Company Registration No. 11361207 (England and Wales)
OTH MANAGEMENT LTD
Unaudited accounts
for the year ended 31 May 2024
OTH MANAGEMENT LTD
Unaudited accounts
Contents
OTH MANAGEMENT LTD
Company Information
for the year ended 31 May 2024
Director
Evelyn Joanne Marshall-Rothschild
Company Number
11361207 (England and Wales)
Registered Office
20-22 WENLOCK ROAD
LONDON
N1 7GU
ENGLAND
Accountants
Vicente Kewley Accountancy Limited
71-75 Shelton Street
London
WC2H 9JQ
OTH MANAGEMENT LTD
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
6,557
20,653
Creditors: amounts falling due within one year
(23,231)
(23,100)
Net current assets
23,225
37,452
Total assets less current liabilities
23,225
37,452
Creditors: amounts falling due after more than one year
(261,017)
(261,500)
Net liabilities
(237,792)
(224,048)
Called up share capital
1
1
Profit and loss account
(237,793)
(224,049)
Shareholders' funds
(237,792)
(224,048)
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 10 February 2025 and were signed on its behalf by
Evelyn Joanne Marshall-Rothschild
Director
Company Registration No. 11361207
OTH MANAGEMENT LTD
Notes to the Accounts
for the year ended 31 May 2024
OTH MANAGEMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 11361207. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost. Depreciation has not yet been provided for as the assets are expected to be held for less than 12 months.
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Other debtors
34,286
34,286
Amounts falling due after more than one year
OTH MANAGEMENT LTD
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Other creditors
23,325
18,684
Loans from directors
(35)
(35)
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
261,017
261,500
8
Transactions with related parties
Transactions between OTH Management Ltd and the companies FSTF1 LTD, Liverpool Lettings Agency Ltd and Over the Hedge Ltd are all related party transactions. This is due to all three of the companies sharing the same director and shareholders.
£23,325 of the Other Creditors due within one year balance relates to money owed to Liverpool Lettings Agency Ltd. This is due to the bank account within OTH Management Ltd taking on responsibility for receiving and paying rental related money on behalf of Liverpool Lettings Agency Ltd when Liverpool Lettings Agency Ltd did not have a business bank account.
£256,131 of the Other Creditors due over one year relates to a loan OTH Management received from Over the Hedge Ltd. This loan was used to fund the activities within OTH Management and attracts a 1.25% rate of interest, which is currently being accrued and posted to this account.
OTH Management Ltd received £5,613 of income on behalf of FSTF1 Ltd before FSTF1 Ltd was able to set up it's bank account. These have been included within Other Debtors greater than 1 year within the OTH Management Ltd Accounts.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).