Angel Development Company Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 08920159

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	-		654,189
Cash at bank and in hand		14		25

		14		654,214
Creditors: Amounts Falling Due Within One Year	5	(549,839 )		(582,080 )

NET CURRENT ASSETS (LIABILITIES)			(549,825 )		72,134

TOTAL ASSETS LESS CURRENT LIABILITIES			(549,825 )		72,134

PROVISIONS FOR LIABILITIES
Provisions For Charges			(70,000 )		(70,000 )

NET (LIABILITIES)/ASSETS			(619,825 )		2,134

CAPITAL AND RESERVES
Called up share capital	6		1,000		1,000
Profit and Loss Account			(620,825 )		1,134

SHAREHOLDERS' FUNDS			(619,825)		2,134

Page 1

Page 2

Angel Development Company Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr B G Levy

Director

23/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Angel Development Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08920159 . The registered office is Charter House, 103-105 Leigh Road, Leigh-On-Sea, Essex, SS9 1JL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	-	654,189

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	5,400	3,000
Other creditors	544,439	579,080

	549,839	582,080

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

7. Contingent Liabilities

The company is in dispute with NHBC regarding the cost of rectification works to a single property, which NHBC has assessed at £65,000. In the director's opinion, a realistic assessment of the cost is £30,000, for which provision has been included in the accounts and, hence, there is a contingent liability of £35,000.

The company is also in dispute with its former main contractor. The quantum of any potential liability cannot presently be determined or estimated.

8. Related Party Transactions

The company maintains loan accounts with other companies controlled by the director's close family, which are interest-free and repayable on demand. Write offs and provisions totalling £616,414 have been made against those loans as at 31st March 2025, at which date there remained net indebtedness to the company of £nil (2024: £616,414).

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Angel Development Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Exceptional Items

	2025	2024
	£	£
Losses on related party loans	616,414


	616,414

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