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Company Registration No. 12254894 (England and Wales)
Opportunity Knox Developments Limited Unaudited accounts for the year ended 31 October 2024
Opportunity Knox Developments Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Opportunity Knox Developments Limited Company Information for the year ended 31 October 2024
Directors
Simon Mitchell Jeannie Mitchell
Company Number
12254894 (England and Wales)
Registered Office
Unit 13 Small Business Centre Marine Street Ebbw Vale NP23 7TB
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Opportunity Knox Developments Limited Statement of financial position as at 31 October 2024
2024
Notes
£
Fixed assets
Tangible assets
4
170
Investment property
5
107,759
107,929
Current assets
Inventories
411,386
Cash at bank and in hand
7,031
418,417
Creditors: amounts falling due within one year
6
(312,847)
Net current assets
105,570
Total assets less current liabilities
213,499
Creditors: amounts falling due after more than one year
7
(214,001)
Net liabilities
(502)
Capital and reserves
Called up share capital
240
Profit and loss account
(742)
Shareholders' funds
(502)
For the year ending 31 October 2024 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 5 November 2025 and were signed on its behalf by
Simon Mitchell Director Company Registration No. 12254894
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Opportunity Knox Developments Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Opportunity Knox Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 12254894. The registered office is Unit 13 Small Business Centre, Marine Street, Ebbw Vale, NP23 7TB.
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 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:
Computer equipment
20%
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 November 2023
-
Additions
170
At 31 October 2024
170
Depreciation
At 31 October 2024
-
Net book value
At 31 October 2024
170
5
Investment property
2024
£
Additions
107,759
At 31 October 2024
107,759
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Opportunity Knox Developments Limited Notes to the Accounts for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024
£
Bank loans and overdrafts
127,957
Trade creditors
575
Taxes and social security
5,715
Loans from directors
178,600
312,847
7
Creditors: amounts falling due after more than one year
2024
£
Bank loans
214,001
8
Average number of employees
During the year the average number of employees was 0.
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