Registration number: 13201515

Peppermint Grove Property Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Peppermint Grove Property Limited

Company Information

Directors

Ms Annabelle Bosday Hall Mr Jonathan Jaques

Registered office

1 Anchor Cottage Colhugh Street Llantwit Wales CF61 1RE

Accountants

RiverView Portfolio Limited 1 Market Hill Calne Wiltshire SN11 0BT

Peppermint Grove Property Limited

(Registration number: 13201515)
Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	1,043	1,971
Investment property	6	710,000	710,000
		711,043	711,971
Current assets
Debtors	7	14,108	6,965
Cash at bank and in hand		1,221	1,290
		15,329	8,255
Creditors: Amounts falling due within one year	8	(4,010)	(7,923)
Net current assets		11,319	332
Total assets less current liabilities		722,362	712,303
Creditors: Amounts falling due after more than one year	8	(871,469)	(886,936)
Provisions for liabilities		(19,706)	(19,706)
Net liabilities		(168,813)	(194,339)
Capital and reserves
Called up share capital		20	20
Revaluation reserve		84,009	84,009
Retained earnings		(252,842)	(278,368)
Shareholders' deficit		(168,813)	(194,339)

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 6 July 2026 and signed on its behalf by:
 

Peppermint Grove Property Limited

(Registration number: 13201515)
Balance Sheet as at 28 February 2025 (continued)

......................................... Ms Annabelle Bosday Hall Director

Peppermint Grove Property Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1 Anchor Cottage
Colhugh Street
Llantwit
Wales
CF61 1RE

These financial statements were authorised for issue by the Board on 6 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Peppermint Grove Property Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

2	Accounting policies (continued)

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

4	Profit/loss before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	929	1,216

Peppermint Grove Property Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 March 2024	5,192	5,192
At 28 February 2025	5,192	5,192
Depreciation
At 1 March 2024	3,221	3,221
Charge for the year	928	928
At 28 February 2025	4,149	4,149
Carrying amount
At 28 February 2025	1,043	1,043
At 29 February 2024	1,971	1,971

6	Investment properties

	2025 £
At 1 March	710,000
At 28 February	710,000

The fair value of the properties at the year end have been arrived at on the basis of a valuation carried out at that
date by the director of the company, who is not a professionally qualified valuer. The valuation was arrived at
by reference to the market evidence of transaction prices for similar properties in the location the properties are
situated.

There has been no valuation of investment property by an independent valuer.

7

Debtors

Peppermint Grove Property Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

7	Debtors (continued)

	Note	2025 £	2024 £
Amounts owed by group undertakings and undertakings in which the company has a participating interest		3,430	-
Prepayments		1,444	1,444
Other debtors		9,234	5,521
		14,108	6,965

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	3,604	6,706
Accruals and deferred income	405	1,215
Other creditors	1	2
	4,010	7,923

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	10	871,469	874,286
Other non-current financial liabilities		-	12,650
		871,469	886,936

9

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

	Revaluation reserve £	Total £
Surplus/deficit on property, plant and equipment revaluation	8,100	8,100

Peppermint Grove Property Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

10	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	529,838	529,869
Other borrowings	341,631	344,417
	871,469	874,286