Treadwell Developments Limited


Directors	Jane Wright
	John Gary Wright


Company Secretary	Jane Wright


Registered Address	Unit 9 Hope House
	Mabgate
	Leeds
	LS9 7DR


Registered Number	00940800 (England and Wales)

Statement of Financial Position
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		187,502		201,925
Tangible assets	5		4,470,476		4,575,503
			4,657,978		4,777,428
Current assets
Debtors	6	117,564		112,317
Cash at bank and on hand		543		543
		118,107		112,860
Creditors amounts falling due within one year	7	(1,015,475)		(954,698)
Net current assets (liabilities)			(897,368)		(841,838)
Total assets less current liabilities			3,760,610		3,935,590
Provisions for liabilities	8		(4,600)		(11,600)
Net assets			3,756,010		3,923,990
Capital and reserves
Called up share capital			18,000		18,000
Share premium			42,778		42,778
Other reserves			4,222		4,222
Profit and loss account			3,691,010		3,858,990
Shareholders' funds			3,756,010		3,923,990

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 27 July 2026, and are signed on its behalf by:

John Gary Wright
Director
Registered Company No. 00940800

Treadwell Developments Limited

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Employee benefits
	The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in accruals in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

Employee benefits

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. 

Contributions to defined contribution plans are expensed in the period to which they relate.  Amounts not paid are shown in accruals in the Statement of Financial Position.  The assets of the plan are held separately from the company in independently administered funds.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	50
Plant and machinery	25	-
Fixtures and fittings	20	-
Vehicles	20	-
Office Equipment	-	3

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	5		5

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 November 24	360,580	360,580
At 31 October 25	360,580	360,580
Amortisation and impairment
At 01 November 24	158,655	158,655
Charge for year	14,423	14,423
At 31 October 25	173,078	173,078
Net book value
At 31 October 25	187,502	187,502
At 31 October 24	201,925	201,925

4.	Useful life of intangible assets
	Intangible assets are not permitted to have an indefinite life and must be amortised over their estimated useful life. The estimated useful life of Goodwill has been set at 25 years and the asset will be amortised on a straight line basis over that period.

5.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 November 24	4,943,338	168,301	41,487	18,931	5,159	5,177,216
Additions	-	-	3,884	-	695	4,579
At 31 October 25	4,943,338	168,301	45,371	18,931	5,854	5,181,795
Depreciation and impairment
At 01 November 24	414,511	162,969	9,460	9,975	4,798	601,713
Charge for year	98,867	1,333	7,117	1,791	498	109,606
At 31 October 25	513,378	164,302	16,577	11,766	5,296	711,319
Net book value
At 31 October 25	4,429,960	3,999	28,794	7,165	558	4,470,476
At 31 October 24	4,528,827	5,332	32,027	8,956	361	4,575,503

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	87,689	88,897
Other debtors	146	-
Prepayments and accrued income	29,729	23,420
Total	117,564	112,317

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	36,612	40,626
Bank borrowings and overdrafts	607,701	436,793
Taxation and social security	7,067	3,449
Other creditors	360,025	470,059
Accrued liabilities and deferred income	4,070	3,771
Total	1,015,475	954,698

8.	Provisions for liabilities
	The provision for deferred tax is made up of £4,600 (2024 - £11,600) in respect of accelerated capital allowances.

	2025	2024
	£	£
Net deferred tax liability (asset)	4,600	11,600
Total	4,600	11,600

9.	Related party transactions
	During the year the directors had a loan account with the company. At the balance sheet date the company owed the directors £357,116 (2024 - £467,166), This loan is unsecured, interest free and repayable upon demand.