REGISTERED NUMBER: 15767501 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Stoneferry Estates 2 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T Healey

T W Healey

REGISTERED OFFICE:

Ferriby Hall

High Street

North Ferriby

East Yorkshire

HU14 3JP

REGISTERED NUMBER:

15767501 (England and Wales)

ACCOUNTANTS:

WOODGATES

Chartered Accountants

25 Woodgates Lane

North Ferriby

East Yorkshire

HU14 3JR

FIXED ASSETS

Tangible assets

5

281

505

Investment property

6

7,537,500

7,537,500

7,537,781

7,538,005

CURRENT ASSETS

Debtors

7

192,972

194,355

Cash at bank

175,945

133,623

368,917

327,978

CREDITORS

Amounts falling due within one year

8

244,875

1,689,383

NET CURRENT ASSETS/(LIABILITIES)

124,042

(1,361,405

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,661,823

6,176,600

CREDITORS

Amounts falling due after more than one year

9

(1,500,000

)

-

PROVISIONS FOR LIABILITIES

(1,105,896

)

(1,105,896

)

NET ASSETS

5,055,927

5,070,704

CAPITAL AND RESERVES

Called up share capital

5,022,668

5,022,668

Retained earnings

33,259

48,036

5,055,927

5,070,704

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 June 2026 and were signed on its behalf by:

T W Healey - Director

1.	STATUTORY INFORMATION

Stoneferry Estates 2 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.	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 provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Significant judgements and estimates

The directors revalue the Company's investment properties each year. The determination of the fair value of each property requires the use of estimates and assumptions in relation to factors such as future rental income and current market conditions.

Turnover

Rental income arising from operating leases on investment properties is accounted for on a straight line basis over the lease term.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Investment property

Investment properties are shown at the most recent fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account. Deferred taxation is provided on gains recognised in the profit and loss account. No depreciation is provided on investment properties.

Financial instruments

Cash and bank balances

Cash and bank balances are recognised at transaction price.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a financing transaction it is measured at the present value of future payments.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

673

DEPRECIATION

At 1 April 2025

168

Charge for year

224

At 31 March 2026

392

NET BOOK VALUE

At 31 March 2026

281

At 31 March 2025

505

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

7,537,500

NET BOOK VALUE

At 31 March 2026

7,537,500

At 31 March 2025

7,537,500

Investment Properties were valued during the period ended 31 March 2025 on an open market basis by Colliers International Valuation UK LLP.

The Directors consider the values at the year end to be the same as professionally valued.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

56,530

58,059

Amounts owed by group undertakings

129,193

135,000

Other debtors

7,249

1,296

192,972

194,355

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

-

1,500,000

Trade creditors

3,227

1,525

Taxation and social security

93,635

45,595

Other creditors

148,013

142,263

244,875

1,689,383

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

1,500,000

-

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Bank loans

1,500,000

1,500,000

Bank loans are secured against investment properties.

11.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £129,193 (2025 - £95,000) from it's parent company Beaver Developments Limited . The loan was interest free and repayable on demand.

At the balance sheet date the company was owed Nil (2025 - £40,000) from a group company Stoneferry Properties Limited . The loan was interest free and repayable on demand.

12.	ULTIMATE PARENT COMPANY

The ultimate parent company is Beaver Developments Limited (Company Number 01578823) registered in England & Wales. Beaver Developments Limited registered address and principal place of business is Ferriby Hall, North Ferriby, East Yorkshire, England, HU14 3JP.