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REGISTERED NUMBER: 09622824 (England and Wales)















Och Property 1 Limited

Unaudited Cessation Financial Statements

for the Period 1 July 2024 to 31 March 2025






Och Property 1 Limited (Registered number: 09622824)

Contents of the Financial Statements
for the period 1 July 2024 to 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Och Property 1 Limited

Company Information
for the period 1 July 2024 to 31 March 2025







Directors: Rhonda Joanne Hasell
David Morgan
Leslie Ralph Pendlebury-Bowe
Robert James Brophy





Secretary: Rhonda Joanne Hasell





Registered office: New Derwent House
69 -73 Theobalds Road
London
WC1X 8TA





Registered number: 09622824 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

Och Property 1 Limited (Registered number: 09622824)

Balance Sheet
31 March 2025

2025 2024
Notes £ £ £
Fixed assets
Tangible assets 4 - 193,136

Current assets
Cash at bank 45,358 2,013

Creditors
Amounts falling due within one year 5 45,100 129,513
Net current assets/(liabilities) 258 (127,500 )
Total assets less current liabilities 258 65,636

Provisions for liabilities - 5,999
Net assets 258 59,637

Capital and reserves
Called up share capital 6 4 4
Retained earnings 7 254 59,633
Shareholders' funds 258 59,637

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 May 2025 and were signed on its behalf by:





Rhonda Joanne Hasell - Director


Och Property 1 Limited (Registered number: 09622824)

Notes to the Financial Statements
for the period 1 July 2024 to 31 March 2025


1. Statutory information

Och Property 1 Limited 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Critical accounting judgements and estimation uncertainty
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

(a) Critical judgements in applying the Company's accounting policies
The Company makes a number of assessments which require judgement in preparing the accounts and can have a significant effect upon the financial statements. However due to the straight forward nature of the Company's business, management does not believe that there are any judgements that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

(b) Key accounting estimates and assumptions
The Company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. However due to the straight forward nature of the Company's business, management does not believe that there are any estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Going concern
The company's sole asset, its freehold property, was sold during the period and the company ceased to trade on 31 March 2025. Consequently, these financial statements have not been prepared on a going concern basis.

Financial instruments
The Company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments.

(i) Financial assets
Basic financial assets, including trade and other receivables, and cash and bank balances, are initially recognised at transaction price.

Trade receivables are assets due for services that have been acquired in the ordinary course of business from customers. Accounts receivables are classified as current assets if receipt is expected within one year or less. If not, they are presented as non-current assets. Trade receivables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

(ii) Financial liabilities
Basic financial liabilities, including trade and other payables, are initially recognised at transaction price.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Och Property 1 Limited (Registered number: 09622824)

Notes to the Financial Statements - continued
for the period 1 July 2024 to 31 March 2025


3. Employees and directors

The average number of employees during the period was NIL (2024 - NIL).

4. Tangible fixed assets
Freehold
property
£
Cost or valuation
At 1 July 2024 193,136
Disposals (193,136 )
At 31 March 2025 -
Net book value
At 31 March 2025 -
At 30 June 2024 193,136

Cost or valuation at 31 March 2025 is represented by:

Freehold
property
£
Valuation in 2024 193,136

5. Creditors: amounts falling due within one year
2025 2024
£ £
Amounts owed to associates - 127,235
Taxation and social security 120 358
Other creditors 44,980 1,920
45,100 129,513

6. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
4 Ordinary £1 4 4

7. Reserves
Retained
earnings
£

At 1 July 2024 59,633
Deficit for the period (19,379 )
Dividends (40,000 )
At 31 March 2025 254

8. Ultimate controlling party

The company is controlled by the directors.