BHCF- ADM Properties Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

BHCF- ADM Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14413922 . The registered office is Gothic House, Barker Gate, Nottingham, NG1 1JU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Freehold land and buildings are carried at their revalued amounts, representing the fair value at the date of revaluation. This fair value is determined by independent professional valuers, ensuring that the carrying amount doesn't materially differ from the fair value at the reporting date.

Any revaluation gains are recognised in Other Comprehensive Income (OCI) and accumulated within the Revaluation Reserve in equity. However, if a revaluation gain reverses a previous revaluation decrease for the same asset that was recognised in profit or loss, the gain is credited to profit or loss up to the amount of that prior decrease.

Revaluation losses are recognised in OCI to the extent that a credit balance exists in the Revaluation Reserve for the same asset. Any loss exceeding this balance is immediately recognized in profit or loss.

Freehold land is not depreciated.

Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	No depreciation
Motor Vehicles	20% Straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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BHCF- ADM Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 1)

4. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Total
	£	£	£
Cost
As at 1 April 2025	7,033,128	-	7,033,128
Additions	-	100,055	100,055

As at 31 March 2026	7,033,128	100,055	7,133,183

Depreciation
As at 1 April 2025	-	-	-
Provided during the period	-	20,011	20,011

As at 31 March 2026	-	20,011	20,011

Net Book Value
As at 31 March 2026	7,033,128	80,044	7,113,172

As at 1 April 2025	7,033,128	-	7,033,128

5. Debtors

	2026	2025
	£	£
Due within one year

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BHCF- ADM Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	17,328	-
Trade creditors	433	978
Bank loans and overdrafts	100,000	-
Amounts owed to group undertakings	-	438,453
Other creditors	317,971	2,220
Taxation and social security	22,490	-

	458,222	441,651

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	60,657	-
Bank loans	1,340,000	-

	1,400,657	-

8. Secured Creditors

There is a charge registered on the 17/02/2023 by Handelsbanken PLC which contains a fixed charge and neagtive pledge over the property known as Meir Park Nursery, Lysander Road, Meri Park, ST3 7TW

There is a charge registered on the 17/02/2023 by Handelsbanken PLC which contains a fixed charge and neagtive pledge over the property known as 126 Loughborough Road, Hathern, Leicester, LE12 5JB

There is a charge registered on the 17/02/2023 by Handelsbanken PLC which contains a fixed charge and neagtive pledge over the property known as Buckingham Day Nursery, Buxton Road, Leek, Staffordshire, ST13 6NE

There is a charge registered on the 17/02/2023 by Handelsbanken PLC which contains a fixed charge and neagtive pledge over the property known as Acorns Day Nursery, Draycott Road, Upper Tean, Stoke On Trent, ST10 4JJ

There is a charge registered on the 17/02/2023 by Handelsbanken PLC which contains a fixed charge and neagtive pledge over the property known as 39 Scotland Street, Sheffield, ST3 7BS

There is a charge registered on the 17/02/2023 by Handelsbanken PLC which contains, floating charge(s) over all the property or undertaking of BHCF - ADM Properties Limited ( company number 14413922 ) and a negative pledge.

9. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	17,328	-
Later than one year and not later than five years	60,657	-

	77,985	-

	77,985	-

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	5,772,501	5,772,501

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BHCF- ADM Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

11. Reserves

	Revaluation Reserve
	£
As at 1 April 2025	83,333

As at 31 March 2026	83,333

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		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		7,113,172		7,033,128

			7,113,172		7,033,128
CURRENT ASSETS
Cash at bank and in hand		45,840		650

		45,840		650
Creditors: Amounts Falling Due Within One Year	6	(458,222 )		(441,651 )

NET CURRENT ASSETS (LIABILITIES)			(412,382 )		(441,001 )

TOTAL ASSETS LESS CURRENT LIABILITIES			6,700,790		6,592,127

Creditors: Amounts Falling Due After More Than One Year	7		(1,400,657 )		-

NET ASSETS			5,300,133		6,592,127

CAPITAL AND RESERVES
Called up share capital	10		5,772,501		5,772,501
Revaluation reserve	11		83,333		83,333
Profit and Loss Account			(555,701 )		736,293

SHAREHOLDERS' FUNDS			5,300,133		6,592,127

Mrs Julia Mason Director	Mr Adrian Mason Director
20 May 2026