OTORO_LTD_28_Feb_2026_companies_house_set_of

Company registration number:

06505887

Otoro Ltd

Unaudited Filleted Financial Statements for the year ended

28 February 2026

Clarity Accounting Limited

Chartered Certified Accountants

Office FF10, Brooklands House, 58 Marlborough Road, Lancing, West Sussex, BN15 8AF, United Kingdom

Otoro Ltd

Report to the board of directors on the preparation of the unaudited statutory financial statements of Otoro Ltd

Year ended

28 February 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements

of

Otoro Ltd

for the year ended

28 February 2026

which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Members/Doc/rule/2018-rulebook.pdf.

It is your duty to ensure that

Otoro Ltd

has kept adequate accounting records and to prepare statutory

financial statements

that give a true and fair view of the assets, liabilities, financial position and profit of

Otoro Ltd

. You consider that

Otoro Ltd

is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Otoro Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Clarity Accounting Limited

Chartered Certified Accountants

Office FF10, Brooklands House

58 Marlborough Road

Lancing

West Sussex

BN15 8AF

United Kingdom

Date:

24 June 2026

Otoro Ltd

Statement of Financial Position

28 February 2026

		2026		2025
	Note	£		£
Fixed assets
Tangible assets	5	68		481
Current assets
Debtors	6	180,930		37,004
Cash at bank and in hand		210,781		4,241
		391,711		41,245
Creditors: amounts falling due within one year	7	(347,154	)	(4,437	)
Net current assets		44,557		36,808
Total assets less current liabilities		44,625		37,289
Capital and reserves
Called up share capital		1		1
Profit and loss account		44,624		37,288
Shareholders funds		44,625		37,289

For the year ending

28 February 2026

, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These

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.

These

financial statements

were approved by the board of directors and authorised for issue on

24 June 2026

, and are signed on behalf of the board by:

Mr T Vanderzalm

Director

Company registration number:

06505887

Otoro Ltd

Notes to the Financial Statements

Year ended

28 February 2026

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

Office Ff10 Brooklands House

,

58 Marlborough Road

,

Lancing

,

West Sussex

,

BN15 8AF

, England.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis, as modified by the revaluation of certain assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures, fittings and equipment

20% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

4 Average number of employees

The average number of persons employed by the company during the year was

1

(2025:

1

).

5 Tangible assets

	Plant and machinery etc.
	£
Cost
At 1 March 2025 and 28 February 2026	7,743
Depreciation
At 1 March 2025	7,262
Charge	413
At 28 February 2026	7,675
Carrying amount
At 28 February 2026	68
At 28 February 2025	481

6 Debtors

	2026	2025
	£	£
Trade debtors	170,985	27,743
Other debtors	9,945	9,261
	180,930	37,004

The debtors above include the following amounts falling due after more than one year:

	2026	2025
	£	£
Trade debtors	23,734	27,743
Other debtors	10,774	9,261
	34,508	37,004

7 Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	630	1,449
Taxation and social security	-	793
Other creditors	346,524	2,195
	347,154	4,437

8 Director's advances, credit and guarantees

This loan is provided on an interest free basis and is repayable on demand