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Company Registration No. 13135906 (England and Wales)
OLLO FINANCIAL SERVICES LTD Unaudited accounts for the year ended 1 April 2025
OLLO FINANCIAL SERVICES LTD Unaudited accounts Contents
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OLLO FINANCIAL SERVICES LTD Company Information for the year ended 1 April 2025
Directors
Ashish Kotecha Pooja Pattni
Company Number
13135906 (England and Wales)
Registered Office
307 Byron Road, Wealdstone, Harrow HA3 7TE
Accountants
RMR Partnership LLP 3rd Floor, Vyman House 104 College Road Harrow Middlesex HA1 1BQ
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OLLO FINANCIAL SERVICES LTD Statement of financial position as at 1 April 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,363 
1,993 
Current assets
Debtors
10,183 
149 
Cash at bank and in hand
49,232 
20,812 
59,415 
20,961 
Creditors: amounts falling due within one year
(13,150)
(12,322)
Net current assets
46,265 
8,639 
Net assets
47,628 
10,632 
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
37,628 
632 
Shareholders' funds
47,628 
10,632 
For the year ending 1 April 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 9 May 2025 and were signed on its behalf by
Ashish Kotecha Director Company Registration No. 13135906
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OLLO FINANCIAL SERVICES LTD Notes to the Accounts for the year ended 1 April 2025
1
Statutory information
OLLO FINANCIAL SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 13135906. The registered office is 307 Byron Road,, Wealdstone,, Harrow, HA3 7TE.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20.00% as per reducing balance method
Computer equipment
33.33% as per reducing balance method
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 2 April 2024
500 
2,735 
3,235 
At 1 April 2025
500 
2,735 
3,235 
Depreciation
At 2 April 2024
244 
998 
1,242 
Charge for the year
51 
579 
630 
At 1 April 2025
295 
1,577 
1,872 
Net book value
At 1 April 2025
205 
1,158 
1,363 
At 1 April 2024
256 
1,737 
1,993 
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OLLO FINANCIAL SERVICES LTD Notes to the Accounts for the year ended 1 April 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,183 
149 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
11,581 
5,681 
Loans from directors
219 
5,141 
Accruals
1,350 
1,500 
13,150 
12,322 
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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