A & L Developments Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12238383

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Stocks	4	4,534,750		5,620,442
Debtors	5	1,447,028		1,505,643
Cash at bank and in hand		991		4,552

		5,982,769		7,130,637
Creditors: Amounts Falling Due Within One Year	6	(8,754,307 )		(8,573,232 )

NET CURRENT ASSETS (LIABILITIES)			(2,771,538 )		(1,442,595 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(2,771,538 )		(1,442,595 )

NET LIABILITIES			(2,771,538 )		(1,442,595 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(2,771,638 )		(1,442,695 )

SHAREHOLDERS' FUNDS			(2,771,538)		(1,442,595)

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A & L Developments Ltd

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 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 A M Clack

Director

31st July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

A & L Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12238383 . The registered office is 100 Boldmere Road, Sutton Coldfield, West Midlands, B73 5UB.

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

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.

As at 30 November 2025, the balance sheet reflects net current liabilities and an insolvent position of £2,771,538. The directors are of the opinion that this situation will reverse in the foreseeable future. In addition, included within creditors due within one year is an amount due to a participating interest amounting to £8,542,500, and they have given their assurance that they will not request repayment until the company has sufficient funds to do so. As such, the directors consider the going concern basis of preparation to be appropriate.

2.2. Turnover

Turnover represents the amounts receivable from the sale of land and property held as work in progress in the ordinary course of business, net of value added tax and trade discounts.

Revenue is recognised when control of the property has transferred to the purchaser, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company, and the costs incurred or to be incurred in respect of the transaction can be measured reliably. For property sales, this is generally on legal completion, when the significant risks and rewards of ownership have passed to the purchaser.

Work in progress comprises land and property acquired or developed for resale and is recognised as inventory until the point at which the related sale is recognised as turnover.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Following a third party valuation, an amount of £1,297,996 was written down due to impairment of work in progress (2024: £1,281,517).

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A & L Developments Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.4. 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 the 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.

3. Average Number of Employees

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

4. Stocks

	2025	2024
	£	£
Work in progress	4,534,750	5,620,442

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	7,028	5,643
Other debtors	1,440,000	1,500,000

	1,447,028	1,505,643

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A & L Developments Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	55,665	174,971
Other loans	1,500,000	1,500,000
Other creditors	7,042,500	6,682,000
Accrued expenses	147,563	216,261
Directors' loan accounts	8,579	-

	8,754,307	8,573,232

7. Secured Creditors

The following secured debts are included within creditors, by way of a charge over the property:

	2025		2024
	£		£
Other Creditors	1,500,000		1,500,000

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

9. Directors Advances, Credits and Guarantees

The following advances and credits to directors subsisted during the year ended 30 November 2025:

	As at 1 December 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 November 2025
	£	£	£	£	£
Mr Alexander Clack	-	-	(8,579 )	-	(8,579 )

No interest is charged on loans from directors. Amounts are repayable on demand.

10. Related Party Transactions

During the year, the company received goods and services from a company which holds 50% of the issued share capital of A & L Developments Ltd amounting to £312,304 (2024: 3,995,617).

During a previous period, the company was provided with a loan by a company which holds 50% of the issued share capital of A & L Developments Ltd. There is no specific interest rate or repayment terms. Upon repayment of the capital amount, the company will pay a fixed interest amount of £100,000 to the lender.

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