Fort Borstal Holdings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14575136

Fort Borstal Holdings Limited

Filleted Unaudited Financial Statements

31 December 2025

Fort Borstal Holdings Limited

Financial Statements

Year ended 31 December 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Fort Borstal Holdings Limited

Statement of Financial Position

31 December 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	2,921,113	2,636,254

Current assets

Debtors	6	21,698	7,424
Cash at bank and in hand		198,917	21,179
		---------	--------
		220,615	28,603

Creditors: amounts falling due within one year	7	2,324,717	1,494,874
		------------	------------
Net current liabilities		2,104,102	1,466,271
		------------	------------
Total assets less current liabilities		817,011	1,169,983

Creditors: amounts falling due after more than one year	8	1,310,654	1,412,962
		------------	------------
Net liabilities		( 493,643)	( 242,979)
		------------	------------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 493,743)	( 243,079)
	---------	---------
Shareholders deficit	( 493,643)	( 242,979)
	---------	---------

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 statement of income and retained earnings has not been delivered.

For the year ending 31 December 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Fort Borstal Holdings Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 26 August 2026 , and are signed on behalf of the board by:

Mr B M Draper

Director

Company registration number: 14575136

Fort Borstal Holdings Limited

Notes to the Financial Statements

Year ended 31 December 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 Fort Borstal, Hill Road, Rochester, ME1 3NN, United Kingdom.

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.

Judgements 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. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

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.

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:

Plant and machinery	-	20% straight line
Fixtures and fittings	-	20% straight line
Motor vehicles	-	25% straight line
Equipment	-	20% straight line

The company owns biological assets in the form of grape vines which are cultivated on land owned by the company. The cost of bringing the vines' to maturity for the first 3 years of the vines life are capitalised. These costs include attributable overheads as well as capital items that would otherwise have the same economic life as the biological assets. The biological assets have an expected useful life of 20 years and are depreciated over 20 years once all the attributable costs from year 1 to 3 have been capitalised with the depreciation of the asset beginning in year 3 after the vines are planted in year 1. The method used to depreciate these assets takes into account that the 3rd and 4th year bringing a biological asset to maturity will offer restricted harvest before the asset will be matured in year 5. In year 3 the asset is depreciated by a third of the annual depreciation rate. In year 4 the asset is depreciated by two thirds and from year 5 the asset is depreciated for the remaining for 19 years.

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

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 5 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Biological assets - Vines	Total
	£	£	£	£	£	£
Cost
At 1 Jan 2025	2,349,635	–	77,164	2,700	220,949	2,650,448
Additions	–	174,069	20,591	12,466	124,362	331,488
	------------	---------	--------	--------	---------	------------
At 31 Dec 2025	2,349,635	174,069	97,755	15,166	345,311	2,981,936
	------------	---------	--------	--------	---------	------------
Depreciation
At 1 Jan 2025	–	–	13,294	900	–	14,194
Charge for the year	–	27,083	17,832	1,714	–	46,629
	------------	---------	--------	--------	---------	------------
At 31 Dec 2025	–	27,083	31,126	2,614	–	60,823
	------------	---------	--------	--------	---------	------------
Carrying amount
At 31 Dec 2025	2,349,635	146,986	66,629	12,552	345,311	2,921,113
	------------	---------	--------	--------	---------	------------
At 31 Dec 2024	2,349,635	–	63,870	1,800	220,949	2,636,254
	------------	---------	--------	--------	---------	------------

6. Debtors

	2025	2024
	£	£
Trade debtors	29	154
Other debtors	21,669	7,270
	--------	-------
	21,698	7,424
	--------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	84,388	58,520
Trade creditors	14,651	2,203
Social security and other taxes	3,699	1,597
Other creditors	2,221,979	1,432,554
	------------	------------
	2,324,717	1,494,874
	------------	------------

There is a fixed and floating charge held over the assets of the company.

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

	2025	2024
	£	£
Bank loans and overdrafts	1,310,654	1,412,962
	------------	------------

There is a fixed and floating charge held over the assets of the company.

9. Related party transactions

At the period end, the company owed £69,701 (2024: £19,036) to a group company. At the period end, the company owed £383 (2024: £1,406,137) to a company related by common control. At the period end, the company owed £Nil (2024: £4,074) to a company related by common control. At the period end, the company owed £2,148,628 (2024: £Nil) to the directors.