REGISTERED NUMBER: 15943938 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Sellick Property Developments Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S J Sellick

P C Sellick

REGISTERED OFFICE:

3 Juniper Way

Brockworth

Gloucester

GL3 4FQ

REGISTERED NUMBER:

15943938 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

BANKERS:

Lloyds Bank

19 Eastgate Street

Gloucester

GL1 1NU

FIXED ASSETS

Tangible assets

4

287,340

372,083

CURRENT ASSETS

Stocks

1,560

-

Debtors

5

392,019

58,057

Cash at bank

24,834

67,761

418,413

125,818

CREDITORS

Amounts falling due within one year

6

407,697

474,735

NET CURRENT ASSETS/(LIABILITIES)

10,716

(348,917

)

TOTAL ASSETS LESS CURRENT LIABILITIES

298,056

23,166

PROVISIONS FOR LIABILITIES

25,053

33,892

NET ASSETS/(LIABILITIES)

273,003

(10,726

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

273,001

(10,728

)

SHAREHOLDERS' FUNDS

273,003

(10,726

)

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 3 August 2026 and were signed on its behalf by:

P C Sellick - Director

1.	STATUTORY INFORMATION

Sellick Property Developments Ltd 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.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

Stocks

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

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

Cost

At 1 April 2025

380,000

Additions

110,939

Disposals

(133,500

)

At 31 March 2026

357,439

Depreciation

At 1 April 2025

7,917

Charge for year

64,963

Eliminated on disposal

(2,781

)

At 31 March 2026

70,099

Net book value

At 31 March 2026

287,340

At 31 March 2025

372,083

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

369,815

4,058

Other debtors

22,204

53,999

392,019

58,057

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade creditors

19,729

-

Taxation and social security

109,484

37,211

Other creditors

278,484

437,524

407,697

474,735

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/3/26

31/3/25

£

£

Within one year

12,000

12,000

Between one and five years

36,000

48,000

48,000

60,000

8.	RELATED PARTY DISCLOSURES

Paul Sellick Brickwork Ltd

A loan previously existed between the company and Paul Sellick Brickwork Ltd, a company controlled by the same directors P and Mrs S Sellick. The loan of £416,010 has been cleared in full this year.