Company Registration No. 10516607 (England and Wales)
Tring Developments Limited
Unaudited accounts
for the year ended 31 December 2025
Tring Developments Limited
Unaudited accounts
Contents
Tring Developments Limited
Company Information
for the year ended 31 December 2025
Company Number
10516607 (England and Wales)
Registered Office
122 Whinbush Road
Hitchin
Hertfordshire
SG5 1PN
England
Accountants
Floating Cloud Limited
Floating Cloud Ltd
62 WILBURY WAY
HITCHIN
SG4 0TP
Tring Developments Limited
Statement of financial position
as at 31 December 2025
Tangible assets
16,269
24,161
Cash at bank and in hand
77,350
127,107
Creditors: amounts falling due within one year
(71,826)
(78,903)
Net current assets
40,844
48,606
Total assets less current liabilities
57,113
72,767
Provisions for liabilities
Deferred tax
(4,067)
(6,040)
Called up share capital
100
100
Profit and loss account
52,946
66,627
Shareholders' funds
53,046
66,727
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 21 September 2026 and were signed on its behalf by
Philip Benoist
Director
Company Registration No. 10516607
Tring Developments Limited
Notes to the Accounts
for the year ended 31 December 2025
Tring Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 10516607. The registered office is 122 Whinbush Road, Hitchin, Hertfordshire, SG5 1PN, England.
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.
The accounts are presented in £ sterling and the amounts are rounded to the nearest £.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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:
Motor vehicles
25% reducing balance
Fixtures & fittings
Straight line over 3 years
Computer equipment
Straight line over 3 years
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.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised 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 rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Tring Developments Limited
Notes to the Accounts
for the year ended 31 December 2025
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.
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
50,214
6,927
2,947
60,088
At 31 December 2025
50,214
6,927
2,947
60,088
At 1 January 2025
31,678
2,759
1,490
35,927
Charge for the year
4,634
2,308
950
7,892
At 31 December 2025
36,312
5,067
2,440
43,819
At 31 December 2025
13,902
1,860
507
16,269
At 31 December 2024
18,536
4,168
1,457
24,161
Amounts falling due within one year
Accrued income and prepayments
35,320
402
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
3,074
Taxes and social security
18,301
15,773
Loans from directors
40,069
44,183
7
Deferred taxation
2025
2024
Accelerated capital allowances
4,067
6,040
Provision at start of year
6,040
6,363
Credited to the profit and loss account
(1,973)
(323)
Provision at end of year
4,067
6,040
Tring Developments Limited
Notes to the Accounts
for the year ended 31 December 2025
8
Transactions with related parties
As at the balance sheet date, included in creditors due within one year is £40,069 (2024: £44,183) due to the director. This amount is interest free and repayable on demand.
The ultimate controlling party is the director P J Benoist by virtue of his shareholding in the company.
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).