IRIS Accounts Production v26.1.10.61 08751021 Board of Directors 1.1.25 31.12.25 31.12.25 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 08751021 2024-12-31 08751021 2025-12-31 08751021 2025-01-01 2025-12-31 08751021 2023-12-31 08751021 2024-01-01 2024-12-31 08751021 2024-12-31 08751021 ns15:EnglandWales 2025-01-01 2025-12-31 08751021 ns14:PoundSterling 2025-01-01 2025-12-31 08751021 ns10:Director1 2025-01-01 2025-12-31 08751021 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 08751021 ns10:SmallEntities 2025-01-01 2025-12-31 08751021 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 08751021 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 08751021 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 08751021 ns10:FullAccounts 2025-01-01 2025-12-31 08751021 ns10:Director2 2025-01-01 2025-12-31 08751021 ns10:RegisteredOffice 2025-01-01 2025-12-31 08751021 ns5:CurrentFinancialInstruments 2025-12-31 08751021 ns5:CurrentFinancialInstruments 2024-12-31 08751021 ns5:ShareCapital 2025-12-31 08751021 ns5:ShareCapital 2024-12-31 08751021 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 08751021 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 08751021 ns5:PlantMachinery 2025-01-01 2025-12-31 08751021 ns5:FurnitureFittings 2025-01-01 2025-12-31 08751021 ns5:MotorVehicles 2025-01-01 2025-12-31 08751021 ns5:ComputerEquipment 2025-01-01 2025-12-31 08751021 ns5:PlantMachinery 2024-12-31 08751021 ns5:FurnitureFittings 2024-12-31 08751021 ns5:MotorVehicles 2024-12-31 08751021 ns5:ComputerEquipment 2024-12-31 08751021 ns5:PlantMachinery 2025-12-31 08751021 ns5:FurnitureFittings 2025-12-31 08751021 ns5:MotorVehicles 2025-12-31 08751021 ns5:ComputerEquipment 2025-12-31 08751021 ns5:PlantMachinery 2024-12-31 08751021 ns5:FurnitureFittings 2024-12-31 08751021 ns5:MotorVehicles 2024-12-31 08751021 ns5:ComputerEquipment 2024-12-31 08751021 ns5:CostValuation ns5:ListedExchangeTraded 2024-12-31 08751021 ns5:AdditionsToInvestments ns5:ListedExchangeTraded 2025-12-31 08751021 ns5:RevaluationsIncreaseDecreaseInInvestments ns5:ListedExchangeTraded 2025-12-31 08751021 ns5:CostValuation ns5:ListedExchangeTraded 2025-12-31 08751021 ns5:ListedExchangeTraded 2025-12-31 08751021 ns5:ListedExchangeTraded 2024-12-31 08751021 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 08751021 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 08751021 ns5:Non-currentFinancialInstruments 2025-12-31 08751021 ns5:Non-currentFinancialInstruments 2024-12-31 08751021 ns10:Director1 1 2024-12-31 08751021 ns10:Director1 1 2023-12-31 08751021 ns10:Director1 1 2025-01-01 2025-12-31 08751021 ns10:Director1 1 2024-01-01 2024-12-31 08751021 ns10:Director1 1 2025-12-31 08751021 ns10:Director1 1 2024-12-31

REGISTERED NUMBER: 08751021 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2025 |

| FOR |

| ASHMEAD INVESTMENTS LIMITED |

ASHMEAD INVESTMENTS LIMITED (REGISTERED NUMBER: 08751021) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| ASHMEAD INVESTMENTS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTORS: | P Millington

| C A Millington

| REGISTERED OFFICE: | 10 Stadium Business Court

| Millenium Way

| Pride Park

| Derby

| DE24 8HP

| REGISTERED NUMBER: | 08751021 (England and Wales)

| ACCOUNTANTS: | TC Group

| 10 Stadium Business Court

| Millennium Way

| Pride Park

| Derby

| Derbyshire

| DE24 8HP

ASHMEAD INVESTMENTS LIMITED (REGISTERED NUMBER: 08751021) |

STATEMENT OF FINANCIAL POSITION

31 DECEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 202,776 |  | 241,304 |  |

Investments | 6 | 849,004 |  | 299,746 |  |

Investment property | 7 | 1,618,457 |  | 1,618,457 |  |

2,670,237 |  | 2,159,507 |  |

CURRENT ASSETS

Debtors | 8 | 631,739 |  | 816,123 |  |

Cash at bank | 2,231,004 |  | 2,329,712 |  |

2,862,743 |  | 3,145,835 |  |

CREDITORS

Amounts falling due within one year | 9 | 28,885 |  | 37,031 |  |

NET CURRENT ASSETS | 2,833,858 |  | 3,108,804 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 5,504,095 |  | 5,268,311 |  |

PROVISIONS FOR LIABILITIES | 15,121 |  | 6,917 |  |

NET ASSETS | 5,488,974 |  | 5,261,394 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 4,004 |  | 4,004 |  |

Retained earnings | 5,484,970 |  | 5,257,390 |  |

SHAREHOLDERS' FUNDS | 5,488,974 |  | 5,261,394 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

ASHMEAD INVESTMENTS LIMITED (REGISTERED NUMBER: 08751021) |

STATEMENT OF FINANCIAL POSITION - continued

31 DECEMBER 2025

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 13 July 2026 and were signed on its behalf by:

P Millington - Director

ASHMEAD INVESTMENTS LIMITED (REGISTERED NUMBER: 08751021) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| Ashmead Investments 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 as modified by the revaluation of certain assets.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Judgements and key sources of estimation uncertainty

| The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| 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 | - | 25% on cost

| Fixtures and fittings | - | 25% on cost

| Motor vehicles | - | 25% on reducing balance

| Equipment | - | 33% on reducing balance

| Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent 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.

| 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.

