Company Registration No. 0963721 (England and Wales)
Clennon Developments Limited
Unaudited accounts
for the year ended 30 April 2026
Clennon Developments Limited
Unaudited accounts
Contents
Clennon Developments Limited
Company Information
for the year ended 30 April 2026
Directors
Mrs R A Polson
Mr N J Procter
Mrs K V Pearson
Company Number
0963721 (England and Wales)
Registered Office
1 Orchard Road
Ashburton
Newton Abbot
TQ13 7RL
Accountants
Newnham & Son Ltd
School Master's House
39 College Street
Petersfield
Hampshire
GU31 4AG
Clennon Developments Limited
Statement of financial position
as at 30 April 2026
Tangible assets
2,133
1,469
Investment property
430,000
680,000
Cash at bank and in hand
190,867
87,773
Creditors: amounts falling due within one year
(6,266)
(7,356)
Net current assets
184,601
80,510
Total assets less current liabilities
616,734
761,979
Creditors: amounts falling due after more than one year
(7,950)
(7,950)
Provisions for liabilities
Deferred tax
(75,748)
(75,748)
Net assets
533,036
678,281
Called up share capital
999
999
Profit and loss account
532,037
677,282
Shareholders' funds
533,036
678,281
For the year ending 30 April 2026 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 directors acknowledge their 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 of Directors and authorised for issue on 15 September 2026 and were signed on its behalf by
Mrs R A Polson
Director
Company Registration No. 0963721
Clennon Developments Limited
Notes to the Accounts
for the year ended 30 April 2026
Clennon Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 0963721. The registered office is 1 Orchard Road , Ashburton, Newton Abbot, TQ13 7RL.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
Land & buildings
Licences are held at cost and not amortised
Computer equipment
25% reducing balance
Work in progress have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The accounts are presented in £ sterling.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Clennon Developments Limited
Notes to the Accounts
for the year ended 30 April 2026
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2025
1
7,794
7,795
At 30 April 2026
1
9,168
9,169
At 1 May 2025
-
6,326
6,326
Charge for the year
-
710
710
At 30 April 2026
-
7,036
7,036
At 30 April 2026
1
2,132
2,133
At 30 April 2025
1
1,468
1,469
Fair value at 1 May 2025
680,000
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2026
2025
8
Creditors: amounts falling due after more than one year
2026
2025
Other creditors
7,950
7,950
Clennon Developments Limited
Notes to the Accounts
for the year ended 30 April 2026
Allotted, called up and fully paid:
900 Ordinary A shares of £1 each
900
900
30 Ordinary B shares of £1 each
30
30
30 Ordinary C shares of £1 each
30
30
30 Ordinary D shares of £1 each
30
30
9 Ordinary E shares of £1 each
9
9
10
Transactions with related parties
During the year the company made the following related party transactions:
Mrs R A Polson (Director)
During the year, fees payable of £3,285.50 (2025 - £3,721.25) have been made to Mrs R A Polson. During the year, fees payable of £Nil (2025 - £2,232.75) have been made to Space Asset Limited the proprietor of which is Mrs R A Polson. During the year, dividends of £5,000 (2025 - £5,000) have been paid to Mrs R A Polson.
Mrs K V Pearson (Director)
During the year, fees payable of £464.17 (2025 - £1,657.33) have been made to Mrs K V Pearson. During the year, dividends of £5,000 (2025 - £5,000) have been paid to Mrs K V Pearson.
Mrs V J Procter (Director)
During the year, dividends of £Nil (2025 - £5,000) have been paid to Mrs V J Procter.
Mr N Procter (Director)
During the year, dividends of £5,000 (2025 - £Nil) have been paid to Mr N Procter.
11
Average number of employees
During the year the average number of employees was 0 (2025: 0).