REGISTERED NUMBER: 00406089 (England and Wales)

Musters Estates Limited

Unaudited Financial Statements

for the Year Ended 5 April 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C K A Edwards

B H Harrison

G A Pollard

REGISTERED OFFICE:

12 Bridgford Road

West Bridgford

Nottingham

Nottinghamshire

NG2 6AB

REGISTERED NUMBER:

00406089 (England and Wales)

ACCOUNTANTS:

Brooks Mayfield Limited

Chartered Accountants

12 Bridgford Road

West Bridgford

Nottinghamshire

NG2 6AB

FIXED ASSETS

Tangible assets

5

985,000

3,810,000

CURRENT ASSETS

Debtors

6

47,562

10,641

Cash at bank

335,223

329,163

382,785

339,804

CREDITORS

Amounts falling due within one year

7

3,820

108,746

NET CURRENT ASSETS

378,965

231,058

TOTAL ASSETS LESS CURRENT LIABILITIES

1,363,965

4,041,058

PROVISIONS FOR LIABILITIES

152,598

647,038

NET ASSETS

1,211,367

3,394,020

CAPITAL AND RESERVES

Called up share capital

8

6,024

6,024

Capital redemption reserve

104,215

104,215

Fair value reserve

9

795,302

3,041,950

Retained earnings

305,826

241,831

SHAREHOLDERS' FUNDS

1,211,367

3,394,020

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2026 and were signed on its behalf by:

G A Pollard - Director

1.	STATUTORY INFORMATION

Musters Estates 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.

Land and buildings

-

not provided

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 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 6 April 2025

3,810,000

Disposals

(2,825,000

)

At 5 April 2026

985,000

NET BOOK VALUE

At 5 April 2026

985,000

At 5 April 2025

3,810,000

Cost or valuation at 5 April 2026 is represented by:

Land and

buildings

£

Valuation in 2023

1,260,000

Valuation in 2018

2,848,239

Valuation in 2025

(419,251

)

Valuation in 2026

(2,741,088

)

Cost

37,100

985,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.26

5.4.25

£

£

Trade debtors

47,562

10,641

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.26

5.4.25

£

£

Taxation and social security

576

85,727

Other creditors

3,244

23,019

3,820

108,746

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

5.4.26

5.4.25

value:

£

£

6,024

Ordinary

£1

6,024

6,024

9.

RESERVES

Included within the retained earnings is £795,302 (2025: £3,041,950) of reserves which relate to the revaluation of assets and are therefore undistributable. This is made up of adjustments to fair value of £947,900 (2025: £3,688,988) less deferred tax on the revaluation of £152,598 (2025: £647,038).