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Registered number: 03294075
Acres Hill Limited
ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Acres Hill Limited
ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2025
DIRECTORS
Mrs C.E. Mant
Mr J.D. Mant
SECRETARY
Miss N. Claydon
REGISTERED OFFICE
The Lodge
Park Road
Shepton Mallet
Somerset
BA4 5BS
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03294075
Acres Hill Limited
ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2025
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Acres Hill Limited
BALANCE SHEET AT 31 December 2025
20252024
Notes££
FIXED ASSETS
Tangible assets314,353,52914,353,275
CURRENT ASSETS
Debtors5121,08755,890
Cash at bank and in hand204,134151,095
325,221206,985
CREDITORS: Amounts falling due within one year6586,544425,485
NET CURRENT LIABILITIES(261,323)(218,500)
TOTAL ASSETS LESS CURRENT LIABILITIES14,092,20614,134,775
CREDITORS: Amounts falling due after more than one year77,027,1006,527,100
PROVISIONS FOR LIABILITIES AND CHARGES81,482,1491,606,747
NET ASSETS5,582,9576,000,928
CAPITAL AND RESERVES
Called up share capital936,57036,570
Share premium account1058,12558,125
Profit and loss account5,488,2625,906,233
SHAREHOLDERS' FUNDS5,582,9576,000,928
For the year ending 31 December 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 14 September 2026 and signed on their behalf by
.............................
Mrs C.E. Mant
Director
Acres Hill Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 25%
1c. Investment Properties
Investment property is included at fair value. Gains are recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets.
2. EMPLOYEES
20252024
No.No.
Average number of employees22
Acres Hill Limited
3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 1 January 20253,9403,940
Additions799799
At 31 December 20254,7394,739
Depreciation
At 1 January 20252,5562,556
For the year546546
At 31 December 20253,1023,102
Net Book Amounts
At 31 December 20251,6371,637
At 31 December 20241,3841,384
4. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 1 January 202514,351,89114,351,891
Additions498,391498,391
Revaluation(498,390)(498,390)
At 31 December 202514,351,89214,351,892
The fair value of the investment property is comprised of freehold and long leasehold investment properties in the Clifton, Redland, Cotham and Easton areas of Bristol. The directors having considered the current economic climate and its effect on property prices, have valued the property at the balance sheet date on an untenanted basis and the properties are shown at this fair value.
During the year ended 31 December 2025, the drop value in the year of £498,390 (2024: £0) was debited to the profit and loss account in accordance with FRS 102.
5. DEBTORS 20252024
££
Amounts falling due within one year
Other debtors108,44546,724
Prepayments12,6429,166
121,08755,890
Acres Hill Limited
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax69,16932,883
Directors current account2,72542,579
Other Loans478,340309,762
Other Creditors1,18410,002
Accruals35,12630,259
586,544425,485
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans (secured) >1yr7,027,1006,527,100
7,027,1006,527,100
The bank loans of £6,527,100 (2024 - £6,527,100) are secured by fixed charges over the investment property.
8. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation1,482,1491,606,747
1,482,1491,606,747
9. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
32000 Ordinary shares of £1 each3200032000
4570 Class B shares of £1 each45704570
36,57036,570
Acres Hill Limited
10. SHARE PREMIUM ACCOUNT 20252024
££
Share premium account58,12558,125
11. RELATED PARTY TRANSACTIONS
At the balance sheet date the director, Mrs C.E. Mant, was owed £2,725 (2024:£42,579) by the company. The loan was unsecured, interest free and there were no fixed repayment terms.
12. RETAINED EARNINGS BREAKDOWN
Included in retained earnings is £5,099,321 (2024 - £5,473,113) of profits which are not available for distribution as they are unrealised.