Company Registration No. 13317676 (England and Wales)
Olex Properties Limited
Unaudited accounts
for the year ended 30 April 2025
Olex Properties Limited
Unaudited accounts
Contents
Olex Properties Limited
Company Information
for the year ended 30 April 2025
Directors
Stephen Jeremy Dalton
Alison Elizabeth Dalton
Company Number
13317676 (England and Wales)
Registered Office
262 Hyde End Road
Spencers Wood
Reading
Berkshire
RG7 1DL
England
Accountants
Surrey Hills Accountancy Limited
The Old Workshop
Longfrey Cottage
Dorking Road
Chilworth
GU4 8RH
Olex Properties Limited
Statement of financial position
as at 30 April 2025
Investment property
1,028,490
1,028,490
Cash at bank and in hand
4,086
26,845
Creditors: amounts falling due within one year
(1,069)
(3,438)
Net current assets
4,212
24,667
Total assets less current liabilities
1,032,861
1,053,474
Creditors: amounts falling due after more than one year
(1,047,033)
(1,047,024)
Net (liabilities)/assets
(14,172)
6,450
Called up share capital
1,000
1,000
Profit and loss account
(15,172)
5,450
Shareholders' funds
(14,172)
6,450
For the year ending 30 April 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 December 2025 and were signed on its behalf by
Alison Elizabeth Dalton
Director
Company Registration No. 13317676
Olex Properties Limited
Notes to the Accounts
for the year ended 30 April 2025
Olex Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 13317676. The registered office is 262 Hyde End Road, Spencers Wood, Reading, Berkshire, RG7 1DL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No Depreciation
Plant & machinery
25% Straight line
4
Tangible fixed assets
Plant & machinery
Fair value at 1 May 2024
1,028,490
At 30 April 2025
1,028,490
Olex Properties Limited
Notes to the Accounts
for the year ended 30 April 2025
Amounts falling due within one year
Accrued income and prepayments
1,195
1,260
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
2,369
Loans from directors
229
229
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
759,887
759,920
Amounts owed to group undertakings and other participating interests
287,146
287,104
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).