Snodland Development Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04073111

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		294		367
Investment Properties	5		440,000		199,364
Investments	6		50,000		50,000

			490,294		249,731
CURRENT ASSETS
Debtors	7	955		203
Cash at bank and in hand		7,845		380

		8,800		583
Creditors: Amounts Falling Due Within One Year	8	(123,488 )		(117,711 )

NET CURRENT ASSETS (LIABILITIES)			(114,688 )		(117,128 )

TOTAL ASSETS LESS CURRENT LIABILITIES			375,606		132,603

Creditors: Amounts Falling Due After More Than One Year	9		(4,529 )		(7,749 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(83,909 )		(4,470 )

NET ASSETS			287,168		120,384

CAPITAL AND RESERVES
Called up share capital	10		2		2
Revaluation reserve	11		251,728		114,055
Profit and Loss Account			35,438		6,327

SHAREHOLDERS' FUNDS			287,168		120,384

Page 1

Page 2

Snodland Development Limited

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 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.

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 Profit and Loss Account.

On behalf of the board

John Burden

Director

14 May 2026

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

1. General Information

Snodland Development Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04073111 . The registered office is 7 Downs Road, Istead Rise, Gravesend, Kent, DA13 9HA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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:

Plant & Machinery

20% Reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2.6. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debt.

2.7. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2.8. Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Page 3

Page 4

Snodland Development Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Plant & Machinery
	£
Cost or Valuation
As at 1 October 2024	6,552

As at 30 September 2025	6,552

Depreciation
As at 1 October 2024	6,185
Provided during the period	73

As at 30 September 2025	6,258

Net Book Value
As at 30 September 2025	294

As at 1 October 2024	367

5. Investment Property

	2025
	£
Fair Value
As at 1 October 2024	199,364
Revaluations	240,636

As at 30 September 2025	440,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024
	£	£
Cost	104,363	104,363
Accumulated depreciation and impairment	46,486	44,398

Carrying amount	57,877	59,965

6. Investments

	Unlisted
	£
Cost or Valuation
As at 1 October 2024	50,000

As at 30 September 2025	50,000

Provision
As at 1 October 2024	-

As at 30 September 2025	-

...CONTINUED

Page 4

Page 5

Snodland Development Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

Net Book Value
As at 30 September 2025	50,000

As at 1 October 2024	50,000

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	955	203

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	1,284	1,695
Other creditors	122,204	116,016

	123,488	117,711

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

	2025	2024
	£	£
Bank loans	4,529	7,749

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

11. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 October 2024	114,055	6,327
Profit for year	-	209,589

Surplus on revaluation	137,673	-

Other comprehensive income for the year	137,673	-

Total comprehensive income for the year	137,673	209,589

Transfer from revaluation reserve	-	(180,478)

As at 30 September 2025	251,728	35,438

Page 5