Silverfin false false 30/06/2025 01/07/2024 30/06/2025 N J A Chapman 01/01/2012 J C Ibbett 17/12/1991 17 December 2025 The principal activity of the company is that of property development and planning consultancy. 00730192 2025-06-30 00730192 bus:Director1 2025-06-30 00730192 bus:Director2 2025-06-30 00730192 2024-06-30 00730192 core:CurrentFinancialInstruments 2025-06-30 00730192 core:CurrentFinancialInstruments 2024-06-30 00730192 core:ShareCapital 2025-06-30 00730192 core:ShareCapital 2024-06-30 00730192 core:RetainedEarningsAccumulatedLosses 2025-06-30 00730192 core:RetainedEarningsAccumulatedLosses 2024-06-30 00730192 2023-06-30 00730192 bus:OrdinaryShareClass1 2025-06-30 00730192 2024-07-01 2025-06-30 00730192 bus:FilletedAccounts 2024-07-01 2025-06-30 00730192 bus:SmallEntities 2024-07-01 2025-06-30 00730192 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 00730192 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 00730192 bus:Director1 2024-07-01 2025-06-30 00730192 bus:Director2 2024-07-01 2025-06-30 00730192 2023-07-01 2024-06-30 00730192 bus:OrdinaryShareClass1 2024-07-01 2025-06-30 00730192 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 00730192 1 2024-07-01 2025-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 00730192 (England and Wales)

# BEDFORDIA DEVELOPMENTS LIMITED

### Unaudited Financial Statements
For the financial year ended 30 June 2025
Pages for filing with the registrar

BEDFORDIA DEVELOPMENTS LIMITED

## Unaudited Financial Statements

For the financial year ended 30 June 2025

Contents

BEDFORDIA DEVELOPMENTS LIMITED

## COMPANY INFORMATION

For the financial year ended 30 June 2025
BEDFORDIA DEVELOPMENTS LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 30 June 2025

DIRECTORS | N J A Chapman
| J C Ibbett

SECRETARY | T Wilding

REGISTERED OFFICE | Milton Parc
| Milton Ernest
| Bedfordshire
| MK44 1YU
| United Kingdom

COMPANY NUMBER | 00730192 (England and Wales)

ACCOUNTANT | S&W Partners (East) LLP
| Stonecross
| Trumpington High Street
| Cambridge
| CB2 9SU

BANKERS | Svenska Handelsbanken AB PLC
| 2nd Floor Clifton House
| 4a Goldington Road
| Bedford
| Bedfordshire
| MK40 3NF

SOLICITORS | Mills & Reeve LLP
| Botanic House
| 98-100 Hills Road
| Cambridge
| CB2 1PH

BEDFORDIA DEVELOPMENTS LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 30 June 2025
BEDFORDIA DEVELOPMENTS LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 30 June 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Investment property | 3 | 320,000 |  | 320,000
|  | 320,000 |  | 320,000
Current assets |  |  |  |
Debtors | 4 | 469,391 |  | 427,621
Cash at bank and in hand |  | 8,743 |  | 2,401
|  | 478,134 |  | 430,022
Creditors: amounts falling due within one year | 5 | ( 129,374) |  | ( 112,827)
Net current assets |  | 348,760 |  | 317,195
Total assets less current liabilities |  | 668,760 |  | 637,195
Provision for liabilities | 6 | ( 51,119) |  | ( 50,105)
Net assets |  | 617,641 |  | 587,090
Capital and reserves |  |  |  |
Called-up share capital | 7 | 15,000 |  | 15,000
Profit and loss account |  | 602,641 |  | 572,090
Total shareholder's funds |  | 617,641 |  | 587,090

For the financial year ending 30 June 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Bedfordia Developments Limited (registered number: 00730192) were approved and authorised for issue by the Board of Directors on 17 December 2025. They were signed on its behalf by:

N J A Chapman Director |

BEDFORDIA DEVELOPMENTS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2025
BEDFORDIA DEVELOPMENTS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Bedfordia Developments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Milton Parc, Milton Ernest, Bedfordshire, MK44 1YU, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The functional currency of Bedfordia Developments Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.
These financial statements are separate financial statements.

##### Going concern

The financial statements have been prepared on a going concern basis.
The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

##### Turnover

Revenue is the total amount receivable by the company in the ordinary course of business from property dealing, development activity and rental income. In the case of property sales and related development fees, turnover is recognised when contracts are exchanged. In the case of rental income, turnover is recognised on an accruals basis over the term of the rental agreement.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

##### Property development costs

Costs incurred on potential property developments are capitalised as work in progress if a successful determination of the planning application has been received prior to approval of the accounts. If the outcome of such application is unsuccessful or inconclusive at the time of approval the costs are written off against the statement of income in the year.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

##### Investment property

Investment property is carried at fair value determined annually by the directors with assistance from professional valuers where considered appropriate, and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
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.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 2 |  | 2

#### 3. Investment property

| Investment property
| £
Valuation |
As at 01 July 2024 | 320,000
As at 30 June 2025 | 320,000

The 2025 valuations were made by the directors, on an open market value for existing use basis.

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Amounts owed by Group undertakings | 467,388 |  | 425,526
VAT recoverable | 2,003 |  | 2,095
| 469,391 |  | 427,621

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 1,800 |  | 13,787
Accruals | 118,931 |  | 99,040
Taxation and social security | 8,643 |  | 0
| 129,374 |  | 112,827

#### 6. Deferred tax

| 2025 |  | 2024
| £ |  | £
At the beginning of financial year | ( 50,105) |  | 141,195
Charged to the Statement of Income and Retained Earnings | ( 1,014) |  | ( 191,300)
At the end of financial year | ( 51,119) |  | ( 50,105)

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
150,000 Ordinary shares of £ 0.10 each | 15,000 |  | 15,000

#### 8. Ultimate controlling party

The ultimate parent company is Bedfordia Group Holdings Ltd, a company registered in England and Wales. Copies of the accounts of Bedfordia Group Holdings Ltd are available from Companies House, Crown Way, Maindy, Cardiff, CF4 3UZ.