Company Registration No. 12892850 (England and Wales)
OD DEVELOPMENT LTD
Unaudited accounts
for the year ended 31 August 2025
OD DEVELOPMENT LTD
Unaudited accounts
Contents
OD DEVELOPMENT LTD
Company Information
for the year ended 31 August 2025
Company Number
12892850 (England and Wales)
Registered Office
SUIT 2, PARKWAY 5 PARKWAY BUSINESS CENTR
300 PRINCESS ROAD
MANCHESTER
GREATER MANCHESTER
M14 7HR
ENGLAND
Accountants
CLEARCUT ACCOUNTING LIMITED
SUITE 2 PARKWAY 5 PARKWAY BUSINESS CENT
300 PRINCESS ROAD
MANCHESTER
M14 7HR
OD DEVELOPMENT LTD
Statement of financial position
as at 31 August 2025
Tangible assets
192,840
180,084
Cash at bank and in hand
18
2,477
Creditors: amounts falling due within one year
(178,245)
(161,421)
Net current liabilities
(172,059)
(153,095)
Called up share capital
100
100
Profit and loss account
20,681
26,889
Shareholders' funds
20,781
26,989
For the year ending 31 August 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 27 May 2026 and were signed on its behalf by
Odai Abbelfattah
Director
Company Registration No. 12892850
OD DEVELOPMENT LTD
Notes to the Accounts
for the year ended 31 August 2025
OD DEVELOPMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 12892850. The registered office is SUIT 2, PARKWAY 5 PARKWAY BUSINESS CENTR, 300 PRINCESS ROAD, MANCHESTER, GREATER MANCHESTER, M14 7HR, 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 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.
Rental income is earned by renting out property to tenants and is recognised on a straight-line basis over the rental period, unless another method better reflects the pattern of benefits derived from the rented asset. It is included in turnover when earned.
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:
The director have assessed the company’s financial position and future prospects and have no reason to believe that the company will not continue in operational existence for the foreseeable future. Accordingly, the accounts are prepared on a going concern basis
OD DEVELOPMENT LTD
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Land & buildings
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2024
154,191
38,510
192,701
At 31 August 2025
171,608
38,510
210,118
At 1 September 2024
-
12,617
12,617
Charge for the year
-
4,661
4,661
At 31 August 2025
-
17,278
17,278
At 31 August 2025
171,608
21,232
192,840
At 31 August 2024
154,191
25,893
180,084
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
6,127
10,105
Taxes and social security
(953)
5,835
Other creditors
14,259
7,000
Loans from directors
147,951
125,942
The director controls company.
8
Average number of employees
During the year the average number of employees was 0 (2024: 1).