Company Registration No. 14108901 (England and Wales)
Owl House Property Ltd
Unaudited accounts
for the year ended 31 May 2024
Owl House Property Ltd
Unaudited accounts
Contents
Owl House Property Ltd
Company Information
for the year ended 31 May 2024
Director
Amy Louise Conlon
Company Number
14108901 (England and Wales)
Registered Office
81 Billingham Road
Stockton-on-Tees
Cleveland
TS20 2SW
England
Accountants
LRK Accounting & Bookkeeping Ltd
8 Willington Mews
Wallsend
Newcastle upon Tyne
England
NE28 7FA
Owl House Property Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
67,285
60,064
Cash at bank and in hand
425
721
Creditors: amounts falling due within one year
(16,486)
(63,754)
Net current liabilities
(16,061)
(63,033)
Total assets less current liabilities
51,224
(2,969)
Creditors: amounts falling due after more than one year
(64,124)
-
Net liabilities
(12,900)
(2,969)
Called up share capital
1
1
Profit and loss account
(12,901)
(2,970)
Shareholders' funds
(12,900)
(2,969)
For the year ending 31 May 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 her 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 13 January 2025 and were signed on its behalf by
Amy Louise Conlon
Director
Company Registration No. 14108901
Owl House Property Ltd
Notes to the Accounts
for the year ended 31 May 2024
Owl House Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 14108901. The registered office is 81 Billingham Road, Stockton-on-Tees, Cleveland, TS20 2SW, England.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Tangible fixed assets
Land & buildings
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
54,445
Loans from directors
15,226
8,469
Owl House Property Ltd
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).