3 September 2024 false No description of principal activity Taxfiler 2024.6 15932429business:PrivateLimitedCompanyLtd2024-09-032025-09-30 159324292024-09-02 159324292024-09-032025-09-30 15932429business:AuditExempt-NoAccountantsReport2024-09-032025-09-30 15932429business:FilletedAccounts2024-09-032025-09-30 159324292025-09-30 15932429business:Director12024-09-032025-09-30 15932429business:Director22024-09-032025-09-30 15932429business:Director32024-09-032025-09-30 15932429business:Director42024-09-032025-09-30 15932429business:Director52024-09-032025-09-30 15932429business:RegisteredOffice2024-09-032025-09-30 15932429core:WithinOneYear2025-09-30 15932429core:AfterOneYear2025-09-30 15932429core:ShareCapitalcore:PreviouslyStatedAmount2025-09-30 15932429core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-09-30 15932429core:PreviouslyStatedAmount2025-09-30 15932429business:SmallEntities2024-09-032025-09-30 15932429countries:EnglandWales2024-09-032025-09-30 iso4217:GBP xbrli:pure
Company Registration No. 15932429 (England and Wales)
Wild Orchid Development Limited Unaudited accounts for the period from 3 September 2024 to 30 September 2025
Wild Orchid Development Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Wild Orchid Development Limited Company Information for the period from 3 September 2024 to 30 September 2025
Directors
Akin Martins Afolabi Nnamdi Ifeanyi Nwizu Stephen Olutayo Osho Oluwatosin Oluwagbenga Osunkoya Elveden Rindex Limited (15910093)
Company Number
15932429 (England and Wales)
Registered Office
Unit 6 30 Friern Park London N12 9DA England
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Wild Orchid Development Limited Statement of financial position as at 30 September 2025
2025 
Notes
£ 
Current assets
Inventories
4
3,743,253 
Debtors
5
20,730 
Cash at bank and in hand
25,722 
3,789,705 
Creditors: amounts falling due within one year
6
(33,714)
Net current assets
3,755,991 
Total assets less current liabilities
3,755,991 
Creditors: amounts falling due after more than one year
7
(3,757,223)
Net liabilities
(1,232)
Capital and reserves
Called up share capital
2 
Profit and loss account
(1,234)
Shareholders' funds
(1,232)
For the period ending 30 September 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 2 June 2026 and were signed on its behalf by
Akin Martins Afolabi Director Company Registration No. 15932429
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Wild Orchid Development Limited Notes to the Accounts for the period from 3 September 2024 to 30 September 2025
1
Statutory information
Wild Orchid Development Limited is a private company, limited by shares, registered in England and Wales, registration number 15932429. The registered office is Unit 6, 30 Friern Park, London, N12 9DA, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Inventories
Inventories comprise land and development costs held for sale in the ordinary course of business. They are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes the purchase price of land, directly attributable development expenditure (including professional fees, planning costs and construction costs) and attributable borrowing costs incurred during the period of development. Borrowing costs are capitalised from the date that development activity commences until the date the development is substantially complete and ready for sale. When the net realisable value of a development is expected to be lower than its carrying amount, a write-down is recognised immediately in profit or loss. Write-downs are reversed if the circumstances that gave rise to them no longer exist.
4
Inventories
2025 
£ 
Work in progress
3,743,253 
3,743,253 
5
Debtors
2025 
£ 
Amounts falling due within one year
VAT
20,730 
6
Creditors: amounts falling due within one year
2025 
£ 
Trade creditors
32,864 
Accruals
850 
33,714 
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Wild Orchid Development Limited Notes to the Accounts for the period from 3 September 2024 to 30 September 2025
7
Creditors: amounts falling due after more than one year
2025 
£ 
Bank loans
1,026,937 
Other creditors
2,730,286 
3,757,223 
8
Average number of employees
During the period the average number of employees was 4.
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