Silverfin false false 31/10/2025 01/11/2024 31/10/2025 J G Greenslade 25/01/1991 M J Greenslade 25/01/1991 R F M Greenslade 11/02/2026 25/01/1991 29 March 2026 The principal activity of the Company during the financial year was of tour operators and property management. 00571610 2025-10-31 00571610 bus:Director1 2025-10-31 00571610 bus:Director2 2025-10-31 00571610 bus:Director3 2025-10-31 00571610 2024-10-31 00571610 core:CurrentFinancialInstruments 2025-10-31 00571610 core:CurrentFinancialInstruments 2024-10-31 00571610 core:Non-currentFinancialInstruments 2025-10-31 00571610 core:Non-currentFinancialInstruments 2024-10-31 00571610 core:ShareCapital 2025-10-31 00571610 core:ShareCapital 2024-10-31 00571610 core:RetainedEarningsAccumulatedLosses 2025-10-31 00571610 core:RetainedEarningsAccumulatedLosses 2024-10-31 00571610 core:FurnitureFittings 2024-10-31 00571610 core:FurnitureFittings 2025-10-31 00571610 core:CostValuation 2024-10-31 00571610 core:AdditionsToInvestments 2025-10-31 00571610 core:DisposalsRepaymentsInvestments 2025-10-31 00571610 core:RevaluationsIncreaseDecreaseInInvestments 2025-10-31 00571610 core:CostValuation 2025-10-31 00571610 bus:OrdinaryShareClass1 2025-10-31 00571610 2024-11-01 2025-10-31 00571610 bus:FilletedAccounts 2024-11-01 2025-10-31 00571610 bus:SmallEntities 2024-11-01 2025-10-31 00571610 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 00571610 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 00571610 bus:Director1 2024-11-01 2025-10-31 00571610 bus:Director2 2024-11-01 2025-10-31 00571610 bus:Director3 2024-11-01 2025-10-31 00571610 core:FurnitureFittings 2024-11-01 2025-10-31 00571610 2023-11-01 2024-10-31 00571610 bus:OrdinaryShareClass1 2024-11-01 2025-10-31 00571610 bus:OrdinaryShareClass1 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 00571610 (England and Wales)

# GREENSLADE DEVELOPMENTS LIMITED

### Unaudited Financial Statements
For the financial year ended 31 October 2025
Pages for filing with the registrar

GREENSLADE DEVELOPMENTS LIMITED

## Unaudited Financial Statements

For the financial year ended 31 October 2025

Contents

GREENSLADE DEVELOPMENTS LIMITED

## BALANCE SHEET

As at 31 October 2025
GREENSLADE DEVELOPMENTS LIMITED

## BALANCE SHEET (continued)

As at 31 October 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 458 |  | 512
Investment property | 4 | 505,000 |  | 505,000
Investments | 5 | 53,334 |  | 43,790
|  | 558,792 |  | 549,302
Current assets |  |  |  |
Debtors | 6 | 411 |  | 371
Cash at bank and in hand |  | 107,214 |  | 152,029
|  | 107,625 |  | 152,400
Creditors: amounts falling due within one year | 7 | ( 61,565) |  | ( 70,397)
Net current assets |  | 46,060 |  | 82,003
Total assets less current liabilities |  | 604,852 |  | 631,305
Creditors: amounts falling due after more than one year | 8 | 0 |  | ( 6,239)
Provision for liabilities |  | ( 19,330) |  | ( 47,113)
Net assets |  | 585,522 |  | 577,953
Capital and reserves |  |  |  |
Called-up share capital | 9 | 30,000 |  | 30,000
Profit and loss account | 10 | 555,522 |  | 547,953
Total shareholders' funds |  | 585,522 |  | 577,953

For the financial year ending 31 October 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have 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 Greenslade Developments Limited (registered number: 00571610) were approved and authorised for issue by the Board of Directors on 29 March 2026. They were signed on its behalf by:

J G Greenslade Director |  | M J Greenslade Director

GREENSLADE DEVELOPMENTS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2025
GREENSLADE DEVELOPMENTS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 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

Greenslade 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 Suite 1 Osborne Rise, Taunton, TA1 4PD, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover comprises the sale of holidays and is recognised based on holidays with a departure date during the accounting period. Amounts received in respect of holidays with a departure date after the accounting period end are included in deferred income.
Rental income is recognised on an accruals basis in the period that the property is let.

##### Employee benefits

Defined contribution schemes
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

##### 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 Balance Sheet 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 tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

##### Tangible fixed assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Fixtures and fittings | 10 - 25 % reducing balance

Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation of each asset on a reducing balance basis over its expected useful life, as above.

##### Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors. 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.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

#### 2. Employees

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

#### 3. Tangible assets

| Fixtures and fittings |  | Total
| £ |  | £
Cost |  |  |
At 01 November 2024 | 4,484 |  | 4,484
At 31 October 2025 | 4,484 |  | 4,484
Accumulated depreciation |  |  |
At 01 November 2024 | 3,972 |  | 3,972
Charge for the financial year | 54 |  | 54
At 31 October 2025 | 4,026 |  | 4,026
Net book value |  |  |
At 31 October 2025 | 458 |  | 458
At 31 October 2024 | 512 |  | 512

#### 4. Investment property

| Investment property
| £
Valuation |
As at 01 November 2024 | 505,000
As at 31 October 2025 | 505,000

The investment properties owned by the company were revalued by the director, Mr J G Greenslade, who is internal to the company, on 31 October 2025 on an open market basis. The original cost of the revalued properties was £147,991 (2024: £147,991).
There has been no valuation of investment property by an independent valuer.
The fair value of the investment properties has not materially changed since this date.

#### 5. Fixed asset investments

| Listed investments |  | Total
| £ |  | £
Cost or valuation before impairment |  |  |
At 01 November 2024 | 43,790 |  | 43,790
Additions | 7,211 |  | 7,211
Disposals | ( 1,963) |  | ( 1,963)
Movement in fair value | 4,296 |  | 4,296
At 31 October 2025 | 53,334 |  | 53,334
Carrying value at 31 October 2025 | 53,334 |  | 53,334
Carrying value at 31 October 2024 | 43,790 |  | 43,790

#### 6. Debtors

| 2025 |  | 2024
| £ |  | £
Prepayments and accrued income | 411 |  | 371

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

| 2025 |  | 2024
| £ |  | £
Bank loans | 6,271 |  | 6,159
Trade creditors | 0 |  | 9,769
Amounts owed to directors | 42,974 |  | 41,981
Accruals and deferred income | 5,912 |  | 6,080
Other taxation and social security | 88 |  | 88
Other creditors | 6,320 |  | 6,320
| 61,565 |  | 70,397

#### 8. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 0 |  | 6,239

#### 9. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
30,000 Ordinary shares of £ 1.00 each | 30,000 |  | 30,000

#### 10. Reserves

Reserves

As at 31 October 2025, the profit and loss account included £315,005 (2024: £311,641) of non-distributable reserves. This relates to the revaluation surplus on the investment properties.