Registration number: 16089371

SMP Developments Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 4

SMP Developments Ltd

Company Information

Directors

Mr T E Smith Mr B J Smith Mr N J Smith

Registered office

Sibson Mill Wellsborough Road Sibson Nuneaton Warwickshire CV13 6LR

Accountants

Wychbury Greaves Station House Station Road Rugeley Staffordshire WS15 3HA

SMP Developments Ltd

(Registration number: 16089371)
Balance Sheet as at 31 March 2026

	Note	2026 £
Current assets
Stocks	4	779,300
Cash at bank and in hand		2,895
		782,195
Creditors: Amounts falling due within one year		(783,311)
Net liabilities		(1,116)
Capital and reserves
Called up share capital	5	1
Retained earnings		(1,117)
Shareholders' deficit		(1,116)

For the financial period ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 August 2026 and signed on its behalf by:
 

......................................... Mr T E Smith Director

SMP Developments Ltd

Notes to the Unaudited Financial Statements for the Period from 19 November 2024 to 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Sibson Mill
Wellsborough Road
Sibson
Nuneaton
Warwickshire
CV13 6LR

These financial statements were authorised for issue by the Board on 10 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

SMP Developments Ltd

Notes to the Unaudited Financial Statements for the Period from 19 November 2024 to 31 March 2026

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 3.

4

Stocks

	2026 £
Other inventories	779,300

5	Share capital

Allotted, called up and fully paid shares

	2026
	No.	£
Ordinary of £1 each	1	1

6	Related party transactions

Summary of transactions with parent

At the year end the company owed £782,911 to Sibson Mill Properties Limited, the parent company.

7	Parent and ultimate parent undertaking

The company's immediate parent is Sibson Mill Properties Limited, incorporated in England & Wales.