REGISTERED NUMBER: 02482925 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2026

FOR

EDWARD SOWDEN LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B.R. Aston

Mrs H J Aston

SECRETARY:

Mr. B.R. Aston

REGISTERED OFFICE:

134 Furbarn Lane

Rochdale

Lancashire

OL11 5RA

REGISTERED NUMBER:

02482925 (England and Wales)

ACCOUNTANTS:

TC Group

Park House

200 Drake Street

Rochdale

Lancashire

OL16 1PJ

FIXED ASSETS

Tangible assets

4

565

1,037

Investments

5

550,825

422,363

Investment property

6

8,855,000

8,855,000

9,406,390

9,278,400

CURRENT ASSETS

Debtors

1,486,228

1,434,941

Cash at bank

318,807

276,201

1,805,035

1,711,142

CREDITORS

Amounts falling due within one year

328,651

464,446

NET CURRENT ASSETS

1,476,384

1,246,696

TOTAL ASSETS LESS CURRENT LIABILITIES

10,882,774

10,525,096

PROVISIONS FOR LIABILITIES

1,161,113

1,129,116

NET ASSETS

9,721,661

9,395,980

CAPITAL AND RESERVES

Called up share capital

1,260

1,260

Other reserves

7

779,612

779,612

Retained earnings

7

8,940,789

8,615,108

SHAREHOLDERS' FUNDS

9,721,661

9,395,980

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 year ended 31 May 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 15 October 2026 and were signed on its behalf by:

B.R. Aston - Director

1.	STATUTORY INFORMATION

Edward Sowden 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.

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.

Turnover

Turnover represents property rentals due and net invoiced sales of goods and services, excluding V.A.T.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance and 10% on reducing balance

Computer equipment

-

25% on cost

All land and buildings owned by the company was previously shown as fixed assets irrespective of their investment potential. As such, the provisions relating to investment properties as set out in the Financial Reporting Standard for Smaller Entities was not applied. During the previous year the decision was made to show as Investment properties at fair value.

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 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 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed asset investments

Fixed asset investments other than property were stated at cost less provision for permanent diminution in value of those investments. Where the investment is quoted it is now included at the year end valuation

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2025

and 31 May 2026

75,066

DEPRECIATION

At 1 June 2025

74,029

Charge for year

472

At 31 May 2026

74,501

NET BOOK VALUE

At 31 May 2026

565

At 31 May 2025

1,037

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1 June 2025

422,363

Additions

1

Revaluations

128,461

At 31 May 2026

550,825

NET BOOK VALUE

At 31 May 2026

550,825

At 31 May 2025

422,363

Cost or valuation at 31 May 2026 is represented by:

Totals

£

Valuation in 2024

200,824

Cost

350,001

550,825

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

2026

2025

£

£

Cost

350,000

350,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Bramm Trading Limited

Registered office: United Kingdom

Nature of business: Wholesale of goods

%

Class of shares:

holding

Ordinary

50.00

2026

£

Aggregate capital and reserves

(96,762

)

Loss for the year

(96,764

)

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2025

and 31 May 2026

8,855,000

NET BOOK VALUE

At 31 May 2026

8,855,000

At 31 May 2025

8,855,000

Fair value at 31 May 2026 is represented by:

£

Valuation in 2023

6,404,107

Cost

2,450,893

8,855,000

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

2026

2025

£

£

Cost

2,450,893

2,450,893

Aggregate depreciation

(1,021,381

)

(972,362

)

Investment property was valued on on a market value basis on 17 January 2023 by Longden Cook .

7.

RESERVES

Retained

Other

earnings

reserves

Totals

£

£

£

At 1 June 2025

8,615,108

779,612

9,394,720

Profit for the year

445,681

445,681

Dividends

(120,000

)

(120,000

)

At 31 May 2026

8,940,789

779,612

9,720,401

Included in reserves is undistributable reserves relating to revaluation of property amounting to £6,167,669 and £150,618 relating to revaluation of Aviva investments.

8.	RELATED PARTY DISCLOSURES

Included in debtors is a loan of £1,381,823 due from a limited company where Edward Sowden Limited is a 50% shareholder.