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Company Registration No. 1608593 (England and Wales)
Oliveto & Olivo Limited Unaudited accounts for the year ended 31 January 2025
Oliveto & Olivo Limited Unaudited accounts Contents
Page
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Oliveto & Olivo Limited Company Information for the year ended 31 January 2025
Director
Mauro Sanna
Company Number
1608593 (England and Wales)
Registered Office
15a Walm Lane London NW2 5SJ England and Wales
Accountants
Schiavi Pole Brett Ltd 15A Walm Lane London NW2 5SJ
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Oliveto & Olivo Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
306,625 
351,836 
Current assets
Inventories
285,109 
342,302 
Debtors
121,574 
137,237 
Cash at bank and in hand
1,125,470 
708,397 
1,532,153 
1,187,936 
Creditors: amounts falling due within one year
(555,407)
(395,436)
Net current assets
976,746 
792,500 
Total assets less current liabilities
1,283,371 
1,144,336 
Provisions for liabilities
Deferred tax
(23,050)
(14,035)
Net assets
1,260,321 
1,130,301 
Capital and reserves
Called up share capital
500 
500 
Capital redemption reserve
500 
500 
Profit and loss account
1,259,321 
1,129,301 
Shareholders' funds
1,260,321 
1,130,301 
For the year ending 31 January 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 his 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 and authorised for issue on 25 July 2025 and were signed on its behalf by
Mauro Sanna Director Company Registration No. 1608593
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Oliveto & Olivo Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Oliveto & Olivo Limited is a private company, limited by shares, registered in England and Wales, registration number 1608593. The registered office is 15a Walm Lane, London, NW2 5SJ, England and Wales.
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
Equally over the term of the lease
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2024
1,026,593 
891,380 
39,575 
1,076,509 
3,034,057 
Additions
- 
8,190 
- 
6,350 
14,540 
Disposals
(39,275)
- 
- 
- 
(39,275)
At 31 January 2025
987,318 
899,570 
39,575 
1,082,859 
3,009,322 
Depreciation
At 1 February 2024
782,185 
826,850 
37,497 
1,035,689 
2,682,221 
Charge for the year
29,982 
18,180 
519 
11,070 
59,751 
On disposals
(39,275)
- 
- 
- 
(39,275)
At 31 January 2025
772,892 
845,030 
38,016 
1,046,759 
2,702,697 
Net book value
At 31 January 2025
214,426 
54,540 
1,559 
36,100 
306,625 
At 31 January 2024
244,408 
64,530 
2,078 
40,820 
351,836 
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Oliveto & Olivo Limited Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
7,163 
Accrued income and prepayments
84,634 
102,023 
Other debtors
36,940 
28,051 
121,574 
137,237 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
191,697 
175,013 
Trade creditors
172,904 
143,459 
Taxes and social security
84,036 
- 
Other creditors
6,827 
23,472 
Loans from directors
5,226 
5,226 
Accruals
94,717 
48,266 
555,407 
395,436 
7
Average number of employees
During the year the average number of employees was 110 (2024: 104).
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