  | 2026 | 2025
|  |  | £ | £
| Bank loans and overdrafts |  | 574,812 | 803,777
|  |  | _______ | _______

Bank loans and overdrafts are secured on the investment properties to which they relate.
9. Reserves
The profit and loss account includes unrealised reserves amounting to £174,436 (2025 - £215,953).
10. Directors advances, credits and guarantees

| During the year the directors entered into the following advances and credits with the company: |  |  |  |  |  |
2026 |  |  |  |  |  |  |
|  | Balance brought forward | Advances /(credits) to the directors | Amounts repaid | Balance o/standing |  |
|  | £ | £ | £ | £ |  |
| Mr Craig Nigel Fleming | ( 153,450) | ( 50,550) | 162,457 | ( 41,543) |  |
|  | _______ | _______ | _______ | _______ |  |
2025 |  |  |  |  |  |  |
|  | Balance brought forward | Advances /(credits) to the directors | Amounts repaid | Balance o/standing |  |
|  | £ | £ | £ | £ |  |
| Mr Craig Nigel Fleming | ( 31,246) | ( 202,898) | 80,694 | ( 153,450) |  |
|  | _______ | _______ | _______ | _______ |  |