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Company registration number: 15451105
Olex Developments Ltd
Unaudited filleted financial statements
31 January 2026
Olex Developments Ltd
Contents
Directors and other information
Accountants report
Statement of financial position
Olex Developments Ltd
Directors and other information
Director Mr Jeffrey Paul Davies
Secretary Jeffrey Paul Davies
Company number 15451105
Registered office 12 Gwylym Street
Cwmdu
Swansea
SA5 8HD
Business address 12 Gwylym Street
Cwmdu
Swansea
SA5 8HD
Accountants Morgan Hemp
103-104 Walter Road
Swansea
SA1 5QF
Olex Developments Ltd
Report to the director on the preparation of the
unaudited statutory financial statements of Olex Developments Ltd
Year ended 31 January 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Olex Developments Ltd for the year ended 31 January 2026 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the director of Olex Developments Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Olex Developments Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Olex Developments Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Olex Developments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Olex Developments Ltd. You consider that Olex Developments Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Olex Developments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Morgan Hemp
Chartered Certified Accountants
103-104 Walter Road
Swansea
SA1 5QF
16 September 2026
Olex Developments Ltd
Statement of financial position
31 January 2026
31/01/26 31/01/25
£ £
Fixed assets 110,569 110,569
_______ _______
Current assets 32,669 3,657
Creditors: amounts falling due within one year ( 82,135) ( 56,501)
_______ _______
Net current liabilities ( 49,466) ( 52,844)
_______ _______
Total assets less current liabilities 61,103 57,725
Creditors: amounts falling due after more than one year ( 68,850) ( 68,850)
Accruals and deferred income ( 790) ( 750)
_______ _______
Net liabilities ( 8,537) ( 11,875)
_______ _______
Capital and reserves ( 8,537) ( 11,875)
_______ _______
Olex Developments Ltd
Year ended 31 January 2026
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 16 September 2026 , and are signed on behalf of the board by:
Mr Jeffrey Paul Davies
Director
Company registration number: 15451105
The company is a private company limited by shares, registered in United Kingdom.