Cullinan Developments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11617773 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

CULLINAN DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs B Bindra

S Bindra

REGISTERED OFFICE:

Harpal House

14 Holyhead Road

Handsworth

Birmingham

West Midlands

B21 0LT

REGISTERED NUMBER:

11617773 (England and Wales)

FIXED ASSETS

Investments

4

1,000

CURRENT ASSETS

Debtors

5

1,095,369

988,384

Cash at bank

1,073

106

1,096,442

988,490

CREDITORS

Amounts falling due within one year

6

582,152

484,786

NET CURRENT ASSETS

514,290

503,704

TOTAL ASSETS LESS CURRENT
LIABILITIES

515,290

504,704

CAPITAL AND RESERVES

Called up share capital

8

501,000

Retained earnings

9

14,290

3,704

SHAREHOLDERS' FUNDS

515,290

504,704

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2026 and were signed on its behalf by:

S Bindra - Director

1.	STATUTORY INFORMATION

Cullinan 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.

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.

Taxation

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 November 2024

and 31 October 2025

1,000

NET BOOK VALUE

At 31 October 2025

1,000

At 31 October 2024

1,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

MULSANNE DEVELOPMENTS LIMITED

Registered office: Harpal House 14 Holyhead Road, Handsworth, Birmingham, West Midlands, England, B21 0LT

Nature of business: Construction of domestic buildings

%

Class of shares:

holding

Ordinary

100.00

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

Mulsanne Developments Ltd

1,038,069

931,084

Lioncrest Investments Ltd

57,300

1,095,369

988,384

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

Bank loans and overdrafts (see note 7)

32,289

38,879

Trade creditors

192

119

Tax

4,035

1,552

Black Country Developments Ltd

481,116

399,116

Sandon Investments Ltd

15,645

J & E Investments Ltd

37,000

18,500

Directors' current accounts

10,675

Accrued expenses

1,200

300

582,152

484,786

7.

LOANS

An analysis of the maturity of loans is given below:

31/10/25

31/10/24

£

Amounts falling due within one year or on demand:

Bank overdrafts

32,289

38,879

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/10/25

31/10/24

value:

£

1,000

Ordinary

£1

1,000

500,000

Cumulative redeemable preferen

£1

500,000

501,000

9.

RESERVES

Retained

earnings

£

At 1 November 2024

3,704

Profit for the year

10,586

At 31 October 2025

14,290