ACCOUNTS - Final Accounts preparation

Creditors: Amounts falling due within one year

Registered number: 03548004

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 JANUARY 2026

	ST WILFRIDS DEVELOPMENT COMPANY LIMITED


ST WILFRIDS DEVELOPMENT COMPANY LIMITED

COMPANY INFORMATION

Directors	Mr P A K Jeffery
	Mr C Griffin


Registered number	03548004


Registered office	Stable Cockaynes Lane
	Alresford
	Colchester
	Essex
	CO7 8BZ


Accountants	Menzies LLP
	Chartered Accountants
	3000a Parkway
	Whiteley
	Hampshire
	PO15 7FX


ST WILFRIDS DEVELOPMENT COMPANY LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 4


ST WILFRIDS DEVELOPMENT COMPANY LIMITED REGISTERED NUMBER:03548004

STATEMENT OF FINANCIAL POSITION

AS AT 31 JANUARY 2026

		2026		2025
Note		£		£

Fixed assets
Investment property	3		330,000		330,000
			330,000		330,000
Current assets
Debtors: amounts falling due within one year	4	142,972		144,682
Cash at bank and in hand		250		47
		143,222		144,729
Creditors: amounts falling due within one year	5	(418,713)		(418,668)
Net current liabilities			(275,491)		(273,939)
Total assets less current liabilities			54,509		56,061

Net assets			54,509		56,061

Page 1


ST WILFRIDS DEVELOPMENT COMPANY LIMITED REGISTERED NUMBER:03548004

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JANUARY 2026

		2026		2025
		£		£

Capital and reserves
Called up share capital	82	82
Profit and loss account	54,427	55,979
	54,509	56,061

For the year ended 31 January 2026 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Mr P A K Jeffery

Director

Date: 22 October 2026

The notes on pages 3 to 4 form part of these financial statements.

Page 2


ST WILFRIDS DEVELOPMENT COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

1.	General information

St Wilfrids Development Company Limited is a private company limited by shares, registered in England and Wales. The address of its registered office is disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 February 2025	330,000
	At 31 January 2026	330,000

The 2026 valuations were made by the directors, on an open market value basis.

Page 3


ST WILFRIDS DEVELOPMENT COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Debtors

					2026	2025
					£	£


Other debtors	142,972	144,682
	142,972	144,682

Other creditors	417,513	416,253
Accruals and deferred income	1,200	2,415
	418,713	418,668

6.	Related party transactions
	At the period end date amounts owed to the directors total £417,513 (2025 - £416,253). This amount is undated and interest free. At the period end date amounts owed to group companies total £142,972 (2025 - £144,682). This amount is undated and interest free.

Page 4