REGISTERED NUMBER: 13341736 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2026

for

Honor Developments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs K Honor

Mr C Honor

REGISTERED OFFICE:

17 Lower Redland Road

Redland

Bristol

BS6 6TB

REGISTERED NUMBER:

13341736 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Investment property

4

399,159

399,159

CURRENT ASSETS

Debtors

5

-

1,200

Cash in hand

6,994

13,539

6,994

14,739

CREDITORS

Amounts falling due within one year

6

413,175

421,571

NET CURRENT LIABILITIES

(406,181

)

(406,832

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(7,022

)

(7,673

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

(7,122

)

(7,773

)

SHAREHOLDERS' FUNDS

(7,022

)

(7,673

)

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

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

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 25 June 2026 and were signed on its behalf by:

Mrs K Honor - Director

1.	STATUTORY INFORMATION

Honor 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.

The financial statements are presented in Pounds Sterling (£), which is the Company's functional and presentation currency.

Critical accounting judgements and key sources of estimation uncertainty

The directors consider that there are no critical judgements or key sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents rental income receivable from investment properties and is recognised on a straight-line basis over the term of the lease

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Going concern

The company is dependent upon the continued financial support of its related undertaking, Honor Properties Ltd. The balance owed is repayable on demand; however, the directors have agreed that this support will not be withdrawn for at least 12 months form the date of approval of these financial statements.

On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2025

and 30 April 2026

399,159

NET BOOK VALUE

At 30 April 2026

399,159

At 30 April 2025

399,159

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade debtors

-

1,200

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade creditors

1,800

-

VAT

4,121

4,352

Other creditors

406,559

416,559

Accruals and deferred income

695

660

413,175

421,571

7.	SECURED DEBTS

The Company had no secured liabilities at the balance sheet date.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.26

30.4.25

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 May 2025

(7,773

)

Profit for the year

651

At 30 April 2026

(7,122

)

10.	CONTINGENT LIABILITIES

The Company had no contingent liabilities at the balance sheet date.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

No related party transactions with directors were undertaken during the year.

12.	RELATED PARTY DISCLOSURES

At the balance sheet date, the Company owed £406,559 - (2025 £416,559) to Honor Properties Ltd. This Company is under common control. The balance is unsecured, interest-free and repayable on demand.

13.	POST BALANCE SHEET EVENTS

There have been no events after the balance sheet date affecting the Company since the financial period.