REGISTERED NUMBER: 02270234 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

HAVEN DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K Smith

Mrs L S Smith

SECRETARY:

Mrs L S Smith

REGISTERED OFFICE:

Fairhaven

Gipsy Lane

Knebworth

Hertfordshire

SG3 6DJ

REGISTERED NUMBER:

02270234 (England and Wales)

ACCOUNTANTS:

Stoten Gillam Limited

Chartered Accountants

Alban House

99 High Street South

Dunstable

Bedfordshire

LU6 3SF

FIXED ASSETS

Property, plant and equipment

3

8,844

9,843

Investments

4

360

360

9,204

10,203

CURRENT ASSETS

Debtors

5

139,200

119,397

Cash at bank

5,588

21,466

144,788

140,863

CREDITORS

Amounts falling due within one year

6

289,158

248,376

NET CURRENT LIABILITIES

(144,370

)

(107,513

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(135,166

)

(97,310

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(135,266

)

(97,410

)

SHAREHOLDERS' FUNDS

(135,166

)

(97,310

)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 December 2025 and were signed on its behalf by:

Mr K Smith - Director

1.	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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost, 25% on cost and 20% on cost

Investments in associates

Investments in associate undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.	EMPLOYEES AND DIRECTORS

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

3.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 April 2024

71,754

Additions

2,287

At 31 March 2025

74,041

DEPRECIATION

At 1 April 2024

61,911

Charge for year

3,286

At 31 March 2025

65,197

NET BOOK VALUE

At 31 March 2025

8,844

At 31 March 2024

9,843

4.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 April 2024

and 31 March 2025

360

NET BOOK VALUE

At 31 March 2025

360

At 31 March 2024

360

The fixed asset unlisted investments comprise shareholdings in the following companies all of which are incorporated in England and Wales:

Cost

% shares held

£

Westhaven Estates Limited

36

360

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

11,000

11,000

Amounts recoverable on contract

18,333

18,333

Other debtors

2,913

2,505

32,246

31,838

Amounts falling due after more than one year:

Amounts recoverable on contract

106,954

87,559

Aggregate amounts

139,200

119,397

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,226

1,213

Other creditors

287,932

247,163

289,158

248,376