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Company Registration No. 12807513 (England and Wales)
THE OLIVE (LINCS) LTD Unaudited accounts for the year ended 31 August 2025
THE OLIVE (LINCS) LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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THE OLIVE (LINCS) LTD Company Information for the year ended 31 August 2025
Director
Julie Ann Harmer
Company Number
12807513 (England and Wales)
Registered Office
THE OLIVE 45 KING STREET MARKET RASEN LN8 3BB ENGLAND
Accountants
Elliott Accountancy Services Ltd Rosemary Cottage Barkwith Road South Willingham Lincolnshire LN8 6NN
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THE OLIVE (LINCS) LTD Statement of financial position as at 31 August 2025
2025 
2024 
Notes
£ 
£ 
Called up share capital not paid
1 
1 
Fixed assets
Tangible assets
4
301,979 
282,144 
Current assets
Cash at bank and in hand
2,980 
2,769 
Net current assets
2,980 
2,769 
Total assets less current liabilities
304,960 
284,914 
Creditors: amounts falling due after more than one year
5
(292,244)
(273,783)
Net assets
12,716 
11,131 
Capital and reserves
Share premium
1 
1 
Profit and loss account
12,715 
11,130 
Shareholders' funds
12,716 
11,131 
For the year ending 31 August 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 her 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 May 2026 and were signed on its behalf by
Julie Ann Harmer Director Company Registration No. 12807513
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THE OLIVE (LINCS) LTD Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
THE OLIVE (LINCS) LTD is a private company, limited by shares, registered in England and Wales, registration number 12807513. The registered office is THE OLIVE, 45 KING STREET, MARKET RASEN, LN8 3BB, 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.
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
At Cost
Fixtures & fittings
20% Straight Line
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2024
275,500 
12,078 
287,578 
Additions
- 
22,250 
22,250 
At 31 August 2025
275,500 
34,328 
309,828 
Depreciation
At 1 September 2024
- 
5,434 
5,434 
Charge for the year
- 
2,415 
2,415 
At 31 August 2025
- 
7,849 
7,849 
Net book value
At 31 August 2025
275,500 
26,479 
301,979 
At 31 August 2024
275,500 
6,644 
282,144 
5
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Amounts owed to group undertakings and other participating interests
8,167 
25,188 
Loans from directors
284,077 
248,595 
292,244 
273,783 
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THE OLIVE (LINCS) LTD Notes to the Accounts for the year ended 31 August 2025
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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