OSTERLEY PROPERTY PARTNERSHIP LTD


Directors	CURTIS, Amelia Sophie
	CURTIS, Robin David Melville


Registered Address	4 Lockhart Drive
	Holt
	NR25 6FP


Registered Number	10735871 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Current assets
Debtors	4	2,004,175		2,026,379
Cash at bank and on hand		-		1,738
		2,004,175		2,028,117
Creditors amounts falling due within one year	5	(725,868)		(750,684)
Net current assets (liabilities)			1,278,307		1,277,433
Total assets less current liabilities			1,278,307		1,277,433
Net assets			1,278,307		1,277,433
Capital and reserves
Called up share capital			1,125,900		1,125,900
Profit and loss account			152,407		151,533
Shareholders' funds			1,278,307		1,277,433

The company was dormant and has not traded during this reporting period and it was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 30 November 2025, and are signed on its behalf by:

CURTIS, Amelia Sophie
Director

CURTIS, Robin David Melville
Director

Registered Company No. 10735871

OSTERLEY PROPERTY PARTNERSHIP LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Fixtures and fittings	25

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	2,004,175	2,026,379
Total	2,004,175	2,026,379

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Amounts owed to related parties	368,000	372,500
Taxation and social security	205	13,941
Other creditors	357,663	363,163
Accrued liabilities and deferred income	-	1,080
Total	725,868	750,684


	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.

6.	Creditors: amounts due after one year
	There is a Director's loan account of £353,384 (2024 : £228,383.74)

7.	Provisions for liabilities

8.	Related party transactions
	At the balance sheet date, the company owed £368,000 (2024: £372,500) to Windmill Residential (Management Company) Ltd where Mr. R Curtis is also a director. The debtors includes balance of £2,013,838 (2024 : £2,022,100) related to Marillion Properties Limited.