Spring Valley Properties Limited
Unaudited Financial Statements
For the year ended 31 March 2026
Pages for Filing with Registrar
Company Registration No. 00635278 (England and Wales)
Spring Valley Properties Limited
Company Information
Directors
Mrs S E Suckling
Mr I G Young
Mrs J M Powell
Secretary
Mrs S E Suckling
Company number
00635278
Registered office
Oaks Farm
67 Langham Road
Boxted
Colchester
Essex
CO4 5HT
Accountants
Moore Kingston Smith LLP
6th Floor
9 Appold Street
London
EC2A 2AP
Spring Valley Properties Limited
Contents
Page
Balance sheet
1 - 2
Statement of changes in equity
3
Notes to the financial statements
4 - 10
Spring Valley Properties Limited
Balance Sheet
As at 31 March 2026
Page 1
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
6
24,022
26,948
Investment property
7
4,286,482
4,286,482
4,310,504
4,313,430
Current assets
Debtors
8
857,912
977,484
Cash at bank and in hand
229,227
31,596
1,087,139
1,009,080
Creditors: amounts falling due within one year
9
(32,912)
(19,236)
Net current assets
1,054,227
989,844
Total assets less current liabilities
5,364,731
5,303,274
Provisions for liabilities
(6,005)
(6,737)
Net assets
5,358,726
5,296,537
Capital and reserves
Called up share capital
10
147,500
147,500
Capital redemption reserve
102,500
102,500
Other reserves
11
(1,530,821)
(1,530,821)
Profit and loss reserves
12
6,639,547
6,577,358
Total equity
5,358,726
5,296,537
Spring Valley Properties Limited
Balance Sheet (Continued)
As at 31 March 2026
Page 2

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question 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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 30 July 2026 and are signed on its behalf by:
Mrs S E Suckling
Director
Company Registration No. 00635278
Spring Valley Properties Limited
Statement of Changes in Equity
For the year ended 31 March 2026
Page 3
Share capital
Capital redemption reserve
Other reserves
Profit and loss reserves
Total
Notes
£
£
£
£
£
Balance at 1 April 2024
147,500
102,500
(1,277,958)
7,172,762
6,144,804
Year ended 31 March 2025:
Loss and total comprehensive income for the year
-
-
-
(845,738)
(845,738)
Dividends
5
-
-
-
(2,529)
(2,529)
Transfers
-
-
(252,863)
252,863
-
Balance at 31 March 2025
147,500
102,500
(1,530,821)
6,577,358
5,296,537
Year ended 31 March 2026:
Profit and total comprehensive income for the year
-
-
-
112,339
112,339
Dividends
5
-
-
-
(50,150)
(50,150)
Balance at 31 March 2026
147,500
102,500
(1,530,821)
6,639,547
5,358,726
Spring Valley Properties Limited
Notes to the Financial Statements
For the year ended 31 March 2026
Page 4
1
Accounting policies
Company information

Spring Valley Properties Limited is a private company limited by shares incorporated and domiciled in England and Wales. The registered office is Oaks Farm, 67 Langham Road, Boxted, Colchester, Essex, England, CO4 5HT.

1.1
Accounting convention

These financial statements have been prepared in accordance with Section 1A of FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

The turnover shown in the profit and loss account represents amounts due from the company's principal activity during the year, exclusive of Value Added Tax.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
10% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

Spring Valley Properties Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2026
1
Accounting policies
(Continued)
Page 5
1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
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.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Spring Valley Properties Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2026
1
Accounting policies
(Continued)
Page 6
Classification of financial liabilities

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.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.9
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.

1.10
Taxation

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

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

Spring Valley Properties Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2026
1
Accounting policies
(Continued)
Page 7
1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
3
4
3
Amounts written off investments
2026
2025
£
£
Fair value gains/(losses)
Decrease in fair value of investment property
-
(252,863)
4
Taxation
2026
2025
£
£
Deferred tax
Origination and reversal of timing differences
(732)
(74,446)
5
Dividends
2026
2025
£
£
Final paid
50,150
2,529
Spring Valley Properties Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2026
Page 8
6
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2025 and 31 March 2026
37,096
Depreciation and impairment
At 1 April 2025
10,148
Depreciation charged in the year
2,926
At 31 March 2026
13,074
Carrying amount
At 31 March 2026
24,022
At 31 March 2025
26,948
7
Investment property
2026
£
Fair value
At 1 April 2025 and 31 March 2026
4,286,482

Investment property comprises both residential and commercial properties. The fair value of the investment property has been arrived at on the basis of a valuation carried out by the directors seeking opinions from their professional advisors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

8
Debtors
2026
2025
Amounts falling due within one year:
£
£
Corporation tax recoverable
-
0
95,101
Other debtors
82,854
92,327
Prepayments and accrued income
4,536
3,874
87,390
191,302
Spring Valley Properties Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2026
8
Debtors
(Continued)
Page 9
2026
2025
Amounts falling due after more than one year:
£
£
Other debtors
276,858
292,518
Deferred tax asset
493,664
493,664
770,522
786,182
Total debtors
857,912
977,484
9
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
8,962
2,998
Taxation and social security
10,440
6,547
Other creditors
13,510
9,691
32,912
19,236
10
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
147,500
147,500
147,500
147,500
Spring Valley Properties Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2026
Page 10
11
Revaluation reserve
2026
2025
£
£
At the beginning of the year
(1,530,821)
(1,277,958)
Movement
-
(252,863)
At the end of the year
(1,530,821)
(1,530,821)
12
Profit and loss reserves
2026
2025
£
£
At the beginning of the year
6,577,358
7,172,762
Adjusted balance
6,577,358
7,172,762
Profit/(loss) for the year
112,339
(845,738)
Dividends declared and paid in the year
(50,150)
(2,529)
Transfer from revaluation reserve
-
0
252,863
At the end of the year
6,639,547
6,577,358
13
Directors' transactions

At the end of the year £5,952 (2025: £3,995) and £1,917 (2025: £nil) was owed by the company directors, Mr I G Young and Mrs S E Suckling respectively.

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