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Registered number: 15534878
Cadon Properties Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Chadwick Accountants & Bookkeepers Ltd
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 15534878
31 March 2026 30 March 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 704,520 211,730
704,520 211,730
CURRENT ASSETS
Debtors 5 21,914 24,760
Cash at bank and in hand 7,483 310
29,397 25,070
Creditors: Amounts Falling Due Within One Year 6 (38,518 ) (191,110 )
NET CURRENT ASSETS (LIABILITIES) (9,121 ) (166,040 )
TOTAL ASSETS LESS CURRENT LIABILITIES 695,399 45,690
Creditors: Amounts Falling Due After More Than One Year 7 (632,771 ) (64,202 )
NET ASSETS/(LIABILITIES) 62,628 (18,512 )
CAPITAL AND RESERVES
Called up share capital 8 200 200
Revaluation reserve 9 134,050 -
Income Statement (71,622 ) (18,712 )
SHAREHOLDERS' FUNDS 62,628 (18,512)
Page 1
Page 2
For the year ending 31 March 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Christopher Hill
Director
08/09/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cadon Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15534878 . The registered office is AVON VIEW OFFICES 90 HIGH STREET, BIDFORD-ON-AVON, ALCESTER, B50 4AF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 2% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
4. Tangible Assets
Land & Property
Leasehold
£
Cost or Valuation
As at 31 March 2025 215,950
Additions 373,118
Revaluation 134,050
As at 31 March 2026 723,118
Depreciation
As at 31 March 2025 4,220
Provided during the period 14,378
As at 31 March 2026 18,598
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2026 704,520
As at 31 March 2025 211,730
5. Debtors
31 March 2026 30 March 2025
£ £
Due within one year
Other debtors 21,914 24,760
6. Creditors: Amounts Falling Due Within One Year
31 March 2026 30 March 2025
£ £
Other loans 21,926 72,650
Amounts owed to group undertakings - 63,712
Other creditors 16,592 54,748
38,518 191,110
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2026 30 March 2025
£ £
Bank loans - 64,202
Other loans 355,732 -
Amounts owed to group undertakings 277,039 -
632,771 64,202
8. Share Capital
31 March 2026 30 March 2025
£ £
Allotted, Called up and fully paid 200 200
9. Reserves
Revaluation reserve Income Statement
£ £
As at 31 March 2025 - (18,712 )
Loss for year - (52,910)
Surplus on revaluation 134,050 -
Other comprehensive income for the year 134,050 -
Total comprehensive income for the year 134,050 (52,910 )
As at 31 March 2026 134,050 (71,622 )
Page 4