IRIS Accounts Production v25.4.0.155 09887761 Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 true false true false false true false Fair value model Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 Ordinary E 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 09887761 2024-03-31 09887761 2025-03-31 09887761 2024-04-01 2025-03-31 09887761 2023-03-31 09887761 2023-04-01 2024-03-31 09887761 2024-03-31 09887761 ns15:EnglandWales 2024-04-01 2025-03-31 09887761 ns14:PoundSterling 2024-04-01 2025-03-31 09887761 ns10:Director1 2024-04-01 2025-03-31 09887761 ns10:Director2 2024-04-01 2025-03-31 09887761 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09887761 ns10:SmallEntities 2024-04-01 2025-03-31 09887761 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09887761 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 09887761 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09887761 ns10:FullAccounts 2024-04-01 2025-03-31 09887761 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 09887761 ns10:OrdinaryShareClass2 2024-04-01 2025-03-31 09887761 ns10:OrdinaryShareClass3 2024-04-01 2025-03-31 09887761 ns10:OrdinaryShareClass4 2024-04-01 2025-03-31 09887761 ns10:OrdinaryShareClass5 2024-04-01 2025-03-31 09887761 ns10:RegisteredOffice 2024-04-01 2025-03-31 09887761 ns5:CurrentFinancialInstruments 2025-03-31 09887761 ns5:CurrentFinancialInstruments 2024-03-31 09887761 ns5:Non-currentFinancialInstruments 2025-03-31 09887761 ns5:Non-currentFinancialInstruments 2024-03-31 09887761 ns5:ShareCapital 2025-03-31 09887761 ns5:ShareCapital 2024-03-31 09887761 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 09887761 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 09887761 ns5:CostValuation ns5:UnlistedNon-exchangeTraded 2024-03-31 09887761 ns5:UnlistedNon-exchangeTraded 2025-03-31 09887761 ns5:UnlistedNon-exchangeTraded 2024-03-31 09887761 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 09887761 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 09887761 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-03-31 09887761 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2024-03-31 09887761 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-03-31 09887761 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-03-31 09887761 ns5:Secured 2025-03-31 09887761 ns5:Secured 2024-03-31 09887761 ns10:OrdinaryShareClass1 2025-03-31 09887761 ns10:OrdinaryShareClass2 2025-03-31 09887761 ns10:OrdinaryShareClass3 2025-03-31 09887761 ns10:OrdinaryShareClass4 2025-03-31 09887761 ns10:OrdinaryShareClass5 2025-03-31

REGISTERED NUMBER: 09887761 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SMALLER DEVELOPMENTS LIMITED

SMALLER DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09887761)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

SMALLER DEVELOPMENTS LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | Mr S P Waller

| Mr I R Smith

| REGISTERED OFFICE: | 1 Langley Court

| Pyle Street

| Newport

| Isle of Wight

| PO30 1LA

| REGISTERED NUMBER: | 09887761 (England and Wales)

| ACCOUNTANTS: | Xeinadin Isle of Wight

| 1 Langley Court

| Pyle Street

| Newport

| Isle of Wight

| PO30 1LA

SMALLER DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09887761)

BALANCE SHEET

31 MARCH 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

FIXED ASSETS

Investments | 4 | 286,695 |  | 286,695 |  |

Investment property | 5 | 1,625,163 |  | 1,604,650 |  |

1,911,858 |  | 1,891,345 |  |

CURRENT ASSETS

Debtors | 6 | 3,760 |  | 4,212 |  |

Cash at bank and in hand | 58,878 |  | 58,750 |  |

62,638 |  | 62,962 |  |

CREDITORS

Amounts falling due within one year | 7 | 400,376 |  | 510,449 |  |

NET CURRENT LIABILITIES | (337,738 | ) | (447,487 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,574,120 |  | 1,443,858 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 619,950 |  | 728,732 |  |

NET ASSETS | 954,170 |  | 715,126 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 90 |  | 90 |  |

Retained earnings | 954,080 |  | 715,036 |  |

SHAREHOLDERS' FUNDS | 954,170 |  | 715,126 |  |

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.

SMALLER DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09887761)

BALANCE SHEET - continued

31 MARCH 2025

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2025 and were signed on its behalf by:

Mr I R Smith - Director

Mr S P Waller - Director

SMALLER DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09887761)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Smaller 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.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | FIXED ASSET INVESTMENTS

Unlisted |

investments |

| £

| COST

| At 1 April 2024

| and 31 March 2025 | 286,695 |  |

| NET BOOK VALUE

| At 31 March 2025 | 286,695 |  |

| At 31 March 2024 | 286,695 |  |

SMALLER DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09887761)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

5. | INVESTMENT PROPERTY

Total |

| £

| FAIR VALUE

| At 1 April 2024 | 1,604,650 |  |

| Additions | 20,513 |  |

| At 31 March 2025 | 1,625,163 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,625,163 |  |

| At 31 March 2024 | 1,604,650 |  |

| Investment property represents the premises known as Albury House, 310 High Street, Chatham, Kent, 173 High Street, Rainham, Kent, 45 High Street, Eastchurch, Kent, 13 High Street, Sheerness,11 Victory Street, Sheerness, and 83 William Street, Sittingbourne.

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Trade debtors | 2,025 |  | 2,650 |  |

| Prepayments | 1,735 |  | 1,562 |  |

3,760 |  | 4,212 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Bank loans and overdrafts (see note 9) | 16,420 |  | 22,131 |  |

| Trade creditors | 200 |  | 1,897 |  |

| Tax | 29,527 |  | 28,360 |  |

| Directors' current accounts | 352,681 |  | 456,681 |  |

| Accruals & deferred income | 1,548 |  | 1,380 |  |

400,376 |  | 510,449 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

| £ | £

| Bank loans (see note 9) | 75,508 |  | 159,290 |  |

| Amounts owed to participating interests | 544,442 |  | 569,442 |  |

619,950 |  | 728,732 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more than 5 years | 30,911 |  | 86,349 |  |

SMALLER DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09887761)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

9. | LOANS

| An analysis of the maturity of loans is given below:

2025 | 2024 |

| £ | £

| Amounts falling due within one year or on demand:

| Bank loans | 16,420 |  | 22,131 |  |

| Amounts falling due between one and two years:

| Bank loans - 1-2 years | 11,837 |  | 22,131 |  |

| Amounts falling due between two and five years:

| Bank loans - 2-5 years | 32,760 |  | 50,810 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more than 5 years | 30,911 |  | 86,349 |  |

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

| £ | £

| Bank loans | 91,928 |  | 181,421 |  |

| The bank loan is secured by way of a floating charge held over the freehold property, 310 High Street, Chatham.

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

value: |  | £ | £

| 25 | Ordinary A | £1 | 25 |  | 25 |  |

| 25 | Ordinary B | £1 | 25 |  | 25 |  |

| 10 | Ordinary C | £1 | 10 |  | 10 |  |

| 15 | Ordinary D | £1 | 15 |  | 15 |  |

| 15 | Ordinary E | £1 | 15 |  | 15 |  |

90 |  | 90 |  |

12. | ULTIMATE CONTROLLING PARTY

| It is the opinion of the directors that there is no ultimate controlling party, as control is shared between the members equally.