Registration number: 03756477

Cricket St Thomas Estate Limited

Contents

Abridged Balance Sheet	1 to 2
Notes to the Unaudited Abridged Financial Statements	3 to 5

Cricket St Thomas Estate Limited

(Registration number: 03756477)
Abridged Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	8,845	10,769
Investment property		3,252,595	3,134,092
Other financial assets	5	20	20
		3,261,460	3,144,881
Current assets
Debtors		177,203	226,483
Cash at bank and in hand		30,339	59,320
		207,542	285,803
Creditors: Amounts falling due within one year	6	(750,894)	(821,126)
Net current liabilities		(543,352)	(535,323)
Total assets less current liabilities		2,718,108	2,609,558
Creditors: Amounts falling due after more than one year	7	(1,370,122)	(1,410,145)
Provisions for liabilities		(70,798)	(70,688)
Net assets		1,277,188	1,128,725
Capital and reserves
Called up share capital		200	200
Other reserves		203,989	203,989
Profit and loss account		1,072,999	924,536
Total equity		1,277,188	1,128,725

Cricket St Thomas Estate Limited

(Registration number: 03756477)
Abridged Balance Sheet as at 31 March 2026

For the financial 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.

	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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the Company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 22 June 2026 and signed on its behalf by:
 

Mr J J A Taylor

Director

Mr M J Taylor

Director

Cricket St Thomas Estate Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales (registered number 03756477).

The address of its registered office is:
Estate Office
Cricket St Thomas
Chard
Somerset
TA20 4BZ

These financial statements were authorised for issue by the Board on 22 June 2026.

2	Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged 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.

Going concern

The financial statements have been prepared on a going concern basis.

At the balance sheet date, amounts included within other creditors comprise directors’ loan accounts. The directors have confirmed that repayment of these balances will not be demanded where this would compromise the business, and that they will continue to provide support for a period of at least 12 months from the date of approval of these financial statements.

Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

Tax

The tax expense for the period comprises current and 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.

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

Cricket St Thomas Estate Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% reducing balance method
Plant and machinery	20% reducing balance method

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use 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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 9 (2025 - 8).

4	Tangible assets

	Total £
Cost or valuation
At 1 April 2025	20,034
Additions	961
At 31 March 2026	20,995
Depreciation
At 1 April 2025	9,265
Charge for the year	2,885
At 31 March 2026	12,150
Carrying amount
At 31 March 2026	8,845
At 31 March 2025	10,769

Cricket St Thomas Estate Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

Investment properties

	2026 £
At 1 April	3,134,092
Additions	118,503
At 31 March	3,252,595

This has been stated at open market value as determined by a directors' valuation.

5	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 1 April 2025	20	20
At 31 March 2026	20	20
Carrying amount
At 31 March 2026	20	20

6	Creditors: amounts falling due within one year

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £34,200 (2025 - £28,400).

7	Creditors: amounts falling due after more than one year

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £1,370,122 (2025 - £1,410,145).