REGISTERED NUMBER: 14535203 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

EAST BIGGLESWADE DEVELOPMENTS LIMITED

PREVIOUSLY KNOWN AS

KBL BW LAND I LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P J Hughes

REGISTERED OFFICE:

The Oil Deot

242 London Road

Stretton On Dunsmore

Rugby

CV23 9JA

REGISTERED NUMBER:

14535203 (England and Wales)

ACCOUNTANTS:

Askews Chartered Certified Accountants

5 The Quadrant

Coventry

West Midlands

CV1 2EL

FIXED ASSETS

Tangible assets

4

-

64,638,847

CURRENT ASSETS

Stocks

49,534,555

-

Debtors

5

1

23,119

49,534,556

23,119

CREDITORS

Amounts falling due within one year

6

52,008,156

64,648,737

NET CURRENT LIABILITIES

(2,473,600

)

(64,625,618

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,473,600

)

13,229

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(2,473,601

)

13,228

(2,473,600

)

13,229

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 April 2026 and were signed by:

P J Hughes - Director

1.	STATUTORY INFORMATION

East Biggleswade Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 4 ).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 January 2024

64,638,847

Additions

6,647,983

Disposals

(71,286,830

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

64,638,847

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

-

23,118

Other debtors

1

1

1

23,119

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

2,974

652

Amounts owed to group undertakings

52,000,000

64,640,150

Taxation and social security

3,083

5,935

Other creditors

2,099

2,000

52,008,156

64,648,737

7.	RELATED PARTY DISCLOSURES

Balances and transactions with related parties were:

2024

2023

£

£

Creditor balances

KBL BW Land Limited

NIL

64,640,150

The balance was written off upon sale of the company to TAU Limited, its parent company.

8.	ULTIMATE CONTROLLING PARTY

During the year the company shares were sold to TAU Limited and the company's controlling party changed from the joint control of Kogan Bellamy Lloyd Limited and Lenrose Capital Partners Limited both of which are registered in England, to P hughes, by virtue of his shares in TAU Limited (OE033501).