IRIS Accounts Production v26.1.10.61 10878115 Board of Directors 1.5.25 30.4.26 30.4.26 0 0 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 10878115 2025-04-30 10878115 2026-04-30 10878115 2025-05-01 2026-04-30 10878115 2024-04-30 10878115 2024-05-01 2025-04-30 10878115 2025-04-30 10878115 ns15:EnglandWales 2025-05-01 2026-04-30 10878115 ns14:PoundSterling 2025-05-01 2026-04-30 10878115 ns10:Director1 2025-05-01 2026-04-30 10878115 ns10:PrivateLimitedCompanyLtd 2025-05-01 2026-04-30 10878115 ns10:SmallEntities 2025-05-01 2026-04-30 10878115 ns10:AuditExempt-NoAccountantsReport 2025-05-01 2026-04-30 10878115 ns10:SmallCompaniesRegimeForDirectorsReport 2025-05-01 2026-04-30 10878115 ns10:SmallCompaniesRegimeForAccounts 2025-05-01 2026-04-30 10878115 ns10:AbridgedAccounts 2025-05-01 2026-04-30 10878115 ns10:Director2 2025-05-01 2026-04-30 10878115 ns10:RegisteredOffice 2025-05-01 2026-04-30 10878115 ns5:CurrentFinancialInstruments 2026-04-30 10878115 ns5:CurrentFinancialInstruments 2025-04-30 10878115 ns5:Non-currentFinancialInstruments 2026-04-30 10878115 ns5:Non-currentFinancialInstruments 2025-04-30 10878115 ns5:ShareCapital 2026-04-30 10878115 ns5:ShareCapital 2025-04-30 10878115 ns5:FurtherSpecificReserve1ComponentTotalEquity 2026-04-30 10878115 ns5:FurtherSpecificReserve1ComponentTotalEquity 2025-04-30 10878115 ns5:RetainedEarningsAccumulatedLosses 2026-04-30 10878115 ns5:RetainedEarningsAccumulatedLosses 2025-04-30 10878115 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-04-30 10878115 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-30 10878115 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2026-04-30 10878115 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-04-30 10878115 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2026-04-30 10878115 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-04-30 10878115 ns5:DeferredTaxation 2025-04-30 10878115 ns5:DeferredTaxation 2026-04-30

REGISTERED NUMBER: 10878115 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30TH APRIL 2026 |

| FOR |

| SHUM DEV PROPERTIES LTD |

| SHUM DEV PROPERTIES LTD (REGISTERED NUMBER: 10878115) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2026

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| SHUM DEV PROPERTIES LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 30TH APRIL 2026

| DIRECTORS: | Dr S Dev

| Mrs T R Dev

| REGISTERED OFFICE: | c/o Michael Heaven & Associates Limited

| 47 Calthorpe Road

| Edgbaston

| BIRMINGHAM

| West Midlands

| B15 1TH

| REGISTERED NUMBER: | 10878115 (England and Wales)

| ACCOUNTANTS: | Michael Heaven & Associates Limited

| Chartered Certified Accountants

| 47 Calthorpe Road

| Edgbaston

| BIRMINGHAM

| B15 1TH

| BANKERS: | NatWest Bank PLC

| Finchley Central 48 Ballards Lane

| London

| N3 2GZ

| INCORPORATED: | 21st July 2017

| SHUM DEV PROPERTIES LTD (REGISTERED NUMBER: 10878115) |

ABRIDGED BALANCE SHEET

30TH APRIL 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investments | 4 | 7,816 |  | 3,987 |  |

Investment property | 5 | 1,290,000 |  | 1,186,000 |  |

1,297,816 |  | 1,189,987 |  |

CURRENT ASSETS

Debtors | 1,063 |  | 1,570 |  |

Cash at bank | 4,767 |  | 2,372 |  |

5,830 |  | 3,942 |  |

CREDITORS

Amounts falling due within one year | 517,470 |  | 501,796 |  |

NET CURRENT LIABILITIES | (511,640 | ) | (497,854 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 786,176 |  | 692,133 |  |

