IRIS Accounts Production v25.4.0.155 13748974 Board of Directors Board of Directors 1.10.24 30.9.25 30.9.25 0 0 false true false false true false Ordinary £1 shares 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 13748974 2024-09-30 13748974 2025-09-30 13748974 2024-10-01 2025-09-30 13748974 2023-11-30 13748974 2023-12-01 2024-09-30 13748974 2024-09-30 13748974 ns15:EnglandWales 2024-10-01 2025-09-30 13748974 ns14:PoundSterling 2024-10-01 2025-09-30 13748974 ns10:Director1 2024-10-01 2025-09-30 13748974 ns10:Director2 2024-10-01 2025-09-30 13748974 ns10:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 13748974 ns10:SmallEntities 2024-10-01 2025-09-30 13748974 ns10:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 13748974 ns10:SmallCompaniesRegimeForDirectorsReport 2024-10-01 2025-09-30 13748974 ns10:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 13748974 ns10:FullAccounts 2024-10-01 2025-09-30 13748974 ns10:EntityHasNeverTraded 2024-10-01 2025-09-30 13748974 ns10:OrdinaryShareClass1 2024-10-01 2025-09-30 13748974 ns10:RegisteredOffice 2024-10-01 2025-09-30 13748974 ns5:CurrentFinancialInstruments 2025-09-30 13748974 ns5:CurrentFinancialInstruments 2024-09-30 13748974 ns5:Non-currentFinancialInstruments 2025-09-30 13748974 ns5:Non-currentFinancialInstruments 2024-09-30 13748974 ns5:ShareCapital 2025-09-30 13748974 ns5:ShareCapital 2024-09-30 13748974 ns5:RetainedEarningsAccumulatedLosses 2025-09-30 13748974 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 13748974 ns5:LandBuildings 2024-09-30 13748974 ns5:LandBuildings 2024-10-01 2025-09-30 13748974 ns5:LandBuildings 2025-09-30 13748974 ns5:LandBuildings 2024-09-30 13748974 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2025-09-30 13748974 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2024-09-30 13748974 ns5:Secured 2025-09-30 13748974 ns5:Secured 2024-09-30 13748974 ns10:OrdinaryShareClass1 2025-09-30

REGISTERED NUMBER: 13748974 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 30 September 2025 |

| for |

| P & L Developments (Cheshire) Ltd |

| P & L Developments (Cheshire) Ltd (Registered number: 13748974) |

Contents of the Financial Statements

for the Year Ended 30 September 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| P & L Developments (Cheshire) Ltd |

Company Information

for the Year Ended 30 September 2025

| DIRECTORS: | R D Hayes

| Mrs S Hayes

| REGISTERED OFFICE: | 8 Winmarleigh Street

| Warrington

| Cheshire

| WA1 1JW

| REGISTERED NUMBER: | 13748974 (England and Wales)

| ACCOUNTANTS: | Voisey & Co LLP

| Chartered Accountants

| 8 Winmarleigh Street

| Warrington

| Cheshire

| WA1 1JW

| P & L Developments (Cheshire) Ltd (Registered number: 13748974) |

Balance Sheet

30 September 2025

| 30.9.25 | 30.9.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 360,062 |  | 282,404 |  |

CURRENT ASSETS

Debtors | 5 | 100 |  | 100 |  |

Cash at bank | 4,853 |  | 18 |  |

4,953 |  | 118 |  |

CREDITORS

Amounts falling due within one year | 6 | 153,149 |  | 283,345 |  |

NET CURRENT LIABILITIES | (148,196 | ) | (283,227 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 211,866 |  | (823 | ) |

CREDITORS

Amounts falling due after more than one year | 7 | 213,045 |  | - |  |

NET LIABILITIES | (1,179 | ) | (823 | ) |

CAPITAL AND RESERVES

Called up share capital | 9 | 100 |  | 100 |  |

Retained earnings | (1,279 | ) | (923 | ) |

SHAREHOLDERS' FUNDS | (1,179 | ) | (823 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

| P & L Developments (Cheshire) Ltd (Registered number: 13748974) |

Balance Sheet - continued

30 September 2025

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 8 December 2025 and were signed on its behalf by:

R D Hayes - Director

Mrs S Hayes - Director

| P & L Developments (Cheshire) Ltd (Registered number: 13748974) |

Notes to the Financial Statements

for the Year Ended 30 September 2025

1. | STATUTORY INFORMATION

| P & L Developments (Cheshire) Ltd 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 (£).

| Monetary amounts included within these financial statements shall be rounded to the nearest £.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| Monetary amounts in these financial statements are rounded to the nearest £.

| Turnover

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

| Tangible fixed assets

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

| 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.

| P & L Developments (Cheshire) Ltd (Registered number: 13748974) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

2. | ACCOUNTING POLICIES - continued

| Cash and cash equivalents

| Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with bank, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the net asset and settle the liability simultaneously.

| Basic financial assets

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised costs using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Other financial assets

| Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publically traded and whose fair values cannot be measured reliably are measured at cost less impairment.

| Impairment of financial assets

| Financial assets, other than those held at fair value through profit or loss, are assessed for indicators of impairment at each reporting end date.

| Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

| P & L Developments (Cheshire) Ltd (Registered number: 13748974) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

2. | ACCOUNTING POLICIES - continued

| Derecognition of financial assets

| Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

| Derecognition of financial liabilities

| Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

| Equity instruments

| Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

| Freehold

| property

£ |

| COST

| At 1 October 2024 | 282,404 |  |

| Additions | 77,658 |  |

| At 30 September 2025 | 360,062 |  |

| NET BOOK VALUE

| At 30 September 2025 | 360,062 |  |

| At 30 September 2024 | 282,404 |  |

| Bank loans of £213,045 are secured by way of charge over one of the freehold properties held by the company.

| P & L Developments (Cheshire) Ltd (Registered number: 13748974) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

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

| 30.9.25 |  | 30.9.24

£ | £ |

| Other debtors | 100 |  | 100 |  |

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

| 30.9.25 |  | 30.9.24

£ | £ |

| Amounts owed to group undertakings | 82,519 |  | 282,195 |  |

| Directors' current accounts | 70,000 |  | 550 |  |

| Accrued expenses | 630 |  | 600 |  |

153,149 |  | 283,345 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 30.9.25 |  | 30.9.24

£ | £ |

| Bank loans more 5 yr by instal | 213,045 |  | - |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 213,045 |  | - |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

| 30.9.25 |  | 30.9.24

£ | £ |

| Bank loans | 213,045 |  | - |  |

| The bank loan is secured against by a charge over one of the freehold properties held by the company.

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 30.9.25 |  | 30.9.24

| value: | £ | £ |

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

10. | ULTIMATE CONTROLLING PARTY

| The controlling party is RDH Group Limited.

| The ultimate controlling party is Mr R D Hayes and Mrs S Hayes.