IRIS Accounts Production v24.3.2.46 08856663 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh088566632023-01-31088566632024-01-31088566632023-02-012024-01-31088566632022-01-31088566632022-02-012023-01-31088566632023-01-3108856663ns15:EnglandWales2023-02-012024-01-3108856663ns14:PoundSterling2023-02-012024-01-3108856663ns10:Director12023-02-012024-01-3108856663ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3108856663ns10:SmallEntities2023-02-012024-01-3108856663ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3108856663ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3108856663ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3108856663ns10:FullAccounts2023-02-012024-01-3108856663ns10:Director22023-02-012024-01-3108856663ns10:RegisteredOffice2023-02-012024-01-3108856663ns5:CurrentFinancialInstruments2024-01-3108856663ns5:CurrentFinancialInstruments2023-01-3108856663ns5:Non-currentFinancialInstruments2024-01-3108856663ns5:Non-currentFinancialInstruments2023-01-3108856663ns5:ShareCapital2024-01-3108856663ns5:ShareCapital2023-01-3108856663ns5:SharePremium2024-01-3108856663ns5:SharePremium2023-01-3108856663ns5:RevaluationReserve2024-01-3108856663ns5:RevaluationReserve2023-01-3108856663ns5:RetainedEarningsAccumulatedLosses2024-01-3108856663ns5:RetainedEarningsAccumulatedLosses2023-01-3108856663ns5:PlantMachinery2023-02-012024-01-3108856663ns5:FurnitureFittings2023-02-012024-01-3108856663ns5:MotorVehicles2023-02-012024-01-3108856663ns5:ShortLeaseholdAssetsns5:LandBuildings2023-01-3108856663ns5:PlantMachinery2023-01-3108856663ns5:FurnitureFittings2023-01-3108856663ns5:ShortLeaseholdAssetsns5:LandBuildings2023-02-012024-01-3108856663ns5:ShortLeaseholdAssetsns5:LandBuildings2024-01-3108856663ns5:PlantMachinery2024-01-3108856663ns5:FurnitureFittings2024-01-3108856663ns5:ShortLeaseholdAssetsns5:LandBuildings2023-01-3108856663ns5:PlantMachinery2023-01-3108856663ns5:FurnitureFittings2023-01-3108856663ns5:MotorVehicles2023-01-3108856663ns5:ComputerEquipment2023-01-3108856663ns5:ComputerEquipment2023-02-012024-01-3108856663ns5:MotorVehicles2024-01-3108856663ns5:ComputerEquipment2024-01-3108856663ns5:MotorVehicles2023-01-3108856663ns5:ComputerEquipment2023-01-3108856663ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3108856663ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3108856663ns5:RevaluationReserve2023-01-31
REGISTERED NUMBER: 08856663 (England and Wales)













SINGLETON PARK DEVELOPMENTS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






SINGLETON PARK DEVELOPMENTS LTD (REGISTERED NUMBER: 08856663)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SINGLETON PARK DEVELOPMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: K E Jones
D R B Jones





REGISTERED OFFICE: Heritage House Park Place
Clifton
Bristol
BS8 1JW





REGISTERED NUMBER: 08856663 (England and Wales)





ACCOUNTANTS: Carr, Jenkins & Hood
3 New Mill Court
Enterprise Park
Swansea
SA7 9FG

SINGLETON PARK DEVELOPMENTS LTD (REGISTERED NUMBER: 08856663)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,471,704 15,648,088

CURRENT ASSETS
Debtors 5 772,931 312,536
Cash at bank 22,239 9,648
795,170 322,184
CREDITORS
Amounts falling due within one year 6 1,516,099 328,677
NET CURRENT LIABILITIES (720,929 ) (6,493 )
TOTAL ASSETS LESS CURRENT LIABILITIES 15,750,775 15,641,595

CREDITORS
Amounts falling due after more than one
year

7

9,203,281

9,952,798
NET ASSETS 6,547,494 5,688,797

CAPITAL AND RESERVES
Called up share capital 4 4
Share premium 5,367,074 4,597,074
Revaluation reserve 8 702,895 702,895
Retained earnings 477,521 388,824
6,547,494 5,688,797

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

SINGLETON PARK DEVELOPMENTS LTD (REGISTERED NUMBER: 08856663)

BALANCE SHEET - continued
31 JANUARY 2024


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 5 February 2025 and were signed on its behalf by:





D R B Jones - Director


SINGLETON PARK DEVELOPMENTS LTD (REGISTERED NUMBER: 08856663)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Singleton Park Developments Ltd 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.
Plant and machinery - 15% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 20% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

SINGLETON PARK DEVELOPMENTS LTD (REGISTERED NUMBER: 08856663)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Investment Plant and and
property machinery fittings
£    £    £   
COST
At 1 February 2023 15,593,536 1,735 62,689
Additions 770,500 - 10,968
At 31 January 2024 16,364,036 1,735 73,657
DEPRECIATION
At 1 February 2023 - 651 23,684
Charge for year - 217 11,048
At 31 January 2024 - 868 34,732
NET BOOK VALUE
At 31 January 2024 16,364,036 867 38,925
At 31 January 2023 15,593,536 1,084 39,005

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2023 18,845 9,862 15,686,667
Additions 69,745 1,407 852,620
At 31 January 2024 88,590 11,269 16,539,287
DEPRECIATION
At 1 February 2023 11,162 3,082 38,579
Charge for year 15,485 2,254 29,004
At 31 January 2024 26,647 5,336 67,583
NET BOOK VALUE
At 31 January 2024 61,943 5,933 16,471,704
At 31 January 2023 7,683 6,780 15,648,088

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 158,781 175,392
Other debtors 614,150 137,144
772,931 312,536

SINGLETON PARK DEVELOPMENTS LTD (REGISTERED NUMBER: 08856663)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 74,677 109,065
Hire purchase contracts 7,241 -
Trade creditors 2 -
Amounts owed to group undertakings 1,375,425 158,805
Taxation and social security 42,797 43,114
Other creditors 15,957 17,693
1,516,099 328,677

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 9,192,712 8,798,178
Hire purchase contracts 10,569 -
Other creditors - 1,154,620
9,203,281 9,952,798

8. RESERVES
Revaluation
reserve
£   
At 1 February 2023
and 31 January 2024 702,895