SEARS DEVELOPMENTS LIMITED

SEARS DEVELOPMENTS LIMITED
Contents Page
For the year ended 28 February 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

SEARS DEVELOPMENTS LIMITED
Statement of Financial Position
As at 28 February 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	315,971	295,741
		315,971	295,741
Current assets
Cash at bank and in hand		64,761	92,019
Creditors: amount falling due within one year		(14,998)	(12,591)
Net current assets		49,763	79,428

Total assets less current liabilities		365,734	375,169
Creditors: amount falling due after more than one year		(190,060)	(285,432)
Net assets		175,674	89,737

Capital and reserves
Called up share capital		100	100
Profit and loss account		175,574	89,637
Shareholders' funds		175,674	89,737

For the year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 13 July 2026 and were signed by:

-------------------------------
David Sears
Director

1

SEARS DEVELOPMENTS LIMITED
Notes to the Abridged Financial Statements
For the year ended 28 February 2026

General Information

SEARS DEVELOPMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09432097, registration address Unit 16, Wills Business Park, Salmon Parade,, Bridgwater, TA6 5JT.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the year was 1 (2025 : 1).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£	£
At 01 March 2025	210,000	-	139,114	-	349,114
Additions	-	83,888	5,924	1,458	91,270
Disposals	-	-	-	-	-
At 28 February 2026	210,000	83,888	145,038	1,458	440,384
Depreciation
At 01 March 2025	-	-	53,373	-	53,373
Charge for year	-	2,152	68,798	90	71,040
On disposals	-	-	-	-	-
At 28 February 2026	-	2,152	122,171	90	124,413
Net book values
Closing balance as at 28 February 2026	210,000	81,736	22,867	1,368	315,971
Opening balance as at 01 March 2025	210,000	-	85,741	-	295,741

2