Flynn Bespoke Developments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 14340894 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

FLYNN BESPOKE DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Flynn

T Flynn

REGISTERED OFFICE:

1 High Street

Thatcham

Berks

RG19 3JG

REGISTERED NUMBER:

14340894 (England and Wales)

ACCOUNTANTS:

C B Heslop & Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

FIXED ASSETS

Investments

4

268,734

238,316

CURRENT ASSETS

Stocks

1,152,196

1,268,467

Debtors

5

-

2,000

Cash at bank

719

16,231

1,152,915

1,286,698

CREDITORS

Amounts falling due within one year

6

1,295,600

1,253,604

NET CURRENT (LIABILITIES)/ASSETS

(142,685

)

33,094

TOTAL ASSETS LESS CURRENT
LIABILITIES

126,049

271,410

CREDITORS

Amounts falling due after more than one
year

7

332,698

307,911

NET LIABILITIES

(206,649

)

(36,501

)

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

10

(206,749

)

(36,601

)

SHAREHOLDERS' FUNDS

(206,649

)

(36,501

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 24 August 2026 and were signed on its behalf by:

S Flynn - Director

T Flynn - Director

1.	STATUTORY INFORMATION

Flynn Bespoke Developments 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.

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.

Stocks

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.

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 NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

Loans to

other

participating

interests

£

At 1 January 2025

238,316

New in year

30,418

At 31 December 2025

268,734

The company entered a collaboration agreement with Sunshine Bear Limited (company number 15867169) a company controlled by T Flynn a director. The collaboration agreement relates to property developments. The broad terms of the agreement include commercial interest charged on loan balances and profit sharing between the parties on development sites held by Sunshine Bear Limited.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Other debtors

-

2,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

14,401

3,250

Other creditors

1,281,199

1,250,354

1,295,600

1,253,604

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

£

Bank loans

332,698

307,911

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans

332,698

307,911

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

Bank loans

332,698

307,911

Director's loan

1,249,261

1,196,261

1,581,959

1,504,172

The bank loan is secured by way of a first charge over the company's development property.

The director's loan is secured by way of a second charge over the company's development property.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

100

Ordinary

£1

100

10.

RESERVES

Retained

earnings

£

At 1 January 2025

(36,601

)

Deficit for the year

(170,148

)

At 31 December 2025

(206,749

)

11.	RELATED PARTY DISCLOSURES

The company entered a collaboration agreement with Sunshine Bear Limited (company number 15867169) a company controlled by T Flynn a director. The collaboration agreement relates to property developments. The broad terms of the agreement include commercial interest charged on loan balances and profit sharing between the parties on development sites held by Sunshine Bear Limited.

During the year the company paid consultancy fees to Flynn Bespoke Properties Limited (company number 12492000) a company controlled by T Flynn a director. The consultancy fees were agreed on commercial terms.

12.	ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.