Shaftesbury Developments Ltd - Filleted accounts

Registered number

04316900

Shaftesbury Developments Ltd

Filleted Accounts

30 November 2025

Shaftesbury Developments Ltd
Registered number:		04316900
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Investments	3		685,529			685,529

Current assets
Debtors	4	74,856			(47,052)
Cash at bank and in hand		72,302			63,947
		147,158			16,895

Creditors: amounts falling due within one year	5	(43,821)			(4,476)

Net current assets			103,337			12,419

Total assets less current liabilities			788,866			697,948

Creditors: amounts falling due after more than one year	6		(694,403)			(614,516)



Net assets			94,463			83,432

Capital and reserves
Called up share capital			100			100
Profit and loss account			94,363			83,332

Shareholders' funds			94,463			83,432

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




0
Director
Approved by the board on 18 August 2026

Shaftesbury Developments Ltd
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		2		2


3	Investments

Other
investments
£
	Cost
	At 1 December 2024				685,529

	At 30 November 2025				685,529


4	Debtors		2025		2024
£				£

	Trade debtors		8,375		8,375
	Other debtors		66,481		(55,427)
			74,856		(47,052)


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Bank loans and overdrafts		38,022		-
	Taxation and social security costs		1,555		231
	Other creditors		4,244		4,245
			43,821		4,476


6	Creditors: amounts falling due after one year		2025		2024
£				£

	Bank loans		694,403		614,516


7	Loans		2025		2024
£				£
	Creditors include:

	Secured bank loans		732,425		614,516

	The company has bank loan with Paragaon Bank Plc , the rate of interest is 5.19% and the balance is £732,425 at the end of 30th Nov 2025.

8	Other information

	Shaftesbury Developments Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	The Nook, Scalers Hill
	Watling Street
	Cobham
	Kent
	DA12 3DH