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Registration number: 15789036

ITC Property Development Catcott Limited
Annual Report and Unaudited Filleted Financial Statements
for the Period from 19 June 2024 to 31 July 2025

ITC Property Development Catcott Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 4

ITC Property Development Catcott Limited

Company Information

Director | Mr Matthew Dyer

Registered office | Edington Manor Broadway Edington Somerset TA7 9JL

Accountants | Stone & Co Chartered Accountants 2 Charnwood House Marsh Road Ashton Bristol BS3 2NA

ITC Property Development Catcott Limited

(Registration number: 15789036)
Balance Sheet as at 31 July 2025

| Note | 2025 £
Current assets |  |  |
Stocks | 4 |  | 432,931
Creditors: Amounts falling due within one year | 5 |  | (433,791)
Net liabilities |  |  | (860)
Capital and reserves |  |  |
Called up share capital |  | 100 |
Retained earnings |  | (960) |
Shareholders' deficit |  |  | (860)

For the financial period ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 15 January 2026

.........................................

Mr Matthew Dyer
Director

ITC Property Development Catcott Limited

Notes to the Unaudited Financial Statements for the Period from 19 June 2024 to 31 July 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Edington Manor
Broadway
Edington
Somerset
TA7 9JL

These financial statements were authorised for issue by the director on 15 January 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

ITC Property Development Catcott Limited

Notes to the Unaudited Financial Statements for the Period from 19 June 2024 to 31 July 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 0.

4 | Stocks

| 2025 £
Work in progress | 432,931

5 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £
Due within one year |  |
Amounts owed to group undertakings | 6 | 432,831
Accruals and deferred income |  | 960
|  | 433,791

6 | Related party transactions

ITC Property Development Limited own 100% of the issued share capital of the company.
Advantage has been taken of the exemption in FRS 102 to not disclose transactions with companies that are owned 100% by ITC Property Development Limited.