Company registration number: 10226782
Unaudited financial statements
for the year ended 31 March 2025
for
Weavering Developments Ltd
Pages for filing with the Registrar
Company registration number: 10226782
Weavering Developments Ltd
Balance sheet
as at 31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 23,240 21,107
23,240 21,107
Current assets
Debtors 24,697 30,689
Cash at bank and in hand 5,915 22,813
30,612 53,502
Creditors: amounts falling due within one
year 		(48,126) (48,860)
Net current (liabilities)/assets (17,514) 4,642
Total assets less current liabilities 5,726 25,749
Creditors: Amounts falling due after more
than one year 		(2,500) (12,500)
Provisions for liabilities (3,001) (2,286)
NET ASSETS 225 10,963
Capital and reserves
Called up share capital 6 2
Profit and loss account 219 10,961
TOTAL EQUITY 225 10,963
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10226782
Weavering Developments Ltd
Balance sheet - continued
as at 31 March 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 19 June 2025 and signed on its behalf by:
Mr J Oakley, Director Mr S Oakley, Director
19 June 2025 19 June 2025
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Weavering Developments Ltd
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
Weavering Developments Ltd is a private company registered in England and Wales. Its registered number is 10226782. The company is limited by shares. Its registered office is 6 Henley Fields, Weavering, Maidstone, Kent, ME14 5UY.
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 historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Changes in accounting policies
Plant and machinery and motor vehicles had been historically depreciated at 25% on a straight line basis erroneously. The directors have amended the depreciation policies for these assets to 20% and 25% on a reducing balance basis.

These financial statements have taken into consideration the change of accounting policy by restating the comparative figures, and by way of a prior year adjustment.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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Weavering Developments Ltd
Notes to the financial statements - continued
for the year ended 31 March 2025
2 Accounting policies - continued
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 20% reducing balance
Fixtures & fittings - 15% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33% straight line
Financial instruments
The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3 Average number of employees
During the year the average number of employees was 3 (2024 - 3).
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Weavering Developments Ltd
Notes to the financial statements - continued
for the year ended 31 March 2025
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 April 2024 46,528
Additions 7,127
At 31 March 2025 53,655
Depreciation
At 1 April 2024 25,421
Charge for year 4,994
At 31 March 2025 30,415
Net book value
At 31 March 2025 23,240
At 31 March 2024 21,107
5 Advances, credit and guarantees granted to directors
The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024.
2025 2024
£ £
Mr J Oakley
Balance outstanding at start of year 1,241 2,376
Amounts repaid (1,241) (1,135)
Balance outstanding at end of year - 1,241
2025 2024
£ £
Mr S C Oakley
Balance outstanding at start of year 709 2,376
Amounts repaid (709) (1,667)
Balance outstanding at end of year - 709
No interest was charged on these loans.
6 Share capital
During the accounting period 1 Ordinary 'A', 1 Ordinary 'B', 1 Ordinary 'C' and 1 Ordinary 'D' shares were issued, called up and fully paid at par value of £1 each.
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Weavering Developments Ltd
Notes to the financial statements - continued
for the year ended 31 March 2025
7 Provisions for liabilities
Deferred tax has been provided for on accelerated capital allowances at the substantively enacted rate of 19%.
8 Restatement of comparatives
The comparatives have been restated for changes to the accounting policies for depreciation rates of fixed assets. The changes have resulted in an increase to the net book value of fixed assets totalling £11,758, an increase to the provision for deferred tax of £2,234 and an increase in retained earnings of £9,524 as at 31 March 2024.
9 Controlling party
The directors control the company by virtue of their shareholding.
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