ORI PROPERTIES LIMITED


Director	Ms G K Fogel


Company Secretary	Ms G K Fogel


Registered Address	42 Lytton Road
	Barnet
	EN5 5BY


Registered Number	04784050 (England and Wales)

Statement of Financial Position
31 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		1,910,000		1,910,000
			1,910,000		1,910,000
Current assets
Debtors	4	2,495		-
Cash at bank and on hand		3,485		5,077
		5,980		5,077
Creditors amounts falling due within one year	5	(741,815)		(753,124)
Net current assets (liabilities)			(735,835)		(748,047)
Total assets less current liabilities			1,174,165		1,161,953
Creditors amounts falling due after one year	6		(200,000)		(200,000)
Provisions for liabilities	7		(136,602)		(111,634)
Net assets			837,563		850,319
Capital and reserves
Called up share capital			100		100
Revaluation reserve			409,805		97,715
Profit and loss account			427,658		752,504
Shareholders' funds			837,563		850,319

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 28 May 2026, and are signed on its behalf by:

Ms G K Fogel
Director
Registered Company No. 04784050

ORI PROPERTIES LIMITED

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Investment property
	Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Investment property


		£
	Fair value at 01 September 24	1,910,000
	At 31 August 25	1,910,000

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Prepayments and accrued income	2,495	-
Total	2,495	-

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	5,160	-
Amounts owed to related parties	392,111	264,914
Taxation and social security	3,515	9,546
Other creditors	339,257	474,802
Accrued liabilities and deferred income	1,772	3,862
Total	741,815	753,124

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	200,000	200,000
Total	200,000	200,000

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	136,602	111,634
Total	136,602	111,634

8.	Related party transactions
	At the balance sheet date, the company owed an amount of £329.798 (2024: £474,802) to the director. The amount is interest free and repayable on demand. At the balance sheet date, the company owed an amount of £392,111 (2024: £264,914) to Wembley Windows (S.C.) Ltd, a company where the director has common control.