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REGISTERED NUMBER: 15206762 (England and Wales)















Unaudited Financial Statements

for the Period 12 October 2023 to 31 October 2024

for

ODYS Investment Ltd

ODYS Investment Ltd (Registered number: 15206762)

Contents of the Financial Statements
for the Period 12 October 2023 to 31 October 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ODYS Investment Ltd

Company Information
for the Period 12 October 2023 to 31 October 2024







DIRECTORS: I H S Arkell
Miss J L Driver





REGISTERED OFFICE: Hats Gloucester Ltd
48 Hucclecote Road
Gloucester
GL3 3RS





REGISTERED NUMBER: 15206762 (England and Wales)





ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS

ODYS Investment Ltd (Registered number: 15206762)

Statement of Financial Position
31 October 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 505
Investment property 5 158,109
158,614

CURRENT ASSETS
Debtors 6 1,849
Cash at bank 1,050
2,899
CREDITORS
Amounts falling due within one year 7 91,780
NET CURRENT LIABILITIES (88,881 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,733

CREDITORS
Amounts falling due after more than one
year

8

78,360
NET LIABILITIES (8,627 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (8,727 )
SHAREHOLDERS' FUNDS (8,627 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2024 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.

ODYS Investment Ltd (Registered number: 15206762)

Statement of Financial Position - continued
31 October 2024


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 8 April 2025 and were signed on its behalf by:




Miss J L Driver - Director



I H S Arkell - Director


ODYS Investment Ltd (Registered number: 15206762)

Notes to the Financial Statements
for the Period 12 October 2023 to 31 October 2024


1. STATUTORY INFORMATION

ODYS Investment Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
There was a net deficiency of net assets of £88,881 at the balance sheet date, however the directors have confirmed continued support and consider that the company retains sufficient working capital to continue trading for the foreseeable future. They therefore consider that it is appropriate to prepare the accounts on the going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

ODYS Investment Ltd (Registered number: 15206762)

Notes to the Financial Statements - continued
for the Period 12 October 2023 to 31 October 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
Cost
Additions 754
At 31 October 2024 754
Depreciation
Charge for period 249
At 31 October 2024 249
Net book value
At 31 October 2024 505

5. INVESTMENT PROPERTY
Total
£   
Fair value
Additions 158,109
At 31 October 2024 158,109
Net book value
At 31 October 2024 158,109

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 1,849

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 4,200
Trade creditors 70
Other creditors 87,510
91,780

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 78,360

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 57,360

ODYS Investment Ltd (Registered number: 15206762)

Notes to the Financial Statements - continued
for the Period 12 October 2023 to 31 October 2024


9. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 82,560

The bank loan (mortgage) is secured by way of fixed charges over the company's investment property.

10. RELATED PARTY DISCLOSURES

Miss J L Driver
Director

The director has loaned money to the company. At 31 October 2024, the company owed the director £35,660. This unsecured loan is interest free and has no fixed repayment terms.

I H S Arkell
Director

The director has loaned money to the company. At 31 October 2024, the company owed the director £51,250. This unsecured loan is interest free and has no fixed repayment terms.