REGISTERED NUMBER: 03442968 (England and Wales)

TEMPLEGATE ESTATES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

442

-

Investments

5

9,620

9,620

Investment property

6

410,000

450,000

420,062

459,620

CURRENT ASSETS

Cash at bank

20,155

10,931

CREDITORS

Amounts falling due within one year

7

7,945

9,388

NET CURRENT ASSETS

12,210

1,543

TOTAL ASSETS LESS CURRENT LIABILITIES

432,272

461,163

PROVISIONS FOR LIABILITIES

61,113

71,224

NET ASSETS

371,159

389,939

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

240,675

280,675

Retained earnings

130,482

109,262

SHAREHOLDERS' FUNDS

371,159

389,939

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 July 2026 and were signed by:

N I Howcutt - Director

1.	STATUTORY INFORMATION

Templegate Estates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03442968

Registered office:

Broad House

1 The Broadway

Old Hatfield

Hertfordshire

AL9 5BG

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.

Going concern

The financial statements have been prepared on a going concern basis.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director’s opinion, there are no significant judgements or key sources of estimation uncertainty.

Turnover

Turnover represents rental income receivable.

Investment property

Investment properties are shown at fair value. Any aggregate surplus or deficit arising from changes in fair value are recognised in the profit and loss account.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 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

Computer

equipment

£

COST

Additions

513

At 31 October 2025

513

DEPRECIATION

Charge for year

71

At 31 October 2025

71

NET BOOK VALUE

At 31 October 2025

442

5.	FIXED ASSET INVESTMENTS

The investment represents an amount advanced to Nursery Gardens (Welwyn) Freehold Company Limited of £9,620 (2024 : £9,620).

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

450,000

Revaluations

(40,000

)

At 31 October 2025

410,000

NET BOOK VALUE

At 31 October 2025

410,000

At 31 October 2024

450,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2001

44,899

Valuation in 2004

55,000

Valuation in 2006

52,000

Valuation in 2017

10,000

Valuation in 2022

150,000

Valuation in 2024

40,000

Valuation in 2025

(40,000

)

Cost

98,101

410,000

If Investment properties had not been revalued they would have been included at the following historical cost:

31.10.25

31.10.24

£

£

Cost

98,101

98,101

Investment properties were valued on an open market basis on 31 October 2025 by the Board .

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Taxation and social security

2,501

1,465

Other creditors

5,444

7,923

7,945

9,388

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.10.25

31.10.24

£

£

N I Howcutt

Balance outstanding at start of year

(5,656

)

(187

)

Amounts advanced

381

3,060

Amounts repaid

2,218

(8,529

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,057

)

(5,656

)