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REGISTERED NUMBER: 13004497 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Odd Even Ltd

Odd Even Ltd (Registered number: 13004497)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Odd Even Ltd (Registered number: 13004497)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 262,146 86,395

Current assets
Stocks 1,600 -
Debtors 5 6,518 14,259
Cash at bank 2,905 43,994
11,023 58,253
Creditors: amounts falling due within
one year

6

344,547

153,179
Net current liabilities (333,524 ) (94,926 )
Total assets less current liabilities (71,378 ) (8,531 )

Provisions for liabilities 7,733 713
Net liabilities (79,111 ) (9,244 )

Capital and reserves
Called up share capital 7 1 1
Retained earnings (79,112 ) (9,245 )
Shareholders' funds (79,111 ) (9,244 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Odd Even Ltd (Registered number: 13004497)

Balance Sheet - continued
31 March 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 August 2024 and were signed by:





W P Howell - Director


Odd Even Ltd (Registered number: 13004497)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. Statutory information

Odd Even Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13004497

Registered office: 85 Church Road
Hove
East Sussex
BN3 2BB

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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.

Turnover
Sale of goods
Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.This is usually on dispatch of the goods.
Rendering of services
When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Plant and machinery - 25% reducing balance
Computer equipment- 33% on cost
Leashold improvements- 20 years

Odd Even Ltd (Registered number: 13004497)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. Accounting policies - continued

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

3. Employees and directors

The average number of employees during the year was NIL (2023 - NIL).

Odd Even Ltd (Registered number: 13004497)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. Tangible fixed assets
Fixtures
Long Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
Cost
At 1 April 2023 36,456 42,427 7,512 - 86,395
Additions 151,027 36,686 9,849 2,617 200,179
At 31 March 2024 187,483 79,113 17,361 2,617 286,574
Depreciation
Charge for year 5,379 15,698 2,775 576 24,428
At 31 March 2024 5,379 15,698 2,775 576 24,428
Net book value
At 31 March 2024 182,104 63,415 14,586 2,041 262,146
At 31 March 2023 36,456 42,427 7,512 - 86,395

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Amounts owed by group undertakings 1 1
Other debtors 6,517 14,258
6,518 14,259

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 4,485 1,566
Amounts owed to group undertakings 263,873 150,354
Other creditors 76,189 1,259
344,547 153,179

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

Odd Even Ltd (Registered number: 13004497)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. Related party disclosures

At the year end, the company owed the director £73,689 (2023: £nil).