Company Registration No. 11367365 (England and Wales)
WINDLEIGH DEVELOPMENTS LTD
Unaudited accounts
for the year ended 31 May 2025
WINDLEIGH DEVELOPMENTS LTD
Unaudited accounts
Contents
WINDLEIGH DEVELOPMENTS LTD
Company Information
for the year ended 31 May 2025
Directors
James Michael Bushe
Mrs Nicole Suki Milner
Company Number
11367365 (England and Wales)
Registered Office
Southgate Office Village, Block E
286-A Chase Road
Southgate
London
N14 6HF
England
Accountants
Stoke Newington Accountants & Tax Consultants Ltd
Southgate Office Village, Block E
286-A Chase Road
Southgate
London
N14 6HF
WINDLEIGH DEVELOPMENTS LTD
Statement of financial position
as at 31 May 2025
Inventories
196,825
52,788
Debtors
1,202,240
1,210,748
Cash at bank and in hand
3,678
333,275
Creditors: amounts falling due within one year
(2,265)
(11,823)
Net current assets
1,400,478
1,584,988
Total assets less current liabilities
1,401,164
1,585,795
Creditors: amounts falling due after more than one year
(1,406,132)
(1,587,375)
Net liabilities
(4,968)
(1,580)
Called up share capital
100
100
Profit and loss account
(5,068)
(1,680)
Shareholders' funds
(4,968)
(1,580)
For the year ending 31 May 2025 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 21 December 2025 and were signed on its behalf by
Mrs Nicole Suki Milner
Director
Company Registration No. 11367365
WINDLEIGH DEVELOPMENTS LTD
Notes to the Accounts
for the year ended 31 May 2025
WINDLEIGH DEVELOPMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 11367365. The registered office is Southgate Office Village, Block E, 286-A Chase Road, Southgate, London, N14 6HF, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
15% Reducing Balance Method
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
WINDLEIGH DEVELOPMENTS LTD
Notes to the Accounts
for the year ended 31 May 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
1,200,000
1,200,000
6
Creditors: amounts falling due within one year
2025
2024
WINDLEIGH DEVELOPMENTS LTD
Notes to the Accounts
for the year ended 31 May 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Amounts owed to group undertakings and other participating interests
197,051
378,294
Other creditors
1,209,081
1,209,081
8
Transactions with related parties
At the balance sheet date, where the director held controlling interests, the company owed Cruz Developments (London) Ltd £67,894 and Pattaya Greyhound Co Limited £129,157.
At the balance sheet date, where the director held controlling interest, the company owed the directors £1,209,081.
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).