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Registration number: 14677774

OGGRP Limited

Unaudited Filleted Financial Statements

for the Period from 20 February 2023 to 31 March 2024

 

OGGRP Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

OGGRP Limited

Company Information

Director

Mr M Regan

Registered office

1-5 Bellevue Road
Clevedon
Somerset
BS21 7NP

Accountants

Newsham Hanson Accountants Limited
Accountants and Business Advisors
Edinburgh House
1-5 Bellevue Road
Clevedon
North Somerset
BS21 7NP

 

OGGRP Limited

(Registration number: 14677774)
Balance Sheet as at 31 March 2024

Note

2024
£

Fixed assets

 

Investments

4

172

Current assets

 

Debtors

5

350

Cash at bank and in hand

 

50

 

400

Creditors: Amounts falling due within one year

6

(700)

Net current liabilities

 

(300)

Net liabilities

 

(128)

Capital and reserves

 

Called up share capital

7

100

Retained earnings

(228)

Shareholders' deficit

 

(128)

For the financial period ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 September 2024
 

.........................................
Mr M Regan
Director

 

OGGRP Limited

Notes to the Unaudited Financial Statements for the Period from 20 February 2023 to 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
1-5 Bellevue Road
Clevedon
Somerset
BS21 7NP

The principal place of business is:
53 West Town Road
Nailsea
Bristol
BS48 3HG

These financial statements were authorised for issue by the director on 27 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

 

OGGRP Limited

Notes to the Unaudited Financial Statements for the Period from 20 February 2023 to 31 March 2024

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 0.

4

Investments

2024
£

Investments in subsidiaries

172

 

OGGRP Limited

Notes to the Unaudited Financial Statements for the Period from 20 February 2023 to 31 March 2024

Subsidiaries

£

Cost or valuation

Additions

175

Disposals

(3)

At 31 March 2024

172

Provision

Carrying amount

At 31 March 2024

172

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

2024

Subsidiary undertakings

OGL&P Ltd

Edinburgh House, 1-5 Bellevue Road, Clevedon, England, BS21 7NP

England & Wales

Ordinary

100%

Associates

Rubix Strategic Ltd

Suite 5b Westbury Court Church Road, Westbury-On-Trym, Bristol, England, BS9 3EF

Ordinary B

47.5%

England & Wales

Rubix Land Ltd

Buying and selling of own real estate

Ordinary B

25%

England & Wales

Subsidiary undertakings

OGL&P Ltd

The principal activity of OGL&P Ltd is Buying and selling of own real estate.

 

OGGRP Limited

Notes to the Unaudited Financial Statements for the Period from 20 February 2023 to 31 March 2024

Associates

Rubix Strategic Ltd

The principal activity of Rubix Strategic Ltd is Buying and selling of own real estate. Its financial period end is 30 April.

Rubix Land Ltd

The principal activity of Rubix Land Ltd is Buying and selling of own real estate. Its financial period end is 30 April.

5

Debtors

Current

2024
£

Other debtors

350

 

350

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

Due within one year

 

Amounts owed to related parties

100

Other creditors

 

600

 

700

7

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary shares of £1 each

100

100