Registration number: 15464141

C&N Developments Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

C&N Developments Ltd

Company Information

Directors

Mr Neil James Wadmore Mr Christopher John Parkes

Registered office

6 Lanesbridge Close Woodlands Southampton SO40 7GG

Accountants

Property Tax Advice Ltd 1 Market Hill Calne Wiltshire SN11 0BT

C&N Developments Ltd

(Registration number: 15464141)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	11,408	-
Tangible assets	5	3,192	-
Investment property	6	468,935	386,550
		483,535	386,550
Current assets
Debtors	7	1,471	653
Cash at bank and in hand		2,929	40,208
		4,400	40,861
Creditors: Amounts falling due within one year	8	(14,800)	(9,050)
Net current (liabilities)/assets		(10,400)	31,811
Total assets less current liabilities		473,135	418,361
Creditors: Amounts falling due after more than one year	8	(586,985)	(471,697)
Net liabilities		(113,850)	(53,336)
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		(114,850)	(54,336)
Shareholders' deficit		(113,850)	(53,336)

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 October 2026 and signed on its behalf by:
 

C&N Developments Ltd

(Registration number: 15464141)
Balance Sheet as at 31 January 2026 (continued)

......................................... Mr Neil James Wadmore Director

......................................... Mr Christopher John Parkes Director

C&N Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
6 Lanesbridge Close
Woodlands
Southampton
SO40 7GG

These financial statements were authorised for issue by the Board on 15 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

C&N Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

2	Accounting policies (continued)

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2025 - 0).

C&N Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
Additions acquired separately	11,408	11,408
At 31 January 2026	11,408	11,408
Amortisation
Carrying amount
At 31 January 2026	11,408	11,408

5	Tangible assets

	Motor vehicles  £	Total £
Cost or valuation
Additions	3,990	3,990
At 31 January 2026	3,990	3,990
Depreciation
Charge for the year	798	798
At 31 January 2026	798	798
Carrying amount
At 31 January 2026	3,192	3,192

6	Investment properties

	2026 £
At 1 February	386,550
Additions	82,385
At 31 January	468,935

C&N Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

6	Investment properties (continued)

The fair value of the property at 31st January 2026 has been arrived at on the basis of a valuation carried out at that date by the director of the company, who is not a professionally qualified valuer. The valuation of £468,935 was arrived at by reference to the market evidence of transaction prices for similar properties in its location the property is situated.

There has been no valuation of investment property by an independent valuer.

7

Debtors

Current	2026 £	2025 £
Prepayments	1,471	465
Other debtors	-	188
	1,471	653

C&N Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

8

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Accruals and deferred income	14,800	9,050

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	500,144	417,812
Other financial liabilities		86,841	53,885
		586,985	471,697

9	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Other borrowings	500,144	417,812

10

Dividends