Naylor Homes Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 11185127

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		780,000		775,000

			780,000		775,000
CURRENT ASSETS
Debtors	5	-		660
Cash at bank and in hand		6,940		10,706

		6,940		11,366
Creditors: Amounts Falling Due Within One Year	6	(438,619 )		(367,727 )

NET CURRENT ASSETS (LIABILITIES)			(431,679 )		(356,361 )

TOTAL ASSETS LESS CURRENT LIABILITIES			348,321		418,639

Creditors: Amounts Falling Due After More Than One Year	7		(195,910 )		(256,260 )

NET ASSETS			152,411		162,379

CAPITAL AND RESERVES
Called up share capital			100		100
Income Statement			152,311		162,279

SHAREHOLDERS' FUNDS			152,411		162,379

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Naylor Homes Ltd

Statement of Financial Position (continued)

As At 28 February 2026

For the year ending 28 February 2026 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr O M Naylor

Director

01/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Naylor Homes Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11185127 . The registered office is First Floor, Embsay Mill, Embsay, Skipton, North Yorkshire, BD23 6QR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared under the historical cost basis.

The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Turnover

Turnover comprises gross rental income receivable during the period.

Turnover is invoiced monthly in advance, and is recognised in the income statement for the period to which it relates.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

No depreciation

2.4. Investment Properties

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

2.5. Financial Instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transactions price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

2.6. Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.

The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

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Naylor Homes Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

2.7. Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period is arises.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 3)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost or Valuation
As at 1 March 2025	775,000
Revaluation	5,000

As at 28 February 2026	780,000

Net Book Value
As at 28 February 2026	780,000

As at 1 March 2025	775,000

5. Debtors

	2026	2025
	£	£
Due within one year
Other taxes and social security	-	660

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	175,000	145,000
Accruals and deferred income	8,604	2,762
Directors' loan accounts	255,015	219,965

	438,619	367,727

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Naylor Homes Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	195,910	256,260

Included in creditors: amounts falling due after more than one year, are bank loans amounting to £195,910 (2025 - £256,260) which are secured by the company.

8. Related Party Transactions

Included in creditors: amounts falling due within one year, are the following directors loan account balances:

Mr O M Naylor - £7,515 (2025 - £5,015)

Mr A C Naylor - £247,500 (2025 - £214,950)

Both balances are interest free and repayable on demand.

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