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Registered number: 15702655
Alvescot Development Ltd
Unaudited Financial Statements
For the Period 3 May 2024 to 31 May 2025
Modus Accountants Ltd
Unit 1c Church Green
Witney
OX28 4YR
Alvescot Development Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—3

Page 1
Alvescot Development Ltd
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: 15702655

| 31 May 2025
--- | ---
| Notes | £ | £
CURRENT ASSETS
Stocks | 4 | 1,758,598 |
Debtors | 5 | 5,409 |
Cash at bank and in hand |  | 1,795 |
|  | 1,765,802 |
Creditors: Amounts Falling Due Within One Year | 6 | (715,401 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,050,401
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,050,401
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (1,060,737 )
NET LIABILITIES |  |  | (10,336 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100
Profit and Loss Account |  |  | (10,436 )
SHAREHOLDERS' FUNDS |  |  | (10,336)

For the period ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

L Wright Director
29 January 2026

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Alvescot Development Ltd
Notes to the Financial Statements
For the Period 3 May 2024 to 31 May 2025
Notes to the Financial Statements
1. General Information
Alvescot Development Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15702655 . The registered office is Priory Barn Lower End, Alvescot, Bampton, Oxfordshire, OX18 2QA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Stocks and Work in Progress
Land and property purchased with the intention to develop is included in current assets as work in progress and is stated at the lower of cost and net realisable value. Cost comprises the purchase cost of land and buildings, development expenditure and interest costs directly related to financing the acquisition, construction, or development of land and property.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Stocks

| 31 May 2025
--- | ---
| £
Work in progress | 1,758,598

5. Debtors

| 31 May 2025
--- | ---
| £
Due within one year
Other debtors | 5,409

Page 2
Page 3
Alvescot Development Ltd
Notes to the Financial Statements (continued)
For the Period 3 May 2024 to 31 May 2025
6. Creditors: Amounts Falling Due Within One Year

| 31 May 2025
--- | ---
| £
Trade creditors | 822
Other creditors | 714,579
| 715,401

7. Creditors: Amounts Falling Due After More Than One Year

| 31 May 2025
--- | ---
| £
Other creditors | 1,060,737

8. Share Capital

| 31 May 2025
--- | ---
| £
Allotted, Called up and fully paid | 100

9. Related Party Transactions
During the year, a director transferred land to the company at market value. As at the balance sheet date, £700,000 remained payable to the director in respect of this transaction. The amount is unsecured, interest-free, and repayable on demand.
A company holding a 50% shareholding was contracted to provide construction services on commercial terms and at market rates.
Page 3