Company registration number: 10521785
Unaudited financial statements
for the year ended 31 March 2025
for
Ogel It Ltd
Pages for filing with the Registrar
Company registration number: 10521785
Ogel It Ltd
Balance sheet
as at 31 March 2025
2025 2024
£ £ £ £
Fixed assets 23,130 27,968
Current assets 1,639,921 1,508,165
Creditors: amounts falling due within one year (338,288) (365,602)
Net current assets 1,301,633 1,142,563
NET ASSETS 1,324,763 1,170,531
CAPITAL AND RESERVES 1,324,763 1,170,531
Notes
1 Company information
Ogel It Ltd is a private company registered in England and Wales. Its registered number is 10521785. The company is limited by shares. Its registered office is Unit 4 Rutherford Close, Stevenage, Hertfordshire, SG1 2EF.
2 Average number of employees
During the year the average number of employees was 8 (2024 - 9).
3 Advances, credit and guarantees granted to the director
During the year ended 31 March 2025 there were no advances, credits or guarantees granted to directors. (2024: £216,000).
4 Related party transactions
During the year ended 31 March 2025, the company advanced an interest‑free loan of £400,107 to Ickle Estates Ltd, an entity under the same controlling party. Although the loan agreement states that the balance is repayable on demand, the directors do not intend to request repayment within the foreseeable future, and the loan is therefore considered long‑term in substance.
In accordance with FRS 105, the loan has been recognised at transaction price, being the amount advanced. No repayments were received during the year, resulting in an outstanding balance of £400,107 at 31 March 2025 (2024: £nil).
No other transactions with related parties occurred during the year that require disclosure.
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
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Company registration number: 10521785
Ogel It Ltd
Balance sheet - continued
as at 31 March 2025
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the micro-entity provisions.
Signed by:
Mr S Newman, Director
24 December 2025
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