Silwood Street Developments Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13664816

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	15,130,906		20,633,190
Debtors	5	188,288		376

		15,319,194		20,633,566
Creditors: Amounts Falling Due Within One Year	6	(2,454,104 )		(2,518,801 )

NET CURRENT ASSETS (LIABILITIES)			12,865,090		18,114,765

TOTAL ASSETS LESS CURRENT LIABILITIES			12,865,090		18,114,765

Creditors: Amounts Falling Due After More Than One Year	7		(16,756,545 )		(21,431,115 )

NET LIABILITIES			(3,891,455 )		(3,316,350 )

CAPITAL AND RESERVES
Called up share capital	8		50		50
Profit and Loss Account			(3,891,505 )		(3,316,400 )

SHAREHOLDERS' FUNDS			(3,891,455)		(3,316,350)

Page 1

Page 2

Silwood Street Developments Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 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 Rowan Stewart

Director

03/08/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Silwood Street Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13664816 . The registered office is Angels House, 5 Albemarle Road, Beckenham, Kent, BR3 5HZ.

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.

2.2. Turnover

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 and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

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

4. Stocks

	2025	2024
	£	£
Stock	15,130,906	20,633,190

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	28,287	-
Retention	118,500	-
Intercompany	326	326
VAT	41,175	50

	188,288	376

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Page 4

Silwood Street Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	1,924,882	1,924,882
Inter-company	526,722	592,619
Accruals and deferred income	2,500	1,300

	2,454,104	2,518,801

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	16,534,545	21,209,115
Other loans	222,000	222,000

	16,756,545	21,431,115

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	50	50

9. Related Party Transactions

Included in the Other Creditors are amounts owed to companies under the control of the directors Mr R Stewart, Mr A Major, Mr A Waters & Mr G Seaman. No repayment terms have been set and no interest is to be charged;

Featherstone Homes (Southeast) Ltd - £419,934 (2024 - £418,634)

Featherstone Group Holdings Southeast Ltd - £106,788 (2024 - £173,984)

Included in the Other Debtors are amounts owed from companies under the control of the directors Mr R Stewart, Mr A Major, Mr A Waters & Mr G Seaman. No repayment terms have been set and no interest is to be charged;

Silwood Street Developments Holdings Ltd - £326 (2024 - £326)

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