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Registration number: 09487393

DB Developments Staffordshire Limited
Unaudited Financial Statements
for the Year Ended 31 March 2025

DB Developments Staffordshire Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 6

DB Developments Staffordshire Limited

(Registration number: 09487393)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 44,000 | 44,000
Investment property | 5 | 142,738 | 142,738
|  | 186,738 | 186,738
Current assets |  |  |
Stocks | 6 | 323,645 | 2,315,327
Debtors | 7 | 1,079,330 | 1,164
Cash at bank and in hand |  | 6,978 | 36,890
|  | 1,409,953 | 2,353,381
Creditors: Amounts falling due within one year | 8 | (1,414,895) | (2,618,225)
Net current liabilities |  | (4,942) | (264,844)
Total assets less current liabilities |  | 181,796 | (78,106)
Creditors: Amounts falling due after more than one year | 8 | (2,500) | (12,500)
Net assets/(liabilities) |  | 179,296 | (90,606)
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Retained earnings |  | 179,295 | (90,607)
Shareholders' funds/(deficit) |  | 179,296 | (90,606)

DB Developments Staffordshire Limited

(Registration number: 09487393)
Balance Sheet as at 31 March 2025

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These annual accounts and reports have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the profit and loss accounts has been taken.

Approved and authorised by the director on 1 December 2025

......................................... Mr SP Beaumont Director

DB Developments Staffordshire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Drayton Beaumont Building
Merrial Street
Newcastle-Under-Lyme
Staffordshire
ST5 2AE
UK

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention. These financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis. The company meets its day to day working capital requirements through funds provided by the directors. The directors consider that these facilities will continue to be made available to the company. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments which would result if the going concern basis were not appropriate.

DB Developments Staffordshire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of property in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Land | not depreciated

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

DB Developments Staffordshire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4 | Tangible assets

| Land £ | Total £
Cost or valuation
At 1 April 2024 | 44,000 | 44,000
At 31 March 2025 | 44,000 | 44,000
Depreciation
Carrying amount
At 31 March 2025 | 44,000 | 44,000
At 31 March 2024 | 44,000 | 44,000

5 | Investment properties

| 2025 £
At 1 April | 142,738
At 31 March | 142,738

There has been no valuation of investment property by an independent valuer.

6 | Stocks

| 2025 £ | 2024 £
Work in progress | 323,645 | 2,315,327

DB Developments Staffordshire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7 | Debtors

Current | Note | 2025 £ | 2024 £
Amounts owed by related parties |  | 1,078,025 | -
Other debtors |  | 1,305 | 1,164
|  | 1,079,330 | 1,164

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 10,000 | 1,250,000
Trade creditors |  | - | 476,949
Amounts owed to related parties |  | 1,347,485 | 862,000
Taxation and social security |  | 28,034 | -
Other creditors |  | 29,376 | 29,276
|  | 1,414,895 | 2,618,225

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 2,500 | 12,500

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 10,000 | 10,000
Other borrowings | - | 1,240,000
| 10,000 | 1,250,000