One Horse Property Limited 14086135 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is buying and selling of own real estate Digita Accounts Production Advanced 6.30.9574.0 true 14086135 2023-06-01 2024-05-31 14086135 2024-05-31 14086135 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 14086135 bus:Micro-entities 2023-06-01 2024-05-31 14086135 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 14086135 bus:FilletedAccounts 2023-06-01 2024-05-31 14086135 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 14086135 bus:RegisteredOffice 2023-06-01 2024-05-31 14086135 bus:Director1 2023-06-01 2024-05-31 14086135 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14086135 countries:EnglandWales 2023-06-01 2024-05-31 14086135 2022-05-04 2023-05-31 14086135 2023-05-31 14086135 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 iso4217:GBP xbrli:pure

Registration number: 14086135

Prepared for the registrar
 

One Horse Property Limited

Unaudited Financial Statements

for the Year Ended 31 May 2024

 

One Horse Property Limited

(Registration number: 14086135)
Balance Sheet as at 31 May 2024

2024
£

2023
£

Fixed assets

941,850

900,064

Prepayments and accrued income

2,592

-

Creditors: Amounts falling due within one year

(997,627)

(903,618)

Net current liabilities

(995,035)

(903,618)

Total assets less current liabilities

(53,185)

(3,554)

Accruals and deferred income

(7,835)

(3,023)

 

(61,020)

(6,577)

Capital and reserves

(61,020)

(6,577)

 

One Horse Property Limited

(Registration number: 14086135)
Balance Sheet as at 31 May 2024

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Windsor House
Bayshill Road
Cheltenham
Gloucestershire
GL50 3AT

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Staff numbers

The average number of persons employed by the company (including directors) during the year, was as follows:



Related party transactions

At 31 May 2024 the company owed Menwar Properties WLL, a company registered in Bahrain, £996,334 (2023: £903,618) in the form of a loan. The loan is repayable on demand, has no repayment terms and no interest was charged in the period. Menwar Properties WLL is the company's parent company and holds 100% of the share capital.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 28 February 2025 and signed on its behalf by:
 

N M A H Alkhalifa
Director