01621511 false Property trading 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/2023-12-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2023-12-31 http://www.companieshouse.gov.uk/cd:Director1 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-12-31 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2023-12-31 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2024-12-31 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-12-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2023-12-31 http://www.companieshouse.gov.uk/2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/2023-12-31 http://www.companieshouse.gov.uk/cd:FRS102 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/2024-12-31 http://www.companieshouse.gov.uk/cd:FullAccounts 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/pt:LandBuildings 2023-12-31 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/pt:LandBuildings 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 01621511
Exbury Developments Limited
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
Prepared By:
Keith Maslen Associates Limited
187 Hawthorn Crescent
Portsmouth
Hampshire
PO6 2TJ

Exbury Developments Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
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 THE YEAR ENDED 31/12/2024
CONTENTS |  |
|  | Page
Director's Report |  | -
Accountants' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
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 31/12/2024
|  |  |  |  |  | 2024 |  |  |  | 2023
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  | 3 |  |  |  | 920,609 |  |  |  | 920,677
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Stock |  |  |  | 84,296 |  |  |  | 84,296 |  |
Debtors |  | 5 |  | 476,146 |  |  |  | 451,531 |  |
Cash at bank and in hand |  |  |  | 21,246 |  |  |  | 20,749 |  |
|  |  |  | 581,688 |  |  |  | 556,576 |  |
CREDITORS: Amounts falling due within one year |  | 6 |  | 96,277 |  |  |  | 96,463 |  |
NET CURRENT ASSETS |  |  |  |  |  | 485,411 |  |  |  | 460,113
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 1,406,020 |  |  |  | 1,380,790
CREDITORS: Amounts falling due after more than one year |  | 7 |  |  |  | 266,188 |  |  |  | 275,375
NET ASSETS |  |  |  |  |  | 1,139,832 |  |  |  | 1,105,415
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 8 |  |  |  | 10,000 |  |  |  | 10,000
Revaluation reserve |  | 1d,9 |  |  |  | 734,842 |  |  |  | 734,842
Profit and loss account |  |  |  |  |  | 394,990 |  |  |  | 360,573
SHAREHOLDERS' FUNDS |  |  |  |  |  | 1,139,832 |  |  |  | 1,105,415
For the year ending 31/12/2024 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 01/09/2025 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
P G Ancell |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

Exbury Developments Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024

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.
Equipment |  | reducing 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 |  |  |  |  |  |
|  |  |  | 2024 |  | 2023
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 1 |  | 1

Exbury Developments Limited

3. TANGIBLE FIXED ASSETS |  |  |  |  |  |
|  | Land And |  |  |  |
|  | Buildings |  | Equipment |  | Total
|  | £ |  | £ |  | £
Cost |  |  |  |  |  |
At 01/01/2024 |  | 920,000 |  | 20,167 |  | 940,167
At 31/12/2024 |  | 920,000 |  | 20,167 |  | 940,167
Depreciation |  |  |  |  |  |
At 01/01/2024 |  | - |  | 19,490 |  | 19,490
For the year |  | - |  | 68 |  | 68
At 31/12/2024 |  | - |  | 19,558 |  | 19,558
Net Book Amounts |  |  |  |  |  |
At 31/12/2024 |  | 920,000 |  | 609 |  | 920,609
At 31/12/2023 |  | 920,000 |  | 677 |  | 920,677
Land and Buildings comprises a freehold property which was revalued in 2016 by £734,842 from an original cost of £185,158. |  |  |  |  |  |

4. STOCK |  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Stock comprises: |  |  |  |  |  |
Stock |  |  |  | 84,296 |  | 84,296
|  |  |  | 84,296 |  | 84,296

5. DEBTORS |  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Amounts due from group companies |  |  |  | 474,812 |  | 449,743
Prepayments and accrued income |  |  |  | 1,334 |  | 1,788
|  |  |  | 476,146 |  | 451,531

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Corporation tax |  |  |  | 10,733 |  | 11,632
Directors current account |  |  |  | 304 |  | 304
Bank loan (secured) |  |  |  | 8,720 |  | 8,013
Loans |  |  |  | 75,000 |  | 75,000
Accruals |  |  |  | 1,520 |  | 1,514
|  |  |  | 96,277 |  | 96,463

Exbury Developments Limited

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |  |  |  |  |  |
|  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Bank loan (secured) >1yr |  |  |  | 266,188 |  | 275,375
|  |  |  | 266,188 |  | 275,375

8. SHARE CAPITAL |  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
1,000,000 Ordinary shares of £0.01 each |  |  |  | 10,000 |  | 10,000
|  |  |  | 10,000 |  | 10,000

9. REVALUATION RESERVE |  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Revaluation reserve |  |  |  | 734,842 |  | 734,842
|  |  |  | 734,842 |  | 734,842