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REGISTERED NUMBER: 14419269 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 14 OCTOBER 2022 TO 30 JUNE 2023

FOR

OMIKAMI LIMITED

OMIKAMI LIMITED (REGISTERED NUMBER: 14419269)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 14 OCTOBER 2022 TO 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


OMIKAMI LIMITED

COMPANY INFORMATION
FOR THE PERIOD 14 OCTOBER 2022 TO 30 JUNE 2023







DIRECTOR: J A Smart





REGISTERED OFFICE: Wool Yard
52 Bermondsey Street
London
SE1 3UD





REGISTERED NUMBER: 14419269 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

OMIKAMI LIMITED (REGISTERED NUMBER: 14419269)

BALANCE SHEET
30 JUNE 2023

Notes £   
FIXED ASSETS
Investment property 4 2,841,942

CURRENT ASSETS
Debtors 5 377,881
Cash in hand 1
377,882
CREDITORS
Amounts falling due within one year 6 (3,221,035 )
NET CURRENT LIABILITIES (2,843,153 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,211

)

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings (1,212 )
(1,211 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 4 September 2023 and were signed by:





J A Smart - Director


OMIKAMI LIMITED (REGISTERED NUMBER: 14419269)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 14 OCTOBER 2022 TO 30 JUNE 2023


1. STATUTORY INFORMATION

Omikami 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.

Going concern
The company manages it cash flow as part of a group & is reliant on finance provided by other group companies. The director has reviewed the group finance facilities and the expected cash flow for the group and has a reasonable expectation that the company has adequate resources to continue to operate for the foreseeable future.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

The fair value is based on a valuation carried out by the director at each accounting reference date.

Financial instruments
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets
Basic financial assets are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised.

Financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting its liabilities.

Basic financial liabilities are initially recognised at transaction price unless the arrangement constitutes a financing transaction.

Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Financial liabilities classified as payable within one year are not amortised.

3. EMPLOYEES

The average number of employees during the period was NIL.

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 2,841,942
At 30 June 2023 2,841,942
NET BOOK VALUE
At 30 June 2023 2,841,942


OMIKAMI LIMITED (REGISTERED NUMBER: 14419269)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 14 OCTOBER 2022 TO 30 JUNE 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 377,881

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to group undertakings 172,951
Other creditors 3,048,084
3,221,035

7. POST BALANCE SHEET EVENTS

The company had exchanged on an unconditional contract prior to the year end to purchase a property. The contract exchanged on 13th July 2023.

8. ULTIMATE CONTROLLING PARTY

The controlling party is Urban Eye Properties Limited, of which the registered office is Unit 52.11, Woolyard, Bermondsey Street, London, SE1 3UD.