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Registered Number: 11708839
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 31 December 2024

for

OTUNG PROPERTY LIMITED

OTUNG PROPERTY LIMITED
Contents Page
For the year ended 31 December 2024




Business Information

1
Director's Report

2
Statement of Financial Position

3
Notes to the Accounts

4
1
OTUNG PROPERTY LIMITED
Business Information
For the year ended 31 December 2024
Directors Daniel Christopher Ryland
Kima Iniekem Otung
Registered Number 11708839
Registered Office 35 Grove Park
Colwyn Bay
LL29 7TY
2
OTUNG PROPERTY LIMITED
Directors' Report
For the year ended 31 December 2024
The directors present their report and accounts for the year ended 31 December 2024.
Directors
The directors who served the company throughout the year were as follows:
Daniel Christopher Ryland
Kima Iniekem Otung


Signed on behalf of the board


----------------------------------
Kima Otung
Director

Date approved: 26 September 2025
3
OTUNG PROPERTY LIMITED
Statement of Financial Position
As at 31 December 2024
 
 		  
£		 2024
£		    
£		 2023
£
Fixed assets 144,664  144,683 
Current assets 2,963  2,209 
Creditors: amount falling due within one year (50,852) (50,451)
Net current assets/(liabilities) (47,889) (48,242)
Total assets less current liabilities 96,775  96,441 
Creditors: amount falling due after more than one year (106,138) (106,138)
Net assets/(liabilities) (9,363) (9,697)
 
Capital and reserves (9,363) (9,697)
 
  1. For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Kima Otung
Director

Date approved: 30 September 2025
4
OTUNG PROPERTY LIMITED
Notes to the Accounts
For the year ended 31 December 2024
Statutory Information
OTUNG PROPERTY LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 11708839, registration address 35 Grove Park, Colwyn Bay, LL29 7TY, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
2.

Average number of employees

Average number of employees during the year were 2 (2023: 2).
5