Bostall Estates Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03581074

Bostall Estates Limited

Filleted Unaudited Financial Statements

31 August 2025

Bostall Estates Limited

Statement of Financial Position

31 August 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	4	30,630,000	30,630,001
Investments	5	1,200,050	1,200,050
		-------------	-------------
		31,830,050	31,830,051

Current assets

Debtors	6	10,321,666	9,761,029
Cash at bank and in hand		7,695	29,978
		-------------	------------
		10,329,361	9,791,007

Creditors: amounts falling due within one year	7	2,768,128	2,262,728
		-------------	------------
Net current assets		7,561,233	7,528,279
		-------------	-------------
Total assets less current liabilities		39,391,283	39,358,330

Creditors: amounts falling due after more than one year	8	18,395,508	18,405,386

Provisions	4,339,746	4,339,746
	-------------	-------------
Net assets	16,656,029	16,613,198
	-------------	-------------

Capital and reserves

Called up share capital	101	101
Fair value reserve	16,111,786	16,111,786
Profit and loss account	544,142	501,311
	-------------	-------------
Shareholders funds	16,656,029	16,613,198
	-------------	-------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Bostall Estates Limited

Statement of Financial Position (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 29 July 2026 , and are signed on behalf of the board by:

Mr M Heer
Director

Company registration number: 03581074

Bostall Estates Limited

Notes to the Financial Statements

Year ended 31 August 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Old Mill, 9 Soar Lane, Leicester, LE3 5DE.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	15% reducing balance

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Tangible assets

	Investment properties	Fixtures and fittings	Total
	£	£	£
Cost
At 1 September 2024 and 31 August 2025	30,630,000	17,932	30,647,932
	-------------	--------	-------------
Depreciation
At 1 September 2024	–	17,931	17,931
Charge for the year	–	1	1
	-------------	--------	-------------
At 31 August 2025	–	17,932	17,932
	-------------	--------	-------------
Carrying amount
At 31 August 2025	30,630,000	–	30,630,000
	-------------	--------	-------------
At 31 August 2024	30,630,000	1	30,630,001
	-------------	--------	-------------

The investment property measured at fair value.

The investment properties were revalued by Jones Lang LaSalle on 1st October 2021. The directors do not believe the current market value is materially different.

5. Investments

	Other investments other than loans
	£
Cost
At 1 September 2024 and 31 August 2025	1,200,050
	------------
Impairment
At 1 September 2024 and 31 August 2025	–
	------------

Carrying amount
At 31 August 2025	1,200,050
	------------
At 31 August 2024	1,200,050
	------------

6. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	9,435,749	8,851,931
Other debtors	885,917	909,098
	-------------	------------
	10,321,666	9,761,029
	-------------	------------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	9,840	9,840
Trade creditors	168,354	168,354
Amounts owed to group undertakings and undertakings in which the company has a participating interest	2,321,534	1,821,534
Other creditors	268,400	263,000
	------------	------------
	2,768,128	2,262,728
	------------	------------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	18,395,508	18,405,386
	-------------	-------------

Included within creditors: amounts falling due after more than one year is an amount of £18,395,508 (2024: £18,393,000) in respect of liabilities payable or repayable otherwise than by instalments which fall due for payment after more than five years from the reporting date.

The bank loans and overdrafts are secured by a fixed and floating charge over the assets of the company.

9. Controlling party

The company's immediate parent company is Alstar Asset Management Limited. The registered office is The Old Mill, 9 Soar Lane, Leicester, England, LE3 5DE.