REGISTERED NUMBER: 13004497 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Odd Even Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Tangible fixed assets

4

266,425

262,146

Current assets

Inventories

4,430

1,600

Debtors

5

1

6,518

Cash at bank

3,000

2,905

7,431

11,023

Creditors: amounts falling due within one year

6

320,024

344,547

Net current liabilities

(312,593

)

(333,524

)

Total assets less current liabilities

(46,168

)

(71,378

)

Provisions for liabilities

6,199

7,733

Net liabilities

(52,367

)

(79,111

)

Capital and reserves

Called up share capital

7

1

1

Retained earnings

(52,368

)

(79,112

)

Shareholders' funds

(52,367

)

(79,111

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 August 2025 and were signed by:

W P Howell - Director

1.	Statutory information

Odd Even Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

13004497

Registered office:

85 Church Road

Hove

East Sussex

BN3 2BB

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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

Sale of goods

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.This is usually on dispatch of the goods.

Rendering of services

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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 cost

Plant and machinery - 25% reducing balance

Computer equipment- 33% on cost

Leashold improvements- 20 years

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Taxation

Taxation for the year 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - NIL ) .

4.	Tangible fixed assets

Fixtures

Long

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

Cost

At 1 April 2024

187,483

79,113

17,361

2,617

286,574

Additions

22,586

11,444

5,584

1,686

41,300

At 31 March 2025

210,069

90,557

22,945

4,303

327,874

Depreciation

At 1 April 2024

5,379

15,698

2,775

576

24,428

Charge for year

11,039

17,435

7,300

1,247

37,021

At 31 March 2025

16,418

33,133

10,075

1,823

61,449

Net book value

At 31 March 2025

193,651

57,424

12,870

2,480

266,425

At 31 March 2024

182,104

63,415

14,586

2,041

262,146

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Amounts owed by group undertakings

1

1

Other debtors

-

6,517

1

6,518

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

3,109

4,485

Amounts owed to group undertakings

228,538

263,873

Taxation and social security

28,267

-

Other creditors

60,110

76,189

320,024

344,547

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

8.	Related party disclosures

At the year end, the company owed the director £52,610 (2024: £73,689).