Back Acre Enterprises Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03883928 (England and Wales)

Back Acre Enterprises Limited

Unaudited Financial Statements

for the Year Ended 30 November 2025

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

Notes to the financial statements

4

to

6

Directors:

Mrs S J Wade

Mr N E Wade

Registered office:

Abbey Farm

Nottingham Road

Sedgebrook

Grantham

NG32 2ER

Registered number:

03883928 (England and Wales)

Accountants:

Moore Thompson

Bank House

Broad Street

Spalding

Lincolnshire

PE11 1TB

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Directors' report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Back Acre Enterprises Limited for the year ended 30 November 2025 which comprise the Income statement, Statement of financial position, Statement of changes in equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Back Acre Enterprises Limited, as a body, in accordance with the terms of our engagement letter dated 16 August 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Back Acre Enterprises Limited and state those matters that we have agreed to state to the Board of Directors of Back Acre Enterprises Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Back Acre Enterprises Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Back Acre Enterprises Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Back Acre Enterprises Limited. You consider that Back Acre Enterprises Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Back Acre Enterprises Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Thompson

Bank House

Broad Street

Spalding

Lincolnshire

PE11 1TB

21 August 2026

Fixed assets

Tangible assets

5

467,000

430,060

Current assets

Cash at bank

56,229

78,487

Creditors

Amounts falling due within one year

6

47,356

49,892

Net current assets

8,873

28,595

Total assets less current liabilities

475,873

458,655

Provisions for liabilities

63,755

44,498

Net assets

412,118

414,157

Capital and reserves

Called up share capital

7

150

Revaluation reserve

8

272,901

259,179

Retained earnings

139,067

154,828

Shareholders' funds

412,118

414,157

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2026 and were signed on its behalf by:

Mrs S J Wade - Director

1.	Statutory information

Back Acre Enterprises Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

Not depreciated

Fixtures and fittings

-

25% on reducing balance

Equipment

-

25% on reducing balance

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 the revaluation reserve net of the associated cost for tax within 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 within the revaluation reserve as part of equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in the revaluation reserve as part of equity in respect of that asset, the excess shall be recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	Employees and directors

The average number of employees during the year was NIL (2024 - NIL).

5.	Tangible fixed assets

Fixtures

Freehold

and

property

fittings

Equipment

Totals

£

Cost or valuation

At 1 December 2024

430,000

422

2,667

433,089

Disposals

-

(422

)

(2,667

)

(3,089

)

Revaluations

37,000

-

37,000

At 30 November 2025

467,000

-

467,000

Depreciation

At 1 December 2024

-

421

2,608

3,029

Eliminated on disposal

-

(421

)

(2,608

)

(3,029

)

At 30 November 2025

-

Net book value

At 30 November 2025

467,000

-

467,000

At 30 November 2024

430,000

1

59

430,060

Cost or valuation at 30 November 2025 is represented by:

Freehold

property

£

Valuation in 2002

43,682

Valuation in 2005

40,629

Valuation in 2007

64,375

Valuation in 2017

22,000

Valuation in 2020

53,000

Valuation in 2021

40,000

Valuation in 2023

40,000

Valuation in 2025

37,000

Cost

126,314

467,000

If the freehold property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

126,314

Freehold property was valued on an open market value basis on 30 November 2025 by the directors .

6.

Creditors: amounts falling due within one year

2025

2024

£

Corporation tax

-

2,715

Other creditors

45,617

Accruals and deferred income

1,739

1,560

47,356

49,892

The other creditor due within one year relates to monies owing to the estate of Mr. J. H. Bailey, a former director of the company.

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary A shares

1

100

50

Ordinary B shares

1

50

150

8.

Reserves

Revaluation

reserve

£

At 1 December 2024

259,179

Transfer between reserves

13,722

At 30 November 2025

272,901