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
Oliveto & Olivo Limited
Company Information
for the year ended 31 January 2025
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
Oliveto & Olivo Limited
Statement of financial position
as at 31 January 2025
Tangible assets
306,625
351,836
Inventories
285,109
342,302
Cash at bank and in hand
1,125,470
708,397
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
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
Oliveto & Olivo Limited
Notes to the Accounts
for the year ended 31 January 2025
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
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
Oliveto & Olivo Limited
Notes to the Accounts
for the year ended 31 January 2025
Amounts falling due within one year
Accrued income and prepayments
84,634
102,023
Other debtors
36,940
28,051
6
Creditors: amounts falling due within one year
2025
2024
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
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Average number of employees
During the year the average number of employees was 110 (2024: 104).