REGISTERED NUMBER: 10338968 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

ESTUARY LIVING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I McBain

Ms L McBain

REGISTERED OFFICE:

The Old Gas Works

43 Progress Road

Leigh on Sea

Essex

SS9 5PR

REGISTERED NUMBER:

10338968 (England and Wales)

ACCOUNTANTS:

Segrave & Partners LLP

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

FIXED ASSETS

Tangible assets

4

-

11,194

Investment property

5

1,690,000

1,164,796

1,690,000

1,175,990

CURRENT ASSETS

Debtors

6

121,464

201,605

Cash at bank

25,785

36,253

147,249

237,858

CREDITORS

Amounts falling due within one year

7

578,493

514,762

NET CURRENT LIABILITIES

(431,244

)

(276,904

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,258,756

899,086

CREDITORS

Amounts falling due after more than one year

8

(1,202,296

)

(818,574

)

PROVISIONS FOR LIABILITIES

(23,937

)

-

NET ASSETS

32,523

80,512

CAPITAL AND RESERVES

Called up share capital

105

105

Fair value reserve

10

71,809

-

Retained earnings

(39,391

)

80,407

32,523

80,512

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 29 June 2026 and were signed on its behalf by:

I McBain - Director

Ms L McBain - Director

1.	STATUTORY INFORMATION

Estuary Living Ltd 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.

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.

Fixtures and fittings

-

at varying rates on cost

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 September 2024

and 31 August 2025

55,302

DEPRECIATION

At 1 September 2024

44,108

Charge for year

11,194

At 31 August 2025

55,302

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

11,194

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

1,164,796

Additions

429,458

Revaluations

95,746

At 31 August 2025

1,690,000

NET BOOK VALUE

At 31 August 2025

1,690,000

At 31 August 2024

1,164,796

Fair value at 31 August 2025 is represented by:

£

Valuation in 2025

95,746

Cost

1,594,254

1,690,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

101,824

199,862

Called up share capital not paid

105

105

Prepayments

19,535

1,638

121,464

201,605

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

3,231

18,488

Other loans

260,001

248,002

Trade creditors

-

125

Amounts owed to group undertakings

94,051

50,802

Other creditors

2,420

108,471

Directors' current accounts

216,630

86,757

Accrued expenses

2,160

2,117

578,493

514,762

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

3,231

-

Bank loans - 2-5 years

3,231

-

Bank loans more 5 yr by instal

318,617

-

Other loans more 5yrs instal

877,217

818,574

1,202,296

818,574

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

318,617

-

Other loans more 5yrs instal

877,217

818,574

1,195,834

818,574

9.	SECURED DEBTS

The company has granted a number of charges, all of which remain outstanding at the reporting date. The charges are registered at Companies House and are secured on the company’s freehold properties.

The charges are held by:

Fleet Mortgages Limited

Daniel Richard Frith and Jenny Frith

OneSavings Bank PLC

Together Commercial Finance Limited

Shawbrook Bank Limited

The secured liabilities relate to borrowing facilities over investment properties held by the company and are included within creditors in the balance sheet.

10.

RESERVES

Fair

value

reserve

£

Revaluation

95,746

Deferred tax

(23,937

)

At 31 August 2025

71,809