REGISTERED NUMBER: 01488352 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Bushybay Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Investment property

4

1,978,403

1,978,403

CURRENT ASSETS

Debtors

5

308,655

244,466

Cash at bank

76,320

124,272

384,975

368,738

CREDITORS

Amounts falling due within one year

6

55,394

46,207

NET CURRENT ASSETS

329,581

322,531

TOTAL ASSETS LESS CURRENT LIABILITIES

2,307,984

2,300,934

PROVISIONS FOR LIABILITIES

291,422

291,422

NET ASSETS

2,016,562

2,009,512

CAPITAL AND RESERVES

Called up share capital

3

3

Non-distributable reserve

7

1,332,294

1,332,294

Retained earnings

684,265

677,215

SHAREHOLDERS' FUNDS

2,016,562

2,009,512

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 1 October 2026 and were signed on its behalf by:

Mrs D A Bird - Director

1.	STATUTORY INFORMATION

Bushybay Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01488352

Registered office:

Gorst Barn Farm

Brandhill

Nr Craven Arms

Shropshire

SY7 0PG

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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 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.

Rental income

All rental income received or receivable in respect of investment properties is credited to revenue on an accruals basis.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

1,978,403

NET BOOK VALUE

At 31 March 2026

1,978,403

At 31 March 2025

1,978,403

Fair value at 31 March 2026 is represented by:

£

Valuation in 2021

1,619,436

Valuation in 2024

4,280

Cost

354,687

1,978,403

If investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

354,687

354,687

Investment property was valued on open market basis on 31 March 2026 by the directors .

In the opinion of the directors, the fair value of the properties held at 31 March 2026 had not changed materially from the previous valuation.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,435

766

Amounts owed by group undertakings

301,762

237,842

Other debtors

5,458

5,858

308,655

244,466

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

4,637

-

Amounts owed to associates

2,753

2,709

Taxation and social security

35,669

29,081

Other creditors

12,335

14,417

55,394

46,207

7.

RESERVES

Non-distributab

reserve

£

At 1 April 2025

and 31 March 2026

1,332,294

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Caldmore Residential Properties Ltd.