Olbas Limited 03074175 true 2024-08-01 2025-07-31 2025-07-31 The principal activity of the company is dormant Digita Accounts Production Advanced 6.30.9574.0 true J M Groves J Groves S H Rodger 03074175 2024-08-01 2025-07-31 03074175 2025-07-31 03074175 bus:OrdinaryShareClass1 bus:CumulativeShares 2025-07-31 03074175 core:ShareCapital 2025-07-31 03074175 core:CurrentFinancialInstruments 2025-07-31 03074175 core:CurrentFinancialInstruments core:WithinOneYear 2025-07-31 03074175 bus:FRS102 2024-08-01 2025-07-31 03074175 bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 03074175 bus:FullAccounts 2024-08-01 2025-07-31 03074175 bus:CompanySecretary1 2024-08-01 2025-07-31 03074175 bus:Director1 2024-08-01 2025-07-31 03074175 bus:Director2 2024-08-01 2025-07-31 03074175 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-08-01 2025-07-31 03074175 bus:EntityNoLongerTradingButTradedInPast 2024-08-01 2025-07-31 03074175 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 03074175 countries:EnglandWales 2024-08-01 2025-07-31 03074175 2024-07-31 03074175 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-07-31 03074175 core:ShareCapital 2024-07-31 03074175 core:CurrentFinancialInstruments 2024-07-31 03074175 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03074175

Olbas Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 July 2025

Olbas Limited

Profit and Loss Account for the Year Ended 31 July 2025

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Olbas Limited

(Registration number: 03074175)
Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 2 | 1 | 1
Capital and reserves |  |  |
Called up share capital | 3 | 1 | 1
Shareholders' funds |  | 1 | 1

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 24 February 2026 and signed on its behalf by:

J M Groves
Director

Olbas Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1 | Accounting policies

Financial instruments

Classification
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

2 | Debtors

| Note | 2025 £ | 2024 £
Amounts owed by related parties |  | 1 | 1
|  | 1 | 1

3 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary share of £1 each | 1 | 1 | 1 | 1

4 | Control

The company's immediate parent is G. R. Lane Holdings Limited, incorporated in United Kingdom.