REGISTERED NUMBER: 03786722 (England and Wales)

Saltend Community Development Company

Limited

Financial Statements for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A Gordon-Freeman

Mr D Smith

Mr M E Stageman

Mr A Rookes FCCA

Mr M J Lauer

REGISTERED OFFICE:

9 Market Place

Hedon

East Yorkshire

HU12 8JA

REGISTERED NUMBER:

03786722 (England and Wales)

ACCOUNTANTS:

Southgates

Chartered Certified Accountants

9 Market Place

Hedon

East Yorkshire

HU12 8JA

FIXED ASSETS

Tangible assets

4

1,977

122,316

CURRENT ASSETS

Debtors

5

238,056

273,799

Cash at bank and in hand

223,772

172,556

461,828

446,355

CREDITORS

Amounts falling due within one year

6

5,661

6,839

NET CURRENT ASSETS

456,167

439,516

TOTAL ASSETS LESS CURRENT LIABILITIES

458,144

561,832

CAPITAL AND RESERVES

Called up share capital

10

10

Revaluation Reserve

7

-

120,000

Retained earnings

7

458,134

441,822

SHAREHOLDERS' FUNDS

458,144

561,832

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2026 and were signed on its behalf by:

Mr M E Stageman - Director

1.	STATUTORY INFORMATION

Saltend Community Development Company 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 in respect of sales of services excluding discounts, rebates, value added tax and other sales taxes and interest receivable on the client loan balance.

Amounts received from external funders towards the company's Loan Fund are to be recognised when receivable and are shown within 'Other Operating Income' in the Profit and Loss account.

Tangible fixed assets

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

Freehold property

-

Straight line over 20 years

Plant and machinery

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Bad debts

Outstanding loans are recognised as bad debts if there has been no repayment of the loan in the 12 months prior to the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST

At 1 January 2025

120,000

29,617

149,617

Additions

-

195

195

Disposals

(120,000

)

-

(120,000

)

At 31 December 2025

-

29,812

29,812

DEPRECIATION

At 1 January 2025

-

27,301

27,301

Charge for year

-

534

534

At 31 December 2025

-

27,835

27,835

NET BOOK VALUE

At 31 December 2025

-

1,977

1,977

At 31 December 2024

120,000

2,316

122,316

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

231,036

264,225

Other debtors

10

10

Prepayments

7,010

9,564

238,056

273,799

Trade debtors includes an amount of £198,435 which is due after one year.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

540

481

Social security and other taxes

2,348

3,235

Accruals and deferred income

2,773

3,123

5,661

6,839

7.

RESERVES

Retained

Revaluation

earnings

Reserve

Totals

£

£

£

At 1 January 2025

441,822

120,000

561,822

Deficit for the year

(103,688

)

(103,688

)

Freehold Property revaluation

120,000

(120,000

)

-

At 31 December 2025

458,134

-

458,134

8.	RELATED PARTY DISCLOSURES

The company made payments totalling £3,162 to Antony Rookes Limited for accountancy and payroll services in the year. Antony Rookes is a director and shareholder of Antony Rookes Limited t/a Southgates Chartered Certified Accountants.

9.	ULTIMATE CONTROLLING PARTY

The company has no controlling party.