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Company Registration No. 06629363 (England and Wales)
Pemberley Development Limited Unaudited accounts for the year ended 30 June 2025
Pemberley Development Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Pemberley Development Limited Company Information for the year ended 30 June 2025
Directors
N F Ridley C J Ridley
Secretary
C J Ridley
Company Number
06629363 (England and Wales)
Registered Office
Ludgores House Ludgores Lane Danbury Chelmsford CM3 4JW England
Accountants
Balmoral Consultancy Services Limited Congress House 14 Lyon Road Harrow Middlesex HA1 2EN
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Pemberley Development Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,002
1,336
Investments
5
501,000
150,000
502,002
151,336
Current assets
Debtors
6
610,102
453,400
Cash at bank and in hand
592,504
1,123,736
1,202,606
1,577,136
Creditors: amounts falling due within one year
7
(235,657)
(213,987)
Net current assets
966,949
1,363,149
Net assets
1,468,951
1,514,485
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
1,468,851
1,514,385
Shareholders' funds
1,468,951
1,514,485
For the 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. 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. 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 23 March 2026 and were signed on its behalf by
N F Ridley Director Company Registration No. 06629363
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Pemberley Development Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Pemberley Development Limited is a private company, limited by shares, registered in England and Wales, registration number 06629363. The registered office is Ludgores House Ludgores Lane, Danbury, Chelmsford, CM3 4JW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Accounting Convention
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account any discounts. Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant & machinery
25% Reducing balance
Cash at bank and in hand
Cash at bank and in hand are the basic financial assets and include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.
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Pemberley Development Limited Notes to the Accounts for the year ended 30 June 2025
Financial Instruments
The company has been 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 balance sheet 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 amount and there is an intention to settle on a net basis or to realise the 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 cost 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.
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
Basic financial liabilities, including creditors, 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 payments 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.
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividend payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
Taxation
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.
Investments
Investments are included at market fair value.
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Pemberley Development Limited Notes to the Accounts for the year ended 30 June 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 July 2024
7,876
At 30 June 2025
7,876
Depreciation
At 1 July 2024
6,540
Charge for the year
334
At 30 June 2025
6,874
Net book value
At 30 June 2025
1,002
At 30 June 2024
1,336
5
Investments
Other investments
£
Valuation at 1 July 2024
150,000
Additions
351,000
Valuation at 30 June 2025
501,000
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
6,527
-
Trade debtors
1,700
3,400
Other debtors
601,875
450,000
610,102
453,400
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
-
14,223
Taxes and social security
14,853
29,805
Loans from directors
217,304
166,459
Accruals
3,500
3,500
235,657
213,987
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Pemberley Development Limited Notes to the Accounts for the year ended 30 June 2025
9
Transactions with related parties
As at the balance sheet date the director N F Ridley owed the sum of £232,696 (2024:£283,354) to the company. Interest in the sum of £10,125 (2024: £10,125) was charged by the company to the director on this loan.
10
Controlling party
The ultimate controlling party is Mr N Ridley.
11
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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