Henry Davidson Developments (Holdings) Limited

	Page
Directors' Report	1
Consolidated Profit and Loss Account	2
Consolidated Balance Sheet	3
Company Balance Sheet	4
Notes to the Financial Statements	5—8

The directors present their report and the financial statements for the year ended 31 December 2024.

Directors

The directors who held office during the year were as follows:

Mr Marghub Shaikh

Mr Scott Davidson

Mr Richard Croft

Mr Peter Wood

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company and group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

On behalf of the board

Mr Scott Davidson

Director

27th August 2025

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Henry Davidson Developments (Holdings) Limited

Consolidated Profit and Loss Account

For The Year Ended 31 December 2024

Consolidated Profit and Loss Account

		2024	2023
	Notes	£	£
TURNOVER		4,380,630	855,417
Cost of sales		(3,264,729 )	(14,081 )

GROSS PROFIT		1,115,901	841,336

Administrative expenses		(1,116,673 )	(1,081,010 )

OPERATING LOSS		(772 )	(239,674 )
Other interest receivable and similar income		985	-
Interest payable and similar charges		(16 )	-

PROFIT/(LOSS) BEFORE TAXATION		197	(239,674 )
Tax on Profit/(loss)		-	41,473

PROFIT/(LOSS) AFTER TAXATION BEING PROFIT/(LOSS) FOR THE FINANCIAL YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT		197	(198,201 )

The notes on pages 5 to 8 form part of these financial statements.

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Henry Davidson Developments (Holdings) Limited

Consolidated Balance Sheet

As At 31 December 2024

Consolidated Balance Sheet

Registered number: 10496296

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Stocks	6	3,317,382		3,541,227
Debtors	7	4,842,743		891,584
Cash at bank and in hand		1,544,704		2,574,150

		9,704,829		7,006,961
Creditors: Amounts Falling Due Within One Year	8	(8,588,005 )		(5,890,334 )

NET CURRENT ASSETS (LIABILITIES)			1,116,824		1,116,627

TOTAL ASSETS LESS CURRENT LIABILITIES			1,116,824		1,116,627

NET ASSETS			1,116,824		1,116,627

CAPITAL AND RESERVES
Called up share capital	9		20,000		20,000
Share premium account			435,000		435,000
Profit and Loss Account			661,824		661,627

SHAREHOLDERS' FUNDS			1,116,824		1,116,627

For the year ending 31 December 2024 the company was entitled to exemption from audit 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 directors acknowledge their 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.

On behalf of the board

Mr Scott Davidson

Director

27th August 2025

The notes on pages 5 to 8 form part of these financial statements.

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Henry Davidson Developments (Holdings) Limited

Company Balance Sheet

As At 31 December 2024

Company Balance Sheet

Registered number: 10496296

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Fixed Asset Investments	5		9,900		9,900

			9,900		9,900
CURRENT ASSETS
Debtors	7	319,020		449,201
Cash at bank and in hand		92,531		262,153

		411,551		711,354
Creditors: Amounts Falling Due Within One Year	8	(183,663 )		(87,394 )

NET CURRENT ASSETS (LIABILITIES)			227,888		623,960

TOTAL ASSETS LESS CURRENT LIABILITIES			237,788		633,860

NET ASSETS			237,788		633,860

CAPITAL AND RESERVES
Called up share capital	9		20,000		20,000
Share premium account			435,000		435,000
Profit and Loss Account			(217,212 )		178,860

SHAREHOLDERS' FUNDS			237,788		633,860

In accordance with section 408(3) of the Companies Act 2006, the company has not presented its own profit and loss account and the related notes. The company's (loss)/profit for the year was £(396,072 ) (2023: £ 12,871 profit).

For the year ending 31 December 2024 the company was entitled to exemption from audit 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 directors acknowledge their 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Scott Davidson

Director

27th August 2025

The notes on pages 5 to 8 form part of these financial statements.

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Henry Davidson Developments (Holdings) Limited

Notes to the Financial Statements

For The Year Ended 31 December 2024

Notes to the Financial Statements

1. General Information

Henry Davidson Developments (Holdings) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10496296 . The registered office is Pavilion House, 14 16 Bridgford Road, Nottingham, NG2 6AB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Basis Of Consolidation

The group consolidated financial statements include the financial statements of the company and all of its subsidiary undertakings together with the group’s share of the results of associates made up to 31 December 2024.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services and is reduced for estimated rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill represents the excess of the cost of a business combination over the fair value of the group’s share of the identifiable net assets, liabilities and contingent liabilities acquired.

Goodwill arising on the acquisition of subsidiaries is included in Intangible Assets. Goodwill arising on the acquisition of associates and joint ventures is included in the related equity accounted investment value.

Goodwill is amortised over its expected useful life which is estimated to be 5 years.

Goodwill is assessed for impairment when there are indicators of impairment and any impairment is charged to the profit and loss account. No reversals of impairment are recognised.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The group's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Henry Davidson Developments (Holdings) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Group

Average number of employees, including directors, during the year was: 5 (2023: 6)

Company

Average number of employees, including directors, during the year was: 5 (2023: 6)

4. Intangible Assets

Group

	Goodwill
	£
Cost
As at 1 January 2024	32,484

As at 31 December 2024	32,484

Amortisation
As at 1 January 2024	32,484

As at 31 December 2024	32,484

Net Book Value
As at 31 December 2024	-

As at 1 January 2024	-

Company

The company had no intangible fixed assets as at 31 December 2024 or 31 December 2023.

5. Fixed Asset Investments

Company

	Unlisted
	£
Cost
As at 1 January 2024	9,900

As at 31 December 2024	9,900

Provision
As at 1 January 2024	-

As at 31 December 2024	-

...CONTINUED

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Henry Davidson Developments (Holdings) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	9,900

As at 1 January 2024	9,900

Fixed asset investments consist of shares held in the following group companies.

Henry Davidson Developments Limited

Registered office Pavillion House, Bridgford Road, West Bridgford, NG2 6AB.

Nature of business: Property development.