Registration number: 10008899

Tower Hill Developments Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Tower Hill Developments Ltd

(Registration number: 10008899)
Balance Sheet as at 28 February 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	2,199	2,932
Current assets
Debtors	5	111,774	90,169
Cash at bank and in hand		51	3,057
		111,825	93,226
Creditors: Amounts falling due within one year	6	(26,115)	(3,712)
Net current assets		85,710	89,514
Net assets		87,909	92,446
Capital and reserves
Called up share capital		100	100
Retained earnings		87,809	92,346
Shareholders' funds		87,909	92,446

For the financial year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 23 April 2026
 

......................................... A G Keevil Director

Tower Hill Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Tower Hill Barn
Mill Lane
Beckington
Frome
Somerset
BA11 6SN

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	25% on cost
Furniture, fixtures and fittings	25% reducing balance
Plant and machinery	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Tower Hill Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2025 - 0).

Tower Hill Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 March 2025	1,309	8,595	1,119	11,023
Disposals	-	-	(551)	(551)
At 28 February 2026	1,309	8,595	568	10,472
Depreciation
At 1 March 2025	1,096	5,876	1,119	8,091
Charge for the year	53	680	-	733
Eliminated on disposal	-	-	(551)	(551)
At 28 February 2026	1,149	6,556	568	8,273
Carrying amount
At 28 February 2026	160	2,039	-	2,199
At 28 February 2025	213	2,719	-	2,932

5

Debtors

	2026 £	2025 £
Other debtors	87,169	87,169
Prepayments	24,605	3,000
	111,774	90,169

Tower Hill Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

6

Creditors

Amounts falling due within one year

	2026 £	2025 £
Due within one year
Accruals and deferred income	570	630
Loan from director	25,545	3,082
	26,115	3,712

7	Related party transactions

At the Balance Sheet date the company was owed £87,169 (2025: £87,169) by a company in which the director and shareholder owns a controlling share.