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Registered number: 01621511

Exbury Developments Limited

ACCOUNTS
FOR THE 487 DAY PERIOD ENDED 31/12/2023

Prepared By:
Keith Maslen Associates Limited
187 Hawthorn Crescent
Portsmouth
Hampshire
PO6 2TJ

Exbury Developments Limited

ACCOUNTS
FOR THE 487 DAY PERIOD ENDED 31/12/2023
DIRECTOR
P G Ancell
REGISTERED OFFICE
Herons Wood, Lockhams Road
Curdridge
Southampton
Hampshire
SO32 2BD
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01621511
ACCOUNTANTS
Keith Maslen Associates Limited
187 Hawthorn Crescent
Portsmouth
Hampshire
PO6 2TJ

Exbury Developments Limited

ACCOUNTS
FOR THE487 DAY PERIODENDED 31/12/2023
CONTENTS
Page
Director's Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Exbury Developments Limited

BALANCE SHEET AT 31/12/2023
20232022
Notes££
FIXED ASSETS
Tangible assets3920,677920,778
CURRENT ASSETS
Stock84,29684,296
Debtors5451,531421,705
Cash at bank20,74912,122
556,576518,123
CREDITORS: Amounts falling due within one year696,46390,593
NET CURRENT ASSETS460,113427,530
TOTAL ASSETS LESS CURRENT LIABILITIES1,380,7901,348,308
CREDITORS: Amounts falling due after more than one year7275,375286,268
NET ASSETS1,105,4151,062,040
CAPITAL AND RESERVES
Called up share capital810,00010,000
Revaluation reserve1d,9734,842734,842
Profit and loss account360,573317,198
SHAREHOLDERS' FUNDS1,105,4151,062,040
For the period ending 31/12/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 18/09/2024 and signed on their behalf by
P G Ancell
Director

Exbury Developments Limited

NOTES TO THE ACCOUNTS
FOR THE 487 DAY PERIOD ENDED 31/12/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 10%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 9).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.
1e.
2. EMPLOYEES
20232022
No.No.
Average number of employees11

Exbury Developments Limited

3. TANGIBLE FIXED ASSETS
Land And
BuildingsEquipmentTotal
£££
Cost or valuation
At 01/09/2022920,00020,167940,167
At 31/12/2023920,00020,167940,167
Depreciation
At 01/09/2022-19,38919,389
For the 487 day period-101101
At 31/12/2023-19,49019,490
Net Book Amounts
At 31/12/2023920,000677920,677
At 31/08/2022920,000778920,778
Land and Buildings comprises freehold property which was revalued in 2016 by £734,842 from an original cost of £185,158.
4. STOCK 20232022
££
Stock comprises:
Stock84,29684,296
84,29684,296
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors-185
Amounts due from group companies449,743419,743
Prepayments and accrued income1,7881,777
451,531421,705

Exbury Developments Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax11,6325,945
Directors current account304304
Bank loan (secured)8,0137,000
Loan75,00075,000
Trade creditors-544
Accruals1,5141,800
96,46390,593
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loan (secured) >1yr275,375286,268
275,375286,268
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
1,000,000 Ordinary shares of £0.01 each10,00010,000
10,00010,000
9. REVALUATION RESERVE 20232022
££
Revaluation reserve734,842734,842
734,842734,842