| Natural Selection Developments Ltd |
| Registered number: |
12519462 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Current assets |
| Stocks |
|
|
- |
|
|
482,640 |
| Debtors |
3 |
|
16,998 |
|
|
5,687 |
| Cash at bank and in hand |
|
|
4,592 |
|
|
11,460 |
|
|
|
21,590 |
|
|
499,787 |
|
| Creditors: amounts falling due within one year |
4 |
|
(70,295) |
|
|
(505,580) |
|
| Net current liabilities |
|
|
|
(48,705) |
|
|
(5,793) |
|
| Net liabilities |
|
|
|
(48,705) |
|
|
(5,793) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(48,805) |
|
|
(5,893) |
|
| Shareholder's funds |
|
|
|
(48,705) |
|
|
(5,793) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
| Mr J D Lynn-Evans |
| Director |
| Approved by the board on 14 September 2025 |
|
| Natural Selection Developments Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Going Concern |
|
The financial statements have been prepared on the going concern basis. The directors have a reasonable expectation the company has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties that lead to significant doubt upon the company's ability to continue as a going concern. Thus the directors have continued to adopt the going concern basis of accounting in preparing these financial statements. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
15,617 |
|
1,313 |
|
Other debtors |
1,381 |
|
4,374 |
|
|
|
|
|
|
16,998 |
|
5,687 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
9,581 |
|
193 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
59,609 |
|
504,282 |
|
Other creditors |
1,105 |
|
1,105 |
|
|
|
|
|
|
70,295 |
|
505,580 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Related party transactions |
2025 |
|
2024 |
| £ |
£ |
|
Natural Selection Holdings Ltd |
|
Parent company |
|
Amount due to the related party |
59,609 |
|
504,282 |
|
|
|
|
|
|
|
|
|
|
|
Natural Selection Consultancy Services Ltd |
|
Sister company |
|
Amount due from the related party |
(15,617) |
|
(1,313) |
|
|
|
|
|
|
|
|
|
|
| 6 |
Controlling party |
|
|
The company is a wholly owned subsidiary of Natural Selection Holdings Ltd, a company registered in England and Wales. |
|
|
| 7 |
Other information |
|
|
Natural Selection Developments Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Demar House, 14 Church Road |
|
East Wittering |
|
Chichester |
|
West Sussex |
|
PO20 8PS |