REGISTERED NUMBER: 02978484 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Bisterne Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S H Tizzard

REGISTERED OFFICE:

17 Donnelly Road

Bournemouth

Dorset

BH6 5NE

REGISTERED NUMBER:

02978484 (England and Wales)

ACCOUNTANTS:

Simon Scott Accounts

17 Donnelly Road

Bournemouth

Dorset

BH6 5NW

FIXED ASSETS

Tangible assets

4

17,082

19,305

Investment property

5

4,062,647

4,062,647

4,079,729

4,081,952

CURRENT ASSETS

Stocks

1,238,606

775,705

Debtors

6

2,343

485

Cash at bank

49,053

458,990

1,290,002

1,235,180

CREDITORS

Amounts falling due within one year

7

915,476

893,474

NET CURRENT ASSETS

374,526

341,706

TOTAL ASSETS LESS CURRENT LIABILITIES

4,454,255

4,423,658

CREDITORS

Amounts falling due after more than one year

8

1,756,000

1,706,000

NET ASSETS

2,698,255

2,717,658

CAPITAL AND RESERVES

Called up share capital

9

200

200

Revaluation reserve

10

1,387,500

1,387,500

Retained earnings

1,310,555

1,329,958

SHAREHOLDERS' FUNDS

2,698,255

2,717,658

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

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

The director acknowledges his 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 director and authorised for issue on 23 July 2026 and were signed by:

S H Tizzard - Director

1.	STATUTORY INFORMATION

Bisterne Developments 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.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

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.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 November 2024

31,081

32,500

63,581

Additions

-

1,979

1,979

At 31 October 2025

31,081

34,479

65,560

DEPRECIATION

At 1 November 2024

19,884

24,392

44,276

Charge for year

1,680

2,522

4,202

At 31 October 2025

21,564

26,914

48,478

NET BOOK VALUE

At 31 October 2025

9,517

7,565

17,082

At 31 October 2024

11,197

8,108

19,305

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

4,062,647

NET BOOK VALUE

At 31 October 2025

4,062,647

At 31 October 2024

4,062,647

The director reviewed the valuation of investment properties at the balance sheet date, After taking into account the current state of the property market and the properties' condition, it was determined that the properties valuation remains in line with market value.

Fair value at 31 October 2025 is represented by:

£

Valuation in 2025

1,567,393

Cost

2,495,254

4,062,647

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other debtors

2,343

485

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

23

1,489

Taxation and social security

10,056

31,004

Other creditors

905,397

860,981

915,476

893,474

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

1,756,000

1,706,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

1,000

Ordinary Freezer A,B and C

10p

100

100

50

Ordinary Growth D

£1

50

50

50

Ordinary Growth E

£1

50

50

200

200

10.

RESERVES

Revaluation

reserve

£

At 1 November 2024

and 31 October 2025

1,387,500