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Company Registration No. 05128623 (England and Wales)
OLIVE PROPERTIES CONSULTANTS LIMITED Unaudited accounts for the year ended 31 March 2024
OLIVE PROPERTIES CONSULTANTS LIMITED Unaudited accounts Contents
Page
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OLIVE PROPERTIES CONSULTANTS LIMITED Company Information for the year ended 31 March 2024
Directors
Renata Noami Lewinson Charli Wilson
Company Number
05128623 (England and Wales)
Registered Office
69 Loughborough Road West Bridgford Nottingham NG2 7LA ENGLAND
Accountants
M.A.D. Accountants Ltd Welbeck House 69 Loughborough Road West Bridgford Nottinghamshire NG2 7LA
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OLIVE PROPERTIES CONSULTANTS LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,407 
22,543 
Investment property
3,585,001 
6,325,001 
3,603,408 
6,347,544 
Current assets
Debtors
- 
2,091 
Cash at bank and in hand
641,755 
180,534 
641,755 
182,625 
Creditors: amounts falling due within one year
(7,997)
(21,109)
Net current assets
633,758 
161,516 
Total assets less current liabilities
4,237,166 
6,509,060 
Creditors: amounts falling due after more than one year
(2,434,843)
(4,374,411)
Provisions for liabilities
Deferred tax
(786)
(326)
Net assets
1,801,537 
2,134,323 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
1,667,821 
1,667,821 
Profit and loss account
133,616 
466,402 
Shareholders' funds
1,801,537 
2,134,323 
For the year ending 31 March 2024 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 responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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.
The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2024 and were signed on its behalf by
Charli Wilson Director Company Registration No. 05128623
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OLIVE PROPERTIES CONSULTANTS LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
OLIVE PROPERTIES CONSULTANTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05128623. The registered office is 69 Loughborough Road, West Bridgford, Nottingham, NG2 7LA, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
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OLIVE PROPERTIES CONSULTANTS LIMITED Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
22,450 
15,851 
38,301 
Additions
1,709 
290 
1,999 
At 31 March 2024
24,159 
16,141 
40,300 
Depreciation
At 1 April 2023
10,415 
5,343 
15,758 
Charge for the year
3,436 
2,699 
6,135 
At 31 March 2024
13,851 
8,042 
21,893 
Net book value
At 31 March 2024
10,308 
8,099 
18,407 
At 31 March 2023
12,035 
10,508 
22,543 
5
Investment property
2024 
£ 
Fair value at 1 April 2023
6,325,001 
Disposals
(2,740,000)
At 31 March 2024
3,585,001 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,805 
Other debtors
- 
286 
- 
2,091 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
3,827 
- 
Taxes and social security
- 
5,428 
Other creditors
1,950 
1,951 
Loans from directors
636 
13,161 
Accruals
1,584 
569 
7,997 
21,109 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
2,421,671 
4,354,278 
Deferred income
13,172 
20,133 
2,434,843 
4,374,411 
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OLIVE PROPERTIES CONSULTANTS LIMITED Notes to the Accounts for the year ended 31 March 2024
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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