Orwell Developments Limited 10487195 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is that of property development. Digita Accounts Production Advanced 6.30.9574.0 true 10487195 2024-01-01 2024-12-31 10487195 2024-12-31 10487195 core:RetainedEarningsAccumulatedLosses 2024-12-31 10487195 core:ShareCapital 2024-12-31 10487195 core:CurrentFinancialInstruments 2024-12-31 10487195 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 10487195 bus:SmallEntities 2024-01-01 2024-12-31 10487195 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 10487195 bus:FilletedAccounts 2024-01-01 2024-12-31 10487195 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10487195 bus:RegisteredOffice 2024-01-01 2024-12-31 10487195 bus:Director1 2024-01-01 2024-12-31 10487195 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10487195 countries:EnglandWales 2024-01-01 2024-12-31 10487195 2023-01-01 2023-12-31 10487195 2023-12-31 10487195 core:RetainedEarningsAccumulatedLosses 2023-12-31 10487195 core:ShareCapital 2023-12-31 10487195 core:CurrentFinancialInstruments 2023-12-31 10487195 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 10487195

Orwell Developments Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2024

Orwell Developments Limited

(Registration number: 10487195)
Balance Sheet as at 31 December 2024

| Note | 2024 £ | 2023 £
Current assets |  |  |
Cash at bank and in hand |  | 1,958 | 1,958
Creditors: Amounts falling due within one year | 4 | (8,790) | (8,790)
Net liabilities |  | (6,832) | (6,832)
Capital and reserves |  |  |
Called up share capital |  | 3 | 3
Retained earnings |  | (6,835) | (6,835)
Shareholders' deficit |  | (6,832) | (6,832)

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 September 2025 and signed on its behalf by:

......................................... Mr S Clark Director

Orwell Developments Limited

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

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Corner House
2 High Street
Aylesford
Kent
ME20 7BG
England

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Orwell Developments Limited

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

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

4 | Creditors

| Note | 2024 £ | 2023 £
Due within one year |  |  |
Loans and borrowings | 5 | 8,000 | 8,000
Accruals and deferred income |  | 790 | 790
|  | 8,790 | 8,790

5 | Loans and borrowings

Current loans and borrowings

| 2024 £ | 2023 £
Other borrowings | 8,000 | 8,000