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REGISTERED NUMBER: 10732289 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30th April 2024

for

O&A Properties Ltd

O&A Properties Ltd (Registered number: 10732289)

Contents of the Financial Statements
for the Year Ended 30th April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


O&A Properties Ltd

Company Information
for the Year Ended 30th April 2024







Directors: O Mellouki
M A El Gueddar





Registered office: 10 Park Place
Cheetham Hill
Manchester
M4 4EY





Registered number: 10732289 (England and Wales)





Accountants: DBF Associates
Chartered Accountants
South Cheetham B C
10 Park Place
Manchester
Lancashire
M4 4EY

O&A Properties Ltd (Registered number: 10732289)

Balance Sheet
30th April 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 16,150 -
Investment property 5 804,482 804,482
820,632 804,482

Current assets
Debtors 6 5,890 2,520
Cash at bank 5,419 4,842
11,309 7,362
Creditors
Amounts falling due within one year 7 1,244 920
Net current assets 10,065 6,442
Total assets less current liabilities 830,697 810,924

Creditors
Amounts falling due after more than one
year

8

(743,617

)

(727,460

)

Provisions for liabilities (11,573 ) (11,573 )
Net assets 75,507 71,891

Capital and reserves
Called up share capital 9 100 100
Fair value reserve 60,912 60,912
Retained earnings 14,495 10,879
Shareholders' funds 75,507 71,891

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 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.

O&A Properties Ltd (Registered number: 10732289)

Balance Sheet - continued
30th April 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20th January 2025 and were signed on its behalf by:





M A El Gueddar - Director


O&A Properties Ltd (Registered number: 10732289)

Notes to the Financial Statements
for the Year Ended 30th April 2024


1. Statutory information

O&A Properties 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.

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.
Improvements to property - 5% on cost

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 Statement of Income and Retained Earnings, 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 NIL (2023 - NIL).

O&A Properties Ltd (Registered number: 10732289)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2024


4. Tangible fixed assets
Improvements
to
property
£   
Cost
Additions 17,000
At 30th April 2024 17,000
Depreciation
Charge for year 850
At 30th April 2024 850
Net book value
At 30th April 2024 16,150

5. Investment property
Total
£   
Fair value
At 1st May 2023
and 30th April 2024 804,482
Net book value
At 30th April 2024 804,482
At 30th April 2023 804,482

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors 5,890 2,520

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Taxation and social security 524 200
Other creditors 720 720
1,244 920

8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 128,989 142,150
Other creditors 614,628 585,310
743,617 727,460

O&A Properties Ltd (Registered number: 10732289)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2024


8. Creditors: amounts falling due after more than one year - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 272,000 260,000

Repayable by instalments
Bank loans more 5 yr by instal 105,549 107,459

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 100 100 100