OCG PROPERTIES LTD

OCG PROPERTIES LTD
Contents Page
For the year ended 31 January 2025

Company information	1
Accountants' report	2
Statement of financial position	3
Notes to the financial statements	4

OCG PROPERTIES LTD
Company Information
For the year ended 31 January 2025

Directors	Steve Grubb Katie Grubb
Registered Number	08591157
Registered Office	29 Cecil Road Itchen Southampton Hampshire SO19 2HX
Accountants	JSR Management & HR Consultancy Services Ltd 37a Victoria Road Woolston Southampton SO19 9DY

1

OCG PROPERTIES LTD Accountants' Report For the year ended 31 January 2025
As described in the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 January 2025 and you consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. On the balance sheet you have acknowledged your duties under the prevailing Companies Act to ensure that the company keeps adequate accounting records and prepares financial statements that give a 'true and fair view'. You confirm that you have made all accounting records/information available to us in order for us to complete our work. The financial statements are provided exclusively to the Director(s) for the limited purposes mentioned above and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage and reliance. We do not express any opinion on the financial statements. .................................................... JSR Management & HR Consultancy Services Ltd 37a Victoria Road Woolston Southampton SO19 9DY 16 July 2025 2

OCG PROPERTIES LTD
Accountants' Report
For the year ended 31 January 2025

As described in the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 January 2025 and you consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

On the balance sheet you have acknowledged your duties under the prevailing Companies Act to ensure that the company keeps adequate accounting records and prepares financial statements that give a 'true and fair view'. You confirm that you have made all accounting records/information available to us in order for us to complete our work.

The financial statements are provided exclusively to the Director(s) for the limited purposes mentioned above and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage and reliance. We do not express any opinion on the financial statements.

....................................................

JSR Management & HR Consultancy Services Ltd
37a Victoria Road
Woolston
Southampton
SO19 9DY
16 July 2025

2

Registered Number: 08591157 OCG PROPERTIES LTD
Statement of Financial Position
As at 31 January 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	30,470	20,724
		30,470	20,724
Current assets
Debtors	4	14,201	14,227
Cash at bank and in hand		1,202	1,645
		15,403	15,872
Creditors: amount falling due within one year	5	(9,227)	(11,633)
Net current assets		6,176	4,239

Total assets less current liabilities		36,646	24,963
Creditors: amount falling due after more than one year	6	(27,365)	(11,909)
Net assets		9,281	13,054

Capital and reserves
Called up share capital		100	100
Profit and loss account		9,181	12,954
Shareholders' funds		9,281	13,054

For the year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These 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 income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 16 July 2025 and were signed on its behalf by:

-------------------------------
Steve Grubb
Director

3

OCG PROPERTIES LTD
Notes to the Financial Statements
For the year ended 31 January 2025

General Information

OCG PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 08591157, registration address 29 Cecil Road, Itchen, Southampton, Hampshire, SO19 2HX.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance
These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

Since the previous Statement of Financial position date the government mandated lockdown and the resulting reduction of trading activity has effected the company's turnover and profitability for the current year. Due to the unpredictability of the Covid - 19 pandemic, any assumptions relating to the speed and completeness of the recovery will inevitably leave an element of uncertainty.

The directors continue to support the business and have assessed whether the "going concern" basis of accounting is appropriate, considering all the available information about the future, which is at least, but not limited to, 12 months from the date of approval. At this time, the directors neither intend to liquidate the entity or to cease trading and therefore have prepared the Financial Statements on a "going concern" basis.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and any trade discounts applied.

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

Finance lease and hire purchase charges

The finance element of the rental payment is charged to the income statement on a straight line basis.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	4 Straight Line
Motor Vehicles	4 Straight Line
Computer Equipment	4 Straight Line

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
At 01 February 2024	7,665	27,932	2,560	38,157
Additions	855	33,689	-	34,544
Disposals	-	(27,682)	-	(27,682)
At 31 January 2025	8,520	33,939	2,560	45,019
Depreciation
At 01 February 2024	6,576	8,619	2,238	17,433
Charge for year	503	4,998	196	5,697
On disposals	-	(8,581)	-	(8,581)
At 31 January 2025	7,079	5,036	2,434	14,549
Net book values
Closing balance as at 31 January 2025	1,441	28,903	126	30,470
Opening balance as at 01 February 2024	1,089	19,313	322	20,724

4.

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	611	1,716
Called up Share Capital Not Paid	100	100
Prepayments & Accrued Income	-	52
Other Debtors	758	-
PAYE & Social Security	11,856	11,964
CIS Control Account	876	395
	14,201	14,227

5.

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	668	572
Corporation Tax	3,814	7,739
Obligations under HP/Financial Leases	4,745	3,322
	9,227	11,633

6.

Creditors: amount falling due after more than one year

	2025 £		2024 £
Obligations Under HP/Financial Leases	27,365		11,909
	27,365		11,909

4


Registered Number: 08591157
England and Wales
OCG PROPERTIES LTD

Unaudited Financial Statements

Period of accounts Start date: 01 February 2024 End date: 31 January 2025