Enborne Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02900570 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2026

FOR

ENBORNE PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I Fewings

Mrs S E Fewings

SECRETARY:

Mrs S E Fewings

REGISTERED OFFICE:

Enborne Business Park, The Clockhouse

Selsey Road

Sidlesham

Chichester

West Sussex

PO20 7NE

REGISTERED NUMBER:

02900570 (England and Wales)

ACCOUNTANTS:

Compass Accountants Limited

Chartered Accountants

Venture House

The Tanneries

East Street

Titchfield

Hampshire

PO14 4AR

FIXED ASSETS

Tangible assets

4

349,946

357,416

Investment property

5

1,900,000

1,874,750

2,249,946

2,232,166

CURRENT ASSETS

Stocks

950

1,000

Debtors

6

52,525

51,280

Cash at bank

171,779

214,564

225,254

266,844

CREDITORS

Amounts falling due within one year

7

260,034

353,844

NET CURRENT LIABILITIES

(34,780

)

(87,000

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,215,166

2,145,166

CREDITORS

Amounts falling due after more than one
year

8

(327,080

)

(347,186

)

PROVISIONS FOR LIABILITIES

(396,785

)

(556,794

)

NET ASSETS

1,491,301

1,241,186

CAPITAL AND RESERVES

Called up share capital

10

304

Revaluation reserve

-

279,261

Fair value reserve

1,146,179

-

Retained earnings

344,818

961,621

SHAREHOLDERS' FUNDS

1,491,301

1,241,186

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2026 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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th August 2026 and were signed on its behalf by:

I Fewings - Director

1.	STATUTORY INFORMATION

Enborne 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced rent received, excluding value added tax.

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

-

2% on cost

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on straight line basis

Investment property

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Basic financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, where there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

The company's financial assets and liabilities consist of cash and cash equivalents, short term investments, trade and other debtors, trade and other creditor, and accrued expenses. The fair value of these items approximates their carrying value due to their short term value. Unless otherwise noted, the company is not exposed to significant interest, foreign exchange or credit risks arising from these instruments.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

COST

At 1st March 2025

433,438

325,830

69,408

828,676

Additions

-

32,961

-

32,961

Disposals

-

(16,950

)

(16,950

)

At 28th February 2026

433,438

358,791

52,458

844,687

DEPRECIATION

At 1st March 2025

130,757

291,584

48,919

471,260

Charge for year

8,669

16,648

15,114

40,431

Eliminated on disposal

-

(16,950

)

(16,950

)

At 28th February 2026

139,426

308,232

47,083

494,741

NET BOOK VALUE

At 28th February 2026

294,012

50,559

5,375

349,946

At 28th February 2025

302,681

34,246

20,489

357,416

5.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1st March 2025

1,874,750

Revaluations

25,250

At 28th February 2026

1,900,000

NET BOOK VALUE

At 28th February 2026

1,900,000

At 28th February 2025

1,874,750

Cost or valuation at 28th February 2026 is represented by:

£

Valuation in 1999

120,000

Valuation in 2002

110,000

Valuation in 2008

116,990

Valuation in 2015

1,158,964

Valuation in 2026

25,250

Cost

368,796

1,900,000

The investment property was valued on an open market basis on 22nd April 2026 by Marshall Clark LLP.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

45,446

44,201

Other debtors

7,079

52,525

51,280

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

50,625

83,835

Trade creditors

3,794

4,377

Taxation and social security

61,578

92,229

Other creditors

144,037

173,403

260,034

353,844

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Bank loans

327,080

347,186

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

133,243

40,543

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Bank loans

377,705

431,021

The bank loans are secured by a charge over the freehold property.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

2

Ordinary

£1

2

100

Ordinary 'B'

£1

100

Ordinary 'C'

£1

100

Ordinary D

£1

100

1

Ordinary E

£1

1

Ordinary F

£1

1

304

Authorised:

Number

Class

Nominal

2025

2024

value

£

2

Ordinary

£1

2

100

Ordinary 'B'

£1

100

Ordinary 'C'

£1

100

Ordinary 'D'

£1

100

1

Ordinary 'E'

£1

1

Ordinary 'F'

£1

1

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