REGISTERED NUMBER: 10887253 (England and Wales)

DRUIDSTONE DEVELOPMENTS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr. R G Hesp

Miss D M M Wilson

REGISTERED OFFICE:

Little Maes Y Crochan

Druidstone Road

Old St Mellons

Cardiff

CF3 6XE

REGISTERED NUMBER:

10887253 (England and Wales)

ACCOUNTANTS:

Carston ETL

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Tangible assets

4

2,023

1,102

CURRENT ASSETS

Debtors

5

28,467

37,652

Cash at bank

15,963

2,022

44,430

39,674

CREDITORS

Amounts falling due within one year

6

64,077

47,552

NET CURRENT LIABILITIES

(19,647

)

(7,878

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(17,624

)

(6,776

)

CREDITORS

Amounts falling due after more than one year

7

16,280

26,929

NET LIABILITIES

(33,904

)

(33,705

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(34,004

)

(33,805

)

SHAREHOLDERS' FUNDS

(33,904

)

(33,705

)

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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16th September 2025 and were signed on its behalf by:

Mr. R G Hesp - Director

1.	STATUTORY INFORMATION

Druidstone Developments 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.

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.

Computer equipment

-

25% straight line on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st January 2024

4,478

Additions

1,782

At 31st December 2024

6,260

DEPRECIATION

At 1st January 2024

3,376

Charge for year

861

At 31st December 2024

4,237

NET BOOK VALUE

At 31st December 2024

2,023

At 31st December 2023

1,102

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

-

25,000

Other debtors

28,467

12,652

28,467

37,652

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

6,588

1,812

Other creditors

57,489

45,740

64,077

47,552

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

16,280

26,929

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100