BrightAccountsProduction v1.0.0 v1.0.0 2024-11-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company in the year under review was that of the letting, maintenance and refurbishment of private and commercial properties owned by the company. 28 July 2026 4 5 02862778 2025-10-31 02862778 2024-10-31 02862778 2023-10-31 02862778 2024-11-01 2025-10-31 02862778 2023-11-01 2024-10-31 02862778 uk-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 02862778 uk-curr:PoundSterling 2024-11-01 2025-10-31 02862778 uk-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 02862778 uk-bus:FullAccounts 2024-11-01 2025-10-31 02862778 uk-core:ShareCapital 2025-10-31 02862778 uk-core:ShareCapital 2024-10-31 02862778 uk-core:OtherReservesSubtotal 2025-10-31 02862778 uk-core:OtherReservesSubtotal 2024-10-31 02862778 uk-core:RetainedEarningsAccumulatedLosses 2025-10-31 02862778 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 02862778 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-10-31 02862778 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-10-31 02862778 uk-bus:FRS102 2024-11-01 2025-10-31 02862778 uk-core:CurrentFinancialInstruments 2025-10-31 02862778 uk-core:CurrentFinancialInstruments 2024-10-31 02862778 uk-core:WithinOneYear 2025-10-31 02862778 uk-core:WithinOneYear 2024-10-31 02862778 uk-core:WithinOneYear 2025-10-31 02862778 uk-core:WithinOneYear 2024-10-31 02862778 uk-core:AfterOneYear 2025-10-31 02862778 uk-core:AfterOneYear 2024-10-31 02862778 uk-core:BetweenOneTwoYears 2025-10-31 02862778 uk-core:BetweenOneTwoYears 2024-10-31 02862778 uk-core:EmployeeBenefits 2024-10-31 02862778 uk-core:EmployeeBenefits 2024-11-01 2025-10-31 02862778 uk-core:AcceleratedTaxDepreciationDeferredTax 2025-10-31 02862778 uk-core:TaxLossesCarry-forwardsDeferredTax 2025-10-31 02862778 uk-core:OtherDeferredTax 2025-10-31 02862778 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2025-10-31 02862778 uk-core:EmployeeBenefits 2025-10-31 02862778 2024-11-01 2025-10-31 02862778 uk-bus:Director1 2024-11-01 2025-10-31 02862778 uk-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: 02862778

March Developments Ltd.

Unaudited Financial Statements

for the financial year ended 31 October 2025

March Developments Ltd.

Company Registration Number: 02862778

STATEMENT OF FINANCIAL POSITION

as at 31 October 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Non-Current Assets

Investment properties |  | 4 | 2,777,730 |  | 2,602,730
|  |  | ───────── |  | ─────────
Current Assets

Receivables |  | 5 | 3,708 |  | 10,624
Cash and cash equivalents |  |  | 15,857 |  | 2,450
|  |  | ───────── |  | ─────────
|  |  | 19,565 |  | 13,074
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  | 6 | (608,407) |  | (585,310)
|  |  | ───────── |  | ─────────
Net Current Liabilities |  |  | (588,842) |  | (572,236)
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 2,188,888 |  | 2,030,494
Creditors:

amounts falling due after more than one year |  | 7 | (20,755) |  | (49,438)
Provisions for liabilities |  | 9 | (450,810) |  | (407,060)
|  |  | ───────── |  | ─────────
Net Assets |  |  | 1,717,323 |  | 1,573,996
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 2 |  | 2
Other reserves |  |  | 1,352,427 |  | 1,221,179
Retained earnings |  |  | 364,894 |  | 352,815
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 1,717,323 |  | 1,573,996
|  |  | ═════════ |  | ═════════
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Income Statement and Directors' Report.

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 28 July 2026 and signed on its behalf by

________________________________ |  |  |  |  |
James Old |  |  |  |  |
Director |  |  |  |  |

March Developments Ltd.

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 October 2025

1. | General Information
| March Developments Ltd. is a company limited by shares incorporated and registered in England. The registered number of the company is 02862778. The registered office of the company is 151 to 157 High Street, Strood, Rochester, Kent, ME2 4TH which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the financial year ended 31 October 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Investment properties
| Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Income Statement as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Income Statement.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

3. | Employees
|  | 2025 | 2024
|  | Number | Number
| Average number of persons employed | 4 | 5
|  | ═════════ | ═════════

4. | Investment Properties
|  | Investment
|  | properties
|  | £
| Valuation
| At 1 November 2024 | 2,602,730
| Additions | 175,000
|  | ─────────
| At 31 October 2025 | 2,777,730
|  | ─────────
| Net book value
| At 31 October 2025 | 2,777,730
|  | ═════════
| At 31 October 2024 | 2,602,730
|  | ═════════

5. | Receivables | 2025 | 2024
|  | £ | £
| Trade receivables | 2,658 | 10,440
| Prepayments and accrued income | 1,050 | 184
|  | ───────── | ─────────
|  | 3,708 | 10,624
|  | ═════════ | ═════════

6. | Creditors | 2025 | 2024
| Amounts falling due within one year | £ | £
| Bank loan | 27,957 | 17,375
| Trade creditors | - | 200
| Taxation | 3,503 | 7,888
| Other creditors | 570,196 | 558,313
| Accruals | 6,751 | 1,534
|  | ───────── | ─────────
|  | 608,407 | 585,310
|  | ═════════ | ═════════

7. | Creditors | 2025 | 2024
| Amounts falling due after more than one year | £ | £
| Bank loan | 20,755 | 49,438
|  | ═════════ | ═════════
| Loans
| Repayable in one year or less, or on demand (Note 6) | 27,957 | 17,375
| Repayable between one and two years | 20,755 | 49,438
|  | ───────── | ─────────
|  | 48,712 | 66,813
|  | ═════════ | ═════════

8. | Details of creditors | 2025 | 2024
|  | £ | £
| Debts falling due for repayment after the end of five years
| Creditors repayable by instalments:
| Secured Debt | 48,712 | 66,813
|  | ═════════ | ═════════
| Security given in respect of creditors
| The secured debt is secured against 10 Copperfield Road and 1 Dombey Close.

9. | Provisions for liabilities
|  | Capital | Total | Total
|  | allowances |  |
|  |  | 2025 | 2024
|  | £ | £ | £
| At financial year start | 407,060 | 407,060 | 353,877
| Charged to profit and loss | 43,750 | 43,750 | 53,183
|  | ───────── | ───────── | ─────────
| At financial year end | 450,810 | 450,810 | 407,060
|  | ═════════ | ═════════ | ═════════

10. | Related Party Disclosures
| Included within other debtors is a balance of £1,893 (2024: £11,698) due from Computer Cabs Ltd, a company under the control of the director, James Old. The loan is interest free, unsecured and repayable on demand. Computer Cabs Ltd was dissolved after the year end, and the outstanding balance remains unpaid at the date of approval of these financial statements.