Company Registration No. 06131569 (England and Wales)
Number 10 Developments Ltd.
Unaudited accounts
for the year ended 31 March 2025
Number 10 Developments Ltd.
Unaudited accounts
Contents
Number 10 Developments Ltd.
Company Information
for the year ended 31 March 2025
Company Number
06131569 (England and Wales)
Registered Office
17 Hartley Road
Exmouth
Devon
EX8 2SG
England
Accountants
Brambillow Accounting Ltd
Brookhouse
Cranoe Road
Welham
Leicestershire
LE16 7UH
Number 10 Developments Ltd.
Statement of financial position
as at 31 March 2025
Tangible assets
4,563
6,456
Creditors: amounts falling due within one year
(272,841)
(266,511)
Net current liabilities
(259,640)
(266,242)
Total assets less current liabilities
(255,077)
(259,786)
Creditors: amounts falling due after more than one year
-
(11,667)
Provisions for liabilities
Net liabilities
(255,944)
(272,680)
Called up share capital
270,000
270,000
Profit and loss account
(525,944)
(542,680)
Shareholders' funds
(255,944)
(272,680)
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 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 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 and authorised for issue on 29 December 2025 and were signed on its behalf by
Mr Alan Pyne
Director
Company Registration No. 06131569
Number 10 Developments Ltd.
Notes to the Accounts
for the year ended 31 March 2025
Number 10 Developments Ltd. is a private company, limited by shares, registered in England and Wales, registration number 06131569. The registered office is 17 Hartley Road, Exmouth, Devon, EX8 2SG, 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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
20% straight line
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.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
2,097
21,182
2,712
25,991
At 31 March 2025
2,097
21,182
2,712
25,991
At 1 April 2024
1,528
16,347
1,660
19,535
Charge for the year
142
1,209
542
1,893
At 31 March 2025
1,670
17,556
2,202
21,428
At 31 March 2025
427
3,626
510
4,563
At 31 March 2024
569
4,835
1,052
6,456
Number 10 Developments Ltd.
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Accrued income and prepayments
694
269
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
40,634
26,227
Trade creditors
7,800
3,562
Taxes and social security
-
491
Loans from directors
222,818
232,912
7
Creditors: amounts falling due after more than one year
2025
2024
8
Deferred taxation
2025
2024
Accelerated capital allowances
867
1,227
Provision at start of year
1,227
1,653
Credited to the profit and loss account
(360)
(426)
Provision at end of year
867
1,227
A deferred tax asset of £98,265 is not recognised at 31 March 2025 because it is not considered likely that there will be sufficient future profits against which the tax asset could be offset (2024: unrecognised deferred tax asset of £101,974).
Allotted, called up and fully paid:
20,000 Ordinary shares of £1 each
20,000
20,000
250,000 Redeemable Preference Shares of £1 each
250,000
250,000
Number 10 Developments Ltd.
Notes to the Accounts
for the year ended 31 March 2025
10
Transactions with related parties
At 31 March 2025, included within creditors is an amount of £222,818 (2024: £232,912) which is owed by the Company to the Directors. The following conditions are attached to all amounts owed: (1) interest is not charged on any amount outstanding and; (2) there is no fixed date for repayment.
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).