REGISTERED NUMBER: 05392465 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

THOMAS DIXON DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N L E Ridley

G R Watt

R A Young

SECRETARY:

G R Watt

REGISTERED OFFICE:

Cage House Bridge Street

Great Bardfield

Braintree

Essex

CM7 4ST

REGISTERED NUMBER:

05392465 (England and Wales)

ACCOUNTANTS:

S&W Partners (Scotland) Limited

Q Court

3 Quality Street

Edinburgh

EH4 5BP

CURRENT ASSETS

Stocks

4

348,821

335,061

Debtors

5

750

657

Cash at bank

94,001

772,016

443,572

1,107,734

CREDITORS

Amounts falling due within one year

6

(2,849

)

(287,205

)

NET CURRENT ASSETS

440,723

820,529

TOTAL ASSETS LESS CURRENT LIABILITIES

440,723

820,529

CAPITAL AND RESERVES

Called up share capital

350,000

350,000

Retained earnings

90,723

470,529

440,723

820,529

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

The members have not required the company to obtain an audit of its financial statements for the year 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2026 and were signed on its behalf by:

G R Watt - Director

1.	STATUTORY INFORMATION

Thomas Dixon Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

TURNOVER

Turnover is recognised when the performance obligation associated with a sale is complete. The transaction price comprises the fair value of the consideration received or receivable, excluding value added tax.

Turnover is recognised in the statement of retained earnings when control is transferred to the customer. This is deemed to be when title of the land passes to the customer on legal completion and the performance obligation associated with the sale is completed.

INCOME RECOGNITION

Other income includes rental income which is gross rents receivable and is recognised in accordance to the agreed rental lease between the relevant parties.

DEVELOPMENT UNDER CONSTRUCTION

Work in progress is valued at the lower of cost and net realisable value. Costs include all direct expenditure which includes capitalised borrowing costs and attributable overheads. Net realisable value is based on estimated selling price less any further costs expected to be incurred to completion and disposal.

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

Short-term debt instruments, including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in the case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account. For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.

STOCKS

2026

2025

£

£

Development land

348,821

335,061

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

750

657

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

982

284,752

Other creditors

1,867

2,453

2,849

287,205

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

G R Watt

Balance outstanding at start of year

(1,000

)

(9,500

)

Amounts advanced

1,039

15,000

Amounts repaid

-

(6,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

39

(1,000

)

Interest of 3.75% is charged on loan balances overdrawn by £10,000 or more.

8.	RELATED PARTY DISCLOSURES

Included in "Other creditors" is an amount totalling £30 (2025 - £30) due to the shareholders from the company. The loans are interest free and repayable on demand.