Registration number: 04949883

Chester Road (Hinstock) Developments Ltd

(Registration number: 04949883)
Balance Sheet as at 28 February 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	456,457	494,951
Current assets
Debtors	5	196,874	239,522
Cash at bank and in hand		390,618	375,124
		587,492	614,646
Creditors: Amounts falling due within one year	6	(22,213)	(53,250)
Net current assets		565,279	561,396
Total assets less current liabilities		1,021,736	1,056,347
Creditors: Amounts falling due after more than one year	6	-	(20,000)
Provisions for liabilities		(25,000)	(32,000)
Net assets		996,736	1,004,347
Capital and reserves
Called up share capital	7	1	1
Capital redemption reserve		1	1
Retained earnings		996,734	1,004,345
Shareholders' funds		996,736	1,004,347

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 April 2026
 

......................................... GJ Swinnerton Director

Chester Road (Hinstock) Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
The Parvels
Goldstone Road
Hinstock
Market Drayton
Salop
TF9 2ND

These financial statements were authorised for issue by the director on 22 April 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of assets and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax and discounts.

The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Chester Road (Hinstock) Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible 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.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land & Buildings	No depreciation
Other property, plant and equipment	15% Reducing Balance
Furniture, fittings and equipment	15% Reducing Balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Chester Road (Hinstock) Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

Chester Road (Hinstock) Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

4	Tangible assets

	Land and buildings £	Long leasehold land and buildings £	Plant and machinery £	Office equipment £
Cost or valuation
At 1 March 2025	256,823	55,486	236,985	9,867
At 28 February 2026	256,823	55,486	236,985	9,867
Depreciation
At 1 March 2025	-	-	58,073	6,137
Charge for the year	-	11,097	26,837	560
At 28 February 2026	-	11,097	84,910	6,697
Carrying amount
At 28 February 2026	256,823	44,389	152,075	3,170
At 28 February 2025	256,823	55,486	178,912	3,730

	Total £
Cost or valuation
At 1 March 2025	559,161
At 28 February 2026	559,161
Depreciation
At 1 March 2025	64,210
Charge for the year	38,494
At 28 February 2026	102,704
Carrying amount
At 28 February 2026	456,457
At 28 February 2025	494,951

Included within the net book value of land and buildings above is £256,823 (2025 - £256,823) in respect of freehold land and buildings and £44,389 (2025 - £55,486) in respect of long leasehold land and buildings.
 

Chester Road (Hinstock) Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

5

Debtors

	Note	2026 £	2025 £
Trade debtors		3,500	-
Amounts owed from related parties	9	190,000	221,000
Prepayments		618	2,932
Other debtors		2,756	15,590
		196,874	239,522

6

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	8	20,000	52,000
Trade creditors		477	-
Taxation and social security		486	-
Accruals and deferred income		1,250	1,250
		22,213	53,250

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	8	-	20,000

Chester Road (Hinstock) Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

7	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary Shares of £1 each	1	1	1	1

8	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Hire purchase contracts	-	20,000

Current loans and borrowings

	2026 £	2025 £
Hire purchase contracts	20,000	52,000

9	Related party transactions

Summary of transactions with other related parties

RGS Construction Ltd - a company in which Mr G J Swinnerton is a director At the balance sheet date the amount due from RGS Construction Ltd was £90,000 (2025 - £90,000)

Shropshire Heat Limited - a company in which Mr G J Swinnerton is director and shareholder. At the balance sheet date the amount due from Shropshire Heat Limited was £100,000 (2025 £131,000)