REGISTERED NUMBER: 05598126 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

BYWATER DEVELOPMENTS (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J-C Ricart

R Fiquet

REGISTERED OFFICE:

Pike Road Industrial Estate

Pike Road

Eythorne

Kent

CT15 4ND

REGISTERED NUMBER:

05598126 (England and Wales)

ACCOUNTANTS:

Spain Brothers & Co

Chartered Accountants

27 New Dover Road

Canterbury

Kent

CT1 3DN

FIXED ASSETS

Investment property

4

750,000

750,000

CURRENT ASSETS

Cash at bank

14,962

23,601

CREDITORS

Amounts falling due within one year

5

101,645

93,809

NET CURRENT LIABILITIES

(86,683

)

(70,208

)

TOTAL ASSETS LESS CURRENT LIABILITIES

663,317

679,792

CREDITORS

Amounts falling due after more than one year

6

(102,526

)

(137,305

)

PROVISIONS FOR LIABILITIES

(60,070

)

(60,070

)

NET ASSETS

500,721

482,417

CAPITAL AND RESERVES

Called up share capital

2

2

Revaluation reserve

8

180,210

180,210

Retained earnings

320,509

302,205

500,721

482,417

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 9th July 2026 and were signed on its behalf by:

R Fiquet - Director

1.	STATUTORY INFORMATION

Bywater Developments (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st January 2025

and 31st December 2025

750,000

NET BOOK VALUE

At 31st December 2025

750,000

At 31st December 2024

750,000

Fair value at 31st December 2025 is represented by:

£

Valuation in 2023

240,280

Cost

509,720

750,000

Commercial investment property was valued on an open market basis on the 31th October 2023 by Caxtons an independent valuation and lease advisory.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

42,150

32,318

Amounts owed to group undertakings

50,578

50,578

Other creditors

3,400

3,400

Directors' current accounts

13

13

Accruals and deferred income

5,504

7,500

101,645

93,809

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans - 1-2 years

35,665

31,802

Other loans - 2-5 years

66,861

105,503

102,526

137,305

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

The Barclays Bank mortgage was fully repaid during the 2024 year by way of a loan from Orion SARL the ultimate parent company whose registered address is Z.A-St Jean de la Neuville, 76210 Bolbec, France. The loan is for a 5 year term (see note 6).

8.

RESERVES

Revaluation

reserve

£

At 1st January 2025

and 31st December 2025

180,210