IRIS Accounts Production v24.1.0.578 10712145 Board of Directors 1.5.22 30.4.23 30.4.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh107121452022-04-30107121452023-04-30107121452022-05-012023-04-30107121452021-04-30107121452021-05-012022-04-30107121452022-04-3010712145ns15:EnglandWales2022-05-012023-04-3010712145ns14:PoundSterling2022-05-012023-04-3010712145ns10:Director12022-05-012023-04-3010712145ns10:PrivateLimitedCompanyLtd2022-05-012023-04-3010712145ns10:SmallEntities2022-05-012023-04-3010712145ns10:AuditExempt-NoAccountantsReport2022-05-012023-04-3010712145ns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3010712145ns10:SmallCompaniesRegimeForAccounts2022-05-012023-04-3010712145ns10:FullAccounts2022-05-012023-04-3010712145ns10:Director22022-05-012023-04-3010712145ns10:RegisteredOffice2022-05-012023-04-3010712145ns5:CurrentFinancialInstruments2023-04-3010712145ns5:CurrentFinancialInstruments2022-04-3010712145ns5:Non-currentFinancialInstruments2023-04-3010712145ns5:Non-currentFinancialInstruments2022-04-3010712145ns5:ShareCapital2023-04-3010712145ns5:ShareCapital2022-04-3010712145ns5:RetainedEarningsAccumulatedLosses2023-04-3010712145ns5:RetainedEarningsAccumulatedLosses2022-04-3010712145ns5:ComputerEquipment2022-05-012023-04-3010712145ns5:ComputerEquipment2022-04-3010712145ns5:ComputerEquipment2023-04-3010712145ns5:ComputerEquipment2022-04-3010712145ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3010712145ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-04-3010712145ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-04-3010712145ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2022-04-3010712145ns5:Secured2023-04-3010712145ns5:Secured2022-04-30
REGISTERED NUMBER: 10712145 (England and Wales)

























Unaudited Financial Statements

for the Year Ended 30 April 2023

for

St Davids Developers Limited

St Davids Developers Limited (Registered number: 10712145)






Contents of the Financial Statements
for the year ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


St Davids Developers Limited

Company Information
for the year ended 30 April 2023







DIRECTORS: D P Roberts
Mrs C B L Roberts





REGISTERED OFFICE: St Davids House
St Davids Lane
Denbigh
Denbighshire
LL16 3EP





REGISTERED NUMBER: 10712145 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
14 Grosvenor Court
Foregate Street
Chester
Cheshire
CH1 1HG

St Davids Developers Limited (Registered number: 10712145)

Balance Sheet
30 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 347 694

CURRENT ASSETS
Stocks 375,000 431,871
Debtors 5 16,395 25,172
Cash at bank 28,432 4,405
419,827 461,448
CREDITORS
Amounts falling due within one year 6 623,017 442,403
NET CURRENT (LIABILITIES)/ASSETS (203,190 ) 19,045
TOTAL ASSETS LESS CURRENT LIABILITIES (202,843 ) 19,739

CREDITORS
Amounts falling due after more than one year 7 11,250 15,750
NET (LIABILITIES)/ASSETS (214,093 ) 3,989

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (214,095 ) 3,987
(214,093 ) 3,989

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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 18 April 2024 and were signed on its behalf by:





D P Roberts - Director


St Davids Developers Limited (Registered number: 10712145)

Notes to the Financial Statements
for the year ended 30 April 2023

1. STATUTORY INFORMATION

St Davids Developers 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

St Davids Developers Limited (Registered number: 10712145)

Notes to the Financial Statements - continued
for the year ended 30 April 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 May 2022
and 30 April 2023 1,450
DEPRECIATION
At 1 May 2022 756
Charge for year 347
At 30 April 2023 1,103
NET BOOK VALUE
At 30 April 2023 347
At 30 April 2022 694

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Other debtors 13,735 25,172

Amounts falling due after more than one year:
Other debtors 2,660 -

Aggregate amounts 16,395 25,172

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 158,732 4,500
Taxation and social security - 699
Other creditors 464,285 437,204
623,017 442,403

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 11,250 15,750

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 169,982 20,250

The bank loans are secured by a fixed and floating charge over St David's House which is owned by the directors and plots of land to the south of the house.

St Davids Developers Limited (Registered number: 10712145)

Notes to the Financial Statements - continued
for the year ended 30 April 2023

9. RELATED PARTY DISCLOSURES

Included in other creditors is £462,085 (2022 £435,004) owed to Mr D P Roberts and Mrs C B L Roberts, the directors of the company. This loan is interest free.