O2h Cowork Labs Limited


Directors	Prashant Shah
	Sunil Shah


Registered Address	O2h Scitech Park Mill Lane
	Hauxton
	Cambridge
	CB22 5HX


Registered Number	11446209 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		2,439,402		2,439,402
			2,439,402		2,439,402
Current assets
Debtors		67		443
Cash at bank and on hand		23,877		17,940
		23,944		18,383
Creditors amounts falling due within one year	4	(204,622)		(110,620)
Net current assets (liabilities)			(180,678)		(92,237)
Total assets less current liabilities			2,258,724		2,347,165
Creditors amounts falling due after one year	5		(2,083,662)		(2,174,301)
Net assets			175,062		172,864
Capital and reserves
Called up share capital			21		21
Profit and loss account			175,041		172,843
Shareholders' funds			175,062		172,864

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small 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 15 December 2025, and are signed on its behalf by:

Sunil Shah
Director
Registered Company No. 11446209

O2h Cowork Labs Limited

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 rendering of services is recognised by reference to the stage of completion of the contract.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Investment property
	Investment property is included at fair value.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Investment property
	The investment property has been revalued based on the directors’ valuation, to reflect its open market value as at the balance sheet date. The valuation was made by reference to market evidence of transaction prices for similar properties.


		£
	Fair value at 01 April 24	2,439,402
	At 31 March 25	2,439,402

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	-	23,998
Bank borrowings and overdrafts	191,337	75,000
Taxation and social security	286	-
Accrued liabilities and deferred income	12,999	11,622
Total	204,622	110,620


	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.

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Amounts owed to related parties	2,083,662	2,174,301
Total	2,083,662	2,174,301


	Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs.