Orme Developments Ltd - Filleted accounts

Registered number

09950435

Orme Developments Ltd

Filleted Accounts

31 January 2026

Orme Developments Ltd
Registered number:		09950435
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		446			525
Investment Properties	4		612,000			612,000
			612,446			612,525

Current assets
Cash at bank and in hand		2,640			6,468

Creditors: amounts falling due within one year	5	(2,009)			(1,612)

Net current assets			631			4,856

Total assets less current liabilities			613,077			617,381

Creditors: amounts falling due after more than one year	6		(611,914)			(616,799)



Net assets			1,163			582

Capital and reserves
Called up share capital			100			100
Profit and loss account			1,063			482

Shareholders' funds			1,163			582

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C Regan			R Sutton
Director			Director
Approved by the board on 19 October 2026			Approved by the board on 19 October 2026

Orme Developments Ltd
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Office equipment	15% reducing balance

	Investment property
	Investment property, which is property held to earn rentals and/or for capital appreciation, is initally recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measued at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

	Cash and cash equivalents
	Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Office equipment
£
	Cost
	At 1 February 2025				1,032
	At 31 January 2026				1,032

	Depreciation
	At 1 February 2025				507
	Charge for the year				79
	At 31 January 2026				586

	Net book value
	At 31 January 2026				446
	At 31 January 2025				525


4	Investment Property
£
	Cost
	Fair value at 1 February 2025				612,000

	At 31 January 2026				612,000


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Taxation and social security costs		389		172
	Other creditors		1,620		1,440
			2,009		1,612


6	Creditors: amounts falling due after one year		2026		2025
£				£

	Bank loans		539,314		546,348
	Other creditors		72,600		70,451
			611,914		616,799


7	Other information

	Orme Developments Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	10 Bristow Close
	Great Sankey
	Warrington
	Cheshire
	WA5 8EU