REGISTERED NUMBER: 16141815 (England and Wales)

Unaudited Financial Statements

for the Period

18 December 2024 to 31 March 2026

for

Billacombe Property Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Faulkner

R G Lucy

C J Roxburgh

REGISTERED OFFICE:

16 Ellesmere Road

Twickenham

United Kingdom

TW1 2DL

REGISTERED NUMBER:

16141815 (England and Wales)

ACCOUNTANTS:

Pinfold & Co

8 Deben Mill Business Centre

Old Maltings Approach

Woodbridge

Suffolk

IP12 1BL

FIXED ASSETS

Investment property

4

532,243

CURRENT ASSETS

Debtors

70,434

Cash at bank

7,324

77,758

CREDITORS

Amounts falling due within one year

(34,037

)

NET CURRENT ASSETS

43,721

TOTAL ASSETS LESS CURRENT LIABILITIES

575,964

CREDITORS

Amounts falling due after more than one year

(567,855

)

NET ASSETS

8,109

CAPITAL AND RESERVES

Called up share capital

6

10

Retained earnings

7

8,099

SHAREHOLDERS' FUNDS

8,109

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the period ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 September 2026 and were signed on its behalf by:

G Faulkner - Director

1.	STATUTORY INFORMATION

Billacombe Property 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.

Turnover

Turnover represents rents receivable for the period.

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 period 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 period 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 period was 3 .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

532,243

At 31 March 2026

532,243

NET BOOK VALUE

At 31 March 2026

532,243

5.

LOANS

An analysis of the maturity of loans is given below:

£

Amounts falling due within one year or on demand:

Other loans - less than 1 year

20,217

Amounts falling due between one and two years:

Other loans - 1-2 years

124,351

Amounts falling due between two and five years:

Other loans - 2-5 years

443,504

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

0.1

10

7.

RESERVES

Retained

earnings

£

Profit for the period

8,099

At 31 March 2026

8,099

8.	RELATED PARTY DISCLOSURES

At the balance sheet date related parties were owed £588,073 in unsecured loans. The loans are interest bearing and are being repaid in installments.In addition to the loans related parties owe the company £27,047.