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REGISTERED NUMBER: 13159391 (England and Wales)

| BLD DEVELOPMENTS LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 JANUARY 2025 |

BLD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 13159391)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

| Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 3 |  | to |  | 5

BLD DEVELOPMENTS LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JANUARY 2025

| DIRECTORS: | P R Lean

| C R Lean

| REGISTERED OFFICE: | Cotesbach House

| Main Street

| Cotesbach

| Leicestershire

| LE17 4HX

| REGISTERED NUMBER: | 13159391 (England and Wales)

| ACCOUNTANTS: | Duncan & Toplis Limited

| 26 Park Road

| Melton Mowbray

| Leicestershire

| LE13 1TT

BLD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 13159391)

STATEMENT OF FINANCIAL POSITION

31 JANUARY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Entitlements | 4 | - |  | - |  |

Property, plant and equipment | 5 | - |  | 12,389 |  |

- |  | 12,389 |  |

CURRENT ASSETS

Inventories | 925,000 |  | 2,263,686 |  |

Debtors | 6 | 5,966 |  | 90,169 |  |

Cash at bank | 491 |  | 133 |  |

931,457 |  | 2,353,988 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,471,297 |  | 1,810,462 |  |

NET CURRENT (LIABILITIES)/ASSETS | (539,840 | ) | 543,526 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | (539,840 | ) | 555,915 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 546,500 |  | 546,500 |  |

Retained earnings | (1,086,340 | ) | 9,415 |  |

SHAREHOLDERS' FUNDS | (539,840 | ) | 555,915 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 6 January 2026 and were signed on its behalf by:

C R Lean - Director

BLD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 13159391)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

1. | STATUTORY INFORMATION

| BLD Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Revenue

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

| Intangible assets

| Intangible assets consist of entitlements to the basic payment. The entitlements are recognised at fair value and written off on a straight line basis as the scheme ended on 31 December 2019.

| Property, plant and equipment

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

| Improvements to property | - | 2% on cost

| Property, plant and equipment is stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Inventories

| Inventories are stated at the lower of cost and fair value less costs to complete and sell, after making due allowance for obsolete and slow moving stock.

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

| Going concern

| The accounts are prepared on a going concern basis with the support of the directors, financers and creditors.

| Exceptional items

| The inventories have been written down to £925,000, the fair value of the the remaining property. This has resulted in a significant loss in the year as the costs incurred in development were in excess of £2,000,000.

BLD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 13159391)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | INTANGIBLE FIXED ASSETS

| Entitlements

£ |

| COST

| At 1 February 2024 | 4,807 |  |

| Disposals | (4,807 | ) |

| At 31 January 2025 | - |  |

| AMORTISATION

| At 1 February 2024 | 4,807 |  |

| Eliminated on disposal | (4,807 | ) |

| At 31 January 2025 | - |  |

| NET BOOK VALUE

| At 31 January 2025 | - |  |

| At 31 January 2024 | - |  |

5. | PROPERTY, PLANT AND EQUIPMENT

| Plant and

| machinery

| etc

£ |

| COST

| At 1 February 2024 | 12,642 |  |

| Disposals | (12,642 | ) |

| At 31 January 2025 | - |  |

| DEPRECIATION

| At 1 February 2024 | 253 |  |

| Eliminated on disposal | (253 | ) |

| At 31 January 2025 | - |  |

| NET BOOK VALUE

| At 31 January 2025 | - |  |

| At 31 January 2024 | 12,389 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 5,000 |  | - |  |

| Other debtors | 143 |  | 17,380 |  |

| Tax | 823 |  | - |  |

| Prepayments | - |  | 72,789 |  |

5,966 |  | 90,169 |  |

BLD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 13159391)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 1,163,421 |  | 1,385,979 |  |

| Trade creditors | 66,992 |  | 195,442 |  |

| Taxation | - |  | 823 |  |

| Directors' current accounts | 235,809 |  | 223,517 |  |

| Accrued expenses | 5,075 |  | 4,701 |  |

1,471,297 |  | 1,810,462 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary shares | £1 | 100 |  | 100 |  |

| 546,400 | Redeemable preference shares | £1 | 546,400 |  | 546,400 |  |

546,500 |  | 546,500 |  |