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REGISTERED NUMBER: 12825684 (England and Wales)















Ochoa Properties Limited

Unaudited Financial Statements

for the period

20 August 2020 to 31 August 2021






Ochoa Properties Limited (Registered number: 12825684)

Contents of the Financial Statements
for the period 20 August 2020 to 31 August 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ochoa Properties Limited

Company Information
for the period 20 August 2020 to 31 August 2021







Director: B Stratford





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 12825684 (England and Wales)





Accountants: Haines Watts
Chartered Accountants
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

Ochoa Properties Limited (Registered number: 12825684)

Balance Sheet
31 August 2021

Notes £ £
Fixed assets
Investment property 4 787,109

Current assets
Cash at bank 2,051

Creditors
Amounts falling due within one year 5 293,322
Net current liabilities (291,271 )
Total assets less current liabilities 495,838

Creditors
Amounts falling due after more than one
year

6

514,326
Net liabilities (18,488 )

Capital and reserves
Called up share capital 8 2
Retained earnings 9 (18,490 )
Shareholders' funds (18,488 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 August 2022 and were signed by:





B Stratford - Director


Ochoa Properties Limited (Registered number: 12825684)

Notes to the Financial Statements
for the period 20 August 2020 to 31 August 2021


1. Statutory information

Ochoa Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Investment property
Investment properties are included in the Balance Sheet at their open market value in accordance with the Financial Reporting Standard 102 and are not depreciated. This treatment is contrary to the Companies' Act 2006 which states that fixed assets should be depreciated but is, in the opinion of the directors, necessary in order to give a true and fair view of the financial position of the company.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Going concern
The company meets its day to day working capital requirements through the support of the directors and shareholders of the company. On this basis, the directors and shareholders consider it appropriate to prepare the financial statements on the going concern basis.

3. Employees and directors

The average number of employees during the period was 1 .

4. Investment property
Total
£
Fair value
Additions 787,109
At 31 August 2021 787,109
Net book value
At 31 August 2021 787,109

Fair value at 31 August 2021 is represented by:
£
Valuation in 2021 787,109

5. Creditors: amounts falling due within one year
£
Other creditors 293,322

Ochoa Properties Limited (Registered number: 12825684)

Notes to the Financial Statements - continued
for the period 20 August 2020 to 31 August 2021


6. Creditors: amounts falling due after more than one year
£
Other creditors 514,326

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 439,937

7. Secured debts

The following secured debts are included within creditors:

£
Other loans 532,923

Topaz Finance Limited holds a charge over the assets of the company.

8. Called up share capital


Allotted, issued and fully paid:
Number: Class: Nominal
value: £
2 Ordinary £1 2

2 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

9. Reserves
Retained
earnings
£

Deficit for the period (18,490 )
At 31 August 2021 (18,490 )

10. Related party disclosures

Included within other creditors is £272,204 owed to the director.