REGISTERED NUMBER: 14787775 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th April 2026

for

Cartwright Developments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A G Cartwright

Mr M J Cartwright

REGISTERED OFFICE:

The Old Plough

Latteridge Road

Iron Acton

Bristol

BS37 9TW

REGISTERED NUMBER:

14787775 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Investment property

4

600,000

543,273

CURRENT ASSETS

Debtors

5

2,607

6,096

Cash at bank

-

601

2,607

6,697

CREDITORS

Amounts falling due within one year

6

3,189

224,644

NET CURRENT LIABILITIES

(582

)

(217,947

)

TOTAL ASSETS LESS CURRENT LIABILITIES

599,418

325,326

CREDITORS

Amounts falling due after more than one year

7

(600,597

)

(370,299

)

PROVISIONS FOR LIABILITIES

(10,912

)

-

NET LIABILITIES

(12,091

)

(44,973

)

CAPITAL AND RESERVES

Called up share capital

10

101

101

Fair value reserve

11

45,816

-

Retained earnings

11

(58,008

)

(45,074

)

SHAREHOLDERS' FUNDS

(12,091

)

(44,973

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2026 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 3rd August 2026 and were signed on its behalf by:

Mr M J Cartwright - Director

1.	STATUTORY INFORMATION

Cartwright 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.

The financial statements are presented in sterling (£), which is the functional currency of the company.

Turnover

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

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.

Financial instruments

The company applies Section 11 "Basic Financial Instruments". Financial assets and liabilities are recognised at transaction price and subsequently measured at amortised 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - 1 ).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st May 2025

543,273

Revaluations

56,727

At 30th April 2026

600,000

NET BOOK VALUE

At 30th April 2026

600,000

At 30th April 2025

543,273

Fair value at 30th April 2026 is represented by:

£

Valuation in 2026

56,727

Cost

543,273

600,000

If investment property had not been revalued it would have been included at the following historical cost:

30.4.26

30.4.25

£

£

Cost

543,273

543,273

Investment property was valued on an open market basis on 30th April 2026 by the directors of the company .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Other debtors

-

2,100

VAT

-

1,243

Prepayments and accrued income

2,607

2,753

2,607

6,096

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Bank loans and overdrafts

263

-

Other loans

-

200,001

Trade creditors

646

168

VAT

627

-

Other creditors

-

2,100

Directors' current accounts

-

2,524

Accrued expenses

1,653

19,851

3,189

224,644

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.26

30.4.25

£

£

Bank loans more 5 yr by instal

383,999

-

Amounts owed to associates

216,598

370,299

600,597

370,299

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

383,999

-

8.	LEASING AGREEMENTS

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

30.4.26

30.4.25

£

£

Within one year

9,218

10,142

Between one and five years

9,134

18,352

18,352

28,494

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.26

30.4.25

£

£

Mortgage

383,999

-

The mortgage is secured against the investment property held by the company.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.26

30.4.25

value:

£

£

50

Ordinary

£1

50

50

50

Ordinary B

£1

50

50

1

Ordinary C

£1

1

1

101

101

11.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1st May 2025

(45,074

)

-

(45,074

)

Profit for the year

32,882

-

32,882

Assets revalued in period

(45,816

)

45,816

-

At 30th April 2026

(58,008

)

45,816

(12,192

)

12.	CONTINGENT LIABILITIES

The company had no contingent liabilities at the balance sheet date.

13.	RELATED PARTY DISCLOSURES

At the year end, the company owed amounts to related companies as follows:

Calasparra Properties Limited: £216,598 (2025: £370,299). These balances are unsecured and interest-free.

14.	GOING CONCERN

At the year end, the company had net liabilities. However, the directors have confirmed that, in their opinion, the company will be able to meet its liabilities as they fall due for the foreseeable future (being a period of not less than twelve months) due to their continued financial support of the company. Consequently, the company is considered to be a going concern.