REGISTERED NUMBER: 09268832 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

THE BLOOMSBURY PROPERTY COMPANY

(SCARBOROUGH) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Sadie Isabella Shard

Mr William Pringle

REGISTERED OFFICE:

The Crescent Hotel

2 Belvoir Terrace

Scarborough

North Yorkshire

YO11 2PP

REGISTERED NUMBER:

09268832 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

-

-

Investments

6

100

100

Investment property

7

1,485,000

1,485,000

1,485,100

1,485,100

CURRENT ASSETS

Cash at bank

6,379

3,169

CREDITORS

Amounts falling due within one year

8

407,558

399,695

NET CURRENT LIABILITIES

(401,179

)

(396,526

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,083,921

1,088,574

CREDITORS

Amounts falling due after more than one year

9

(475,567

)

(511,894

)

PROVISIONS FOR LIABILITIES

(107,551

)

(107,551

)

NET ASSETS

500,803

469,129

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

11

416,771

390,959

Retained earnings

83,932

78,070

500,803

469,129

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 17 September 2026 and were signed on its behalf by:

Sadie Isabella Shard - Director

1.	STATUTORY INFORMATION

The Bloomsbury Property Company (Scarborough) 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.

Preparation of consolidated financial statements

The financial statements contain information about The Bloomsbury Property Company (Scarborough) Limited as an individual Company and do not contain consolidated financial information as the parent of a group. The Company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

Turnover represents the total invoice value of rents receivable. Rental income is recognised in the profit and loss account in the period in which the rents are due.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

161,499

AMORTISATION

At 1 January 2025

and 31 December 2025

161,499

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

fittings

£

COST

At 1 January 2025

and 31 December 2025

95,000

DEPRECIATION

At 1 January 2025

and 31 December 2025

95,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

100

NET BOOK VALUE

At 31 December 2025

100

At 31 December 2024

100

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

1,485,000

NET BOOK VALUE

At 31 December 2025

1,485,000

At 31 December 2024

1,485,000

2025

2024

£

£

Cost

986,491

986,491

The completed investment properties are stated at fair value in accordance with the requirements of section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

The investment properties have been valued by the directors on the fair value basis taking into account existing tenancy arrangements.

The directors did not consider there to be any change in the fair value of the investment properties from the previous year.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Bank loans and overdrafts

30,703

21,433

Amounts owed to group undertakings

73,989

76,602

Other creditors

302,866

301,660

407,558

399,695

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

as restated

£

£

Bank loans

475,567

511,894

2025

2024

as restated

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

335,925

501,653

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

as restated

£

£

Bank loans

506,270

533,327

The bank borrowings included in creditors due within and after more than one year are secured by a debenture and a first legal charge over freehold investment property owned by the company.

Further security in relation to the bank borrowings is also provided by the subsidiary company First Resort Events Limited.

11.

RESERVES

Fair

value

reserve

£

At 1 January 2025

390,959

Revaluation of investment property

25,812

At 31 December 2025

416,771

12.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Director's current accounts

Included within creditors due within one year is £299,941 (2024 £299,941) owing to a director of the company. The loan is repayable on demand, and no interest has been charged to the company on the amount outstanding.