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REGISTERED NUMBER: 11053502 (England and Wales)

| South Lincolnshire Developments Limited |

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

South Lincolnshire Developments Limited (Registered number: 11053502)

Contents of the Financial Statements

for the Year Ended 31 March 2025

| Page |

Company information | 1 |

Chartered accountants' report | 2 |

Statement of financial position | 3 |

Notes to the financial statements | 4 |  | to |  | 5

South Lincolnshire Developments Limited

Company Information

for the Year Ended 31 March 2025

| Directors: | Mr M J Congreve

| Mr A J Finch

| Registered office: | Bank House

| Broad street

| Spalding

| Lincolnshire

| PE11 1TB

| Business address: | 106 Carrington Road

| Moulton Marsh

| Spalding

| Lincolnshire

| PE12 6LS

| Registered number: | 11053502 (England and Wales)

| Accountants: | Moore Thompson

| Bank House

| Broad Street

| Spalding

| Lincolnshire

| PE11 1TB

Chartered Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

South Lincolnshire Developments Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of South Lincolnshire Developments Limited for the year ended 31 March 2025 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of South Lincolnshire Developments Limited, as a body, in accordance with the terms of our engagement letter dated 18 July 2019. Our work has been undertaken solely to prepare for your approval the financial statements of South Lincolnshire Developments Limited and state those matters that we have agreed to state to the Board of Directors of South Lincolnshire Developments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than South Lincolnshire Developments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that South Lincolnshire Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of South Lincolnshire Developments Limited. You consider that South Lincolnshire Developments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of South Lincolnshire Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Thompson

Bank House

Broad Street

Spalding

Lincolnshire

PE11 1TB

30 September 2025

South Lincolnshire Developments Limited (Registered number: 11053502)

Statement of Financial Position

31 March 2025

| 2025 |  | 2024

| Notes | £ | £ |

Current assets

Stocks | 248,679 |  | 874,631 |  |

Debtors | 5 | 5,181 |  | 58 |  |

Cash at bank | 1,143,195 |  | 40,947 |  |

1,397,055 |  | 915,636 |  |

Creditors

Amounts falling due within one year | 6 | 578,553 |  | 417,690 |  |

Net current assets | 818,502 |  | 497,946 |  |

Total assets less current liabilities | 818,502 |  | 497,946 |  |

Capital and reserves

Called up share capital | 7 | 2 |  | 2 |  |

Retained earnings | 818,500 |  | 497,944 |  |

Shareholders' funds | 818,502 |  | 497,946 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 30 September 2025 and were signed on its behalf by:

Mr M J Congreve - Director

Mr A J Finch - Director

South Lincolnshire Developments Limited (Registered number: 11053502)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | Statutory information

| South Lincolnshire 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | Statement of compliance

| 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.

3. | Accounting policies

| Basis of preparing the financial statements

| 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.

| Stocks

| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

| 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.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

South Lincolnshire Developments Limited (Registered number: 11053502)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

3. | Accounting policies - continued

| Provisions

| Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

| Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

4. | Employees and directors

| The average number of employees during the year was NIL (2024 - NIL).

5. | Debtors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| VAT | 5,181 |  | 58 |  |

6. | Creditors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Trade creditors | 96,535 |  | 26,663 |  |

| Corporation tax | 106,801 |  | 37,013 |  |

| Social security and other taxes | 262 |  | 64 |  |

| Directors' current accounts | 327,060 |  | 348,436 |  |

| Accruals and deferred income | 47,895 |  | 5,514 |  |

578,553 |  | 417,690 |  |

| The company's bank borrowings above are secured by a first legal charge and first floating charge over the company's property and assets, and by personal guarantees by the directors.

7. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1 | Ordinary A shares | £1 | 1 |  | 1 |  |

| 1 | Ordinary B shares | £1 | 1 |  | 1 |  |

2 |  | 2 |  |