Silverfin false false 31/12/2025 01/01/2025 31/12/2025 Mrs C Denley 01/12/2022 Mr N D R Henderson 04/07/2014 16 July 2026 The princple acitivity of the company is that of a lettings agency. 09117107 2025-12-31 09117107 bus:Director1 2025-12-31 09117107 bus:Director2 2025-12-31 09117107 2024-12-31 09117107 core:CurrentFinancialInstruments 2025-12-31 09117107 core:CurrentFinancialInstruments 2024-12-31 09117107 core:Non-currentFinancialInstruments 2025-12-31 09117107 core:Non-currentFinancialInstruments 2024-12-31 09117107 core:ShareCapital 2025-12-31 09117107 core:ShareCapital 2024-12-31 09117107 core:RetainedEarningsAccumulatedLosses 2025-12-31 09117107 core:RetainedEarningsAccumulatedLosses 2024-12-31 09117107 core:LeaseholdImprovements 2024-12-31 09117107 core:FurnitureFittings 2024-12-31 09117107 core:LeaseholdImprovements 2025-12-31 09117107 core:FurnitureFittings 2025-12-31 09117107 bus:OrdinaryShareClass1 2025-12-31 09117107 2025-01-01 2025-12-31 09117107 bus:FilletedAccounts 2025-01-01 2025-12-31 09117107 bus:SmallEntities 2025-01-01 2025-12-31 09117107 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 09117107 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 09117107 bus:Director1 2025-01-01 2025-12-31 09117107 bus:Director2 2025-01-01 2025-12-31 09117107 core:LeaseholdImprovements core:TopRangeValue 2025-01-01 2025-12-31 09117107 core:FurnitureFittings 2025-01-01 2025-12-31 09117107 2024-01-01 2024-12-31 09117107 core:LeaseholdImprovements 2025-01-01 2025-12-31 09117107 core:Non-currentFinancialInstruments 2025-01-01 2025-12-31 09117107 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 09117107 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 09117107 1 2025-01-01 2025-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09117107 (England and Wales)

# MANSBRIDGE BALMENT (LETTINGS) LIMITED

### Unaudited Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

MANSBRIDGE BALMENT (LETTINGS) LIMITED

## Unaudited Financial Statements

For the financial year ended 31 December 2025

Contents

MANSBRIDGE BALMENT (LETTINGS) LIMITED

## BALANCE SHEET

As at 31 December 2025
MANSBRIDGE BALMENT (LETTINGS) LIMITED

## BALANCE SHEET (continued)

As at 31 December 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 4,400 |  | 4,119
|  | 4,400 |  | 4,119
Current assets |  |  |  |
Debtors | 4 | 6,444 |  | 1,545
Cash at bank and in hand |  | 32,008 |  | 24,530
|  | 38,452 |  | 26,075
Creditors: amounts falling due within one year | 5 | ( 18,295) |  | ( 20,677)
Net current assets |  | 20,157 |  | 5,398
Total assets less current liabilities |  | 24,557 |  | 9,517
Creditors: amounts falling due after more than one year | 6 | ( 49,339) |  | ( 58,839)
Provision for liabilities |  | 6,128 |  | 12,269
Net liabilities |  | ( 18,654) |  | ( 37,053)
Capital and reserves |  |  |  |
Called-up share capital | 7 | 1 |  | 1
Profit and loss account |  | ( 18,655 ) |  | ( 37,054 )
Total shareholder's deficit |  | ( 18,654) |  | ( 37,053)

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Mansbridge Balment (Lettings) Limited (registered number: 09117107) were approved and authorised for issue by the Board of Directors on 16 July 2026. They were signed on its behalf by:

Mr N D R Henderson Director |

MANSBRIDGE BALMENT (LETTINGS) LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
MANSBRIDGE BALMENT (LETTINGS) LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Mansbridge Balment (Lettings) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 4 Market Road, Tavistock, PL19 0BW, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

##### Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Leasehold improvements | 50 years straight line
Fixtures and fittings | 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 2 |  | 3

#### 3. Tangible assets

| Leasehold improve- ments |  | Fixtures and fittings |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 January 2025 | 3,830 |  | 7,325 |  | 11,155
Additions | 0 |  | 833 |  | 833
At 31 December 2025 | 3,830 |  | 8,158 |  | 11,988
Accumulated depreciation |  |  |  |  |
At 01 January 2025 | 770 |  | 6,266 |  | 7,036
Charge for the financial year | 77 |  | 475 |  | 552
At 31 December 2025 | 847 |  | 6,741 |  | 7,588
Net book value |  |  |  |  |
At 31 December 2025 | 2,983 |  | 1,417 |  | 4,400
At 31 December 2024 | 3,060 |  | 1,059 |  | 4,119

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Amounts owed by Group undertakings | 5,000 |  | 0
Other debtors | 1,444 |  | 1,545
| 6,444 |  | 1,545

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 241 |  | 567
Other taxation and social security | 7,365 |  | 12,066
Other creditors | 10,689 |  | 8,044
| 18,295 |  | 20,677

#### 6. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Amounts owed to Group undertakings | 49,339 |  | 58,839

There are no amounts included above in respect of which any security has been given by the small entity.

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
1 Ordinary share of £ 1.00 | 1 |  | 1

#### 8. Financial commitments

Other financial commitments

| 2025 |  | 2024
| £ |  | £
Rent | 42,750 |  | 54,150

At the balance sheet date, the company had the above future minimum lease payments due. The lease commitment relates to the premises in Tavistock.

#### 9. Ultimate controlling party

Parent Company:

Mansbridge Balment (Group) Limited
4 Market Road Tavistock, Devon, United Kingdom, PL19 0BW

The ultimate controlling party is the director, Mr N D R Henderson.