Eddison Developments Limited


Directors	Gary Bond
	Deborah Bond


Registered Address	Eddison House
	Cross Lane
	Marlborough
	SN8 1LA


Registered Number	11486994 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investments	3		2,518,000		2,518,000
			2,518,000		2,518,000
Current assets
Debtors	4	159,918		155,098
Cash at bank and on hand		298,225		173,825
		458,143		328,923
Creditors amounts falling due within one year	5	(29,085)		(25,536)
Net current assets (liabilities)			429,058		303,387
Total assets less current liabilities			2,947,058		2,821,387
Creditors amounts falling due after one year	6		(2,443,900)		(2,443,900)
Net assets			503,158		377,487
Capital and reserves
Called up share capital			100		100
Profit and loss account			503,058		377,387
Shareholders' funds			503,158		377,487

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 9 December 2025, and are signed on its behalf by:

Gary Bond
Director
Registered Company No. 11486994

Eddison Developments Limited

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	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).

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Interest income
	Interest income is recognised using the effective interest rate method.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Fixed asset investments
	The investment relates to a joint venture in an LLP where the Company shares 50% of any gains/losses generated. The Company made a loan to said LLP in June 2020 with interest of 4% being payable. The loan was due for repayment in June 2025, but has been renewed for a further three years at an increased interest rate of 5%. The loan is secured by a first legal charge over investment property held by the LLP.

Fixed asset investments

The investment relates to a joint venture in an LLP where the Company shares 50% of any gains/losses generated.

The Company made a loan to said LLP in June 2020 with interest of 4% being payable. The loan was due for repayment in June 2025, but has been renewed for a further three years at an increased interest rate of 5%.  The loan is secured by a first legal charge over investment property held by the LLP.

	Investments in groups¹	Loans to groups²	Total
	£	£	£
Cost or valuation
At 01 April 24	1,518,000	1,000,000	2,518,000
At 31 March 25	1,518,000	1,000,000	2,518,000
Net book value
At 31 March 25	1,518,000	1,000,000	2,518,000
At 31 March 24	1,518,000	1,000,000	2,518,000

	Notes
	¹Investments in group undertakings and participating interests ²Loans to group undertakings and participating interests

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Amounts owed by group undertakings	159,918	155,098
Total	159,918	155,098

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	27,335	24,036
Accrued liabilities and deferred income	1,750	1,500
Total	29,085	25,536


	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.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Amounts owed to related parties	2,443,900	2,443,900
Total	2,443,900	2,443,900

7.	Related party transactions
	Income from participating interests relate to profits received by the Company from an LLP in which it is a member. The partnership agreement states that it shares the profits and losses with other members, with it's share being 50%. Any monies due from the LLP are unsecured and there is no interest payable. At the year end an amount of £159,918 (2024: £155,098) was receivable under this agreement. At the year end, the Company owed the Directors £2,443,900 (2023: £2,443,900). These monies had been advanced on an unsecured, interest free basis and are repayable after more than one year from the year end date.

Related party transactions

Income from participating interests relate to profits received by the Company from an LLP in which it is a member.  The partnership agreement states that it shares the profits and losses with other members, with it's share being 50%.  Any monies due from the LLP are unsecured and there is no interest payable. At the year end an amount of £159,918 (2024: £155,098) was receivable under this agreement.

At the year end, the Company owed the Directors £2,443,900 (2023: £2,443,900). These monies had been advanced on an unsecured, interest free basis and are repayable after more than one year from the year end date.