Company Registration No. 13515661 (England and Wales)
Octavia Luxury Holdings Limited
Unaudited accounts
for the year ended 30 June 2024
Octavia Luxury Holdings Limited
Unaudited accounts
Contents
Octavia Luxury Holdings Limited
Company Information
for the year ended 30 June 2024
Company Number
13515661 (England and Wales)
Registered Office
Primary House
Spring Gardens
Macclesfield
Cheshire
SK10 2DX
United Kingdom
Accountants
Taylor Consultancy, Chartered Certified Accountants
Primary House
Spring Gardens
Macclesfield
Cheshire
SK10 2DX
Octavia Luxury Holdings Limited
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
143,558
445,542
Creditors: amounts falling due within one year
(368,002)
(316,461)
Net current assets
141,749
216,990
Net assets
141,771
217,012
Called up share capital
100
100
Profit and loss account
141,671
216,912
Shareholders' funds
141,771
217,012
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 3 December 2024 and were signed on its behalf by
R M G Stevens
Director
Company Registration No. 13515661
Octavia Luxury Holdings Limited
Notes to the Accounts
for the year ended 30 June 2024
Octavia Luxury Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 13515661. The registered office is Primary House, Spring Gardens, Macclesfield, Cheshire, SK10 2DX, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investments in shares are included at fair value.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Investments
Subsidiary undertakings
Valuation at 1 July 2023
22
Valuation at 30 June 2024
22
The investments relate to the following :-
100% owned subsidiary companies :
First Space Knutsford Limited (Registered in England and Wales under company number 13357559) 20 ordinary shares of £1 each
50% owned subsidiary companies :
Rubicon Estates Limited (Registered in England and Wales under company number 13808456 ) 1 ordinary share of £1 each and 1 ordinary B share of £1 each
Amounts falling due within one year
Amounts due from group undertakings etc.
366,193
87,909
Octavia Luxury Holdings Limited
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
589
315,282
Loans from directors
367,413
1,179
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Transactions with related parties
Mr R Stevens is a director and shareholder in both Octavia Luxury Holdings Limited and First Space Property Limited.
At the balance sheet date Octavia Luxury Holdings Limited was owed £87,909 (2023 - £87,909) by First Space Property Limited. The loan is subject to interest at a commercial rate and is repayable upon demand.
Octavia Luxury Holdings Limited is the 50% holding company of Rubicon Estates Limited.
At the balance sheet date Octavia Luxury Holdings was owed £278,284 (2023 - (£284,473)) by Rubicon estates Limited. The loan is subject to interest at a commercial rate and is repayable upon demand.
Octavia Luxury Holdings Limited is the 100% holding company of First Space Knutsford Limited.
During the period First Space Kntsford Limited voted a dividend of £Nil (2023 - £134,332) to Octavia Luxury Holdings Limited.
At the balance sheet date Octavia Luxury Holdings Limited owed £589 (2023 - £30,809) to First Space Knutsford Limited. The loan is subject to interest at a commercial rate and is repayable upon demand.
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Average number of employees
During the year the average number of employees was 1 (2023: 1).