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Company Registration No. 12892850 (England and Wales)
OD DEVELOPMENT LTD Unaudited accounts for the year ended 31 August 2023
OD DEVELOPMENT LTD Unaudited accounts Contents
Page
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OD DEVELOPMENT LTD Company Information for the year ended 31 August 2023
Director
Mr. Odai ABBELFATTAH
Company Number
12892850 (England and Wales)
Registered Office
SUIT 2, PARKWAY 5 PARKWAY BUSINESS CENTR 300 PRINCESS ROAD MANCHESTER GREATER MANCHESTER M14 7HR ENGLAND
Accountants
CLEARCUT ACCOUNTING LIMITED SUITE 2 PARKWAY 5 PARKWAY BUSINESS CENT 300 PRINCESS ROAD MANCHESTER M14 7HR
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OD DEVELOPMENT LTD Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
176,751 
111,703 
Current assets
Debtors
5,516 
1,828 
Cash at bank and in hand
4,785 
1,827 
10,301 
3,655 
Creditors: amounts falling due within one year
(159,126)
(109,709)
Net current liabilities
(148,825)
(106,054)
Total assets less current liabilities
27,926 
5,649 
Creditors: amounts falling due after more than one year
- 
1,390 
Net assets
27,926 
7,039 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
27,826 
6,939 
Shareholders' funds
27,926 
7,039 
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 August 2024 and were signed on its behalf by
Mr. Odai ABBELFATTAH Director Company Registration No. 12892850
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OD DEVELOPMENT LTD Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
OD DEVELOPMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 12892850. The registered office is SUIT 2, PARKWAY 5 PARKWAY BUSINESS CENTR, 300 PRINCESS ROAD, MANCHESTER, GREATER MANCHESTER, M14 7HR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
18% RBM
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2022
111,703 
- 
111,703 
Additions
33,470 
38,510 
71,980 
At 31 August 2023
145,173 
38,510 
183,683 
Depreciation
Charge for the year
- 
6,932 
6,932 
At 31 August 2023
- 
6,932 
6,932 
Net book value
At 31 August 2023
145,173 
31,578 
176,751 
At 31 August 2022
111,703 
- 
111,703 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
1,164 
1,796 
Trade debtors
4,352 
32 
5,516 
1,828 
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OD DEVELOPMENT LTD Notes to the Accounts for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
11,276 
4,104 
Trade creditors
294 
52,570 
Taxes and social security
6,027 
1,777 
Other creditors
12,700 
- 
Loans from directors
128,829 
51,258 
159,126 
109,709 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
- 
(1,390)
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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