Registered number
12682407
Complex Development Services Limited
Filleted Accounts
30 June 2024
Complex Development Services Limited
Registered number: 12682407
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 1,454,676 -
Cash at bank and in hand 100 100
1,454,776 100
Creditors: amounts falling due within one year 4 (88,650) -
Net current assets 1,366,126 100
Net assets 1,366,126 100
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,366,026 -
Shareholders' funds 1,366,126 100
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr C Ogunmakin
Director
Approved by the board on 26 August 2025
Complex Development Services Limited
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Debtors 2024 2023
£ £
Other debtors 1,454,676 -
The above amount within other debtors is due from Complex Peoperty Management Limited, a company under the control of Mr C Ogunmakin the sole director.
4 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 78,000 -
Other creditors 10,650 -
88,650 -
Included within other creditors is an amount £6,750 due to Manor Coliving Limited, a company under the control of Mr C Ogunmakin.
5 Controlling party
The company is controlled by Mr and Mrs Ogunmakin, both company company directors and equal owners of the entire issued share capital in the company.
6 Other information
Complex Development Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
102 Fulham Palace Road
Hammersmith
London
W6 9PL
Complex Development Services Limited 12682407 false 2023-07-01 2024-06-30 2024-06-30 VT Final Accounts April 2025 Mr C Ogunmakin No description of principal activity 12682407 2022-07-01 2023-06-30 12682407 core:WithinOneYear 2023-06-30 12682407 core:ShareCapital 2023-06-30 12682407 core:RetainedEarningsAccumulatedLosses 2023-06-30 12682407 2023-07-01 2024-06-30 12682407 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12682407 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 12682407 bus:Director40 2023-07-01 2024-06-30 12682407 1 2023-07-01 2024-06-30 12682407 2 2023-07-01 2024-06-30 12682407 countries:England 2023-07-01 2024-06-30 12682407 bus:FRS102 2023-07-01 2024-06-30 12682407 bus:FilletedAccounts 2023-07-01 2024-06-30 12682407 2024-06-30 12682407 core:WithinOneYear 2024-06-30 12682407 core:ShareCapital 2024-06-30 12682407 core:RetainedEarningsAccumulatedLosses 2024-06-30 12682407 2023-06-30 iso4217:GBP xbrli:pure