REGISTERED NUMBER: 00374091 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

SALTER & PARFITT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A T Salter

P A Salter

C Salter

E B Salter

SECRETARY:

A T Salter

REGISTERED OFFICE:

Chase Green House

Mill Lane

Chalfont St. Giles

Buckinghamshire

HP8 4NR

REGISTERED NUMBER:

00374091 (England and Wales)

ACCOUNTANTS:

Hill Wooldridge & Co.

Chartered Accountants

Monument House

215 Marsh Road

Pinner

HA5 5NE

FIXED ASSETS

Investment property

4

2,436,689

2,352,726

CURRENT ASSETS

Debtors

5

5,187

3,592

Investments

6

935,240

626,402

Cash at bank

90,111

84,785

1,030,538

714,779

CREDITORS

Amounts falling due within one year

7

149,112

138,395

NET CURRENT ASSETS

881,426

576,384

TOTAL ASSETS LESS CURRENT LIABILITIES

3,318,115

2,929,110

CAPITAL AND RESERVES

Called up share capital

4,368

4,368

Revaluation reserve

8

1,845,084

1,562,448

Retained earnings

1,468,663

1,362,294

SHAREHOLDERS' FUNDS

3,318,115

2,929,110

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 2 March 2026 and were signed on its behalf by:

A T Salter - Director

1.	STATUTORY INFORMATION

Salter & Parfitt 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.

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.

Investment property

In accordance with standard accounting practice, investment properties are revalued annually and the aggregate surplus or deficit is transferred to a revaluation reserve. No depreciation or amortisation is provided in respect of freehold investment properties and leasehold investment properties with over 20 years to run.

Although the Companies Act would normally require the systematic annual depreciation of fixed assets, the directors believe that the policy of not providing depreciation is necessary in order to give a true and fair view, since the current value of investment properties, and changes to that current value, are of prime importance rather than a calculation of systematic annual depreciation. Depreciation is only one of the many factors reflected in the annual valuation, and the amount which might otherwise have been included cannot be separately identified or quantified.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

2,352,726

Disposals

(241,000

)

Revaluations

324,963

At 31 December 2025

2,436,689

NET BOOK VALUE

At 31 December 2025

2,436,689

At 31 December 2024

2,352,726

Fair value at 31 December 2025 is represented by:

£

Valuation in 2007

1,130,154

Valuation in 2008

(207,039

)

Valuation in 2011

339,983

Valuation in 2012

21,800

Valuation in 2013

235,223

Valuation in 2025

324,963

Cost

591,605

2,436,689

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

591,605

790,279

Investment property was valued on an open market basis on 31 December 2025 by the board of directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

5,187

3,592

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

935,240

626,402

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

52,938

45,984

Other creditors

96,174

92,411

149,112

138,395

8.

RESERVES

Revaluation

reserve

£

At 1 January 2025

1,562,448

Revaluation of investment properties

324,963

Transfer of realised gain

(42,327

)

At 31 December 2025

1,845,084

9.	RELATED PARTY DISCLOSURES