ASHMEAD INVESTMENTS LIMITED (REGISTERED NUMBER: 08751021) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

3. | ACCOUNTING POLICIES - continued

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

| Investments

| Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

| Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

4. | EMPLOYEES AND DIRECTORS

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

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |

| machinery |  | fittings |  | vehicles |  | Equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 January 2025 | 68,781 |  | 10,958 |  | 349,755 |  | 3,106 |  | 432,600 |  |

| Additions | - |  | - |  | 197,682 |  | - |  | 197,682 |  |

| Disposals | - |  | - |  | (243,964 | ) | - |  | (243,964 | ) |

| At 31 December 2025 | 68,781 |  | 10,958 |  | 303,473 |  | 3,106 |  | 386,318 |  |

| DEPRECIATION

| At 1 January 2025 | 45,577 |  | 5,341 |  | 138,653 |  | 1,725 |  | 191,296 |  |

| Charge for year | 4,641 |  | 2,189 |  | 50,602 |  | 460 |  | 57,892 |  |

| Eliminated on disposal | - |  | - |  | (65,646 | ) | - |  | (65,646 | ) |

| At 31 December 2025 | 50,218 |  | 7,530 |  | 123,609 |  | 2,185 |  | 183,542 |  |

| NET BOOK VALUE

| At 31 December 2025 | 18,563 |  | 3,428 |  | 179,864 |  | 921 |  | 202,776 |  |

| At 31 December 2024 | 23,204 |  | 5,617 |  | 211,102 |  | 1,381 |  | 241,304 |  |

ASHMEAD INVESTMENTS LIMITED (REGISTERED NUMBER: 08751021) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

6. | FIXED ASSET INVESTMENTS

| Shares in |

| participating |  | Listed |

| interests |  | investments |  | Totals

£ | £ | £ |

| COST OR VALUATION

| At 1 January 2025 | 1,000 |  | 298,746 |  | 299,746 |  |

| Additions | - |  | 500,000 |  | 500,000 |  |

| Revaluations | - |  | 49,258 |  | 49,258 |  |

| At 31 December 2025 | 1,000 |  | 848,004 |  | 849,004 |  |

| NET BOOK VALUE

| At 31 December 2025 | 1,000 |  | 848,004 |  | 849,004 |  |

| At 31 December 2024 | 1,000 |  | 298,746 |  | 299,746 |  |

| The historical cost of the investment bond held at the year end was £200,000.

7. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2025

| and 31 December 2025 | 1,618,457 |  |

| NET BOOK VALUE

| At 31 December 2025 | 1,618,457 |  |

| At 31 December 2024 | 1,618,457 |  |

| The historical cost of the investment property held at the year end was £1,689,534 (2024: £1,689,534).

| Fair value at 31 December 2025 is represented by:

£ |

| Valuation in 2023 | (71,077 | ) |

| Cost | 1,689,534 |  |

1,618,457 |  |

8. | DEBTORS

2025 | 2024 |

£ | £ |

| Amounts falling due within one year:

| Other debtors | 30,917 |  | 35,315 |  |

| Amts owed by/to related party | 123,839 |  | 336,592 |  |

| Directors' loan accounts | 190,815 |  | 36,715 |  |

| Prepayments | 1,182 |  | 1,253 |  |

346,753 |  | 409,875 |  |

ASHMEAD INVESTMENTS LIMITED (REGISTERED NUMBER: 08751021) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

8. | DEBTORS - continued

2025 | 2024 |

£ | £ |

| Amounts falling due after more than one year:

| Amts owed by/to related party | 106,008 |  | 200,619 |  |

| Other debtors | 178,978 |  | 205,629 |  |

284,986 |  | 406,248 |  |

| Aggregate amounts | 631,739 |  | 816,123 |  |

9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Tax | 13,825 |  | 31,935 |  |

| VAT | 12,980 |  | 3,556 |  |

| Accruals and deferred income | 2,080 |  | 1,540 |  |

28,885 |  | 37,031 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid: |  |

| Number: |  | Class: |  | Nominal Value: |  | 2025 |  | 2024 |  |

| 2,000 |  | A Ordinary |  | £1 |  | 2,000 |  | 2,000 |  |

| 2 |  | Preferred A Ordinary |  | £1 |  | 2 |  | 2 |  |

| 1 |  | Preferred B Ordinary |  | £1 |  | 1 |  | 1 |  |

| 1 |  | Preferred C Ordinary |  | £1 |  | 1 |  | 1 |  |

| 1,000 |  | B Ordinary |  | £1 |  | 1,000 |  | 1,000 |  |

| 1,000 |  | C Ordinary |  | £1 |  | 1,000 |  | 1,000 |  |

|  | 4,004 |  | 4,004 |  |

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025 | 2024 |

£ | £ |

| P Millington

| Balance outstanding at start of year | 36,715 |  | 278,307 |  |

| Amounts advanced | 196,100 |  | 46,408 |  |

| Amounts repaid | (42,000 | ) | (288,000 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 190,815 |  | 36,715 |  |

| It is company policy to charge interest on all overdrawn loan accounts at HMRC official rate of interest. The amount owed at the year end in respect of the above loans was £4,266 (2024: £4,792).

ASHMEAD INVESTMENTS LIMITED (REGISTERED NUMBER: 08751021) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

12. | RELATED PARTY DISCLOSURES

| During the year the company received dividends from its participating undertaking Mantawin Limited of £468,813 (2024: £776,250).