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Company Registration No. 06390350 (England and Wales)
Oceanside Property Developments Limited Unaudited accounts for the year ended 31 March 2025
Oceanside Property Developments Limited Unaudited accounts Contents
Page
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Oceanside Property Developments Limited Company Information for the year ended 31 March 2025
Directors
A Crane E Crane
Company Number
06390350 (England and Wales)
Registered Office
Lace House Stentaway Lane Croyde Braunton EX33 1NH
Accountants
JD Accountants (South West) Ltd Suite 2, Riverside Court Castle Street Barnstaple Devon EX31 1DR
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Oceanside Property Developments Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
262,985 
230,066 
Current assets
Inventories
1,750 
1,750 
Debtors
48,212 
276,577 
Cash at bank and in hand
323,178 
157,716 
373,140 
436,043 
Creditors: amounts falling due within one year
(55,333)
(82,958)
Net current assets
317,807 
353,085 
Total assets less current liabilities
580,792 
583,151 
Creditors: amounts falling due after more than one year
(11,667)
(21,667)
Provisions for liabilities
Deferred tax
(22,809)
(9,813)
Net assets
546,316 
551,671 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
546,216 
551,571 
Shareholders' funds
546,316 
551,671 
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 31 July 2025 and were signed on its behalf by
A Crane Director Company Registration No. 06390350
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Oceanside Property Developments Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Oceanside Property Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 06390350. The registered office is Lace House, Stentaway Lane, Croyde, Braunton, EX33 1NH.
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:
Plant & machinery
10% Straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Oceanside Property Developments Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
150,000 
220,700 
370,700 
Additions
- 
84,727 
84,727 
Disposals
- 
(36,133)
(36,133)
At 31 March 2025
150,000 
269,294 
419,294 
Depreciation
At 1 April 2024
- 
140,634 
140,634 
Charge for the year
- 
28,158 
28,158 
On disposals
- 
(12,483)
(12,483)
At 31 March 2025
- 
156,309 
156,309 
Net book value
At 31 March 2025
150,000 
112,985 
262,985 
At 31 March 2024
150,000 
80,066 
230,066 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
29,115 
Trade debtors
46,732 
244,910 
Other debtors
1,480 
2,552 
48,212 
276,577 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
17,343 
- 
Trade creditors
28,359 
72,582 
Taxes and social security
5,933 
7,444 
Loans from directors
1,788 
1,537 
Accruals
1,910 
1,395 
55,333 
82,958 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
11,667 
21,667 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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Oceanside Property Developments Limited Notes to the Accounts for the year ended 31 March 2025
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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