REGISTERED NUMBER: 01095016 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Compton Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P Ballard

Mrs N Thomas

Mr M D French

REGISTERED OFFICE:

45/51, Wychtree Street

Morriston

Swansea

West Glamorgan

SA6 8EX

REGISTERED NUMBER:

01095016 (England and Wales)

ACCOUNTANTS:

Cambrian & Co Ltd

Chartered Accountants

13a Victoria Gardens

Neath

West Glamorgan

SA11 3AY

FIXED ASSETS

Tangible assets

4

1,464

1

Investments

5

5,000

5,000

6,464

5,001

CURRENT ASSETS

Stocks

1,941,587

173,211

Debtors

6

512,145

568,298

Cash at bank

21,129

15,953

2,474,861

757,462

CREDITORS

Amounts falling due within one year

7

2,069,752

69,161

NET CURRENT ASSETS

405,109

688,301

TOTAL ASSETS LESS CURRENT LIABILITIES

411,573

693,302

CREDITORS

Amounts falling due after more than one year

8

29,922

-

NET ASSETS

381,651

693,302

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

381,551

693,202

SHAREHOLDERS' FUNDS

381,651

693,302

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 1 July 2026 and were signed on its behalf by:

Mr P Ballard - Director

1.	STATUTORY INFORMATION

Compton 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income on private housing sales is recognised only on the legal completion of the sale regardless of whether a contract exchange has taken place.

Tangible fixed assets

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

Plant and machinery etc

-

15% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 self administered pension scheme. The funds are valued every three years by a professionally qualified independent actuary, the rates of contribution payable being determined by the actuary. Pension costs are accounted for on the basis of charging the expected cost of providing pensions over the period during which the company benefits from the employees' services.

Investments

Fixed asset investments are shown at cost incurred less provision for impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 November 2024

5,678

66,348

363

72,389

Additions

-

-

1,800

1,800

At 31 October 2025

5,678

66,348

2,163

74,189

DEPRECIATION

At 1 November 2024

5,678

66,347

363

72,388

Charge for year

-

-

337

337

At 31 October 2025

5,678

66,347

700

72,725

NET BOOK VALUE

At 31 October 2025

-

1

1,463

1,464

At 31 October 2024

-

1

-

1

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 November 2024

and 31 October 2025

5,000

NET BOOK VALUE

At 31 October 2025

5,000

At 31 October 2024

5,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Compton Property Management

Registered office: 45-51 Wychtree Street, Morriston, Swansea, SA6 8EX

Nature of business: Property Management

%

Class of shares:

holding

Ordinary

100.00

31.10.25

31.10.24

£

£

Aggregate capital and reserves

2,795,825

2,842,582

(Loss)/profit for the year

(40,937

)

5,953

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

-

57,559

Sundry debtors

1,896

-

VAT

5,164

7,687

Deferred tax asset

499,319

499,319

Prepayments and accrued income

-

3,733

Prepayments

5,766

-

512,145

568,298

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Social security and other taxes

6,857

2,664

Other creditors

5,798

6,602

Related companies

2,041,529

40,409

Accrued expenses

15,568

19,486

2,069,752

69,161

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Accruals and deferred income

29,922

-

9.	RELATED PARTY DISCLOSURES

Included in creditors is an amount of £2,041,529 (2024 £40,409) due from associated company Tapestart Ltd. Tapestart Ltd acts as a clearing house for intercompany transactions between associated companies under common control.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr P Ballard.