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Company Registration No. 13521922 (England and Wales)
Olive And Malbec Properties Ltd Unaudited accounts for the year ended 31 July 2024
Olive And Malbec Properties Ltd Unaudited accounts Contents
Page
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Olive And Malbec Properties Ltd Company Information for the year ended 31 July 2024
Directors
Nadia Kausar Burge Patrick Thomas Ridley
Company Number
13521922 (England and Wales)
Registered Office
THE DEN EASTON BUSINESS CENTRE Felix Road BRISTOL BS5 0HE United Kingdom
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Olive And Malbec Properties Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,578 
3,605 
Investment property
375,000 
484,505 
379,578 
488,110 
Current assets
Debtors
66,296 
- 
Cash at bank and in hand
16,978 
250,444 
83,274 
250,444 
Creditors: amounts falling due within one year
(152,581)
(768,139)
Net current liabilities
(69,307)
(517,695)
Total assets less current liabilities
310,271 
(29,585)
Creditors: amounts falling due after more than one year
(274,697)
- 
Net assets/(liabilities)
35,574 
(29,585)
Capital and reserves
Called up share capital
2 
2 
Fair value reserve
65,406 
- 
Profit and loss account
(29,834)
(29,587)
Shareholders' funds
35,574 
(29,585)
For the year ending 31 July 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 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 10 June 2025 and were signed on its behalf by
Nadia Kausar Burge Director Company Registration No. 13521922
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Olive And Malbec Properties Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Olive And Malbec Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 13521922. The registered office is THE DEN EASTON BUSINESS CENTRE, Felix Road, BRISTOL, BS5 0HE, United Kingdom.
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.
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:
Land & buildings
No depreciation
Fixtures & fittings
25% on reducing balance
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Olive And Malbec Properties Ltd Notes to the Accounts for the year ended 31 July 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2023
3,917 
Additions
2,364 
At 31 July 2024
6,281 
Depreciation
At 1 August 2023
312 
Charge for the year
1,391 
At 31 July 2024
1,703 
Net book value
At 31 July 2024
4,578 
At 31 July 2023
3,605 
5
Investment property
2024 
£ 
Fair value at 1 August 2023
484,505 
Additions
67,342 
Disposals
(242,253)
Net gain from fair value adjustments
65,406 
At 31 July 2024
375,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
66,296 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
4,755 
459,878 
Loans from directors
140,388 
301,022 
Accruals
7,438 
7,239 
152,581 
768,139 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
274,697 
- 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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