REGISTERED NUMBER: 01124395 (England and Wales)

Miscombe Group Limited

Financial Statements for the Year Ended 30th September 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R A Barnett

REGISTERED OFFICE:

1 Jacobs Yard

North Lane

Buriton

Petersfield

Hampshire

GU31 5RR

REGISTERED NUMBER:

01124395 (England and Wales)

ACCOUNTANTS:

Sheen Stickland

Chartered Accountants

2 Oriel Court

Omega Park

Alton

Hampshire

GU34 2YT

FIXED ASSETS

Owned

Tangible assets

4

-

-

Right-of-use

Tangible assets

4, 9

21,618

-

Investments

5

1,523,643

1,523,643

1,545,261

1,523,643

CURRENT ASSETS

Debtors

6

3,958,119

4,143,341

Cash at bank

528,994

1,229,428

4,487,113

5,372,769

CREDITORS

Amounts falling due within one year

7

(1,058,366

)

(1,633,849

)

NET CURRENT ASSETS

3,428,747

3,738,920

TOTAL ASSETS LESS CURRENT LIABILITIES

4,974,008

5,262,563

CREDITORS

Amounts falling due after more than one year

8

(10,383

)

-

NET ASSETS

4,963,625

5,262,563

CAPITAL AND RESERVES

Called up share capital

10

465,000

465,000

Capital redemption reserve

11

35,000

35,000

Retained earnings

11

4,463,625

4,762,563

SHAREHOLDERS' FUNDS

4,963,625

5,262,563

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27th June 2026 and were signed by:

R A Barnett - Director

1.	STATEMENT OF COMPLIANCE

Miscombe Group Limited is a private company, limited by shares, incorporated in England and Wales. The address of the registered office is 1 Jacobs Yard, Buriton, Petersfield, GU31 5RR. The registration number is 01124395.

The financial statements are presented in sterling, which is the functional currency of the company, and rounded to the nearest pound.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Investments in subsidiaries and associates

Investments in subsidiaries and associates are held as fixed assets and stated at cost less provision for impairment.

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.

Leases

Leases are recognised as finance leases. The lease liability is initially recognised at the present value of the lease payments which have not yet been made and subsequently measured under the amortised cost method. The initial cost of the right-of-use asset comprises the amount of the initial measurement of the lease liability, lease payments made prior to the lease commencement date, initial direct costs and the estimated costs of removing or dismantling the underlying asset per the conditions of the contract.

Where ownership of the right-of-use asset transfers to the lessee at the end of the lease term, the right-of-use asset is depreciated over the asset’s remaining useful life. If ownership of the right-of-use asset does not transfer to the lessee at the end of the lease term, depreciation is charged over the shorter of the useful life of the right-of-use asset and the lease term.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

Additions

22,928

At 30th September 2025

22,928

DEPRECIATION

Charge for year

1,310

At 30th September 2025

1,310

NET BOOK VALUE

At 30th September 2025

21,618

5.	FIXED ASSET INVESTMENTS

Shares in

Interest

group

in

undertakings

associate

Totals

£

£

£

COST

At 1st October 2024

and 30th September 2025

21,103

1,502,540

1,523,643

NET BOOK VALUE

At 30th September 2025

21,103

1,502,540

1,523,643

At 30th September 2024

21,103

1,502,540

1,523,643

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Amounts owed by related parties

1,006,667

1,204,678

Prepayments and accrued income

3,952

88,663

1,010,619

1,293,341

2025

2024

£

£

Amounts falling due after more than one year:

Amounts owed by group undertakings

2,947,500

2,850,000

Aggregate amounts

3,958,119

4,143,341

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Leases (see note 9)

5,405

-

Trade creditors

893

-

Amounts owed to group undertakings

100

100

Amounts owed to related parties

1,000,000

1,575,000

Social security and other taxes

5,933

2,714

VAT

6,383

1,092

Accruals and deferred income

39,652

54,943

1,058,366

1,633,849

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Leases (see note 9)

10,383

-

9.

LEASING

Right-of-use assets

Tangible fixed assets

2025

2024

£

£

COST

Additions

22,928

-

DEPRECIATION

Charge for year

1,310

-

NET BOOK VALUE

21,618

-

Lease liabilities

Minimum lease payments fall due as follows: Within one year £5,404 (2024: £-); between one and

five years £10,383 (2024: £-).

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

465,000

Ordinary

£1

465,000

465,000

11.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1st October 2024

4,762,563

35,000

4,797,563

Profit for the year

201,062

201,062

Dividends

(500,000

)

(500,000

)

At 30th September 2025

4,463,625

35,000

4,498,625

12.	RELATED PARTY DISCLOSURES

During the year, Miscombe Group Limited received £275,000 (2022: £275,000) of management fees from companies which share the same ultimate parent controlling party, K D Barnett.

Included in creditors is an amount loaned to the group from the BTD Pension scheme, of which Miscombe Group Limited is the sponsoring organisation. The loan is repayable on demand and accrues 5% interest per annum. The loan has a charge over the company property.

13.	ULTIMATE CONTROLLING PARTY

The company's ultimate parent undertaking is Miscombe Trading Limited, a company incorporated in England and Wales. The registered office of this company is 1 Jacobs Yard, Buriton, Petersfield, GU31 5RR.