REGISTERED NUMBER: 11362651 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Otterbrook Developments Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M F Mitchell

REGISTERED OFFICE:

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

REGISTERED NUMBER:

11362651 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

596

795

Investments

6

1,248,258

1,367,140

Investment property

7

1,000,000

1,000,000

2,248,854

2,367,935

CURRENT ASSETS

Debtors

8

449,986

400,507

Cash at bank

113,839

129,386

563,825

529,893

CREDITORS

Amounts falling due within one year

9

173,562

100,395

NET CURRENT ASSETS

390,263

429,498

TOTAL ASSETS LESS CURRENT LIABILITIES

2,639,117

2,797,433

PROVISIONS FOR LIABILITIES

62,762

44,094

NET ASSETS

2,576,355

2,753,339

CAPITAL AND RESERVES

Called up share capital

10

150

150

Non distributable reserve

11

188,287

184,934

Retained earnings

2,387,918

2,568,255

SHAREHOLDERS' FUNDS

2,576,355

2,753,339

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 August 2026 and were signed by:

Mr M F Mitchell - Director

1.	STATUTORY INFORMATION

Otterbrook 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 as modified by the revaluation of certain assets.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business is being amortised in full on acquisition.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

Investments in associates

Investments in associate undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

98,871

AMORTISATION

At 1 December 2024

and 30 November 2025

98,871

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 December 2024

and 30 November 2025

1,137

DEPRECIATION

At 1 December 2024

342

Charge for year

199

At 30 November 2025

541

NET BOOK VALUE

At 30 November 2025

596

At 30 November 2024

795

6.	FIXED ASSET INVESTMENTS

Interest

in

Other

associate

investments

Totals

£

£

£

COST OR VALUATION

At 1 December 2024

50

1,367,090

1,367,140

Additions

-

743,365

743,365

Disposals

-

(866,718

)

(866,718

)

Revaluations

-

4,471

4,471

At 30 November 2025

50

1,248,208

1,248,258

NET BOOK VALUE

At 30 November 2025

50

1,248,208

1,248,258

At 30 November 2024

50

1,367,090

1,367,140

Cost or valuation at 30 November 2025 is represented by:

Interest

in

Other

associate

investments

Totals

£

£

£

Valuation in 2025

-

1,248,208

1,248,208

Cost

50

-

50

50

1,248,208

1,248,258

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

and 30 November 2025

1,000,000

NET BOOK VALUE

At 30 November 2025

1,000,000

At 30 November 2024

1,000,000

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,023

2,023

Other debtors

-

170,017

Directors' current accounts

447,178

226,856

Prepayments and accrued income

785

1,611

449,986

400,507

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

19,697

21,015

Tax

36,191

7,415

VAT

55,055

11,167

Other creditors

43,418

41,971

Accruals and deferred income

19,201

18,827

173,562

100,395

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

150

Ordinary

1

150

150

11.

RESERVES

Non

distributable

reserve

£

At 1 December 2024

184,934

Non distributable reserve

3,353

At 30 November 2025

188,287

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024:

2025

2024

£

£

Mr M F Mitchell

Balance outstanding at start of year

226,856

31,626

Amounts advanced

549,656

283,996

Amounts repaid

(329,334

)

(88,766

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

447,178

226,856

The director's loan account was repaid within nine months of the year end. Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year being 2.25% per annum to 5th April 2025 and 3.75% thereafter.