REGISTERED NUMBER: 08607970 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2025 TO 31 MARCH 2026

FOR

SQUIRES FARM DEVELOPMENTS LTD

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

1,531

4,140

Investment property

5

6,700,000

5,451,000

6,701,531

5,455,140

CURRENT ASSETS

Debtors

6

361,226

225,434

Cash at bank

62,085

42,517

423,311

267,951

CREDITORS

Amounts falling due within one year

7

844,341

739,471

NET CURRENT LIABILITIES

(421,030

)

(471,520

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,280,501

4,983,620

CREDITORS

Amounts falling due after more than one year

8

(65,625

)

(65,250

)

PROVISIONS FOR LIABILITIES

9

(771,085

)

(560,965

)

NET ASSETS

5,443,791

4,357,405

CAPITAL AND RESERVES

Called up share capital

3

3

Fair value reserve

2,313,256

1,679,789

Retained earnings

3,130,532

2,677,613

5,443,791

4,357,405

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 21 September 2026 and were signed on its behalf by:

R A Marten - Director

1.	STATUTORY INFORMATION

Squires Farm 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:

08607970

Registered office:

3rd Floor

21 Perrymount Road

Haywards Heath

RH16 3TP

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 as modified by the revaluation of certain assets.

Turnover

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

Turnover represents amounts receivable by the company in respect of rent during the period.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and machinery - 25% reducing balance

Fixtures and fittings - 25% reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss and then transferred to a fair value reserve.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation

Taxation for the period 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 period 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

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 May 2025

and 31 March 2026

11,111

273

11,384

DEPRECIATION

At 1 May 2025

7,176

68

7,244

Charge for period

2,546

63

2,609

At 31 March 2026

9,722

131

9,853

NET BOOK VALUE

At 31 March 2026

1,389

142

1,531

At 30 April 2025

3,935

205

4,140

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2025

5,451,000

Additions

405,378

Revaluations

843,622

At 31 March 2026

6,700,000

NET BOOK VALUE

At 31 March 2026

6,700,000

At 30 April 2025

5,451,000

If investment properties had not been revalued, they would have been included at the historical cost £3,666,228 (2025: £3,260,850).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

131,239

79,553

Other debtors

2,846

72,612

Tax

-

55,398

Prepayments and accrued income

227,141

17,871

361,226

225,434

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

459

30,947

Tax

153,553

189,228

VAT

31,920

37,484

Directors' current accounts

611,664

411,655

Accruals and deferred income

46,745

70,157

844,341

739,471

The amounts owed to the directors are interest free and repayable on demand.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

65,625

65,250

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

Other timing differences

771,085

559,930

Deferred tax

-

1,035

771,085

560,965

Deferred

tax

£

Balance at 1 May 2025

560,965

Movement in the year

210,120

Balance at 31 March 2026

771,085