Ashbee Developments Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 08594251

		2026		2025
	Notes	£	£	£	£
CURRENT ASSETS
Stocks and work in progress	4	221,736		-
Debtors	5	15,879		228
Cash at bank and in hand		25,176		30,691

		262,791		30,919
Creditors: Amounts Falling Due Within One Year	6	(13,540 )		(12,819 )

NET CURRENT ASSETS (LIABILITIES)			249,251		18,100

TOTAL ASSETS LESS CURRENT LIABILITIES			249,251		18,100

Creditors: Amounts Falling Due After More Than One Year	7		(252,756 )		(18,886 )

NET LIABILITIES			(3,505 )		(786 )

CAPITAL AND RESERVES
Called up share capital	8		50		50
Capital redemption reserve			50		50
Profit and Loss Account			(3,605 )		(886 )

SHAREHOLDERS' FUNDS			(3,505)		(786)

Page 1

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Ashbee Developments Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 D N Ashbee

Director

21 May 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Ashbee Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08594251 . The registered office is Chp Clifton House, Four Elms Road, Cardiff, CF24 1LE.

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. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.3. Financial Instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

All of the financial instruments applying to the company are basic as defied in the Accounting Standard, and as such are initially recognised at the transaction price. Debt instruments are subsequently measured at amortised cost.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2025: NIL)

4. Stocks and work in progress

	2026	2025
	£	£
Stock & work in progress	221,736	-

5. Debtors

	2026	2025
	£	£
Due within one year
Other taxes and social security	2,508	228
Director's loan account	13,371	-

	15,879	228

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Ashbee Developments Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Bank loans and overdrafts	4,490	4,490
Other creditors	7,550	7,550
Accruals	1,500	400
Director's loan account	-	379

	13,540	12,819

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

	2026	2025
	£	£
Bank loans	102,756	18,886
Other loans	150,000	-

	252,756	18,886

Lloyds Bank Plc registered a charge dated 15 October 2025 on Patchwork Cottage, Cheddar Road, Wedmore, BS28 4EJ and Land Adjoining Patchwork Cottage, Cheddar Road, Wedmore BS 28 4EJ.

8. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
50 Ordinary Shares of £ 1.00 each	50	50

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr David Ashbee	(379 )	14,250	(500 )	-	13,371

The above loan is unsecured, interest free and repayable on demand.

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