1 January 2025 false No description of principal activity Taxfiler 2024.6 11715724business:PrivateLimitedCompanyLtd2025-01-012025-12-31 117157242024-12-31 117157242025-01-012025-12-31 11715724business:AuditExempt-NoAccountantsReport2025-01-012025-12-31 11715724business:FilletedAccounts2025-01-012025-12-31 117157242025-12-31 11715724business:Director12025-01-012025-12-31 11715724business:Director22025-01-012025-12-31 11715724business:RegisteredOffice2025-01-012025-12-31 117157242024-12-31 11715724core:WithinOneYear2025-12-31 11715724core:WithinOneYear2024-12-31 11715724core:AfterOneYear2025-12-31 11715724core:AfterOneYear2024-12-31 11715724core:ShareCapitalcore:PreviouslyStatedAmount2025-12-31 11715724core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 11715724core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-12-31 11715724core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 11715724core:PreviouslyStatedAmount2025-12-31 11715724core:PreviouslyStatedAmount2024-12-31 11715724business:SmallEntities2025-01-012025-12-31 11715724countries:EnglandWales2025-01-012025-12-31 11715724core:PlantMachinery2025-01-012025-12-31 11715724core:FurnitureFittings2025-01-012025-12-31 11715724core:PlantMachinery2024-12-31 11715724core:FurnitureFittings2024-12-31 11715724core:PlantMachinery2025-12-31 11715724core:FurnitureFittings2025-12-31 117157242024-01-012024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11715724 (England and Wales)
SNEDKER & SMITH DEVELOPMENTS LTD Unaudited accounts for the year ended 31 December 2025
SNEDKER & SMITH DEVELOPMENTS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
SNEDKER & SMITH DEVELOPMENTS LTD Company Information for the year ended 31 December 2025
Directors
R A Smith B M Snedker
Company Number
11715724 (England and Wales)
Registered Office
16 GRESLEY CLOSE DRAYTON FIELDS INDUSTRIAL ESTATE DAVENTRY NN11 8RZ UNITED KINGDOM
- 3 -
SNEDKER & SMITH DEVELOPMENTS LTD Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
12,279 
- 
Investment property
5
1,873,670 
1,246,174 
1,885,949 
1,246,174 
Current assets
Debtors
6
6,595 
2,273,365 
Cash at bank and in hand
37,377 
29,302 
43,972 
2,302,667 
Creditors: amounts falling due within one year
7
(949,297)
(2,575,449)
Net current liabilities
(905,325)
(272,782)
Total assets less current liabilities
980,624 
973,392 
Creditors: amounts falling due after more than one year
8
(748,040)
(715,453)
Net assets
232,584 
257,939 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
232,484 
257,839 
Shareholders' funds
232,584 
257,939 
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 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 30 September 2026 and were signed on its behalf by
B M Snedker Director Company Registration No. 11715724
- 4 -
SNEDKER & SMITH DEVELOPMENTS LTD Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
SNEDKER & SMITH DEVELOPMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 11715724. The registered office is 16 GRESLEY CLOSE, DRAYTON FIELDS INDUSTRIAL ESTATE, DAVENTRY, NN11 8RZ, UNITED KINGDOM.
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.
Investment property
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:
Plant & machinery
25% Reducing balance
Fixtures & fittings
25% Reducing balance
- 5 -
SNEDKER & SMITH DEVELOPMENTS LTD Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2025
- 
- 
- 
Additions
6,793 
5,812 
12,605 
At 31 December 2025
6,793 
5,812 
12,605 
Depreciation
Charge for the year
- 
326 
326 
At 31 December 2025
- 
326 
326 
Net book value
At 31 December 2025
6,793 
5,486 
12,279 
5
Investment property
2025 
£ 
Fair value at 1 January 2025
1,246,174 
Additions
627,496 
At 31 December 2025
1,873,670 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,827 
(1,153)
Accrued income and prepayments
4,668 
- 
Other debtors
100 
2,274,518 
6,595 
2,273,365 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
65,132 
66,434 
Trade creditors
11,114 
(1,858)
Taxes and social security
5 
4,519 
Other creditors
603,818 
546,149 
Loans from directors
268,228 
268,228 
Accruals
1,000 
1,691,977 
949,297 
2,575,449 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
748,040 
715,453 
- 6 -
SNEDKER & SMITH DEVELOPMENTS LTD Notes to the Accounts for the year ended 31 December 2025
9
Transactions with related parties
Other creditors/debtors include amounts due to Highfields Homes Ltd of £56,669 (2024 (due from) - £2,260,597). The company is controlled by the directors. Other creditors include amounts due to Proactive Security Services Ltd of £546,149 (2024 - £546,149). The company is controlled by B M Snedker. The loans are interest free and there are no terms for repayment.
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 7 -