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REGISTERED NUMBER: 12582352 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Owen House Holdings Ltd

Owen House Holdings Ltd (Registered number: 12582352)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Owen House Holdings Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: C J Hodivala





SECRETARY:





REGISTERED OFFICE: 287, Owen House
Walmley Road
Sutton Coldfield
West Midlands
B76 1PH





REGISTERED NUMBER: 12582352 (England and Wales)





ACCOUNTANTS: Tasos Papaloizou Chartered Accountants
Suite 1
The Golf Club
Darkes Lane
Potters Bar
EN6 1DE

Owen House Holdings Ltd (Registered number: 12582352)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 749 1,499
Investment property 5 132,000 89,739
132,749 91,238

CURRENT ASSETS
Investments 6 7,250 7,250
Cash at bank 1,351 434
8,601 7,684
CREDITORS
Amounts falling due within one year 7 92,243 92,146
NET CURRENT LIABILITIES (83,642 ) (84,462 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,107

6,776

PROVISIONS FOR LIABILITIES 8 10,565 -
NET ASSETS 38,542 6,776

CAPITAL AND RESERVES
Called up share capital 9 1 1
Fair value reserve 10 31,696 -
Retained earnings 10 6,845 6,775
SHAREHOLDERS' FUNDS 38,542 6,776

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Owen House Holdings Ltd (Registered number: 12582352)

Balance Sheet - continued
31 May 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 director and authorised for issue on 8 July 2025 and were signed by:





C J Hodivala - Director


Owen House Holdings Ltd (Registered number: 12582352)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Owen House Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 the cost less estimated residual value of each asset over its estimated useful life.

Computer equipment 33.33%pa

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 year 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Owen House Holdings Ltd (Registered number: 12582352)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 June 2023
and 31 May 2024 2,249
DEPRECIATION
At 1 June 2023 750
Charge for year 750
At 31 May 2024 1,500
NET BOOK VALUE
At 31 May 2024 749
At 31 May 2023 1,499

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023 89,739
Revaluations 42,261
At 31 May 2024 132,000
NET BOOK VALUE
At 31 May 2024 132,000
At 31 May 2023 89,739

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2024 42,261
Cost 89,739
132,000

The investment property was valued on an open market basis on 31 May 2024 by the Director. .

6. CURRENT ASSET INVESTMENTS
31.5.24 31.5.23
£    £   
Listed investments 7,250 7,250

Owen House Holdings Ltd (Registered number: 12582352)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Taxation and social security 679 1,473
Other creditors 91,564 90,673
92,243 92,146

8. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax 10,565 -

Deferred
tax
£   
Provided during year 10,565
Balance at 31 May 2024 10,565

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
1 Ordinary £1 1 1

10. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 June 2023 6,775 - 6,775
Profit for the year 31,766 31,766
Fair value adjustment (31,696 ) 31,696 -
At 31 May 2024 6,845 31,696 38,541

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in Other Creditors is £88,143 ( 2023- £88,393) owed to the Director Cyrus Hodivala.

Owen House Holdings Ltd

Report of the Accountants to the Director of
Owen House Holdings Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2024 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Tasos Papaloizou Chartered Accountants
Suite 1
The Golf Club
Darkes Lane
Potters Bar
EN6 1DE


Date: .............................................