REGISTERED NUMBER: 00215125 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

How Caple Estate Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R L A Lee

Mrs H M Lee

Mrs V M Lee

SECRETARY:

K M Tong

REGISTERED OFFICE:

How Caple Court

How Caple

Hereford

Herefordshire

HR1 4SX

REGISTERED NUMBER:

00215125 (England and Wales)

ACCOUNTANTS:

Thorne Widgery Accountancy Ltd

Chartered Accountants

2 Wyevale Business Park

Kings Acre

Hereford

Herefordshire

HR4 7BS

FIXED ASSETS

Tangible assets

4

646,883

657,965

CURRENT ASSETS

Debtors

5

9,384

41,969

Cash at bank

35,356

9,806

44,740

51,775

CREDITORS

Amounts falling due within one year

6

(19,870

)

(45,340

)

NET CURRENT ASSETS

24,870

6,435

TOTAL ASSETS LESS CURRENT LIABILITIES

671,753

664,400

CREDITORS

Amounts falling due after more than one year

7

-

(9,846

)

NET ASSETS

671,753

654,554

CAPITAL AND RESERVES

Called up share capital

19,043

19,043

Retained earnings

652,710

635,511

SHAREHOLDERS' FUNDS

671,753

654,554

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 20 October 2025 and were signed on its behalf by:

R L A Lee - Director

1.	STATUTORY INFORMATION

How Caple Estate 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.

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.

Freehold property

-

Other

Improvements to property

-

Straight line over 25 years

Plant and machinery

-

20% on cost and 10% on reducing balance

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.

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.

Freehold land and buildings

Freehold land and buildings are stated in the Balance Sheet at cost less depreciation and accumulated housing subsidy. Freehold properties have been depreciated from 1 February 1978 on the basis that at that date all properties had a future useful life of 50 years. Freehold land is not depreciated, but for those properties where there is no practicable division between freehold land and freehold buildings the whole of the cost figure standing in the books has been subjected to depreciation. From 1 April 2005 no depreciation has been charged on land and buildings.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 April 2024

and 31 March 2025

609,959

85,088

173,130

DEPRECIATION

At 1 April 2024

53,555

29,822

134,635

Charge for year

-

5,527

3,896

At 31 March 2025

53,555

35,349

138,531

NET BOOK VALUE

At 31 March 2025

556,404

49,739

34,599

At 31 March 2024

556,404

55,266

38,495

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

59,574

2,687

930,438

DEPRECIATION

At 1 April 2024

52,537

1,924

272,473

Charge for year

1,407

252

11,082

At 31 March 2025

53,944

2,176

283,555

NET BOOK VALUE

At 31 March 2025

5,630

511

646,883

At 31 March 2024

7,037

763

657,965

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

6,243

14,072

Other debtors

3,141

27,897

9,384

41,969

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

AMC loans

-

13,214

Trade creditors

4,225

16,487

Tax

6,496

7,289

Social security and other taxes

2,304

2,127

VAT

2,043

238

Other creditors

4,802

5,985

19,870

45,340

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

AMC Loans due between 2 and 5

years

-

9,846

-

9,846

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

AMC loans

-

23,060

The company had a loan, with a first charge over Brook House and land at Ingestone Foy, Ross on Wye. The details of the loan is as follows:

£150,000 borrowed from AMC on 7 May 2015 for a ten year term at a fixed interest rate of 4.63% per annum.The loan is on a repayment basis and has been repaid in the year.

The company also has an overdraft facility with Lloyds, which is secured by a second charge over land at Ingestone Foy, Ross on Wye.