REGISTERED NUMBER: 03443117 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

Blenheim Estates Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

D I Warwick

M K Rodwell

REGISTERED OFFICE:

c/o Parker Cavendish, Suite 301

Stanmore Business and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

REGISTERED NUMBER:

03443117 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

Suite 301, Stanmore Business

and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

FIXED ASSETS

Investments

4

-

-

Investment property

5

8,754,636

10,000,000

8,754,636

10,000,000

CURRENT ASSETS

Debtors

6

1,338,827

47,647

Cash at bank

189,445

308,686

1,528,272

356,333

CREDITORS

Amounts falling due within one year

7

(2,540,963

)

(7,473,593

)

NET CURRENT LIABILITIES

(1,012,691

)

(7,117,260

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,741,945

2,882,740

CREDITORS

Amounts falling due after more than one year

8

(4,561,592

)

-

NET ASSETS

3,180,353

2,882,740

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

3,180,352

2,882,739

SHAREHOLDERS' FUNDS

3,180,353

2,882,740

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 August 2026 and were signed on its behalf by:

M K Rodwell - Director

1.	STATUTORY INFORMATION

Blenheim Estates 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Blenheim Estates Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Income comprises rent receivable from investment properties net of value added tax and is recognised on an accruals basis. Benefits provided to lessees in the form of rent free periods and capital contributions are treated as a reduction in the overall return on the lease and are recognised on a straight line basis over the full term of the lease.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Investment property

Initial measurement

Investment properties are initially measured at cost.

Subsequent measurement

Investment properties are measured at fair value at each reporting date with changes in fair values recognised in profit or loss. No depreciation is provided in respect of investment properties.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Cash at bank

Included in cash at bank are certain bank accounts with cash balances which are under the control of the lender as stipulated in the bank loan agreement. Funds are released by the lender for the company's use only when required to settle liabilities including corporation tax.

Going concern

The financial statements have been prepared on a going concern basis which the director considers appropriate. This basis is dependent upon the continued support of the company's bankers and other creditors. The financial statements do not include any adjustments that would result from a withdrawal of financial support from the creditors.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

3,357,825

PROVISIONS

At 1 January 2025

and 31 December 2025

3,357,825

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

10,000,000

Additions

124,636

Disposals

(1,370,000

)

At 31 December 2025

8,754,636

NET BOOK VALUE

At 31 December 2025

8,754,636

At 31 December 2024

10,000,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2025

8,754,636

If the investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

5,322,731

9,881,337

The investment properties were valued on an open market basis on 31 December 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

54,782

585

Amounts owed by group undertakings

1,281,575

-

Other debtors

2,470

2,470

Prepayments & accrued income

-

44,592

1,338,827

47,647

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

200,000

5,530,000

Trade creditors

10,385

91,292

Amounts owed to group undertakings

2,022,329

1,475,848

Tax

50,860

56,714

Value added tax

30,787

-

Accruals & deferred income

226,602

319,739

2,540,963

7,473,593

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans repayable in 2-5

years

4,700,000

-

Loan arrangement fees

(138,408

)

-

4,561,592

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

4,900,000

5,530,000

These loans are secured by legal charges on the investment properties.

10.	RETAINED EARNINGS

The retained earnings of £3,180,352 (2024: £2,882,739) comprise distributable reserves of £nil (2024 £nil) and non-distributable reserves of £3,180,352 (2024: £2,882,739) which relate to property revaluations less related deferred tax provision.

11.	CASH AT BANK

Included in cash at bank are certain bank accounts with cash balances which are under the control of the lender as stipulated in the bank loan agreement. Funds are released by the lender for use only when required to settle liabilities including corporation tax. At the year end, the amount included in the cash at bank total under the control of the lender amounted to £135 (2024: £276,261).