IRIS Accounts Production v26.1.10.61 10387898 Board of Directors Board of Directors 1.10.24 30.9.25 30.9.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 10387898 2024-09-30 10387898 2025-09-30 10387898 2024-10-01 2025-09-30 10387898 2023-09-30 10387898 2023-10-01 2024-09-30 10387898 2024-09-30 10387898 ns15:EnglandWales 2024-10-01 2025-09-30 10387898 ns14:PoundSterling 2024-10-01 2025-09-30 10387898 ns10:Director1 2024-10-01 2025-09-30 10387898 ns10:Director2 2024-10-01 2025-09-30 10387898 ns10:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 10387898 ns10:SmallEntities 2024-10-01 2025-09-30 10387898 ns10:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 10387898 ns10:SmallCompaniesRegimeForDirectorsReport 2024-10-01 2025-09-30 10387898 ns10:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 10387898 ns10:FullAccounts 2024-10-01 2025-09-30 10387898 ns10:RegisteredOffice 2024-10-01 2025-09-30 10387898 ns5:CurrentFinancialInstruments 2025-09-30 10387898 ns5:CurrentFinancialInstruments 2024-09-30 10387898 ns5:ShareCapital 2025-09-30 10387898 ns5:ShareCapital 2024-09-30 10387898 ns5:RetainedEarningsAccumulatedLosses 2025-09-30 10387898 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 10387898 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-09-30 10387898 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-09-30

REGISTERED NUMBER: 10387898 (England and Wales)

| Hay Common Developments Ltd |

| Unaudited Financial Statements |

| for the Year Ended 30 September 2025 |

| Hay Common Developments Ltd (Registered number: 10387898) |

Contents of the Financial Statements

for the Year Ended 30 September 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| Hay Common Developments Ltd |

Company Information

for the Year Ended 30 September 2025

| DIRECTORS: | M W Davey

| M Scoble

| REGISTERED OFFICE: | Trethorne Business Park

| Kennards House

| Launceston

| Cornwall

| PL15 8QE

| REGISTERED NUMBER: | 10387898 (England and Wales)

| ACCOUNTANTS: | ATC Advisors

| Chartered Accountants

| Unit 2 Dunheved Court

| Pennygillam Way

| LAUNCESTON

| Cornwall

| PL15 7ED

| Hay Common Developments Ltd (Registered number: 10387898) |

Statement of Financial Position

30 September 2025

| 2025 |  | 2024

| Notes | £ | £ |

CURRENT ASSETS

Stocks | 4 | 3,506,803 |  | 2,806,169 |  |

Debtors | 5 | 1,557,157 |  | 1,983,049 |  |

Cash at bank | 312,592 |  | 38,562 |  |

5,376,552 |  | 4,827,780 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,541,885 |  | 1,015,878 |  |

NET CURRENT ASSETS | 3,834,667 |  | 3,811,902 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,834,667 |  | 3,811,902 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Retained earnings | 3,834,665 |  | 3,811,900 |  |

3,834,667 |  | 3,811,902 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 20 July 2026 and were signed on its behalf by:

M Scoble - Director

M W Davey - Director

| Hay Common Developments Ltd (Registered number: 10387898) |

Notes to the Financial Statements

for the Year Ended 30 September 2025

1. | STATUTORY INFORMATION

| Hay Common 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.

| Revenue recognition

| Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts.

| The company recognises revenue when:

| The amount of revenue can be reliably measured;

| It is probably that future economic benefits will flow to the entity;

| And specific criteria have been met for each of the company's activities.

| Stocks

| The cost of work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately 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 statement of financial position date.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | STOCKS

2025 | 2024 |

£ | £ |

| Work-in-progress | 3,506,803 |  | 2,806,169 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 446,854 |  | 791,804 |  |

| Other debtors | 1,110,303 |  | 1,191,245 |  |

1,557,157 |  | 1,983,049 |  |

| Hay Common Developments Ltd (Registered number: 10387898) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 581,975 |  | 322,077 |  |

| Amounts owed to group undertakings | 929,345 |  | 549,345 |  |

| Taxation and social security | 6,932 |  | 120,823 |  |

| Other creditors | 23,633 |  | 23,633 |  |

1,541,885 |  | 1,015,878 |  |

7. | CHARGES

| A charge for Cornwall Council was created on 15th July 2020 for a negative pledge on the land at Hay Common, together with rights of access.

8. | RELATED PARTY DISCLOSURES

| The company has borrowings from its shareholders which are outstanding. These balances are included within creditors as follows:

| Brownbrink Ltd - £864,673 (2024 - £474,673)

| M Scoble Construction Limited - £64,673 (2024 - £74,673)