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REGISTERED NUMBER: 09294244 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

OUDINI ESTATES LTD

OUDINI ESTATES LTD (Registered number: 09294244)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OUDINI ESTATES LTD

Company Information
for the Year Ended 30 November 2023







DIRECTOR: M. OUDINI ESQ.





SECRETARY:





REGISTERED OFFICE: MALCOM WILSON GILLOTT FOWLER & CO
5TH FLOOR
26/28 HAMMERSMITH GROVE
LONDON
W6 7BA





REGISTERED NUMBER: 09294244 (England and Wales)





ACCOUNTANTS: MALCOLM, WILSON, GILLOTT, FOWLER & CO.
CHARTERED CERTIFIED ACCOUNTANTS
SPACES
12 HAMMERSMITH GROVE
LONDON
W6 7AP

OUDINI ESTATES LTD (Registered number: 09294244)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,697 5,871

CURRENT ASSETS
Debtors 5 43,052 111,674
Investments 6 130,000 -
Cash at bank 41,744 91,329
214,796 203,003
CREDITORS
Amounts falling due within one year 7 76,511 65,307
NET CURRENT ASSETS 138,285 137,696
TOTAL ASSETS LESS CURRENT
LIABILITIES

142,982

143,567

CREDITORS
Amounts falling due after more than
one year

8

(33,814

)

(39,000

)

PROVISIONS FOR LIABILITIES 9 (450 ) (576 )
NET ASSETS 108,718 103,991

OUDINI ESTATES LTD (Registered number: 09294244)

Balance Sheet - continued
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 30,000 30,000
Retained earnings 11 78,718 73,991
SHAREHOLDERS' FUNDS 108,718 103,991

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 29 August 2024 and were signed by:





M. OUDINI ESQ. - Director


OUDINI ESTATES LTD (Registered number: 09294244)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

OUDINI ESTATES LTD 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year 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.


OUDINI ESTATES LTD (Registered number: 09294244)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2022
and 30 November 2023 1,086 5,667 10,424 17,177
DEPRECIATION
At 1 December 2022 836 4,643 5,827 11,306
Charge for year 50 205 919 1,174
At 30 November 2023 886 4,848 6,746 12,480
NET BOOK VALUE
At 30 November 2023 200 819 3,678 4,697
At 30 November 2022 250 1,024 4,597 5,871

OUDINI ESTATES LTD (Registered number: 09294244)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.11.23 30.11.22
£    £   
Trade debtors 28,459 104,575
Other debtors 14,593 7,099
43,052 111,674

6. CURRENT ASSET INVESTMENTS
30.11.23 30.11.22
£    £   
Unlisted investments 130,000 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.11.23 30.11.22
£    £   
Trade creditors 2,047 6,965
Taxation and social security 12,461 12,786
Other creditors 62,003 45,556
76,511 65,307

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans 33,814 39,000

9. PROVISIONS FOR LIABILITIES
30.11.23 30.11.22
£    £   
Deferred tax
Accelerated capital allowances 450 576

OUDINI ESTATES LTD (Registered number: 09294244)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 December 2022 576
Provided during year (126 )
Balance at 30 November 2023 450

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
30,000 Ordinary £1 30,000 30,000

11. RESERVES
Retained
earnings
£   

At 1 December 2022 73,991
Profit for the year 34,727
Dividends (30,000 )
At 30 November 2023 78,718