CREDITORS

Amounts falling due after more than one year | 6 | (637,543 | ) | (654,680 | ) |

PROVISIONS FOR LIABILITIES | 9 | (31,908 | ) | (5,806 | ) |

NET ASSETS | 116,725 |  | 31,647 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Undistributable revenue

reserve | 102,377 |  | 30,285 |  |

Retained earnings | 14,248 |  | 1,262 |  |

SHAREHOLDERS' FUNDS | 116,725 |  | 31,647 |  |

| SHUM DEV PROPERTIES LTD (REGISTERED NUMBER: 10878115) |

ABRIDGED BALANCE SHEET - continued

30TH APRIL 2026

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2026 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30th April 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 1st July 2026 and were signed on its behalf by:

Dr S Dev - Director

| SHUM DEV PROPERTIES LTD (REGISTERED NUMBER: 10878115) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2026

1. | STATUTORY INFORMATION

| Shum Dev Properties 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 represents net rents received from residential property letting.

| Investment properties

| Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

| Financial instruments

| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

| 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.

| SHUM DEV PROPERTIES LTD (REGISTERED NUMBER: 10878115) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH APRIL 2026

2. | ACCOUNTING POLICIES - continued

| 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.

| Debtors

| Short term debtors are measured at transaction price, less any impairment.

| Creditors

| Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2025 - NIL).

4. | FIXED ASSET INVESTMENTS

| Information on investments other than loans is as follows:

| Totals

£ |

| COST OR VALUATION

| At 1st May 2025 | 3,987 |  |

| Additions | 3,000 |  |

| Revaluations | 829 |  |

| At 30th April 2026 | 7,816 |  |

| NET BOOK VALUE

| At 30th April 2026 | 7,816 |  |

| At 30th April 2025 | 3,987 |  |

| SHUM DEV PROPERTIES LTD (REGISTERED NUMBER: 10878115) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH APRIL 2026

4. | FIXED ASSET INVESTMENTS - continued

| Cost or valuation at 30th April 2026 is represented by:

| Totals

£ |

| Valuation in 2024 | 10 |  |

| Valuation in 2025 | (23 | ) |

| Valuation in 2026 | 829 |  |

| Cost | 7,000 |  |

7,816 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1st May 2025 | 1,186,000 |  |

| Revaluations | 104,000 |  |

| At 30th April 2026 | 1,290,000 |  |

| NET BOOK VALUE

| At 30th April 2026 | 1,290,000 |  |

| At 30th April 2025 | 1,186,000 |  |

| Fair value at 30th April 2026 is represented by:

£ |

| Valuation in 2025 | 36,091 |  |

| Valuation in 2026 | 104,000 |  |

| Cost | 1,149,909 |  |

1,290,000 |  |

| In the directors' opinion the current carrying value of investment properties is reflective of the current market values.

| SHUM DEV PROPERTIES LTD (REGISTERED NUMBER: 10878115) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH APRIL 2026

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |

2026 | 2025 |

£ | £ |

| Repayable by instalments

| Mortgages | 560,038 |  | 580,849 |  |

7. | LOANS

| An analysis of the maturity of loans is given below:

2026 | 2025 |

£ | £ |

| Amounts falling due within one year or on demand:

| Mortgages | 17,136 |  | 16,325 |  |

| Amounts falling due between one and two years:

| Mortgages | 17,988 |  | 17,136 |  |

| Amounts falling due between two and five years:

| Mortgages | 59,517 |  | 56,695 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Mortgages | 560,038 |  | 580,849 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2026 | 2025 |

£ | £ |

| Mortgages | 560,038 |  | 580,849 |  |

| There are fixed charges over the company in relation to the mortgages including a charge against the investment properties.

| SHUM DEV PROPERTIES LTD (REGISTERED NUMBER: 10878115) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH APRIL 2026

9. | PROVISIONS FOR LIABILITIES

2026 | 2025 |

£ | £ |

| Deferred tax | 31,908 |  | 5,806 |  |

| Deferred |

| tax |

£ |

| Balance at 1st May 2025 | 5,806 |  |

| Deferred tax | 26,102 |  |

| Balance at 30th April 2026 | 31,908 |  |

| Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

| A provision for annual leave accrued by employees as a result of services rendered in the current period, and which employees are entitled to carry forward and use within the next 12 months is recognised. The provision is measured at the salary cost payable for the period of absence.

10. | RELATED PARTY DISCLOSURES

| As at the year end the amount due to the directors totalled £457,159.

| There was an amount of £38,978 due to a company with the same directors.