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COMPANY REGISTRATION NUMBER: 02402613

THEMEVALLEY DEVELOPMENTS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 May 2025

THEMEVALLEY DEVELOPMENTS LIMITED

STATEMENT OF FINANCIAL POSITION

31 May 2025

| 2025 | 2024
Note | £ | £ | £ | £

FIXED ASSETS

Tangible assets | 5 |  | 3,045,423 |  | 2,680,498

CURRENT ASSETS

Debtors | 6 | 64,465 |  | 57,891 |
Cash at bank and in hand | 1,926,730 |  | 1,815,669 |
| ------------ |  | ------------ |
| 1,991,195 |  | 1,873,560 |

CREDITORS: amounts falling due within one year | 7 | 180,330 |  | 152,375 |
| ------------ |  | ------------ |
NET CURRENT ASSETS |  | 1,810,865 |  | 1,721,185
|  | ------------ |  | ------------
TOTAL ASSETS LESS CURRENT LIABILITIES |  | 4,856,288 |  | 4,401,683

PROVISIONS |  | 204,757 |  | 113,507
|  | ------------ |  | ------------
NET ASSETS |  | 4,651,531 |  | 4,288,176
|  | ------------ |  | ------------

CAPITAL AND RESERVES

Called up share capital fully paid |  | 500,000 |  | 500,000
Revaluation reserve |  | 1,680,723 |  | 1,406,973
Profit and loss account |  | 2,470,808 |  | 2,381,203
|  | ------------ |  | ------------
SHAREHOLDERS FUNDS |  | 4,651,531 |  | 4,288,176
|  | ------------ |  | ------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 31 May 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 financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

THEMEVALLEY DEVELOPMENTS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 May 2025
These financial statements were approved by the board of directors and authorised for issue on 17 February 2026 , and are signed on behalf of the board by:

Mr B J Raftery |
Director |

Company registration number: 02402613

THEMEVALLEY DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MAY 2025
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5 Parklands Close, Loddington, Kettering, Northamptonshire, NN14 1LG.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover represents the amount derived from rents receivable after deduction of value added tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Equipment | - | 15% reducing balance

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).
5. TANGIBLE ASSETS

| Investment property | Equipment | Total
| £ | £ | £
Valuation |  |  |
At 1 June 2024 | 2,680,000 | 586 | 2,680,586
Revaluations | 365,000 | – | 365,000
| ------------ | ---- | ------------
At 31 May 2025 | 3,045,000 | 586 | 3,045,586
| ------------ | ---- | ------------
Depreciation |  |  |
At 1 June 2024 | – | 88 | 88
Charge for the year | – | 75 | 75
| ------------ | ---- | ------------
At 31 May 2025 | – | 163 | 163
| ------------ | ---- | ------------
Carrying amount |  |  |
At 31 May 2025 | 3,045,000 | 423 | 3,045,423
| ------------ | ---- | ------------
At 31 May 2024 | 2,680,000 | 498 | 2,680,498
| ------------ | ---- | ------------

Tangible assets held at valuation
Investment properties were professionally valued by Eddisons, RICS Registered Valuers on 06 August 2025.
6. DEBTORS

| 2025 | 2024
| £ | £
Trade debtors | 22,569 | 9,987
Other debtors | 41,896 | 47,904
| -------- | --------
| 64,465 | 57,891
| -------- | --------

7. CREDITORS: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 5,964 | –
Trade creditors | 1,019 | –
Corporation tax | 54,422 | 60,032
Social security and other taxes | 7,086 | 7,982
Other creditors | 111,839 | 84,361
| --------- | ---------
| 180,330 | 152,375
| --------- | ---------

8. RELATED PARTY TRANSACTIONS
During the year the company undertook the following transactions with related parties: The director has advanced monies to the company. At 31 May 2025 the amount due from the company was £5,359 (2024 - £4,906). The loan is interest free and unsecured.