REGISTERED NUMBER: 03179012 (England and Wales)

Bridgford Holdings Limited

Unaudited Financial Statements

for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr E J Tarbatt

Mr R J Tarbatt

REGISTERED OFFICE:

12 Bridgford Road

West Bridgford

Nottingham

Nottinghamshire

NG2 6AB

REGISTERED NUMBER:

03179012 (England and Wales)

ACCOUNTANTS:

Brooks Mayfield Limited

Chartered Accountants

12 Bridgford Road

West Bridgford

Nottinghamshire

NG2 6AB

FIXED ASSETS

Tangible assets

5

616,720

378,537

Investment property

6

31,100,000

27,762,365

31,716,720

28,140,902

CURRENT ASSETS

Stocks

1,750,129

2,535,828

Debtors

7

727,538

937,568

Cash at bank

594,623

28,970

3,072,290

3,502,366

CREDITORS

Amounts falling due within one year

8

1,044,485

704,840

NET CURRENT ASSETS

2,027,805

2,797,526

TOTAL ASSETS LESS CURRENT LIABILITIES

33,744,525

30,938,428

CREDITORS

Amounts falling due after more than one year

9

(11,762,890

)

(10,890,342

)

PROVISIONS FOR LIABILITIES

(5,021,873

)

(4,529,501

)

NET ASSETS

16,959,762

15,518,585

CAPITAL AND RESERVES

Called up share capital

11

492

492

Retained earnings

12

16,959,270

15,518,093

SHAREHOLDERS' FUNDS

16,959,762

15,518,585

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 22 June 2026 and were signed on its behalf by:

Mr E J Tarbatt - Director

1.	STATUTORY INFORMATION

Bridgford Holdings 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

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.

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit and loss.

If a reliable measure of fair value is not available without undue cost or effort it shall be transferred to tangible assets and accounted for under the cost model until it is expected that fair value will be reliably measurable on an on-going basis.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

410,589

82,944

220,842

13,466

727,841

Additions

153,744

-

337,523

497

491,764

Disposals

(79,000

)

-

(117,446

)

-

(196,446

)

At 31 December 2025

485,333

82,944

440,919

13,963

1,023,159

DEPRECIATION

At 1 January 2025

218,118

38,906

84,661

7,619

349,304

Charge for year

46,674

6,606

77,638

2,094

133,012

Eliminated on disposal

(43,947

)

-

(31,930

)

-

(75,877

)

At 31 December 2025

220,845

45,512

130,369

9,713

406,439

NET BOOK VALUE

At 31 December 2025

264,488

37,432

310,550

4,250

616,720

At 31 December 2024

192,471

44,038

136,181

5,847

378,537

Tangible fixed assets held under hire purchase contracts have a net book value at 31 December 2025 of £391,566 (2024 - £115,430)

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

27,762,365

Additions

1,461,629

Revaluations

1,876,006

At 31 December 2025

31,100,000

NET BOOK VALUE

At 31 December 2025

31,100,000

At 31 December 2024

27,762,365

Fair value at 31 December 2025 is represented by:

£

Valuation in 2025

20,092,631

Cost

11,007,369

31,100,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

233,238

614,584

Other debtors

494,300

322,984

727,538

937,568

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

87,424

44,899

Trade creditors

241,296

39,348

Taxation and social security

153,121

145,716

Other creditors

562,644

474,877

1,044,485

704,840

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

11,580,263

10,845,263

Hire purchase contracts

182,627

45,079

11,762,890

10,890,342

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank loans

11,580,263

10,845,263

Hire purchase contracts

270,051

89,978

11,850,314

10,935,241

Bank loans are secured by way of legal mortgage on the investment property and fixed charges over certain fixed assets.

Hire purchase contracts are secured over the assets to which they concern.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

492

Ordinary

1

492

492

12.

RESERVES

Retained

earnings

£

At 1 January 2025

15,518,093

Profit for the year

1,541,177

Dividends

(100,000

)

At 31 December 2025

16,959,270

Included within the retained earnings is £15,069,473 (2024 - £13,662,469) of reserves which relate to the revaluation of fixed assets and are therefore undistributable. This is made up of adjustments to fair value of £20,092,631 less deferred tax on the revaluation of £5,023,158.

13.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year ended 31st December 2025, a loan existed between the company and its director and as at 31st December 2025 the director owes the company £184,688 (2024 - £29,462). The balance has been cleared after the year end by way of dividend and repayment.