REGISTERED NUMBER: 07781160 (England and Wales)

Business Dev Limited

Unaudited Financial Statements for the Year Ended 30 September 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr B J Page

REGISTERED OFFICE:

Unit 7 Haywood Way

Hastings

TN35 4PL

REGISTERED NUMBER:

07781160 (England and Wales)

ACCOUNTANTS:

Swindells LLP

Chartered Accountants

Atlantic House

8 Bell Lane

Bellbrook Industrial Estate

Uckfield

East Sussex

TN22 1QL

FIXED ASSETS

Investments

4

352,554

-

CURRENT ASSETS

Debtors

5

1,000

1

Cash at bank

9,907

-

10,907

1

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

6

365,560

-

NET CURRENT (LIABILITIES)/ASSETS

(354,653

)

1

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,099

)

1

CAPITAL AND RESERVES

Called up share capital

7

1,000

1

Retained earnings

(3,099

)

-

SHAREHOLDERS' FUNDS

(2,099

)

1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 17 August 2026 and were signed by:

Dr B J Page - Director

1.	STATUTORY INFORMATION

Business Dev 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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 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.

Going concern

These financial statements have been prepared under the going concern basis notwithstanding the deficiency of net assets shown on the balance sheet. The director has assessed whether the going concern basis of preparation continues to be appropriate, based on whether there are any material uncertainties related to events or conditions that may cast significant doubt over the ability of the company to continue as a going concern.

At the time of approving these financial statements the director believes that all appropriate measures have been or will be taken to ensure that the company will be able to continue its operations for at least the next twelve months and has indicated his willingness to continue to support the company for at least this period. The director has thus concluded that the going concern basis remains appropriate.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

352,554

At 30 September 2025

352,554

NET BOOK VALUE

At 30 September 2025

352,554

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1,000

1

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

365,560

-

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Share capital 1

£1

-

1

500

Share capital 2

£1

500

-

500

Share capital 3

£1

500

-

1,000

1

The Ordinary share was reclassified into an Ordinary voting share on 4 March 2025. The company also issued 499 Ordinary voting shares and 500 Ordinary non-voting shares on 4 March 2025 for par value.

The Ordinary voting shares have full voting rights, but no right to any dividends and no right to any capital distribution.

The Ordinary non-voting shares have full rights to dividends and capital distributions, but have no voting rights.

8.	RELATED PARTY DISCLOSURES

During the year the company received loans of £364,000 (2024 - £nil) from a company under common control. At the balance sheet date the company owed that company £364,000 (2024 - £nil). This balance is unsecured, interest free and repayable on demand.