REGISTERED NUMBER: 10901573 (England and Wales)

OLSCON LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

4

DIRECTOR:

O G Stephenson

REGISTERED OFFICE:

Lomberdale Hall

Middleton by Youlgrave

Bakewell

Derbyshire

DE45 1LU

REGISTERED NUMBER:

10901573 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

14 London Road

Newark

Nottinghamshire

NG24 1TW

FIXED ASSETS

Investments

4

279,826

264,456

CURRENT ASSETS

Debtors

5

-

555

Cash at bank

22,819

22,380

22,819

22,935

CREDITORS

Amounts falling due within one year

6

46,541

44,778

NET CURRENT LIABILITIES

(23,722

)

(21,843

)

TOTAL ASSETS LESS CURRENT LIABILITIES

256,104

242,613

PROVISIONS FOR LIABILITIES

6,182

3,227

NET ASSETS

249,922

239,386

CAPITAL AND RESERVES

Called up share capital

7

1

1

Fair value reserve

8

26,354

13,757

Retained earnings

223,567

225,628

SHAREHOLDERS' FUNDS

249,922

239,386

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 May 2026 and were signed by:

O G Stephenson - Director

1.	STATUTORY INFORMATION

Olscon Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investments

Quoted investments are measured at fair value through the income statement, where fair value is determined by reference to the bid price at the relevant financial reporting date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 September 2024

264,456

Additions

168,970

Disposals

(169,152

)

Revaluations

15,552

At 31 August 2025

279,826

NET BOOK VALUE

At 31 August 2025

279,826

At 31 August 2024

264,456

Cost or valuation at 31 August 2025 is represented by:

Other

investments

£

Valuation in 2022

(10,571

)

Valuation in 2023

6,993

Valuation in 2024

16,984

Valuation in 2025

15,552

Cost

250,868

279,826

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

555

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

46,541

44,778

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary Share

1

1

1

8.

RESERVES

Fair

value

reserve

£

At 1 September 2024

13,757

Revaluation in year

15,552

Deferred tax on investments

(2,955

)

At 31 August 2025

26,354