Company Registration No. 10597790 (England and Wales)
Binnel Bay Ltd
Unaudited accounts
for the year ended 28 February 2026
Binnel Bay Ltd
Unaudited accounts
Contents
Binnel Bay Ltd
Company Information
for the year ended 28 February 2026
Company Number
10597790 (England and Wales)
Registered Office
Old Park House
Old Park Road
St. Lawrence
Ventnor
Isle of Wight
PO38 1XS
England
Accountants
Martin Bridges & Co
104, Green Lane
Shanklin
Isle of Wight
PO37 7HD
Binnel Bay Ltd
Statement of financial position
as at 28 February 2026
Intangible assets
350,000
350,000
Tangible assets
502,031
506,755
Cash at bank and in hand
2,370
1,921
Creditors: amounts falling due within one year
(76,288)
(62,768)
Net current liabilities
(73,918)
(60,847)
Total assets less current liabilities
778,113
795,908
Creditors: amounts falling due after more than one year
(1,051,704)
(1,050,795)
Net liabilities
(273,591)
(254,887)
Called up share capital
100
100
Profit and loss account
(273,691)
(254,987)
Shareholders' funds
(273,591)
(254,887)
For the year ending 28 February 2026 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 September 2026 and were signed on its behalf by
Mr David Kell
Director
Company Registration No. 10597790
Binnel Bay Ltd
Notes to the Accounts
for the year ended 28 February 2026
Binnel Bay Ltd is a private company, limited by shares, registered in England and Wales, registration number 10597790. The registered office is Old Park House, Old Park Road, St. Lawrence, Ventnor, Isle of Wight, PO38 1XS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total
At 28 February 2026
350,000
At 28 February 2026
350,000
At 28 February 2025
350,000
Binnel Bay Ltd
Notes to the Accounts
for the year ended 28 February 2026
5
Tangible fixed assets
Total
At 28 February 2026
603,153
At 28 February 2026
101,122
At 28 February 2026
502,031
At 28 February 2025
506,755
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Transactions with related parties
The Company sold part of the freehold property comprising the 19th Century house at open market value on the 30th March 2021.
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).