OLAM Developments Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 13286956

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	138,874		138,874
Debtors	5	273		87

		139,147		138,961
Creditors: Amounts Falling Due Within One Year	6	(159,476 )		(156,742 )

NET CURRENT ASSETS (LIABILITIES)			(20,329 )		(17,781 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(20,329 )		(17,781 )

NET LIABILITIES			(20,329 )		(17,781 )

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			(20,330 )		(17,782 )

SHAREHOLDERS' FUNDS			(20,329)		(17,781)

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 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.

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

Stephen Whitaker

Director

28/12/2025

The notes on page 2 form part of these financial statements.

1. General Information

OLAM Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13286956 . The registered office is 39 Main Street, Bunny, Nottingham, NG11 6QU.

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.

2.2. Stocks and Work in Progress

Work in Progress ("WIP") for residential properties under development is valued at the lower of cost and net realisable value. Costs include direct materials, labor, and an attributable proportion of overheads.

WIP is assessed at each reporting period for evidence of impairment and any impairment loss is recognised immediately in the income statement. The company recognises changes in the valuation of WIP as an adjustment to the cost of sales in the period in which the changes occur

3. Average Number of Employees

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

4. Stocks

	2025	2024
	£	£
Work in progress	138,874	138,874

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	91	87
VAT	182	-

	273	87

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Directors' loan accounts	141,670	140,990
Amounts owed to parent undertaking	17,806	15,752

	159,476	156,742

7. Share Capital

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

8. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is OLA Real Estate Limited .

OLA Real Estate Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10140141. The registered office of OLA Real Estate Limited is 39 Main Street, Bunny, Nottingham, NG11 6QU.

The ultimate controlling party of OLAM Developments Limited is Stephen Whitaker and Leanne Whitaker who controls 100% of the shares of OLA Real Estate Limited .

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