ACCOUNTS - Final Accounts preparation

Registered number: 14773399

OPUZ ESTATE LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

OPUZ ESTATE LTD

REGISTERED NUMBER: 14773399

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		854,199		-
			854,199		-
Current assets
Stocks		4,258		-
Debtors: amounts falling due within one year	5	27,280		-
Cash at bank and in hand	6	9,494		100
		41,032		100
Creditors: amounts falling due within one year	7	(901,719)		-
Net current (liabilities)/assets			(860,687)		100
Total assets less current liabilities			(6,488)		100

Net (liabilities)/assets			(6,488)		100

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		(6,588)	-
		(6,488)	100

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 December 2025.

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OPUZ ESTATE LTD

REGISTERED NUMBER: 14773399

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

Ibrahim Opuz

Director

The notes on pages 3 to 6 form part of these financial statements.

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OPUZ ESTATE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Opuz Estate Ltd is a private company limited by share capital, incorporated in England and Wales, registration number 14773399. The address of the registered office is 291 Green Lanes, London N13 4XS.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

The sale of food and beverages is recorded at the point of sale.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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OPUZ ESTATE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.5

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Freehold property	-	2%
				Office equipment	-	20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 17 (2024 - 1).

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OPUZ ESTATE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Tangible fixed assets

	Freehold property	Office equipment	Total
	£	£	£
Cost
Additions	858,608	2,920	861,528
At 31 March 2025	858,608	2,920	861,528
Depreciation
Charge for the year on owned assets	7,137	192	7,329
At 31 March 2025	7,137	192	7,329
Net book value
At 31 March 2025	851,471	2,728	854,199
At 31 March 2024	-	-	-

Debtors

					2025	2024
					£	£


Prepayments and accrued income	27,280	-
	27,280	-

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	9,494	100
	9,494	100

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OPUZ ESTATE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	39,560	-
Other taxation and social security	26,853	-
Other creditors	818,540	-
Accruals and deferred income	16,766	-
	901,719	-

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 (2024 - 100) Ordinary shares of £1.00 each	100	100

Related party transactions

Sales
Sales of £50,000 (2024: £nil) were made to companies under common control. No amounts were outstanding at the year end.

Loans
Included within Other Creditors at the year end are loans outstanding totalling £370,571 (2024: £nil) to companies under common control. These loans are unsecured, interest-free and repayable on demand.

A further loan of £260,000 (2024: £nil) was received from a company connected to the director and included in Other Creditors at the year end. This loan is also unsecured, interest-free and repayable on demand.

The director had a loan balance of £182,232 (2024: £nil) owing to him at the year end. This loan is unsecured, interest-free and repayable on demand.

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