REGISTERED NUMBER: 03452016 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

COLNE BAR PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C L B Niven

B H Houlihan

SECRETARY:

Miss P D R Niven

REGISTERED OFFICE:

Mere House

Mill Lane

Frensham

Farnham

Surey

GU10 3EB

REGISTERED NUMBER:

03452016 (England and Wales)

ACCOUNTANTS:

Seago and Stopps

Chartered Certified Accountants

61 Station Road

Sudbury

Suffolk

CO10 2SP

FIXED ASSETS

326,417

Tangible assets

4

1,741

110,000

Investments

5

110,000

-

Investment property

6

325,000

436,417

436,741

CURRENT ASSETS

212

Debtors

7

660

6,724

Cash at bank

6,596

6,936

7,256

CREDITORS

186,104

Amounts falling due within one year

8

186,362

(179,168

)

NET CURRENT LIABILITIES

(179,106

)

257,249

TOTAL ASSETS LESS CURRENT LIABILITIES

257,635

269

PROVISIONS FOR LIABILITIES

20,293

256,980

NET ASSETS

237,342

CAPITAL AND RESERVES

200

Called up share capital

200

163,246

Revaluation reserve

9

-

-

Fair value reserve

9

143,284

93,534

Retained earnings

93,858

256,980

SHAREHOLDERS' FUNDS

237,342

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 26 August 2026 and were signed on its behalf by:

C L B Niven - Director

1.	STATUTORY INFORMATION

Colne Bar Properties 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the value of rental income invoiced during the year, and the movement between opening and closing debtors.

Tangible fixed assets

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

Fixtures and fittings - 25% on reducing balance

Plant and equipment - 25% on reducing balance

Investment property

Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value are recognised in the profit and loss account.

Financial instruments

The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statemernts such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

Profits or losses arising from the disposals of fixed assets investments are treated as part of the result from ordinary activities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Fixtures

land and

Plant and

and

Totals

buildings

equipment

fittings

£

£

£

£

COST

At 1 January 2025

337,040

325,000

1,587

10,453

Additions

907

-

907

-

Reclassification/transfer

(325,000

)

(325,000

)

-

-

At 31 December 2025

12,947

-

2,494

10,453

DEPRECIATION

At 1 January 2025

10,623

-

954

9,669

Charge for year

583

-

387

196

At 31 December 2025

11,206

-

1,341

9,865

NET BOOK VALUE

At 31 December 2025

1,741

-

1,153

588

At 31 December 2024

326,417

325,000

633

784

5.	FIXED ASSET INVESTMENTS

Loan -

Seachoice

Employee

Trust

£

At 1 January 2025

and 31 December 2025

110,000

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Reclassification/transfer

325,000

At 31 December 2025

325,000

NET BOOK VALUE

At 31 December 2025

325,000

In the opinion of the directors the property had a market value of £325,000 as at 31st December 2025.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Taxation and social security

438

-

Prepayments

222

212

660

212

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

1,268

-

Taxation and social security

-

422

Other creditors

185,094

185,682

186,362

186,104

9.

RESERVES

Included within reserves is a fair value reserve, which has been created through the reclassification of the company's freehold property to that of an investment property during the year.

The reserve will be adjusted annually moving forward for any movements in deferred tax.

In accordance with FRS102, the fair value reserve is a 'non-distributable' reserve and is separately disclosed in the balance sheet.