REGISTERED NUMBER: 08243200 (England and Wales)

Foxes Bridge Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

MJ Tebbit

SJ Tebbit

SECRETARY:

MJ Tebbit

REGISTERED OFFICE:

Foxes Bridge Farm

Royston Lane

Comberton

Cambridge

CB23 7EE

REGISTERED NUMBER:

08243200 (England and Wales)

ACCOUNTANTS:

The Hutchinson Partnership Limited

trading as The Hutchinson Partnership

Chartered Accountants

The Bull Pen

Grove Farm

Portway, Burghill

Hereford

HR4 8NF

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Foxes Bridge Ltd for the year ended 31 March 2026 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Foxes Bridge Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Foxes Bridge Ltd and state those matters that we have agreed to state to the Board of Directors of Foxes Bridge Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Foxes Bridge Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Foxes Bridge Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Foxes Bridge Ltd. You consider that Foxes Bridge Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Foxes Bridge Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The Hutchinson Partnership Limited

trading as The Hutchinson Partnership

Chartered Accountants

The Bull Pen

Grove Farm

Portway, Burghill

Hereford

HR4 8NF

1 October 2026

FIXED ASSETS

Investment property

4

2,017,508

1,980,649

CURRENT ASSETS

Debtors

5

993

10,724

Cash at bank

26,587

8,441

27,580

19,165

CREDITORS

Amounts falling due within one year

6

384,555

315,023

NET CURRENT LIABILITIES

(356,975

)

(295,858

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,660,533

1,684,791

CREDITORS

Amounts falling due after more than one year

7

(303,783

)

(348,855

)

PROVISIONS FOR LIABILITIES

9

(217,073

)

(215,981

)

NET ASSETS

1,139,677

1,119,955

CAPITAL AND RESERVES

Allotted, issued and fully paid share capital

1,000

1,000

Fair value reserve -

non distributable

10

255,395

259,908

Retained earnings

883,282

859,047

SHAREHOLDERS' FUNDS

1,139,677

1,119,955

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2026 and were signed on its behalf by:

MJ Tebbit - Director

1.	STATUTORY INFORMATION

Foxes Bridge Ltd 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.

Going concern

The directors are aware that the company has net current liabilities. This is because the company has loan repayments to meet each year. The directors are confident that they will continue to meet the company's working capital requirements by way of the company's rental income stream. Creditors due within 1 year also include amounts owed to directors. The directors have confirmed they will not seek repayment of these if it would prejudice any other creditors.

For these reasons the directors consider it appropriate to prepare the financial statements on a going concern basis.

Turnover

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

The company recognises revenue when the significant risks and rewards of ownership have passed to the buyer, when the amount of revenue can be measured reliably, when it is probable that the economic benefits associated with the transaction will flow to the entity and when the costs incurred or to be incurred in respect of the transaction can be measured reliably. Revenue from services is recognised in the accounting periods in which the services are rendered.

The following criteria must be met before revenue is recognised:

Rental income is recognised when the tenant has occupied the property or has had access to it during the rental period.

Investment property

Investment property is shown at fair value. Fair value is determined with reference to at the most recent valuation. Any aggregate surplus or deficit arising from changes in market value is recognised in profit or loss.

Deferred tax in relation to capital gains tax due on investment property is charged through the fair value reserve which is non-distributable.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.

EMPLOYEES

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

1,980,649

Additions

36,859

At 31 March 2026

2,017,508

NET BOOK VALUE

At 31 March 2026

2,017,508

At 31 March 2025

1,980,649

Fair value at 31 March 2026 is represented by:

£

Valuation in 2015

337,579

Valuation in 2016

(8,730

)

Valuation in 2017

(23,471

)

Valuation in 2018

(9,148

)

Valuation in 2023

155,775

Cost

1,565,503

2,017,508

The investment property was revalued by the directors and reflects the market value of the property as at 31 March 2026.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

377

2,027

Prepayments

616

8,697

993

10,724

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

46,119

46,119

Trade creditors

9,137

7,434

Tax

18,854

11,047

Social security and other taxes

839

813

VAT

7,539

7,301

Directors' current accounts

236,115

177,042

Accruals and deferred income

65,952

65,267

384,555

315,023

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-5 years

99,645

131,331

Bank loans more than 5 years

payable by instalment

204,138

217,524

303,783

348,855

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

payable by instalment

204,138

217,524

204,138

217,524

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

349,902

394,974

There is a fixed and floating charge over all the property and undertaking of the company to secure the loans.

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

217,073

215,981

Deferred

tax

£

Balance at 1 April 2025

215,981

Charge to Profit and Loss Account during year

1,092

Balance at 31 March 2026

217,073

10.

RESERVES

Fair

value

reserve -

non

distributable

£

At 1 April 2025

259,908

Deferred tax

(4,513

)

At 31 March 2026

255,395