Donald Moody Investments & Dev. Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 01066899 (England and Wales)

DONALD MOODY INVESTMENTS

AND DEVELOPMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

1

4,335

Investments

5

19,854,822

17,126,942

19,854,823

17,131,277

CURRENT ASSETS

Debtors

6

5,141,527

8,015,455

Cash at bank

4,608,408

1,160,633

9,749,935

9,176,088

CREDITORS

Amounts falling due within one year

7

2,094,478

761,096

NET CURRENT ASSETS

7,655,457

8,414,992

TOTAL ASSETS LESS CURRENT LIABILITIES

27,510,280

25,546,269

CREDITORS

Amounts falling due after more than one
year

8

(1,085,720

)

-

PROVISIONS FOR LIABILITIES

(1,943,000

)

(1,943,000

)

NET ASSETS

24,481,560

23,603,269

CAPITAL AND RESERVES

Called up share capital

200

Retained earnings

24,481,360

23,603,069

24,481,560

23,603,269

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 director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 December 2025 and were signed by:

B H Ivey - Director

1.	STATUTORY INFORMATION

Donald Moody Investments and Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01066899

Registered office:

The Old Dairy

Radley Green Farm

Radley Green Road

Ingatestone

Essex

CM4 0LU

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.

Preparation of consolidated financial statements

The company is a parent subject to the small companies regime. The company and its subsidiary comprise a small group. The company is therefore not required to and has not chosen to prepare group accounts

Rental income

This comprises the value of rent receivable on investment properties in the normal course of business.

Tangible fixed assets

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

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

Investments in subsidiaries

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. 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.

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.

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.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Joint arrangement

The company has entered into an agreement with other Moody family companies and investors known as the Moody Joint Venture. In practise this is a joint arrangement designed to pool resources for property investments, and as such is an extension of the company's own trade. The Moody Joint Venture does not constitute a separate trading entity and therefore the company has accounted for its own share of the assets, liabilities and cash flows in the joint arrangement on a direct basis.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 April 2024

26,100

3,778

29,878

Disposals

(26,100

)

-

(26,100

)

At 31 March 2025

-

3,778

DEPRECIATION

At 1 April 2024

21,766

3,777

25,543

Charge for year

2,383

-

2,383

Eliminated on disposal

(24,149

)

-

(24,149

)

At 31 March 2025

-

3,777

NET BOOK VALUE

At 31 March 2025

-

1

At 31 March 2024

4,334

1

4,335

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

COST

At 1 April 2024

1,000

17,125,942

17,126,942

Additions

2,727,880

-

2,727,880

At 31 March 2025

2,728,880

17,125,942

19,854,822

NET BOOK VALUE

At 31 March 2025

2,728,880

17,125,942

19,854,822

At 31 March 2024

1,000

17,125,942

17,126,942

Historical cost

At 1 April 2023

1,000

9,353,943

At 31 March 2024

2,728,880

9,353,943

The company owns the entire share capital of Radley Green Farm Limited, which acts as a farming and property investment company. At 31 March 2025 the aggregate of the share capital and reserves of the company amounted to £3,341,251 and the loss for the period was £191,003.

On the 28th October 2024, the entire share capital of Moody Investments Limited were purchased at which point it became a wholly owned subsidiary. At 31 March 2025 the aggregate of the share capital and reserves of the company amounted to £2,791,896 and the profit for the period was £40,173.

The directors have a policy of revaluing the investment properties regularly, and a full professional valuation was undertaken in June 2024 by Fenn Wright.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

258,147

239,148

Amounts owed by group undertakings

1,915,712

1,948,354

Other debtors

2,967,668

5,827,953

5,141,527

8,015,455

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

25,383

6,641

Amounts owed to group undertakings

220,779

-

Corporation tax

114,524

170,299

Social security and other taxes

4,254

3,158

VAT

24,000

7,670

Other creditors

1,705,538

573,328

2,094,478

761,096

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Other creditors

1,085,720

-

9.	RELATED PARTY DISCLOSURES

At 31 March 2025 the company had advanced an interest free loan to its wholly owned subsidiary, Radley Green Farm Limited, of £1,915,712 (2024: £1,948,354).

As at 31 March 2025, the company had an advance of £220,779 from its wholly owned subsidiary, Moody Investments Limited (2024: £nil). The loan is interest free.

The company received rental income of £65,120 (2024: £48,260) from Moody Joint Venture, a partnership in which A. E. Moody has an interest.

10.	ULTIMATE CONTROLLING PARTY

The directors consider that the controlling party is D. A. Moody 1986 Accumulation Settlement for A. E. Moody.