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REGISTERED NUMBER: 10418222 (England and Wales)















OSIDGE ESTATES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023






OSIDGE ESTATES LIMITED (Registered number: 10418222)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OSIDGE ESTATES LIMITED

COMPANY INFORMATION
for the Year Ended 31 OCTOBER 2023







DIRECTORS: Miss F Michael
N Nikolettou
M N Michael





REGISTERED OFFICE: Enterprise House
2 The Crest
Hendon
London
NW4 2HN





REGISTERED NUMBER: 10418222 (England and Wales)





ACCOUNTANT: DICKER ECONOMOU & CO
Chartered Certified Accountants
Enterprise House
2 The Crest
Hendon
London
NW4 2HN

OSIDGE ESTATES LIMITED (Registered number: 10418222)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 176 176
Investment property 5 349,604 664,514
349,780 664,690

CURRENT ASSETS
Debtors 6 1,500 1,500
Cash at bank 277,252 11,609
278,752 13,109
CREDITORS
Amounts falling due within one year 7 28,392 24,024
NET CURRENT ASSETS/(LIABILITIES) 250,360 (10,915 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

600,140

653,775

CREDITORS
Amounts falling due after more than one
year

8

348,867

443,826
NET ASSETS 251,273 209,949

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 251,173 209,849
SHAREHOLDERS' FUNDS 251,273 209,949

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

OSIDGE ESTATES LIMITED (Registered number: 10418222)

BALANCE SHEET - continued
31 OCTOBER 2023


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 Board of Directors and authorised for issue on 5 August 2024 and were signed on its behalf by:





Miss F Michael - Director


OSIDGE ESTATES LIMITED (Registered number: 10418222)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 OCTOBER 2023

1. STATUTORY INFORMATION

OSIDGE ESTATES LIMITED 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.

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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

OSIDGE ESTATES LIMITED (Registered number: 10418222)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 OCTOBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 November 2022
and 31 October 2023 449
DEPRECIATION
At 1 November 2022
and 31 October 2023 273
NET BOOK VALUE
At 31 October 2023 176
At 31 October 2022 176

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022 664,514
Disposals (314,910 )
At 31 October 2023 349,604
NET BOOK VALUE
At 31 October 2023 349,604
At 31 October 2022 664,514

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors 1,500 1,500

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 2,293 2,055
Corporation tax 6,222 6,178
VAT 700 1,326
Other creditors 3,408 2,700
Directors' current accounts 9,588 7,739
Accruals and deferred income 6,181 4,026
28,392 24,024

OSIDGE ESTATES LIMITED (Registered number: 10418222)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 OCTOBER 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans - 1-2 years 2,160 2,107
Bank loans - 2-5 years 1,472 3,819
Shareholders loan 345,235 437,900
348,867 443,826

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
100 Ordinary £1 100 100