| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st March 2025 |
| for |
| Pickhill Developments Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st March 2025 |
| for |
| Pickhill Developments Limited |
| Pickhill Developments Limited (Registered number: 00899103) |
| Contents of the Financial Statements |
| for the Year Ended 31st March 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Pickhill Developments Limited |
| Company Information |
| for the Year Ended 31st March 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 1-3 Manor Road |
| Chatham |
| Kent |
| ME4 6AE |
| Pickhill Developments Limited (Registered number: 00899103) |
| Balance Sheet |
| 31st March 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Fair value reserve | 9 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| Pickhill Developments Limited (Registered number: 00899103) |
| Balance Sheet - continued |
| 31st March 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Pickhill Developments Limited (Registered number: 00899103) |
| Notes to the Financial Statements |
| for the Year Ended 31st March 2025 |
| 1. | STATUTORY INFORMATION |
| Pickhill Developments Limited is a |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Tangible fixed assets |
| Motor vehicles | - |
| Equipment | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
| 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. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Pickhill Developments Limited (Registered number: 00899103) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st March 2025 |
| 5. | TANGIBLE FIXED ASSETS |
| Freehold | Motor |
| property | vehicles | Equipment | Totals |
| £ | £ | £ | £ |
| COST OR VALUATION |
| At 1st April 2024 |
| Disposals | ( |
) | ( |
) |
| At 31st March 2025 |
| DEPRECIATION |
| At 1st April 2024 |
| Charge for year |
| At 31st March 2025 |
| NET BOOK VALUE |
| At 31st March 2025 |
| At 31st March 2024 |
| Included in cost or valuation of land and buildings is freehold land of £ 264,000 (2024 - £ 379,922 ) which is not depreciated. |
| Cost or valuation at 31st March 2025 is represented by: |
| Freehold | Motor |
| property | vehicles | Equipment | Totals |
| £ | £ | £ | £ |
| Valuation in 2018 | 179,598 | - | - | 179,598 |
| Valuation in 2020 | 4,126 | - | - | 4,126 |
| Valuation in 2022 | 567,049 | - | - | 567,049 |
| Valuation in 2023 | (120,000 | ) | - | - | (120,000 | ) |
| Valuation in 2024 | (260,794 | ) | - | - | (260,794 | ) |
| Valuation in 2025 | (105,979 | ) | - | - | (105,979 | ) |
| Cost | - | 10,241 | 40,636 | 50,877 |
| 264,000 | 10,241 | 40,636 | 314,877 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other debtors and prepayments |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Corporation tax |
| Taxation and social security | 9,536 | 9,357 |
| Other creditors and accruals |
| Pickhill Developments Limited (Registered number: 00899103) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st March 2025 |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans - 1-2 years |
| Bank loans - 2-5 years |
| 9. | RESERVES |
| Fair |
| value |
| reserve |
| £ |
| At 1st April 2024 |
| Fair value reserve | (46,342 | ) |
| At 31st March 2025 |