2022-06-10 2023-06-30 14165203 ODIL PROPERTY LTD false 14165203 2022-06-10 2023-06-30 14165203 uk-bus:Director1 2022-06-10 2023-06-30 14165203 uk-bus:AuditExempt-NoAccountantsReport 2022-06-10 2023-06-30 14165203 uk-bus:SmallEntities 2022-06-10 2023-06-30 14165203 uk-bus:FullAccounts 2022-06-10 2023-06-30 14165203 uk-bus:PrivateLimitedCompanyLtd 2022-06-10 2023-06-30 14165203 2022-06-10 14165203 2023-06-30 14165203 2022-06-30 xbrli:pure iso4217:GBP 14165203 2021-06-10 2022-06-30
Company Registration Number : 14165203 (England and Wales)
14165203
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-06-30
false
ODIL PROPERTY LTD
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2022-06-10
ODIL PROPERTY LTD
Unaudited filleted financial statements
For 386 days period from 10 June 2022 to 30 June 2023
ODIL PROPERTY LTD
Contents
For 386 days period from 10 June 2022 to 30 June 2023

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


ODIL PROPERTY LTD
Company Information
For 386 days period from 10 June 2022 to 30 June 2023

Company registration number 14165203 (England and Wales)
Directors Philip Johnny Brackx
Frank Bert Lieven Provoost
Registered office address Flat 1701 Deveraux House Duke Of Wellington Avenue
London
England
SE18 6NQ
Accountant DNS Associates
Chartered Institute of Management Accountants
382 Kenton Road
Harrow, Middlesex
United kingdom
HA3 8DP
ODIL PROPERTY LTD
Statement of Financial Position
For 386 days period from 10 June 2022 to 30 June 2023

2023
Notes £
Fixed assets
Investment Property 437,971
5 437,971
Current assets
Cash and cash equivalents 3,897
3,897
Current liabilities
Creditors: Amounts falling due within one year (129,436)
Corporation tax payable (41)
(129,477)
Net current (liabilities)/assets (125,580)
Total assets less current liabilities 312,392
Non-current liabilities
Creditors: Amounts falling due after more than one year (312,218)
Net assets/(liabilities) 174
Capital and reserves
Called up share capital 2
Retained earnings 172
Shareholders' funds 174
For the year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 30 June 2023 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 05 March 2024
.............................
Frank Bert Lieven Provoost (Director)
Company registration number: 14165203
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-06-30 30 June 2023
2023
£
Fixed Assets 437,971
Current Assets 3,897
Creditors: amounts falling due within one year (129,477)
Net current assets (liabilities) (125,580)
Total assets less current liabilities 312,392
CREDITORS: Amounts falling due more than one year (312,218)
Net Assets (liabilities) 174
Capital and Reserves 174
For the year ending 30/06/2023 the company was entitled to exemption 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. For the year ending 30-06-2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 05 March 2024 2024-03-05 and signed on behalf of the board,
.............................
Frank Bert Lieven Provoost
Director
Company registration number: 14165203
ODIL PROPERTY LTD
Notes to the Financial Statements
For 386 days period from 10 June 2022 to 30 June 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is Flat 1701 Deveraux House Duke Of Wellington Avenue, London, England, SE18 6NQ.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Rental income
Rental income from operating leases are recognised on a straight-line basis over the term of the relevant lease. Rental Income is included within other income from fixed assets.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Investment Properties
Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognized in profit or loss.
If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property.
it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an ongoing basis.

(4) Employees
During the period, the average number of employees including director was 0 .

(5) Fixed assets
Investments
Property
£
Cost
Additions437,971
As at 30 June 2023437,971
Depreciation/Amortisation
As at 30 June 2023-
Net book value
As at 30 June 2023437,971

(6) Investment Properties
FRS 102 1A requires deferred tax to be accounted for assets that are subject to revaluation. Consequently, There is no deferred tax consider/accounted for the current reporting period, As the no movement under cost of investment properties during the year.