IRIS Accounts Production v25.1.4.42 10909086 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh109090862024-03-31109090862025-03-31109090862024-04-012025-03-31109090862023-03-31109090862023-04-012024-03-31109090862024-03-3110909086ns15:EnglandWales2024-04-012025-03-3110909086ns14:PoundSterling2024-04-012025-03-3110909086ns10:Director12024-04-012025-03-3110909086ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3110909086ns10:SmallEntities2024-04-012025-03-3110909086ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3110909086ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3110909086ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3110909086ns10:FullAccounts2024-04-012025-03-3110909086ns10:OrdinaryShareClass12024-04-012025-03-3110909086ns10:Director22024-04-012025-03-3110909086ns10:RegisteredOffice2024-04-012025-03-3110909086ns5:CurrentFinancialInstruments2025-03-3110909086ns5:CurrentFinancialInstruments2024-03-3110909086ns5:ShareCapital2025-03-3110909086ns5:ShareCapital2024-03-3110909086ns5:RetainedEarningsAccumulatedLosses2025-03-3110909086ns5:RetainedEarningsAccumulatedLosses2024-03-3110909086ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3110909086ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3110909086ns10:OrdinaryShareClass12025-03-31
REGISTERED NUMBER: 10909086 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

OXHEY LANE DEVELOPMENTS LIMITED

OXHEY LANE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10909086)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


OXHEY LANE DEVELOPMENTS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2025







DIRECTORS: Mr D P McCarthy
Mr G L Sewell





REGISTERED OFFICE: Rossmore House 1a Hale Grove Gardens
Mill Hill
London
NW7 3LR





REGISTERED NUMBER: 10909086 (England and Wales)





ACCOUNTANTS: Kings Chartered Accountants
4 Grovelands
Boundary Way
Hemel Hempstead
Hertfordshire
HP2 7TE

OXHEY LANE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10909086)

BALANCE SHEET
31 March 2025

31.3.25 31.3.24
Notes £    £   
CURRENT ASSETS
Stocks 4 164,067 160,822
Debtors 5 2,131 1,365
Cash at bank 8 2,085
166,206 164,272
CREDITORS
Amounts falling due within one year 6 171,885 168,985
NET CURRENT LIABILITIES (5,679 ) (4,713 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,679

)

(4,713

)

CAPITAL AND RESERVES
Called up share capital 7 200 200
Retained earnings (5,879 ) (4,913 )
SHAREHOLDERS' FUNDS (5,679 ) (4,713 )

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2025 and were signed on its behalf by:





Mr D P McCarthy - Director


OXHEY LANE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10909086)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Oxhey Lane 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The accounts have been prepared on a going concern basis which assumes that the company will continue to trade. The validity of this assumption is dependent on sufficient and continuing financial support being made available by the company's directors, the shareholders and the creditors. If the company were unable to continue to trade adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities that may arise.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

OXHEY LANE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10909086)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets,are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Classification of 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 deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

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

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

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

OXHEY LANE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10909086)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4. STOCKS
31.3.25 31.3.24
£    £   
Work-in-progress 164,067 160,822

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Value added tax 1,795 1,365
Prepayments and accrued income 336 -
2,131 1,365

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other creditors 171,134 167,134
Accruals 751 1,851
171,885 168,985

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
200 Ordinary £1 200 200