Company No: 09017365 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Mr O P E Andrew

REGISTERED OFFICE	C/O PM+M
	Greenbank Technology Park
	Challenge Way
	Blackburn
	Lancashire
	BB1 5QB
	United Kingdom

COMPANY NUMBER

09017365 (England and Wales)

CHARTERED ACCOUNTANTS	PM+M Solutions for Business LLP
	New Century House
	Greenbank Technology Park
	Challenge Way
	Blackburn
	BB1 5QB

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	601		1,730
Investment property	4	800,000		715,807
		800,601		717,537
Current assets
Cash at bank and in hand		12,476		12,285
		12,476		12,285
Creditors: amounts falling due within one year	5	( 256,526)		( 251,536)
Net current liabilities		(244,050)		(239,251)
Total assets less current liabilities		556,551		478,286
Creditors: amounts falling due after more than one year	6	( 507,552)		( 507,552)
Provision for liabilities		( 49,298)		( 28,250)
Net liabilities		( 299)		( 57,516)
Capital and reserves
Called-up share capital	7	100		100
Fair value reserve		147,895		84,750
Profit and loss account		( 148,294 )		( 142,366 )
Total shareholders' deficit		( 299)		( 57,516)

For the financial year 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 financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Oliver Andrew Property Development Limited (registered number: 09017365) were approved and authorised for issue by the Director on 16 December 2025. They were signed on its behalf by:

Mr O P E Andrew Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Oliver Andrew Property Development Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O PM+M, Greenbank Technology Park, Challenge Way, Blackburn, Lancashire, BB1 5QB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Rental income from operating leases (net of any incentives given to the lessee) is recognised on a straight-line basis over the lease term.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Fixtures and fittings		Total
	£		£
Cost
At 01 April 2024	20,597		20,597
At 31 March 2025	20,597		20,597
Accumulated depreciation
At 01 April 2024	18,867		18,867
Charge for the financial year	1,129		1,129
At 31 March 2025	19,996		19,996
Net book value
At 31 March 2025	601		601
At 31 March 2024	1,730		1,730

4. Investment property

	Investment property
	£
Valuation
As at 01 April 2024	715,807
Fair value movement	84,193
As at 31 March 2025	800,000

Valuation

The directors have determined the fair value of the investment property to be materially consistent with the value stated in the accounts. The valuation was made on an open market basis by reference to market evidence of transaction prices for similar properties.

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Amounts owed to connected persons	7,882		7,882
Amounts owed to related parties	225,786		221,786
Other taxation and social security	8,698		12,318
Other creditors	14,160		9,550
	256,526		251,536

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Other creditors	507,552		507,552

Other creditors are secured by way of first ranking legal charge over the company's Investment Property.

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
90 Ordinary A shares of £ 1.00 each	90		90
10 Ordinary B shares of £ 1.00 each	10		10
	100		100