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REGISTERED NUMBER: 05663272 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2025

for

The Development Partnership Limited

The Development Partnership Limited (Registered number: 05663272)






Contents of the Financial Statements
for the Year Ended 31st March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Development Partnership Limited

Company Information
for the Year Ended 31st March 2025







DIRECTOR: Mrs J Duncan





SECRETARY: Mr C Duncan





REGISTERED OFFICE: Bayspace
153 Mortimer Street
Herne Bay
Kent
CT6 5HA





REGISTERED NUMBER: 05663272 (England and Wales)





ACCOUNTANTS: CWW Accountants
153 Mortimer Street
Herne Bay
Kent
CT6 5HA

The Development Partnership Limited (Registered number: 05663272)

Balance Sheet
31st March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - 8,000
Tangible assets 5 1,452 1,936
1,452 9,936

CURRENT ASSETS
Debtors 6 1,656 9,930
Cash at bank and in hand 79,801 23,907
81,457 33,837
CREDITORS
Amounts falling due within one year 7 29,827 11,261
NET CURRENT ASSETS 51,630 22,576
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,082

32,512

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 52,882 32,312
SHAREHOLDERS' FUNDS 53,082 32,512

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 16th July 2025 and were signed by:





Mrs J Duncan - Director


The Development Partnership Limited (Registered number: 05663272)

Notes to the Financial Statements
for the Year Ended 31st March 2025

1. STATUTORY INFORMATION

The Development Partnership 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 25% 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.

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 1 (2024 - 1 ) .

The Development Partnership Limited (Registered number: 05663272)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2024
and 31st March 2025 80,000
AMORTISATION
At 1st April 2024 72,000
Charge for year 8,000
At 31st March 2025 80,000
NET BOOK VALUE
At 31st March 2025 -
At 31st March 2024 8,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2024
and 31st March 2025 8,299
DEPRECIATION
At 1st April 2024 6,363
Charge for year 484
At 31st March 2025 6,847
NET BOOK VALUE
At 31st March 2025 1,452
At 31st March 2024 1,936

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 1,656 9,930

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 7,987 2,038
Taxation and social security 19,113 6,426
Other creditors 2,727 2,797
29,827 11,261

8. RELATED PARTY DISCLOSURES

The company was under the control of its director J Duncan