Caridon Developments Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09534425 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

CARIDON DEVELOPMENTS LTD

Page

Statement of Financial Position

1

Notes to the Financial Statements

2

FIXED ASSETS

Property, plant and equipment

4

10,108

8,485

CURRENT ASSETS

Debtors

5

1,113,920

680,517

Cash at bank and in hand

13,170

20,686

1,127,090

701,203

CREDITORS

Amounts falling due within one year

6

1,121,617

729,275

NET CURRENT ASSETS/(LIABILITIES)

5,473

(28,072

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

15,581

(19,587

)

PROVISIONS FOR LIABILITIES

8

2,163

1,677

NET ASSETS/(LIABILITIES)

13,418

(21,264

)

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

12,418

(22,264

)

SHAREHOLDERS' FUNDS

13,418

(21,264

)

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 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 17 August 2026 and were signed on its behalf by:

Mr M J Carrozzo - Director

1.	STATUTORY INFORMATION

Caridon Developments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09534425

Registered office:

Wrencote House

123 High Street

Croydon

Surrey

CR0 0XJ

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.

Significant judgements and estimates

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

There are significant judgements or estimates involved in the preparation of the financial statements.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised when services are rendered to the customers.

Property, plant and equipment

Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the assets capable of operating as intended.

The carrying value of tangible assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and fittings - 20% on cost

Computer equipment - 25% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Cash and cash equivalents

Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in nonconvertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.

Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 October 2024

24,710

45,511

70,221

Additions

1,625

1,795

3,420

At 30 September 2025

26,335

47,306

73,641

DEPRECIATION

At 1 October 2024

18,222

43,514

61,736

Charge for year

1,298

499

1,797

At 30 September 2025

19,520

44,013

63,533

NET BOOK VALUE

At 30 September 2025

6,815

3,293

10,108

At 30 September 2024

6,488

1,997

8,485

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

870,262

453,883

Other debtors

243,658

226,634

1,113,920

680,517

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

251,549

116,657

Taxation and social security

40,147

32,656

Other creditors

829,921

579,962

1,121,617

729,275

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

Within one year

71,533

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

2,163

1,677

Deferred

tax

£

Balance at 1 October 2024

1,677

Charge to Income Statement during year

486

Balance at 30 September 2025

2,163

9.	GUARANTEES AND SECURITY

The Company has provided security in favour of a lender in connection with financing arrangements entered into by a customer. The security comprises a fixed charge over the Company's rights under a building contract with the customer, together with a negative pledge restricting the creation of further security over those rights. The Company has also provided a guarantee in connection with the customer's financing arrangements. The amount secured/guaranteed is not stated as a fixed amount in the underlying arrangements.

10.	RELATED PARTY DISCLOSURES

Included in the other debtors due within one year, is an amount of £235,343 (2024: £218,833) due from the connected companies under common directorships. The loans remain interest free and recoverable on demand.

Included in the other creditors due within one year is an amount of £576,215 (2024: £270,368) due to connected companies under common directorships. Also, included is an amount of £245,232 (2024: £303,232) due to connected entities in which directors have participating interest.The loans remain interest free and repayable on demand.