Acorah Software Products - Accounts Production 16.3.350 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 07171343 Mrs Sarah Elaine Tacey Adrem Accounting Ltd. iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07171343 2024-02-29 07171343 2025-02-28 07171343 2024-03-01 2025-02-28 07171343 frs-core:CurrentFinancialInstruments 2025-02-28 07171343 frs-core:Non-currentFinancialInstruments 2025-02-28 07171343 frs-core:ShareCapital 2025-02-28 07171343 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 07171343 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 07171343 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 07171343 frs-bus:SmallEntities 2024-03-01 2025-02-28 07171343 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 07171343 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 07171343 frs-bus:Director1 2024-03-01 2025-02-28 07171343 frs-bus:CompanySecretary1 2024-03-01 2025-02-28 07171343 frs-countries:EnglandWales 2024-03-01 2025-02-28 07171343 2023-02-28 07171343 2024-02-29 07171343 2023-03-01 2024-02-29 07171343 frs-core:CurrentFinancialInstruments 2024-02-29 07171343 frs-core:Non-currentFinancialInstruments 2024-02-29 07171343 frs-core:ShareCapital 2024-02-29 07171343 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 07171343
Olivo Property Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Adrem Accounting ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 07171343
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 179,208 179,208
179,208 179,208
CURRENT ASSETS
Cash at bank and in hand 2,483 1,988
2,483 1,988
Creditors: Amounts Falling Due Within One Year 5 (619 ) (594 )
NET CURRENT ASSETS (LIABILITIES) 1,864 1,394
TOTAL ASSETS LESS CURRENT LIABILITIES 181,072 180,602
Creditors: Amounts Falling Due After More Than One Year 6 (97,174 ) (92,750 )
NET ASSETS 83,898 87,852
CAPITAL AND RESERVES
Called up share capital 7 162,462 162,462
Profit and Loss Account (78,564 ) (74,610 )
SHAREHOLDERS' FUNDS 83,898 87,852
Page 1
Page 2
For the year ending 28 February 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Sarah Elaine Tacey
Director
08/06/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Olivo Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07171343 . The registered office is Wincham House, Back Lane, Greenfield Farm Trading Estate, Congleton, Cheshire, CW12 4TR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 1 2
1 2
4. Investment Property
2025
£
Fair Value
As at 1 March 2024 and 28 February 2025 179,208
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 -
Accruals and deferred income 618 594
619 594
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Directors loan account 97,174 92,750
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 162,462 162,462
Page 3