Registered number
03038734
Aggregate Developments Limited
Filleted Accounts
30 June 2025

Aggregate Developments Limited
Registered number: | 03038734
Balance Sheet
as at 30 June 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Tangible assets | 3 |  |  | 123,408 |  |  | 123,108
Investments |  |  |  | 2 |  |  | 2
|  |  |  | 123,410 |  |  | 123,110
Current assets
Debtors | 5 |  | 1,068,627 |  |  | 1,517,539
Cash at bank and in hand |  |  | 41,065 |  |  | 3,590
|  |  | 1,109,692 |  |  | 1,521,129
Creditors: amounts falling due within one year | 6 |  | (2,907,503) |  |  | (3,134,277)
Net current liabilities |  |  |  | (1,797,811) |  |  | (1,613,148)
Net liabilities |  |  |  | (1,674,401) |  |  | (1,490,038)
Capital and reserves
Called up share capital |  |  |  | 100 |  |  | 100
Profit and loss account |  |  |  | (1,674,501) |  |  | (1,490,138)
Shareholders' funds |  |  |  | (1,674,401) |  |  | (1,490,038)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 March 2026 and signed on its behalf by:
S S Dhillon
Director
The notes on pages 2 to 4 form part of these financial statements.

Aggregate Developments Limited
Notes to the Accounts
for the year ended 30 June 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Group accounts have not been prepared as the directors have taken advantage of the exemption conferred by section 400 of the Companies Act 2006, due to the company being "small" as defined by section 381 of the Act. The financial statements present information about the company as an individual undertaking and not about its group.
| The preparation of financial statements in compliance with FRS 102 Section 1A Small Entities requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the accounting policies.
| Turnover
| Turnover, representing polo fees and property rental income is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life using the straight-line method, as follows:
| Plant and machinery | 25% per annum
| Livestock | 15% per annum
| Investment property
| Investment property is carried at fair value determined annually by the directors and derived from sales or current market rents and investment property yields for comparable property, 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.
| Stocks
| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
1 | Accounting policies (continued)
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 1 |  | 1
3 | Tangible fixed assets
|  | Investment property |  | Plant and machinery etc |  | Livestock |  | Total
£ | £ | £ | £
| Cost or valuation
| At 1 July 2024 | 115,000 |  | 23,751 |  | 154,307 |  | 293,058
| Additions | - |  | - |  | 3,278 |  | 3,278
| At 30 June 2025 | 115,000 |  | 23,751 |  | 157,585 |  | 296,336
| Depreciation
| At 1 July 2024 | - |  | 19,788 |  | 150,162 |  | 169,950
| Charge for the year | - |  | 1,569 |  | 1,409 |  | 2,978
| At 30 June 2025 | - |  | 21,357 |  | 151,571 |  | 172,928
| Net book value
| At 30 June 2025 | 115,000 |  | 2,394 |  | 6,014 |  | 123,408
| At 30 June 2024 | 115,000 |  | 3,963 |  | 4,145 |  | 123,108
| The historical cost of long leasehold investment properties is £141,201 (2024: £141,201).
| Investment properties have been revalued by the directors for the year ended 30 June 2025.
5 | Debtors | 2025 |  | 2024
£ | £
| Trade debtors | 10,476 |  | 22,926
| Amounts owed by related parties |  | 1,000,000 |  | 1,470,782
| Other debtors | 58,151 |  | 23,373
| Directors Loan | - |  | 458
|  |  |  |  |  | 1,068,627 |  | 1,517,539
6 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Trade creditors | 8,089 |  | 1,898
| Amounts owed to related parties |  | 2,897,278 |  | 3,129,316
| Taxation and social security costs | 500 |  | 500
| Other creditors | 1,636 |  | 2,563
|  |  |  |  |  | 2,907,503 |  | 3,134,277
7 | Related party transactions
| Included in debtors are amounts of £1,000,000 (2024: £1,000,000) owed by Satnam Urban Regeneration Limited, £nil (2024: £32,500) owed by Cheltenham Property Group Limited, and £nil (2024: £438,282) owed by Trewsbury Farm Stud Limited, companies in which director S S Dhillon is also a director.
| Included in creditors are amounts of £2,570,078 (2024: £2,495,060) owed to Satnam Investments Limited, £327,000 (2024: £202,000) owed to Satnam Limited, £200 (2024: £nil) owed to Trewsbury Farm Stud Limited, and £nil (2024: £432,256) owed to Satnam Millennium Limited, companies in which director S S Dhillon is also a director.
8 | Other information
| Aggregate Developments Limited is a private company limited by shares and incorporated in England. Its registered office is:
| 17 Imperial Square
| Cheltenham
| Gloucestershire
| GL50 1QZ

Aggregate Developments Limited 03038734 false 2024-07-01 2025-06-30 2025-06-30 VT Final Accounts February 2026 S S Dhillon No description of principal activity 03038734 2023-07-01 2024-06-30 03038734 core:WithinOneYear 2024-06-30 03038734 core:ShareCapital 2024-06-30 03038734 core:RetainedEarningsAccumulatedLosses 2024-06-30 03038734 2024-07-01 2025-06-30 03038734 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 03038734 bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 03038734 bus:Director40 2024-07-01 2025-06-30 03038734 1 2024-07-01 2025-06-30 03038734 2 2024-07-01 2025-06-30 03038734 core:LandBuildings 2024-07-01 2025-06-30 03038734 core:PlantMachinery 2024-07-01 2025-06-30 03038734 core:Vehicles 2024-07-01 2025-06-30 03038734 countries:England 2024-07-01 2025-06-30 03038734 bus:FRS102 2024-07-01 2025-06-30 03038734 bus:FilletedAccounts 2024-07-01 2025-06-30 03038734 2025-06-30 03038734 core:WithinOneYear 2025-06-30 03038734 core:ShareCapital 2025-06-30 03038734 core:RetainedEarningsAccumulatedLosses 2025-06-30 03038734 core:LandBuildings 2025-06-30 03038734 core:PlantMachinery 2025-06-30 03038734 core:Vehicles 2025-06-30 03038734 2024-06-30 03038734 core:LandBuildings 2024-06-30 03038734 core:PlantMachinery 2024-06-30 03038734 core:Vehicles 2024-06-30 iso4217:GBP xbrli:pure