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REGISTERED NUMBER: 15460654 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 2 FEBRUARY 2024 TO 31 MARCH 2025

FOR

OLNU LTD

OLNU LTD (Registered number: 15460654)

CONTENTS OF THE FINANCIAL STATEMENTS

for the period 2 February 2024 to 31 March 2025

| Page |

Company Information | 1 |

Balance Sheet | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 5

OLNU LTD

COMPANY INFORMATION

for the period 2 February 2024 to 31 March 2025

| Directors: | Dr E Pound

| Dr E M Gray

| Registered office: | Flat 7

| The Clock Tower

| Bishopthorpe Road

| York

| YO23 1DE

| Registered number: | 15460654 (England and Wales)

| Accountants: | Websters

| 129 North Hill

| Plymouth

| Devon

| PL4 8JY

OLNU LTD (Registered number: 15460654)

BALANCE SHEET

31 March 2025

| Notes | £ | £ |

| Fixed assets

| Tangible assets | 4 | 1,893 |  |

| Current assets

| Debtors | 5 | 1,516 |  |  |

| Cash at bank | 36,678 |  |  |

38,194 |  |

| Creditors

| Amounts falling due within one year | 6 | 20,690 |  |

| Net current assets | 17,504 |  |

| Total assets less current liabilities | 19,397 |  |

| Provisions for liabilities | 400 |  |

| Net assets | 18,997 |  |

| Capital and reserves

| Called up share capital | 7 | 100 |  |

| Retained earnings | 18,897 |  |

| Shareholders' funds | 18,997 |  |

OLNU LTD (Registered number: 15460654)

BALANCE SHEET - continued

31 March 2025

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2025 and were signed on its behalf by:

Dr E Pound - Director

OLNU LTD (Registered number: 15460654)

NOTES TO THE FINANCIAL STATEMENTS

for the period 2 February 2024 to 31 March 2025

1. | STATUTORY INFORMATION

| OLNU LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

| Turnover is measured at the fair value of the consideration receivable, net of discounts. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is recognised by the reference to the stage of completion of the work being completed.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Equipment | - | 33% on cost

| 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.

| Debtors

| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

| Creditors

| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 2 .

OLNU LTD (Registered number: 15460654)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the period 2 February 2024 to 31 March 2025

4. | TANGIBLE FIXED ASSETS

| Equipment

£ |

| Cost

| Additions | 2,267 |  |

| At 31 March 2025 | 2,267 |  |

| Depreciation

| Charge for period | 374 |  |

| At 31 March 2025 | 374 |  |

| Net book value

| At 31 March 2025 | 1,893 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Prepayments | 1,516 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Tax | 19,000 |  |

| Directors' current accounts | 1,690 |  |

20,690 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal

| value: | £ |

| 100 | Ordinary | £1 | 100 |  |

8. | RELATED PARTY DISCLOSURES

| At the balance sheet date the directors Dr E Pound was owed £1,690 by the company. The loan is interest free and repayable on demand.