Registration number: 14312130

Olympia Consultancy Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Olympia Consultancy Limited

(Registration number: 14312130)
Balance Sheet as at 31 March 2025

	Note	31 March 2025 £		31 August 2024 £
Fixed assets
Tangible assets	4		749		-
Current assets
Debtors	5	8,685		2,479
Cash at bank and in hand		25,646		17,257
		34,331		19,736
Creditors: Amounts falling due within one year	6	(14,321)		(8,442)
Net current assets			20,010		11,294
Net assets			20,759		11,294
Capital and reserves
Called up share capital	8	100		100
Retained earnings		20,659		11,194
Shareholders' funds			20,759		11,294

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 November 2025
 

......................................... J Atkins-Mackley Director

Olympia Consultancy Limited

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
c/o York House
Cottingley Business Park
Bradford
West Yorkshire
BD16 1PE

These financial statements were authorised for issue by the director on 28 November 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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 disclosure and presentation requirements of Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company's functional and presentation currency is pound sterling.

Disclosure of long or short period

The company has shortened it's year end to 31 March 2025 so the results will not be entirely comparable with the prior year.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

The company recognises revenue when the amount of revenue can be measured reliably and it is probable that future economic benefits will flow to the entity.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Olympia Consultancy Limited

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 31 March 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	25% Straight Line

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Financial assets

Basic financial assets, including trade and other receivables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar asset. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss and any subsequent reversal is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
 

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2024 - 1).

Olympia Consultancy Limited

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 31 March 2025

4	Tangible assets

	Office equipment £	Total £
Cost or valuation
Additions	999	999
At 31 March 2025	999	999
Depreciation
Charge for the period	250	250
At 31 March 2025	250	250
Carrying amount
At 31 March 2025	749	749

5

Debtors

	2025 £	2024 £
Trade debtors	8,204	2,369
Prepayments	-	110
Other debtors	481	-
	8,685	2,479

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	7	-	682
Taxation and social security		12,997	6,500
Accruals and deferred income		1,324	1,260
		14,321	8,442

7	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Other borrowings	-	682

Olympia Consultancy Limited

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 31 March 2025

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A shares of £1 each	55	55	55	55
Ordinary B shares of £1 each	35	35	35	35
Ordinary C shares of £1 each	10	10	10	10
	100	100	100	100

9	Related party transactions

2025	At 1 September 2024 £	Advances to director £	At 31 March 2025 £
Directors loan account	-	481	481

2024	At 1 September 2023 £	Repayments by director £	At 31 August 2024 £
Directors loan account	1,316	(1,316)	-

Expenditure with and payables to related parties

2024	Key management £
Amounts payable to related party	682