REGISTERED NUMBER: 04004325 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

STONELODGE DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

G A Brooke

M J C Brooke

SECRETARY:

M J C Brooke

REGISTERED OFFICE:

Brooke House

The Broadway

Trusham

Newton Abbot

Devon

TQ13 0NR

REGISTERED NUMBER:

04004325 (England and Wales)

ACCOUNTANTS:

Sheppard Rockey & Williams Ltd

Sannerville Chase

Exminster

Exeter

Devon

EX6 8AT

FIXED ASSETS

Intangible assets

4

76,028

101,372

Tangible assets

5

32,716

45,515

Investment property

6

511,357

511,357

620,101

658,244

CURRENT ASSETS

Stocks

40,000

35,000

Debtors

7

49,604

43,791

Cash at bank and in hand

236,128

55,169

325,732

133,960

CREDITORS

Amounts falling due within one year

8

602,113

550,536

NET CURRENT LIABILITIES

(276,381

)

(416,576

)

TOTAL ASSETS LESS CURRENT LIABILITIES

343,720

241,668

PROVISIONS FOR LIABILITIES

8,179

11,256

NET ASSETS

335,541

230,412

CAPITAL AND RESERVES

Called up share capital

9

198

198

Retained earnings

10

335,343

230,214

SHAREHOLDERS' FUNDS

335,541

230,412

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 13 July 2026 and were signed on its behalf by:

G A Brooke - Director

1.	STATUTORY INFORMATION

Stonelodge Developments Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

25% on cost

Plant and equipment

-

15% on cost

Office equipment

-

25% on cost

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.

Stocks and work in progress

Stocks are valued at the lower of cost and net realisable value.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The accounts have been prepared on a going concern basis. The directors are of the opinion that sufficient finance will be available to enable the company to continue trading for at least one year after the date of the approval of these accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

253,436

AMORTISATION

At 1 April 2025

152,064

Amortisation for year

25,344

At 31 March 2026

177,408

NET BOOK VALUE

At 31 March 2026

76,028

At 31 March 2025

101,372

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Office

Motor

property

equipment

equipment

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2025

5,373

18,160

3,476

39,137

66,146

Additions

-

970

-

-

970

At 31 March 2026

5,373

19,130

3,476

39,137

67,116

DEPRECIATION

At 1 April 2025

1,343

6,436

3,068

9,784

20,631

Charge for year

1,343

2,475

167

9,784

13,769

At 31 March 2026

2,686

8,911

3,235

19,568

34,400

NET BOOK VALUE

At 31 March 2026

2,687

10,219

241

19,569

32,716

At 31 March 2025

4,030

11,724

408

29,353

45,515

6.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2025

and 31 March 2026

511,357

NET BOOK VALUE

At 31 March 2026

511,357

At 31 March 2025

511,357

The investment properties were valued on an open market basis on 31 March 2026 by G A Brooke, director.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

42,894

31,656

Other debtors

6,710

12,135

49,604

43,791

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

1,454

2,164

Taxation and social security

61,692

28,128

Other creditors

538,967

520,244

602,113

550,536

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

99

Ordinary Class A

1

99

99

99

Ordinary Class B

1

99

99

198

198

10.

RESERVES

On the disposal of the revalued property, reserves at 31 March 2025 include a realised revaluation reserve of £72,912.

11.	RELATED PARTY DISCLOSURES

Included in other creditors falling due within one year are loan accounts from directors with participating interests in the shares of the company of £506,730 (2025: £491,801). The loans are unsecured, repayable on demand and attract interest at a market rate.