PFC Developments Limited

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

Registered number: 06315201

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		650,267		624,353

			650,267		624,353
CURRENT ASSETS
Cash at bank and in hand		22,973		23,202

		22,973		23,202
Creditors: Amounts Falling Due Within One Year	5	(604,022 )		(563,461 )

NET CURRENT ASSETS (LIABILITIES)			(581,049 )		(540,259 )

TOTAL ASSETS LESS CURRENT LIABILITIES			69,218		84,094

NET ASSETS			69,218		84,094

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			69,118		83,994

SHAREHOLDERS' FUNDS			69,218		84,094

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PFC Developments Limited

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 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

Mr G M Cossey

Director

28/05/2026

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

1. General Information

PFC Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06315201 . The registered office is 5 Cornfield Terrace, Eastbourne, East Sussex, BN21 4NN.

The presentation currency of the financial statements is the Pound Sterling (£).

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2.2. Significant judgements and estimations

No significant judgements or estimations have been made by the directors in preparing these financial statements.

2.3. Tangible Fixed Assets and Depreciation

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

Freehold property - No depreciation is provided

Freehold improvements - Straight line over 10 years

Short leasehold - Straight line over 20 years

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and impairment losses.

The gain or loss arising on the disposal of an asset is determined as the difference between the sales proceeds and the carrying value of the asset, and is credited or charged to the profit and loss.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

The company has chosen to measure investment properties rented to other group entities under the cost model as permitted by paragraph 16.4A(b) of FRS102.

2.4. Leasing and Hire Purchase Contracts

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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PFC Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

2.5. 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 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.

2.6. Related party exemption

The company has taken advantage of exemption, under the terms of financial reporting 102 'The Financial Reporting Standard applicable in the UK and republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 2 (2024: 2)

4. Tangible Assets

	Land & Property
	Freehold	Leasehold	Freehold property improvements	Total
	£	£	£	£
Cost
As at 1 September 2024	588,828	64,588	-	653,416
Additions	-	-	32,381	32,381

As at 31 August 2025	588,828	64,588	32,381	685,797

Depreciation
As at 1 September 2024	-	29,063	-	29,063
Provided during the period	-	3,229	3,238	6,467

As at 31 August 2025	-	32,292	3,238	35,530

Net Book Value
As at 31 August 2025	588,828	32,296	29,143	650,267

As at 1 September 2024	588,828	35,525	-	624,353

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PFC Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

At the year end the carrying value of investment properties rented out to group companies amounts to £588,828 (2024: £588,828)

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	540
Accruals and deferred income	1,703	1,620
Amounts owed to group undertakings	602,319	561,301

	604,022	563,461

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

7. Related Party Transactions

Included in creditors is an amount of £346,789 (2024: £339,769) due to Places for Chidren Limited, a company of which the directors are also directors and shareholders.

8. Ultimate Controlling Party

The controlling party is Educ8us Ltd.

9. Secured debts

Barclays Security Trustees Limited holds a fixed and floating charge over all assets of the company.

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