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Company Registration No. 15224880 (England and Wales)
Ola Rora Ltd Unaudited accounts for the year ended 31 October 2025
Ola Rora Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Ola Rora Ltd Company Information for the year ended 31 October 2025
Director
Haiyang Zhong
Company Number
15224880 (England and Wales)
Registered Office
Unit 39 St Olavs Court City Business Centre Lower Road London SE16 2XB England
Accountants
LJW Accountants Limited 27 Hardy Avenue Dartford Kent DA1 2FE
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Ola Rora Ltd Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
746
995
Current assets
Cash at bank and in hand
1,846
2,537
Creditors: amounts falling due within one year
5
(891)
(887)
Net current assets
955
1,650
Net assets
1,701
2,645
Capital and reserves
Called up share capital
1
1
Profit and loss account
1,700
2,644
Shareholders' funds
1,701
2,645
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 13 April 2026 and were signed on its behalf by
Haiyang Zhong Director Company Registration No. 15224880
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Ola Rora Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Ola Rora Ltd is a private company, limited by shares, registered in England and Wales, registration number 15224880. The registered office is Unit 39 St Olavs Court, City Business Centre, Lower Road, London, SE16 2XB, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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:
Computer equipment
Over 5 years
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Ola Rora Ltd Notes to the Accounts for the year ended 31 October 2025
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 November 2024
1,244
At 31 October 2025
1,244
Depreciation
At 1 November 2024
249
Charge for the year
249
At 31 October 2025
498
Net book value
At 31 October 2025
746
At 31 October 2024
995
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
-
621
Loans from directors
291
266
Accruals
600
-
891
887
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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