ACCOUNTS - Final Accounts

Registered number: 08638007

ALUN-PUGH DEVELOPERS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

ALUN-PUGH DEVELOPERS LIMITED

Company Information

Directors	P Case
	M Case
	M R Case


Registered number	08638007


Registered office	3rd Floor
	12 Gough Square
	London
	EC4A 3DW

ALUN-PUGH DEVELOPERS LIMITED

Registered number: 08638007

Balance sheet

As at 31 August 2025

		2025		2024
Note		£		£


Current assets
Stocks	4	1,075,000		1,075,000
Cash at bank and in hand	5	1,638		6,577
		1,076,638		1,081,577
Creditors: amounts falling due within one year	6	(199,503)		(196,808)
Net current assets			877,135		884,769
Total assets less current liabilities			877,135		884,769

Net assets			877,135		884,769

Capital and reserves
Called up share capital	7	1,070,005	1,070,005
Profit and loss account		(192,870)	(185,236)
		877,135	884,769

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and 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 Profit and loss account 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 on 31 October 2026.

P Case

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

ALUN-PUGH DEVELOPERS LIMITED

Notes to the financial statements

For the Year Ended 31 August 2025

1.	General information

Alun-Pugh Developers Limited is a private limited company incorporated in the United Kingdom and registered in England and Wales. The company's registered office is 3rd Floor, 12 Gough Square, London, EC4A 3DW.

The principal activity of the company during the year was that of property developers.

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.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2

Stocks

Properties held for development/resale are stated at the lower of cost and net realisable value.

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.

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.

2.5

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit or loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Page 2

ALUN-PUGH DEVELOPERS LIMITED

Notes to the financial statements

For the Year Ended 31 August 2025

2.Accounting policies (continued)

2.5

Financial instruments (continued)

Impairment of financial assets

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flows expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Page 3

ALUN-PUGH DEVELOPERS LIMITED

Notes to the financial statements

For the Year Ended 31 August 2025

2.Accounting policies (continued)

2.5

Financial instruments (continued)

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Offsetting

Financial assets and liabilities are offset and the net amount presented in the statement of financial position only when the Company has a legally enforceable right to set off the amounts and intends either to settle on a net basis or to realise the asset and settle the liability simultaneously.

2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Employees

The average monthly number of employees, including directors, during the year was 4 (2024 - 2).

4.	Stocks
		2025	2024
		£	£

Finished goods and goods for resale	1,075,000	1,075,000
	1,075,000	1,075,000

5.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	1,638	6,577
	1,638	6,577

Page 4

ALUN-PUGH DEVELOPERS LIMITED

Notes to the financial statements

For the Year Ended 31 August 2025

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	300	12,780
Other creditors	188,709	178,828
Accruals and deferred income	10,494	5,200
	199,503	196,808

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1,070,005 (2024 - 1,070,005) Ordinary shares of £1.00 each	1,070,005	1,070,005

8.	Related party transactions
	At the year end the Company owed the Directors £50,319 (2024: £40,438). At the year end the Company owed the Shareholders £138,390 (2024: £138,390). These balances are included within 'Other creditors' and are interest free and repayable on demand.

Page 5