Company No: 06037324 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	747,077		1,321,316
Investments	4	100		102
		747,177		1,321,418
Current assets
Debtors	5	132,911		22,048
Cash at bank and in hand		9,599		27,310
		142,510		49,358
Creditors: amounts falling due within one year	6	( 887,270)		( 1,381,919)
Net current liabilities		(744,760)		(1,332,561)
Total assets less current liabilities		2,417		(11,143)
Net assets/(liabilities)		2,417		( 11,143)
Capital and reserves
Called-up share capital		100		100
Profit and loss account		2,317		( 11,243 )
Total shareholder's funds/(deficit)		2,417		( 11,143)

For the financial 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.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Ledbury Estates Limited (registered number: 06037324) were approved and authorised for issue by the Director on 08 September 2026. They were signed on its behalf by:

A J R Heaton Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Ledbury Estates Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 10 Eccleston Mews, London, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

Turnover

Turnover comprises revenue which is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Land and buildings	not depreciated
Plant and machinery	25 % reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Financial instruments

Financial assets and liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments are measured at transaction price.

Cash and cash equivalents are classified as basic financial instruments and comprise cash inhand and at bank.

Investments
Investments in subsidiaries are measured at cost less accumulated impairment.

Other investments are also measured at cost less accumulated impairment.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Land and buildings		Plant and machinery		Total
	£		£		£
Cost
At 01 January 2025	1,320,597		18,269		1,338,866
Additions	32,944		0		32,944
Disposals	( 606,770)		( 8,950)		( 615,720)
At 31 December 2025	746,771		9,319		756,090
Accumulated depreciation
At 01 January 2025	0		17,550		17,550
Charge for the financial year	0		101		101
Disposals	0		( 8,638)		( 8,638)
At 31 December 2025	0		9,013		9,013
Net book value
At 31 December 2025	746,771		306		747,077
At 31 December 2024	1,320,597		719		1,321,316

4. Fixed asset investments

	2025		2024
	£		£
Subsidiary undertakings	100		102

Investments in subsidiaries

	2025
	£
Cost
At 01 January 2025	102
Disposals	( 2)
At 31 December 2025	100
Carrying value at 31 December 2025	100
Carrying value at 31 December 2024	102

Investments in shares

Name of entity	Registered office	Principal activity	Class of shares	Ownership 31.12.2025	Ownership 31.12.2024	Held
Graffham Estates Limited	England and Wales	Real estate	Ordinary shares	100.00%	100.00%	Direct

During the year, The Midhurst Stone Company Limited was put into liquidation.

The capital and reserves and the profit of the subsidiary undertaking was as follows:

	Capital and reserves at 2025	Profit for the year ended 2025
	£	£
Graffham Estates Limited	228,299	51,880

5. Debtors

	2025		2024
	£		£
Trade debtors	0		1,032
Amounts owed by related parties	120,000		0
Prepayments	11,856		20,271
VAT recoverable	1,055		745
	132,911		22,048

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	370,000		800,000
Trade creditors	6,502		2,983
Amounts owed to director	17,272		15,334
Other loans	489,716		560,000
Accruals	3,780		3,600
Other creditors	0		2
	887,270		1,381,919

7. Related party transactions

At 31 December 2025, the company owed to the director £17,272 (2024: £15,334). No interest is charged on this loan.