ACCOUNTS - Final Accounts preparation

Registered number: 15082642

LIMEKILN ESTATE LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2025

LIMEKILN ESTATE LIMITED

REGISTERED NUMBER:15082642

STATEMENT OF FINANCIAL POSITION

AS AT 30 NOVEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	5		161,243		102,037
			161,243		102,037
Current assets
Stocks	6	23,289		-
Debtors: amounts falling due within one year	7	943,575		170,407
Cash at bank and in hand	8	117,222		105,396
		1,084,086		275,803
Creditors: amounts falling due within one year	9	(1,578,462)		(670,987)
Net current liabilities			(494,376)		(395,184)
Total assets less current liabilities			(333,133)		(293,147)
Provisions for liabilities
Deferred tax	10	(33,876)		(22,485)
			(33,876)		(22,485)
Net liabilities			(367,009)		(315,632)

Capital and reserves
Called up share capital	11	100	100
Profit and loss account	12	(367,109)	(315,732)
		(367,009)	(315,632)

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 July 2026.

A J Harvey

Director

The notes on pages 2 to 9 form part of these financial statements.

Page 1

LIMEKILN ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

1.	GENERAL INFORMATION

Limekiln Estate Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Coach House Swindon Road, Kington Langely, Chippenham, SN15 5LZ.

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

FINANCIAL REPORTING STANDARD 102 - REDUCED DISCLOSURE EXEMPTIONS

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);

∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;

∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of Harvey Commercial Holdings Limited as at 30 November 2025 and these financial statements may be obtained from Companies House.

2.3

GOING CONCERN

The Company is dependent upon the support of its Parent and fellow Group Companies. The Director believes that the Company will continue to receive the necessary support. On this basis, the Director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of support from its Parent and fellow Group Companies.

2.4

TURNOVER

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

2.5

OPERATING LEASES: THE COMPANY AS LESSEE

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

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LIMEKILN ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.6

RESEARCH AND DEVELOPMENT

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.

If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

2.7

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

2.8

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.9

CURRENT AND DEFERRED TAXATION

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 3

LIMEKILN ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.10

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery	-	25%	straight line
Fixtures and fittings	-	25%	straight line
Computer equipment	-	25%	straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.11

STOCKS

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.12

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.13

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.14

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

LIMEKILN ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.15

PROVISIONS FOR LIABILITIES

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

2.16

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions 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 ordinary shares.

3.	JUDGEMENTS IN APPLYING ACCOUNTING POLICIES AND KEY SOURCES OF ESTIMATION UNCERTAINTY

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.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.

Management considers there to be no critical estimates or judgements which may affect the financial statements for the current or next period.

EMPLOYEES

The average monthly number of employees, including directors, during the year was 6 (2024:3).

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LIMEKILN ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

5.	TANGIBLE FIXED ASSETS

	Plant and machinery	Fixtures and fittings	Computer equipment	Total
	£	£	£	£
COST
At 1 December 2024	12,511	92,103	2,346	106,960
Additions	14,798	75,041	4,899	94,738
At 30 November 2025	27,309	167,144	7,245	201,698
DEPRECIATION
At 1 December 2024	318	4,605	-	4,923
Charge for the period	4,406	30,004	1,122	35,532
At 30 November 2025	4,724	34,609	1,122	40,455
NET BOOK VALUE
At 30 November 2025	22,585	132,535	6,123	161,243
At 30 November 2024	12,193	87,498	2,346	102,037

6.	STOCKS
		2025	2024
		£	£

Finished goods and goods for resale	23,289	-
	23,289	-

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LIMEKILN ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

7.	DEBTORS

					2025	2024
					£	£

DUE WITHIN ONE YEAR
Trade debtors	2,676	611
Amounts owed by group undertakings	859,868	161,715
Other debtors	60,688	-
Prepayments and accrued income	20,343	8,081
	943,575	170,407

Amounts owed by group undertakings are unsecured, interest free, have no fixed repayment date and are repayable on demand.

8.	CASH AND CASH EQUIVALENTS
		2025	2024
		£	£

Cash at bank and in hand	117,222	105,396
	117,222	105,396

9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£

Trade creditors	42,866	14,679
Amounts owed to group undertakings	162,247	117,945
Other taxation and social security	61,263	9,975
Other creditors	15,624	669
Accruals and deferred income	1,296,462	527,719
	1,578,462	670,987

Amounts owed to group undertakings are unsecured, interest free, have no fixed repayment date and are repayable on demand.

Page 7

LIMEKILN ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

10.	DEFERRED TAXATION

		2025
		£

	At beginning of year	(22,485)
	Charged to profit or loss	(11,391)
	AT END OF YEAR	(33,876)

The provision for deferred taxation is made up as follows:
	2025	2024
	£	£

Fixed asset timing differences	(34,051)	(22,548)
Short term timing differences	175	63
	(33,876)	(22,485)

11.	SHARE CAPITAL
		2025	2024
		£	£

ALLOTTED, CALLED UP AND FULLY PAID

100 (2024:100) Ordinary Shares shares of £1.00 each	100	100

12.

RESERVES

Called up share capital

Called up share capital represents the issued equity share capital of the company.

Profit and loss account

The profit and loss account represents cumulative profits, losses and total other recognised gains or losses made by the company including distributions to, and contributions from, the parent company.

13.	PENSION COMMITMENTS

The Company participates in a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension charge amounted to £3,725 (2024: £1,194). Contributions outstanding at the period end amounted to £1,875 (2024: £669) and are included within other creditors.

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LIMEKILN ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

14.

RELATED PARTY TRANSACTIONS

As the company is a wholly owned subsidiary of Harvey Commercial Holdings Limited, the Company is able to take advantage of the exemption under the terms of FRS 102 section 33.1a from disclosing related party transactions with wholly owned entities that are part of the group.

During the year, the company made purchases of £14,360 (2024: £NIL) from a fellow subsidiary within the Harvey Commercial Holdings Limited group, that is not a wholly owned subsidiary.

During the year, the company surrendered tax losses of £20,077 to a fellow subsidiary undertaking within the Harvey Commercial Holdings Limited group, which is not a wholly owned subsidiary. At the year end, the company was owed £20,077 (2024: £NIL) from the fellow subsidiary.

15.	CONTROLLING PARTY

The immediate parent company is Dearborn Estates Limited, a company registered in England and Wales, whose registered office is 19 Common Road, Hanham, Bristol, BS15 3LL.

The parent undertaking of the smallest and largest group of undertakings for which group financial statements are prepared of which the Company is a member is Harvey Commercial Holdings Limited which is registered in England and Wales. Copies of Harvey Commercial Holdings Limited financial statements can be obtained from the Company's registered office, 19 Common Road, Hanham, Bristol, England, BS15 3LL.

The ultimate controlling party is considered to be A J Harvey based upon his majority shareholding of Harvey Commercial Holdings Limited.

16.	AUDITORS' INFORMATION

The auditors' report on the financial statements for the year ended 30 November 2025 was unqualified.

The audit report was signed on 28 July 2026 by Simon Morrison FCA (Senior statutory auditor) on behalf of Bishop Fleming Audit Limited.

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