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Company Registration No. 02402117 (England and Wales)
Paisley Grove Developments Limited Unaudited accounts for the year ended 31 December 2025
Paisley Grove Developments Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Paisley Grove Developments Limited Company Information for the year ended 31 December 2025
Director
Andrew Michael Bock
Secretary
Beverly Bock
Company Number
02402117 (England and Wales)
Registered Office
The Old Rectory Church Lane Thorpe Ashbourne DE6 2AW
- 3 -
Paisley Grove Developments Limited Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
7,956 
10,348 
Investment property
5
4,730,000 
1,290,000 
4,737,956 
1,300,348 
Current assets
Inventories
6
- 
2,003,801 
Debtors
7
43,522 
69,276 
Cash at bank and in hand
27,756 
34,385 
71,278 
2,107,462 
Creditors: amounts falling due within one year
8
(130,004)
(197,854)
Net current (liabilities)/assets
(58,726)
1,909,608 
Total assets less current liabilities
4,679,230 
3,209,956 
Creditors: amounts falling due after more than one year
9
(1,163,363)
(1,127,976)
Provisions for liabilities
Deferred tax
(1,184,489)
(65,327)
Net assets
2,331,378 
2,016,653 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,331,278 
2,016,553 
Shareholders' funds
2,331,378 
2,016,653 
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 March 2026 and were signed on its behalf by
Andrew Michael Bock Director Company Registration No. 02402117
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Paisley Grove Developments Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Paisley Grove Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 02402117. The registered office is The Old Rectory, Church Lane, Thorpe, Ashbourne, DE6 2AW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on net book value
Motor vehicles
20% on net book value
Computer equipment
33% on cost
- 5 -
Paisley Grove Developments Limited Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2025
45,751 
Additions
108 
At 31 December 2025
45,859 
Depreciation
At 1 January 2025
35,403 
Charge for the year
2,500 
At 31 December 2025
37,903 
Net book value
At 31 December 2025
7,956 
At 31 December 2024
10,348 
5
Investment property
2025 
£ 
Fair value at 1 January 2025
1,290,000 
Additions
2,003,801 
Net gain from fair value adjustments
1,436,199 
At 31 December 2025
4,730,000 
Additions of £2,003,801 relates to the transfer of property previously held in Inventories, in accordance with FRS 102
6
Inventories
2025 
2024 
£ 
£ 
Finished goods
- 
2,003,801 
- 
2,003,801 
7
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
19,537 
46,273 
Accrued income and prepayments
22,735 
21,544 
Other debtors
1,250 
1,459 
43,522 
69,276 
- 6 -
Paisley Grove Developments Limited Notes to the Accounts for the year ended 31 December 2025
8
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
- 
36,839 
VAT
11,487 
16,448 
Taxes and social security
49,011 
50,515 
Loans from directors
9 
1,313 
Accruals
21,002 
26,166 
Deferred income
48,495 
66,573 
130,004 
197,854 
9
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
1,163,363 
1,127,976 
10
Average number of employees
During the year the average number of employees was 3 (2024: 3).
11
Reconciliations on adoption of FRS 102
Reconciliation of equity
1 January 2024 
31 December 2024 
£ 
£ 
Capital and reserves (as previously stated)
1,692,912 
2,016,653 
Revaluation reserve
323,641 
- 
Capital and reserves (as restated)
2,016,553 
2,016,653 
Revaluation reserve brought forward has been reclassified in accordance with FRS 102 guidelines
- 7 -