| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 11 FEBRUARY 2024 TO 28 FEBRUARY 2025 |
| FOR |
| OTRANTO ADVISORY LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 11 FEBRUARY 2024 TO 28 FEBRUARY 2025 |
| FOR |
| OTRANTO ADVISORY LIMITED |
| OTRANTO ADVISORY LIMITED (REGISTERED NUMBER: 15481807) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 11 FEBRUARY 2024 TO 28 FEBRUARY 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| OTRANTO ADVISORY LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 11 FEBRUARY 2024 TO 28 FEBRUARY 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 10 Jesus Lane |
| Cambridge |
| Cambridgeshire |
| CB5 8BA |
| OTRANTO ADVISORY LIMITED (REGISTERED NUMBER: 15481807) |
| BALANCE SHEET |
| 28 FEBRUARY 2025 |
| Notes | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| The financial statements were approved by the director and authorised for issue on |
| OTRANTO ADVISORY LIMITED (REGISTERED NUMBER: 15481807) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 11 FEBRUARY 2024 TO 28 FEBRUARY 2025 |
| 1. | STATUTORY INFORMATION |
| Otranto Advisory Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is derived from strategic consulting, commission income, and other professional services related to legal and business advisory activities. |
| Revenue reflects the fair value of consideration received or receivable, excluding discounts, rebates, and value-added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Financial instruments |
| Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| OTRANTO ADVISORY LIMITED (REGISTERED NUMBER: 15481807) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 11 FEBRUARY 2024 TO 28 FEBRUARY 2025 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| Additions |
| At 28 February 2025 |
| DEPRECIATION |
| Charge for period |
| At 28 February 2025 |
| NET BOOK VALUE |
| At 28 February 2025 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Taxation and social security |
| Other creditors |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal |
| value: | £ |
| Ordinary | 1 | 1 |
| 8. | RELATED PARTY DISCLOSURES |
| At the balance sheet date, the company owed the director £342. The amount bears no interest, is repayable on demand and is disclosed within creditors due in less than 1 year. |