Company registration number: 15589942
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
HC Developments (Exmouth) Ltd
Pages for filing with the Registrar
HC Developments (Exmouth) Ltd
Accountants’ Report to the Director for the preparation of the unaudited financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of HC Developments (Exmouth) Ltd for the year ended 31 March 2026 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company’s accounting records and from information and explanations you have given us.
This report is made solely to the Director of HC Developments (Exmouth) Ltd, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of HC Developments (Exmouth) Ltd and state those matters that we have agreed to state to them in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than HC Developments (Exmouth) Ltd and its Director for our work, or for this report.
It is your duty to ensure that HC Developments (Exmouth) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of HC Developments (Exmouth) Ltd. You consider that HC Developments (Exmouth) Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of HC Developments (Exmouth) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Baines and Co
46 Rolle Street
Exmouth
Devon
EX8 2SQ
United Kingdom
Date: 10 August 2026
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Company registration number: 15589942
HC Developments (Exmouth) Ltd
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 530,000 347,500
530,000 347,500
Current assets
Stocks - 182,500
Cash at bank and in hand 5,552 2,094
5,552 184,594
Creditors: amounts falling due within one year
(108,032) (345,992)
Net current liabilities (102,480) (161,398)
Total assets less current liabilities 427,520 186,102
Creditors: Amounts falling due after more than one year
5 (429,558) (190,000)
NET LIABILITIES (2,038) (3,898)
Capital and reserves
Called up share capital 1 1
Profit and loss account (2,039) (3,899)
TOTAL EQUITY (2,038) (3,898)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 15589942
HC Developments (Exmouth) Ltd
Balance sheet - continued
as at 31 March 2026
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 to the Registrar.
Signed by:
Mr H Cartwright, Director
10 August 2026
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HC Developments (Exmouth) Ltd
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
HC Developments (Exmouth) Ltd is a private company registered in England and Wales. Its registered number is 15589942. The company is limited by shares. Its registered office is C/o Baines And Co, 46 Rolle Street, Exmouth, Devon, EX8 2SQ.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 0% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
3 Average number of employees
During the year the average number of employees was 1 (2025 - 1).
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HC Developments (Exmouth) Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
4 Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2025 347,500
Additions 182,500
At 31 March 2026 530,000
Depreciation
At 31 March 2026 -
Net book value
At 31 March 2026 530,000
At 31 March 2025 347,500
5 Creditors: amounts falling due after more than five years
Included within the above creditors are the following amounts falling due after more than five years:
2026 2025
£ £
Repayable by instalments
Bank loans 389,558 150,000
6 Advances, credit and guarantees granted to the director
There were no advances, credit or guarantees granted to directors in the year.
7 Related party transactions
There were no dividends issued in the year.
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