Company No: 08377775 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	B D Brick
	S D Brick

REGISTERED OFFICE	2 Leman Street
	London
	E1W 9US
	United Kingdom

COMPANY NUMBER

08377775 (England and Wales)

ACCOUNTANT	Gravita Essex Limited
	Kings House
	101-135 Kings Road
	Brentwood
	Essex
	CM14 4DR
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	1,442		1,173
Investment property	4	4,322,500		5,702,500
Investments	5	5,972,317		5,842,024
		10,296,259		11,545,697
Current assets
Debtors	6	390,157		214,861
Cash at bank and in hand		1,249,517		527,058
		1,639,674		741,919
Creditors: amounts falling due within one year	7	( 3,921,715)		( 4,453,953)
Net current liabilities		(2,282,041)		(3,712,034)
Total assets less current liabilities		8,014,218		7,833,663
Creditors: amounts falling due after more than one year	8	( 431,272)		( 461,459)
Provision for liabilities		0		( 67,244)
Net assets		7,582,946		7,304,960
Capital and reserves
Called-up share capital		264		264
Share premium account		4,250,837		4,250,837
Fair value reserve	9	17,901		285,239
Profit and loss account		3,313,944		2,768,620
Total shareholders' funds		7,582,946		7,304,960

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Ambleside Estates Limited (registered number: 08377775) were approved and authorised for issue by the Board of Directors on 22 October 2026. They were signed on its behalf by:

B D Brick Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Ambleside Estates Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2 Leman Street, London, E1W 9US, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents the total rent receivable during the year.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

4 years straight line

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Pension costs and other post-retirement benefits

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

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 January 2025	1,476		1,476
Additions	638		638
At 31 December 2025	2,114		2,114
Accumulated depreciation
At 01 January 2025	303		303
Charge for the financial year	369		369
At 31 December 2025	672		672
Net book value
At 31 December 2025	1,442		1,442
At 31 December 2024	1,173		1,173

4. Investment property

	Investment property
	£
Valuation
As at 01 January 2025	5,702,500
Fair value movement	(144,576)
Disposals	(1,235,424)
As at 31 December 2025	4,322,500

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

	2025		2024
	£		£
Historic cost	4,321,424		5,350,017

The investment properties were valued on an open market basis on 31 December 2025 by the director.

5. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 January 2025	5,842,024		5,842,024
Additions	2,284,925		2,284,925
Disposals	( 2,507,071)		( 2,507,071)
Share of profit/(loss)	766,670		766,670
Exchange differences	(414,231)		(414,231)
At 31 December 2025	5,972,317		5,972,317
Carrying value at 31 December 2025	5,972,317		5,972,317
Carrying value at 31 December 2024	5,842,024		5,842,024

6. Debtors

	2025		2024
	£		£
Trade debtors	16,642		9,537
Deferred tax asset	16,824		0
Other debtors	356,691		205,324
	390,157		214,861

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	306,613		381,755
Trade creditors	668		12,334
Amounts owed to related parties	87,923		168,508
Taxation and social security	( 46,615)		23,845
Other creditors	3,573,126		3,867,511
	3,921,715		4,453,953

8. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	431,272		461,459

There are no amounts included above in respect of which any security has been given by the small entity.

9. RESERVES

	2025
	£
At 1 January 2025	(285,239)
Revaluation	351,406
Deferred tax	(84,068)
	(17,901)