REGISTERED NUMBER: 15119915 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th September 2025

for

SADE DEVELOPMENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G H Evans

Mr S R Rayner

REGISTERED OFFICE:

Cathedral House

5 Beacon Street

Lichfield

Staffordshire

WS13 7AA

REGISTERED NUMBER:

15119915 (England and Wales)

FIXED ASSETS

Tangible assets

4

564,542

320,000

CURRENT ASSETS

Debtors

5

12,179

286

Cash at bank

12,543

1,480

24,722

1,766

CREDITORS

Amounts falling due within one year

6

69,000

352

NET CURRENT (LIABILITIES)/ASSETS

(44,278

)

1,414

TOTAL ASSETS LESS CURRENT LIABILITIES

520,264

321,414

CREDITORS

Amounts falling due after more than one year

7

482,702

261,958

NET ASSETS

37,562

59,456

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

73,313

73,313

Retained earnings

(35,851

)

(13,957

)

SHAREHOLDERS' FUNDS

37,562

59,456

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 18th June 2026 and were signed on its behalf by:

Mr S R Rayner - Director

1.	STATUTORY INFORMATION

Sade Developments 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.

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.

Land and buildings

-

not provided

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

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST OR VALUATION

At 1st October 2024

320,000

Additions

244,542

At 30th September 2025

564,542

NET BOOK VALUE

At 30th September 2025

564,542

At 30th September 2024

320,000

Cost or valuation at 30th September 2025 is represented by:

Freehold

property

£

Valuation in 2024

73,313

Cost

491,229

564,542

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

30.9.25

30.9.24

£

£

Cost

491,229

246,687

Value of land in freehold land and buildings

564,542

320,000

Freehold property was valued on a fair value basis on 30th September 2024 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Other debtors

12,179

286

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts

69,000

-

Other creditors

-

352

69,000

352

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans

247,688

-

Other creditors

235,014

261,958

482,702

261,958

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

247,688

-

8.

RESERVES

Revaluation

reserve

£

At 1st October 2024

and 30th September 2025

73,313

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 30th September 2025 and the period ended 30th September 2024:

30.9.25

30.9.24

£

£

Mr G H Evans

Balance outstanding at start of year

(125,294

)

-

Amounts repaid

-

(125,294

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(125,294

)

(125,294

)

Mr S R Rayner

Balance outstanding at start of year

(136,664

)

-

Amounts advanced

26,944

-

Amounts repaid

-

(136,664

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(109,720

)

(136,664

)