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REGISTERED NUMBER: 10514236 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 December 2024

for

Otaku Development Limited

Otaku Development Limited (Registered number: 10514236)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Otaku Development Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: D P Leivers





REGISTERED OFFICE: The Mews
Hounds Road
Chipping Sodbury
Bristol
BS37 6EE





BUSINESS ADDRESS: 42 Clayfield Road
Brislington
Bristol
BS4 4NH





REGISTERED NUMBER: 10514236 (England and Wales)





ACCOUNTANTS: Dolman's Chartered Accountants
The Mews
Hounds Road
Chipping Sodbury
Bristol
BS37 6EE

Otaku Development Limited (Registered number: 10514236)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 132,855 -
132,855 -

CURRENT ASSETS
Debtors 6 12,483 36,819
Cash at bank 119,376 164,469
131,859 201,288
CREDITORS
Amounts falling due within one year 7 34,337 48,562
NET CURRENT ASSETS 97,522 152,726
TOTAL ASSETS LESS CURRENT
LIABILITIES

230,377

152,726

PROVISIONS FOR LIABILITIES 301 -
NET ASSETS 230,076 152,726

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 230,072 152,722
SHAREHOLDERS' FUNDS 230,076 152,726

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Otaku Development Limited (Registered number: 10514236)

Balance Sheet - continued
31 December 2024


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 director and authorised for issue on 6 August 2025 and were signed by:





D P Leivers - Director


Otaku Development Limited (Registered number: 10514236)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Otaku Development 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 50% on cost and 25% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 17,957
DEPRECIATION
At 1 January 2024
and 31 December 2024 17,957
NET BOOK VALUE
At 31 December 2024 -

Otaku Development Limited (Registered number: 10514236)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
Additions 314,545
Disposals (193,594 )
Share of profit/(loss) 10,698
Revaluations 1,206
At 31 December 2024 132,855
NET BOOK VALUE
At 31 December 2024 132,855

Cost or valuation at 31 December 2024 is represented by:

Other
investments
£   
Valuation in 2024 132,855

If the listed investments had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 130,992 -

The listed investments were valued on an open market basis on 31 December 2024 by Wise Payments Ltd .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,677 19,860
Other debtors 806 16,959
12,483 36,819

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,515 10,757
Taxation and social security 28,640 32,878
Other creditors 2,182 4,927
34,337 48,562

Otaku Development Limited (Registered number: 10514236)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
D P Leivers
Balance outstanding at start of year 16,385 17,429
Amounts advanced - 16,385
Amounts repaid (16,638 ) (17,429 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (253 ) 16,385

The above loan is unsecured and repayable on demand. Interest was charged on the loan at HMRC's official rate.