REGISTERED NUMBER: 08737305 (England and Wales)

Financial Statements for the Year Ended 31 October 2025

for

The Dering Development Co Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A M Roffey

REGISTERED OFFICE:

Palmeira Avenue Mansions

19 Church Road

Hove

East Sussex

BN3 2FA

REGISTERED NUMBER:

08737305 (England and Wales)

ACCOUNTANTS:

Atkinsons

Chartered Accountants

Palmeira Avenue Mansions

19 Church Road

Hove

East Sussex

BN3 2FA

FIXED ASSETS

Tangible assets

4

393

524

Investment property

5

2,200,000

2,200,000

2,200,393

2,200,524

CURRENT ASSETS

Cash at bank

2,811

-

CREDITORS

Amounts falling due within one year

6

459,335

402,882

NET CURRENT LIABILITIES

(456,524

)

(402,882

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,743,869

1,797,642

CREDITORS

Amounts falling due after more than one year

7

2,019,805

1,960,621

NET LIABILITIES

(275,936

)

(162,979

)

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

(265,000

)

(265,000

)

Fair value reserve

1,031,915

1,031,915

Retained earnings

(1,042,951

)

(929,994

)

SHAREHOLDERS' FUNDS

(275,936

)

(162,979

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 14 May 2026 and were signed by:

A M Roffey - Director

1.	STATUTORY INFORMATION

The Dering Development Co Ltd 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 as modified by the revaluation of certain assets.

These financial statements have been prepared on the basis that the company will continue to be a going concern. At the year end the current liabilities exceeded current assets by £456,524. The validity of this basis depends upon the continued support of the company's director. The director confirms that they will give the required support.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 November 2024

and 31 October 2025

758

959

1,717

DEPRECIATION

At 1 November 2024

311

882

1,193

Charge for year

112

19

131

At 31 October 2025

423

901

1,324

NET BOOK VALUE

At 31 October 2025

335

58

393

At 31 October 2024

447

77

524

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

2,200,000

NET BOOK VALUE

At 31 October 2025

2,200,000

At 31 October 2024

2,200,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2021

1,500,000

Valuation in 2024

140,000

Cost

560,000

2,200,000

If the investment property had not been revalued it would have been included at the following historical cost:

31.10.25

31.10.24

£

£

Cost

476,653

476,653

Investment property was valued on an open market basis on 12 February 2024 by Strutt & Parker .

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

53,016

46,584

Trade creditors

6,408

-

Other creditors

399,911

356,298

459,335

402,882

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

2,019,805

1,960,621

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption under FRS 102 1AC.35 whereby particulars need not be given for related party transactions concluded under normal market conditions, or transactions entered into between two or more members of a group, provided that any subsidiary which is party to the transactions is wholly-owned by such a member.