REGISTERED NUMBER: 09266642 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

One Fine Day Developments Ltd

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Mr R S Green

Mr R M Sidebottom

SECRETARY:

Mr R M Sidebottom

REGISTERED OFFICE:

5 Portal Business Park

Eaton Lane

Tarporley

Cheshire

CW6 9DL

REGISTERED NUMBER:

09266642 (England and Wales)

ACCOUNTANTS:

Langricks (Holmfirth) Limited

4 Greenfield Road

Holmfirth

West Yorkshire

HD9 2JT

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of One Fine Day Developments Ltd for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of One Fine Day Developments Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of One Fine Day Developments Ltd and state those matters that we have agreed to state to the Board of Directors of One Fine Day Developments Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than One Fine Day Developments Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that One Fine Day Developments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of One Fine Day Developments Ltd. You consider that One Fine Day Developments Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of One Fine Day Developments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Langricks (Holmfirth) Limited

4 Greenfield Road

Holmfirth

West Yorkshire

HD9 2JT

30 September 2025

FIXED ASSETS

Tangible assets

4

20,192

23,535

CURRENT ASSETS

Stocks

9,500,000

6,640,000

Debtors

5

1,072,590

107,677

Cash at bank

384

157

10,572,974

6,747,834

CREDITORS

Amounts falling due within one year

6

3,931,319

3,278,326

NET CURRENT ASSETS

6,641,655

3,469,508

TOTAL ASSETS LESS CURRENT LIABILITIES

6,661,847

3,493,043

CREDITORS

Amounts falling due after more than one year

7

9,414,200

5,909,398

NET LIABILITIES

(2,752,353

)

(2,416,355

)

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

8

(2,752,356

)

(2,416,358

)

(2,752,353

)

(2,416,355

)

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 directors acknowledge their 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.

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 Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

Mr R S Green - Director

Mr R M Sidebottom - Director

1.	STATUTORY INFORMATION

One Fine Day Developments Ltd 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.

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

-

20% on reducing balance

Fixtures and fittings

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 tax

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 have been enacted or substantively enacted by the year end 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 probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Going concern

The company is considered a going concern due to the financial support of the directors and shareholders, who will not seek repayment of their loans until the company is in a position to repay them.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

12,775

958

21,243

34,976

DEPRECIATION

At 1 January 2024

7,280

838

3,323

11,441

Charge for year

1,099

120

2,124

3,343

At 31 December 2024

8,379

958

5,447

14,784

NET BOOK VALUE

At 31 December 2024

4,396

-

15,796

20,192

At 31 December 2023

5,495

120

17,920

23,535

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

26,351

-

Amounts owed by group undertakings

4,844

4,081

Other debtors

1,041,395

103,596

1,072,590

107,677

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,375

10,119

Payments on account

34,696

32,500

Trade creditors

443,444

436,998

Amounts owed to group undertakings

453,858

405,458

Taxation and social security

62,798

36,719

Other creditors

2,926,148

2,356,532

3,931,319

3,278,326

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

6,173

16,548

Other creditors

9,408,027

5,892,850

9,414,200

5,909,398

8.

RESERVES

Retained

earnings

£

At 1 January 2024

(2,416,358

)

Deficit for the year

(335,998

)

At 31 December 2024

(2,752,356

)

Profit and loss account:

This reserve records retained earnings and accumulated losses.

9.	RELATED PARTY DISCLOSURES

During the year to 31 December 2024 the company received loans of £48,400 from the parent company. At 31 December 2024 the company owed the parent company £453,858 (2023: £405,458) which is included in creditors. The company paid interest of £40,159 (2023: £40,759) on the loans from the parent company during the year.

The company is related to the directors. During the year to 31 December 2024 the directors made further loans of £119,139 to the company, and £257,896 was repaid. At 31 December 2024 the company owed the directors £987,937 (2023: £1,126,694), which is included in creditors.

The company is related to a connected company. During the year to 31 December 2024, the company received loans of £159,067 from the connected company and repaid £211,517. At 31 December 2024, the company owed £24,601 to the connected company (2023: £77,052) which is included in creditors.

The company made loans of £70,050 to other connected companies during the year of which £Nil was repaid. At 31 December 2024 the company was owed £71,269 (2023: £1,219) by the connected companies, which is included in debtors.

10.	ULTIMATE CONTROLLING PARTY

The company is under the control of R Sidebottom, R Green and K Dearling due to their shareholdings in the parent company.