REGISTERED NUMBER: 03711681 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

OLIVIA TRADING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P F Lewis

G P Elliott

D J Phillips

SECRETARY:

P F Lewis

REGISTERED OFFICE:

100 Church Street

Brighton

East Sussex

BN1 1UJ

REGISTERED NUMBER:

03711681 (England and Wales)

ACCOUNTANTS:

Paddenburg & Co Limited

100 Church Street

Brighton

East Sussex

BN1 1UJ

CURRENT ASSETS

Stocks

825,000

825,000

Debtors

4

3,568

3,837

Cash at bank

74,229

73,319

902,797

902,156

CREDITORS

Amounts falling due within one year

5

303,061

357,788

NET CURRENT ASSETS

599,736

544,368

TOTAL ASSETS LESS CURRENT LIABILITIES

599,736

544,368

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

599,733

544,365

SHAREHOLDERS' FUNDS

599,736

544,368

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

The members have not required the company to obtain an audit of its financial statements for the year 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2025 and were signed on its behalf by:

D J Phillips - Director

P F Lewis - Director

G P Elliott - Director

1.	STATUTORY INFORMATION

Olivia Trading Limited 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Turnover

Turnover represents amounts receivable for rents, on a time apportioned basis, from investment properties.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,299

2,616

Prepayments

1,269

1,221

3,568

3,837

The balance of £40 (2024: credit balance of £16,995) is due from Pepper Fox Management Ltd of which G P Elliott is a director.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

254,494

321,449

Tax

23,519

18,901

VAT

412

934

Directors' loan accounts

20,206

4,224

Deferred income

3,330

11,180

Accrued expenses

1,100

1,100

303,061

357,788

Amounts owed to group undertakings include £9,711 (2024 : £9,711) due to The Olivia Group Ltd,

£117,168 (2024 : £117,168) due to Aston Peel Ltd and £20,185 (2024 : £20,185) due to Moneypenny Holdings Ltd.

G P Elliott and D J Phillips are directors of the above mentioned companies.

Also included is a balance of £107,430 (2024 : £157,430) due to Spoolfinder Ltd, of which

D J Phillips and P F Lewis are directors.

6.	RELATED PARTY DISCLOSURES

In the year, the company received rents totalling £18,000 (2024 : £17,000) from Pepper Fox Ltd.

G P Elliott is a director of Pepper Fox Ltd.

The rent was calculated at a normal commercial rate.

7.	ULTIMATE CONTROLLING PARTY

The company's three directors each own one third of the share capital, therefore the company is not under the control of any one party.