OLA Real Estate Limited

	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—6

Registered number: 10140141

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		580,286		379,206
Investments	5		310,060		265,072

			890,346		644,278
CURRENT ASSETS
Debtors	6	83,568		114,625
Cash at bank and in hand		30,636		53,708

		114,204		168,333
Creditors: Amounts Falling Due Within One Year	7	(576,116 )		(545,361 )

NET CURRENT ASSETS (LIABILITIES)			(461,912 )		(377,028 )

TOTAL ASSETS LESS CURRENT LIABILITIES			428,434		267,250

Creditors: Amounts Falling Due After More Than One Year	8		(52,456 )		(54,602 )

NET ASSETS			375,978		212,648

CAPITAL AND RESERVES
Called up share capital	9		30		30
Share premium account			331		331
Profit and Loss Account			375,617		212,287

SHAREHOLDERS' FUNDS			375,978		212,648

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OLA Real Estate Limited

Balance Sheet (continued)

As At 31 March 2025

For the 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.

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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

The financial statements were approved by the board of directors on 28 December 2025 and were signed on its behalf by:

Mr Stephen Whitaker

Director

The notes on pages 4 to 6 form part of these financial statements.

1. General Information

OLA Real Estate Limited Registered number 10140141 is a limited by shares company incorporated in England & Wales. The Registered Office is 39 Main Street, Bunny, Nottinghamshire, NG11 6QU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover in the normal course of business comprises rental income from investment properties that comprise of freehold and leasehold properties held by the company and leased to third parties. Turnover is recognised on a straight-line basis over the lease term. Lease incentives, where offered, are recognised as a reduction of turnover on a straight line basis over the lease term, or to the first rent break clause where applicable.

2.3. Tangible Fixed Assets and Depreciation

The freehold and leasehold property is included in the accounts initially at cost and then annually thereafter at a valuation carried out by the directors. The directors consider the carrying value of the property to be equivalent to current market value.

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	3 years
Fixtures & Fittings	3 years
Computer Equipment	3 years

2.4. Investment Properties

Investment property comprises freehold and leasehold land and buildings. Investment property is recorded initially at its cost. Subsequently, investment properties are carried at their open market value, which is informally updated annually by the directors. Any surplus or deficit on revaluation is recognised through the statement of total recognised gains and losses to the extent that these are considered to be temporary.

Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.

Finance costs that are directly attributable to acquiring property are capitalised within investment properties and depreciated over the life of the loan on which they arise.

2.5. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.6. Investments

Investment in a subsidiary company is held at cost less accumulated impairment losses.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was NIL (2024: NIL)

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OLA Real Estate Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Investment Properties	Plant & Machinery	Total
	£	£	£
Cost
As at 1 April 2024	380,095	1,149	381,244
Additions	201,080	-	201,080

As at 31 March 2025	581,175	1,149	582,324

Depreciation
As at 1 April 2024	889	1,149	2,038

As at 31 March 2025	889	1,149	2,038

Net Book Value
As at 31 March 2025	580,286	-	580,286

As at 1 April 2024	379,206	-	379,206

Investment properties have not been revalued since their aquisition. The Directors are of the opinion that there has been no material change in the value of the investment properties as at 31 March 2025 based on consideration of the current market and comparison with sales of similar property in the same area.

The aggregate amount of finance costs capitalised and included in the cost of investment properties is £889. The amortisation charge applied to these finance costs for the year amounted to £nil (2024: £nil).

5. Investments

	Listed	Unlisted	Other	Total
	£	£	£	£
Cost or Valuation
As at 1 April 2024	304,713	333	10,000	315,046
Additions	72,407	-	-	72,407
Disposals	(27,419 )	-	-	(27,419 )
Transfers	(49,974 )	-	-	(49,974 )

As at 31 March 2025	299,727	333	10,000	310,060

Provision
As at 1 April 2024	49,974	-	-	49,974
Transfers	(49,974 )	-	-	(49,974 )

As at 31 March 2025	-	-	-	-

Net Book Value
As at 31 March 2025	299,727	333	10,000	310,060

As at 1 April 2024	254,739	333	10,000	265,072

Unlisted investments are stated at cost and comprise of the following:

SGW Accounts & Tax Services Limited (incorporated in England and Wales) - 100% of the ordinary shares
OLAM Developments Limited (incorporated in England and Wales) - 100% of the ordinary shares
OLAM Real Estate Limited (incorporated in England and Wales) - 100% of the ordinary shares

The Directors consider the value of the unlisted investments to be supported by their underlying assets.

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OLA Real Estate Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	864	513
Amounts due from Landlords	80,631	114,092
Called up share capital not paid	20	20
Amounts owed by subsidiaries	2,053	-

	83,568	114,625

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	7,308	6,345
Other shareholder loans	5,074	5,074
Shareholder Loans	421,606	399,105
Other creditors (3) (Current liabilities - creditors < 1 year)	600	-
Accruals and deferred income	1,880	492
Directors' loan accounts	101,844	96,541
Amounts owed to subsidiaries	37,804	37,804

	576,116	545,361

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other shareholder loans (amounts due > 1 year)	52,456	54,602

9. Share Capital

	2025	2024
	£	£
Called Up Share Capital not Paid	20	20
Called Up Share Capital has been paid up	10	10

Amount of Allotted, Called Up Share Capital	30	30

10. Controlling Party

The company is jointly controlled by Stephen Whitaker and Leanne Whitaker.

Page 6

	Share Capital	Share Premium	Profit and Loss Account	Total
	£	£	£	£
As at 1 April 2023	30	331	114,067	114,428
Profit for the year and total comprehensive income	-	-	98,220	98,220

As at 31 March 2024 and 1 April 2024	30	331	212,287	212,648


Profit for the year and total comprehensive income	-	-	163,330	163,330

As at 31 March 2025	30	331	375,617	375,978