REGISTERED NUMBER: 03627247 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

WEALDOVAL DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

H F Bridgland

C O Bridgland

S L Coles

T C Lawson

SECRETARY:

C O Bridgland

REGISTERED OFFICE:

Metlands

Curtisden Green

Goudhurst

Kent

TN17 1LW

REGISTERED NUMBER:

03627247 (England and Wales)

ACCOUNTANTS:

BSR Bespoke Chartered Accountants

Linden House

Linden Close

Tunbridge Wells

Kent

TN4 8HH

FIXED ASSETS

Tangible assets

4

8,607

12,185

Investments

5

50

50

Investment property

6

3,847,792

3,532,369

3,856,449

3,544,604

CURRENT ASSETS

Debtors

7

3,075

20,552

Cash at bank and in hand

524,712

514,156

527,787

534,708

CREDITORS

Amounts falling due within one year

8

894,837

848,686

NET CURRENT LIABILITIES

(367,050

)

(313,978

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,489,399

3,230,626

PROVISIONS FOR LIABILITIES

183,494

119,580

NET ASSETS

3,305,905

3,111,046

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

3,305,705

3,110,846

SHAREHOLDERS' FUNDS

3,305,905

3,111,046

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 30 July 2026 and were signed on its behalf by:

H F Bridgland - Director

1.	STATUTORY INFORMATION

Wealdoval 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

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

Turnover is recognised when it is probable that future economic benefits will flow to the company from its lease agreements and is measured as the fair value of consideration which the company expects to receive from those transactions. Turnover represents rental income from operating leases and is recognised on a straight line basis over the term of the lease. Lease incentives which are granted are included as part of the net consideration for the use of the property leased and are also recognised on a straight line basis.

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

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

Financial instruments

Basic financial instruments are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

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 defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

9,960

32,435

5,224

47,619

DEPRECIATION

At 1 April 2025

9,826

21,317

4,291

35,434

Charge for year

134

2,780

664

3,578

At 31 March 2026

9,960

24,097

4,955

39,012

NET BOOK VALUE

At 31 March 2026

-

8,338

269

8,607

At 31 March 2025

134

11,118

933

12,185

5.	FIXED ASSET INVESTMENTS

Interest

in joint

venture

£

COST

At 1 April 2025

and 31 March 2026

50

NET BOOK VALUE

At 31 March 2026

50

At 31 March 2025

50

The company owns 50% of the ordinary share capital of Lamberts Park (Management) Limited, a company established in England and Wales.

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

3,532,369

Disposals

(10,997

)

Revaluations

326,420

At 31 March 2026

3,847,792

NET BOOK VALUE

At 31 March 2026

3,847,792

At 31 March 2025

3,532,369

Investment property comprises five (2025 - five) sites. The fair value of the investment property has been confirmed by the directors on an open market value basis by reference to market evidence of transaction prices for similar properties.

Fair value at 31 March 2026 is represented by:

£

Valuation in 2003

180,960

Valuation in 2011

243,625

Valuation in 2025

73,694

Valuation in 2026

326,420

Cost

3,023,093

3,847,792

If investment property had not been revalued it would have been included at the following historical cost:

31.3.26

31.3.25

£

£

Cost

3,023,093

3,034,090

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

-

17,031

Prepayments

3,075

3,521

3,075

20,552

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Corporation tax

2,723

45,059

Social security and other taxes

235

89

VAT

11,786

12,621

Other creditors

50

50

Directors' loan accounts

796,203

695,806

Accruals and deferred income

83,840

95,061

894,837

848,686

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wealdoval Developments Limited for the year ended 31 March 2026 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Wealdoval Developments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wealdoval Developments Limited and state those matters that we have agreed to state to the Board of Directors of Wealdoval Developments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wealdoval Developments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Wealdoval Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Wealdoval Developments Limited. You consider that Wealdoval Developments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Wealdoval Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

BSR Bespoke Chartered Accountants

Linden House

Linden Close

Tunbridge Wells

Kent

TN4 8HH

30 July 2026