DIDSBURY ROAD LIMITED - Filleted accounts

Registered number

15475753

DIDSBURY ROAD LIMITED

Filleted Accounts

27 February 2025

DIDSBURY ROAD LIMITED
Registered number:		15475753
Balance Sheet
as at 27 February 2025

Notes			2025
£
Current assets
Stocks		3,638,960
Debtors	3	1
Cash at bank and in hand		7,970
		3,646,931

Creditors: amounts falling due within one year	4	(2,294)

Net current assets			3,644,637

Total assets less current liabilities			3,644,637

Creditors: amounts falling due after more than one year	5		(3,690,005)



Net liabilities			(45,368)

Capital and reserves
Called up share capital			1
Profit and loss account			(45,369)

Shareholders' funds			(45,368)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr David Adam Harrison
Director
Approved by the board on 4 June 2026

DIDSBURY ROAD LIMITED
Notes to the Accounts
for the period from 1 March 2024 to 27 February 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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 debts.

	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.

	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.





	Going Concern
	The financial statements have been prepared on a going concern basis. In assessing the appropriateness of the going concern basis, the directors have considered the company's current financial position, cash flow forecasts and financing arrangements for a period of at least twelve months from the date of approval of these financial statements. At the balance sheet date, the company had borrowings of £1,450,000 from its joint venture partner and £2,240,005 from West One Loan Limited. Subsequent to the year end, the facility with West One Loan Limited has increased to approximately £4m and remains available to support the company's ongoing operations and development activities. The directors have reviewed forecast cash flows and are satisfied that the company will have access to sufficient funding to meet its liabilities as they fall due. The directors and funding providers have indicated their continued support of the business and, where necessary, will make additional funding available to enable the company to continue trading. Accordingly, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and therefore continue to adopt the going concern basis of accounting in preparing these financial statements.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees	2025
Number

	Average number of persons employed by the company	0


3	Debtors	2025
£

	Other debtors	1


4	Creditors: amounts falling due within one year	2025
£

	Other creditors	2,294


5	Creditors: amounts falling due after one year	2025
£

	Bank and other loans	3,690,005


6	Related party transactions

	AH DEVELOPMENTS NW LTD Mr David Adam Harrison is the 100% shareholder and sole director of both companies. During the year Didsbury Road Ltd received invoices totalling £270K from AH Develipments NW Ltd regarding the project development which includes material.

7	Controlling party

	Director is the ultimate controlling party.
8	Other information

	DIDSBURY ROAD LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	5300 Lakeside
	Cheadle
	England
	SK8 3GP