Park House Farm Developments (Kent) Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 11063036

		31 October 2025		31 October 2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	-		2,429,043
Debtors	5	100,905		-
Cash at bank and in hand		147,818		15,033

		248,723		2,444,076
Creditors: Amounts Falling Due Within One Year	6	(10,913 )		(1,718,904 )

NET CURRENT ASSETS (LIABILITIES)			237,810		725,172

TOTAL ASSETS LESS CURRENT LIABILITIES			237,810		725,172

Creditors: Amounts Falling Due After More Than One Year	7		-		(525,283 )

NET ASSETS			237,810		199,889

CAPITAL AND RESERVES
Called up share capital	8		4		4
Profit and Loss Account			237,806		199,885

SHAREHOLDERS' FUNDS			237,810		199,889

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Glenn Codd

Director

20th July 2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Park House Farm Developments (Kent) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11063036 . The registered office is 16 Collard Road, Willesborough, Ashford, Kent, TN24 0JR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Revenue from the sale of residential developments, investment properties, and land is recognised when contracts have been exchanged during the year, provided that no material conditions remain outstanding at the balance sheet date and all such conditions are fully satisfied prior to the approval of the financial statements.

Full provision is made for all known or expected losses on developments as soon as such losses are foreseen.

2.3. Stocks and Work in Progress

Land and property developments are stated at the lower of cost and net realisable value. Cost includes the purchase price, directly attributable expenses, and interest on specific finance raised for the development.

The Company capitalises borrowing costs once development activity has commenced and continues to do so until practical completion. Borrowing costs are capitalised based on the actual finance costs incurred on the related borrowings during the year.

Net realisable value represents the estimated selling price less all estimated costs to completion and costs necessary to make the sale.

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 2)

4. Stocks

	31 October 2025	31 October 2024
	£	£
Work in progress	-	2,429,043

5. Debtors

	31 October 2025	31 October 2024
	£	£
Due within one year
Other debtors	405	-
Due after more than one year
Other debtors	100,500	-

	100,905	-

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Park House Farm Developments (Kent) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

6. Creditors: Amounts Falling Due Within One Year

	31 October 2025	31 October 2024
	£	£
Bank loans and overdrafts	-	1,718,279
Other creditors	1,084	550
Taxation and social security	9,829	75

	10,913	1,718,904

7. Creditors: Amounts Falling Due After More Than One Year

	31 October 2025	31 October 2024
	£	£
Other creditors	-	130,000
Directors' loan account	-	395,283

	-	525,283

8. Share Capital

	31 October 2025	31 October 2024
	£	£
Allotted, Called up and fully paid	4	4

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